GAMMA Investing LLC Makes New $101,000 Investment in Leslie’s, Inc. (NASDAQ:LESL)

GAMMA Investing LLC bought a new stake in Leslie’s, Inc. (NASDAQ:LESL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,992 shares of the company’s stock, valued at approximately $101,000.

Several other large investors also recently bought and sold shares of LESL. Profund Advisors LLC acquired a new stake in Leslie’s in the third quarter valued at $58,000. Pathstone Family Office LLC acquired a new stake in shares of Leslie’s during the third quarter valued at $69,000. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Leslie’s during the third quarter valued at $74,000. Blueshift Asset Management LLC acquired a new stake in shares of Leslie’s during the third quarter valued at $87,000. Finally, Sage Rhino Capital LLC acquired a new stake in shares of Leslie’s during the third quarter valued at $91,000.

Leslie’s Stock Performance

LESL opened at $3.99 on Monday. The stock’s fifty day moving average is $6.29 and its 200-day moving average is $6.18. The company has a market capitalization of $736.19 million, a PE ratio of 39.90, a P/E/G ratio of 0.62 and a beta of 0.90. Leslie’s, Inc. has a one year low of $3.88 and a one year high of $11.68.

Leslie’s (NASDAQ:LESL) last posted its quarterly earnings data on Thursday, February 1st. The company reported ($0.21) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.22) by $0.01. The firm had revenue of $173.96 million for the quarter, compared to the consensus estimate of $169.17 million. Leslie’s had a negative return on equity of 15.00% and a net margin of 1.25%. On average, equities research analysts forecast that Leslie’s, Inc. will post 0.23 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on LESL. Stifel Nicolaus increased their price objective on Leslie’s from $5.40 to $6.30 and gave the company a “hold” rating in a research note on Friday, February 2nd. William Blair restated a “market perform” rating on shares of Leslie’s in a report on Friday, February 2nd. Loop Capital raised their price objective on Leslie’s from $6.00 to $8.00 and gave the stock a “hold” rating in a report on Tuesday, March 5th. Telsey Advisory Group restated a “market perform” rating and issued a $6.00 price objective on shares of Leslie’s in a report on Friday, February 2nd. Finally, Mizuho assumed coverage on Leslie’s in a report on Tuesday, March 19th. They issued a “neutral” rating and a $7.00 price objective on the stock. Ten equities research analysts have rated the stock with a hold rating, According to MarketBeat, Leslie’s currently has an average rating of “Hold” and a consensus price target of $6.37.

About Leslie’s

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.