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Leslies Inc (LESL) – Don’t Believe the Hype: Check The Facts

Leslies Inc (NASDAQ: LESL) is -56.58% lower on its value in year-to-date trading and has touched a low of $2.42 and a high of $8.21 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LESL stock was last observed hovering at around $2.97 in the last trading session, with the day’s gains setting it 0.03%.

Currently trading at $3.00, the stock is 0.04% and -7.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.49 million and changing 1.01% at the moment leaves the stock -43.85% off its SMA200. LESL registered -52.98% loss for a year compared to 6-month loss of -60.63%.

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The stock witnessed a 5.45% gain in the last 1 month and extending the period to 3 months gives it a -46.90%, and is 7.53% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.07% over the week and 8.99% over the month.

Leslies Inc (LESL) has around 4100 employees, a market worth around $554.73M and $1.36B in sales. Current P/E ratio is 192.31 and Fwd P/E is 16.42. Profit margin for the company is 0.22%. Distance from 52-week low is 23.97% and -63.46% from its 52-week high. The company has generated returns on investments over the last 12 months (0.37%).

Leslies Inc quarterly earnings per share for the current quarter are estimated at 0.11 with sales reaching $404.09M over the same period.The EPS is expected to shrink by -71.25% this year, but quarterly earnings will post -7.90% year-over-year. Quarterly sales are estimated to shrink -6.50% in year-over-year returns.

307.0 institutions hold shares in Leslies Inc (LESL), with institutional investors hold 129.70% of the company’s shares. The shares outstanding are 184.33M, and float is at 177.01M with Short Float at 13.45%. Institutions hold 123.26% of the Float.

The top institutional shareholder in the company is ARIEL INVESTMENTS, LLC with over 36.6 million shares valued at $153.36 million. The investor’s holdings represent 19.8247 of the LESL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 28.53 million shares valued at $119.54 million to account for 15.4529 of the shares outstanding. The other top investors are CLARKSTON CAPITAL PARTNERS, LLC which holds 23.46 million shares representing 12.7061 and valued at over $98.29 million, while VANGUARD GROUP INC holds 10.5353 of the shares totaling 19.45 million with a market value of $81.5 million.

Leslies Inc (LESL) Insider Activity

The most recent transaction is an insider purchase by Estep Jonathan S, the company’s Director. SEC filings show that Estep Jonathan S bought 17,200 shares of the company’s common stock on Sep 03 ’24 at a price of $2.90 per share for a total of $49880.0. Following the purchase, the insider now owns 24680.0 shares.

Leslies Inc disclosed in a document filed with the SEC on Aug 30 ’24 that Naylor Maile (Director) bought a total of 8,300 shares of the company’s common stock. The trade occurred on Aug 30 ’24 and was made at $3.00 per share for $24900.0. Following the transaction, the insider now directly holds 8300.0 shares of the LESL stock.

Still, SEC filings show that on Aug 29 ’24, Spofford Claire (Director) acquired 39,600 shares at an average price of $2.52 for $99792.0. The insider now directly holds 55,807 shares of Leslies Inc (LESL).

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