Leslie’s, Inc. (NASDAQ:LESL) Given Average Recommendation of “Hold” by Brokerages

Shares of Leslie’s, Inc. (NASDAQ:LESLGet Free Report) have been given a consensus rating of “Hold” by the ten ratings firms that are presently covering the company, MarketBeat reports. Ten investment analysts have rated the stock with a hold recommendation. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $6.37.

A number of research analysts recently weighed in on LESL shares. Loop Capital upped their price target on Leslie’s from $6.00 to $8.00 and gave the stock a “hold” rating in a research note on Tuesday, March 5th. Mizuho started coverage on Leslie’s in a research note on Tuesday, March 19th. They set a “neutral” rating and a $7.00 price target on the stock. Stifel Nicolaus upped their price target on Leslie’s from $5.40 to $6.30 and gave the stock a “hold” rating in a research note on Friday, February 2nd. Telsey Advisory Group reissued a “market perform” rating and issued a $6.00 price objective on shares of Leslie’s in a research note on Friday, February 2nd. Finally, William Blair reissued a “market perform” rating on shares of Leslie’s in a research note on Friday, February 2nd.

Read Our Latest Report on LESL

Leslie’s Price Performance

Shares of Leslie’s stock opened at $5.94 on Tuesday. Leslie’s has a one year low of $4.39 and a one year high of $11.68. The stock’s 50-day moving average is $7.25 and its 200 day moving average is $6.25. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of 59.41, a PEG ratio of 0.97 and a beta of 0.90.

Leslie’s (NASDAQ:LESLGet Free Report) last announced its earnings results on Thursday, February 1st. The company reported ($0.21) EPS for the quarter, beating the consensus estimate of ($0.22) by $0.01. Leslie’s had a negative return on equity of 15.00% and a net margin of 1.25%. The company had revenue of $173.96 million for the quarter, compared to analyst estimates of $169.17 million. On average, sell-side analysts expect that Leslie’s will post 0.23 EPS for the current fiscal year.

Institutional Trading of Leslie’s

A number of institutional investors and hedge funds have recently modified their holdings of LESL. FMR LLC increased its position in shares of Leslie’s by 463.1% during the first quarter. FMR LLC now owns 3,080 shares of the company’s stock valued at $34,000 after acquiring an additional 2,533 shares during the last quarter. Profund Advisors LLC purchased a new stake in shares of Leslie’s during the third quarter valued at approximately $58,000. Pathstone Family Office LLC purchased a new stake in shares of Leslie’s during the third quarter valued at approximately $69,000. Tower Research Capital LLC TRC increased its position in shares of Leslie’s by 113.5% during the third quarter. Tower Research Capital LLC TRC now owns 4,697 shares of the company’s stock valued at $69,000 after acquiring an additional 2,497 shares during the last quarter. Finally, UBS Group AG increased its position in shares of Leslie’s by 20.8% during the second quarter. UBS Group AG now owns 4,763 shares of the company’s stock valued at $72,000 after acquiring an additional 820 shares during the last quarter.

About Leslie’s

(Get Free Report

Leslie's, Inc operates as a direct-to-consumer pool and spa care brand in the United States. The company markets and sells pool and spa supplies and related products and services. It also offers various pool and spa maintenance items, such as chemicals, equipment and parts, cleaning and maintenance equipment, safety, recreational, and fitness related products.

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Analyst Recommendations for Leslie's (NASDAQ:LESL)

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