Gazaway Brad Sells Leslie’s Inc. (LESL) Shares

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BEPC Stock

The stock of Leslie’s Inc. (NASDAQ:LESL) decreased by -$0.08 on Wednesday to $15.48, down -0.48 percent. The last five days have seen an average of 1,963,887 shares of common stock traded. 2 times new highs were reached in the current year, with a fall of -$8.11. The average number of shares traded over the last 20 days was 2,712,142, while the average volume over the last 50 days totaled 3,580,465.

LESL stock appreciated 12.75% since last month. On 11/03/22, the company’s shares reached a one-month low of $12.79. The stock touched a high of $24.40 on 01/04/22, after rallying from a low of $12.79 in 52 weeks. The price of LESL stock has declined by -34.23% or -$8.11 this year, reaching a new high 2 times. Still, the stock price is down -36.54% from the 52-week high.


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Insider Transactions

LESL stock investors should be aware that Leslie’s Inc. (LESL) stock had its last reported insider trading activity 58 days ago on Sep 26. On Sep 26, Gazaway Brad sold 3,335 shares at $14.82 each. This transaction resulted in the insider making $49,425. On May 12, LaBode Moyo sold 4,696 shares at a price of US$17.48. After the transaction, the insider now owns 11,554 shares. Weddell Steven M had earlier bought 25,000 shares on Feb 08 for $19.80 a share. The transaction was completed for $495,000.

Valuation Metrics

Leslie’s Inc. (LESL) has a trailing price-to-earnings (P/E) ratio of 19.92. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.92, and the price-to-cash flow ratio of 33.06.

Financial Health

For the three months ended June 29, Leslie’s Inc.’s quick ratio was 0.60, while its current ratio was 1.50, indicating its inability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 43.10% percent. Leslie’s Inc.’s operating margin stood at 14.90% for the same period. Based on annual data, it had gross profit of $595.16 million and revenue of $1.34 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. LESL’s return on assets (ROA) during the last 12 months has been 14.90%. There was a -330.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -46.90%.

Earnings Surprise

According to Leslie’s Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $673.63 million, while revenues rose by 11.44% to $228.07 million. It was predicted that Leslie’s Inc.’s quarterly earnings would be $0.68, but it ended up being $0.74, beating the consensus by -8.10%. EBITDA was $179.7 million for the quarter. At the end of Leslie’s Inc.’s most recent quarter ended June 29, its liabilities totaled 1.38 billion, while its total debt was $1.01 billion. Equity owned by shareholders amounts to $183.03 million.

Technical Picture

Here’s a quick look at Leslie’s Inc.’s (LESL) price momentum from a technical perspective. As of 22 November, the RSI 9-day stood at 57.26%, suggesting the stock is Neutral, with a 40.64% historical volatility rate.

The stochastic %K and %D were 67.51% and 66.07% respectively, while the average true range (ATR) was 0.69. Based on the 14-day stochastic reading of 67.56%, the RSI (14) reading is 56.63%. On the 9-day MACD Oscillator, the stock is at -0.32, and the 14-day reading is at 0.26.

Analyst Ratings

Leslie’s Inc. (NASDAQ: LESL) was downgraded by Robert W. Baird to a a Neutral rating in its latest research report. The stock was previously rated as a an Outperform. Analysts have assigned Leslie’s Inc. (LESL) an Overweight rating. LESL is a stock that is recommended for selling by 0 brokerage firms, while 5 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 8 others recommend it as a buy.

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