As of Friday close, Leslie’s Inc.’s (NASDAQ:LESL) stock was up $0.13, moving up 2.66 percent to $5.02. The average number of shares traded per day over the past five days has been 4,682,000 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.56 fall in that time frame. In the last twenty days, the average volume was 3,962,730, while in the previous 50 days, it was 5,469,416.
Since last month, LESL stock retreated -22.29%. Shares of the company fell to $4.78 on 09/22/23, the lowest level in the past month. A 52-week high of $17.12 was reached on 02/02/23 after having rallying from a 52-week low of $4.87. Since the beginning of this year, LESL’s stock price has dropped by -58.89% or -$7.19, and marked a new high 16 times. However, the stock has declined by -70.69% since its 52-week high.
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LESL stock investors should be aware that Leslie’s Inc. (LESL) stock had its last reported insider trading activity 47 days ago on Aug 07. Egeck Michael R., the Chief Executive Officer of the company, purchased of 50,000 shares for $6.93 on Aug 07. It resulted in a $346,410 investment by the insider. Weddell Steven M added 25,000 shares at an average price of $6.92 on Aug 07. The insider now owns 1,436,377 shares following the transaction. On Dec 12, Former 10% Owner Bubbles Investor Aggregator, L sold 9,343,499 shares at $12.02 apiece. The transaction was valued at $112,308,858.
Valuation Metrics
Right now, Leslie’s Inc. (LESL) has a P/E ratio of about 13.57. The stock’s beta is 0.80.
Financial Health
In the three months ended June 29, Leslie’s Inc.’s quick ratio stood at 0.30, while its current ratio was 1.70, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 40.50% percent. In the year ended June 29, EBITDA margin amounted to 17.25%, whereas operating margins totaled 9.80%. Based on annual data, LESL earned $673.74 million in gross profit and brought in $1.56 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 32.20%. Return on equity (ROE) for the past 12 months was -32.00%.
In Leslie’s Inc.’s quarter-end financial report for June 29, it reported total debt of $774.88 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. LESL’s revenue fell -10.32% to $212.17 million during the quarter, while net income inched up to $610.6 million. While analysts expected Leslie’s Inc. to report $0.44 quarterly earnings, the actual figure was $0.41 per share, beating the consensus estimate by -6.80%. During the quarter, the company generated $124.49 million in EBITDA. The liabilities of Leslie’s Inc. were 1.32 billion at the end of its most recent quarter ended June 29, and its total debt was $1.07 billion. The value of shareholders’ equity is $184.0 million.
Technical Picture
This quick technical analysis looks at Leslie’s Inc.’s (LESL) price momentum. With a historical volatility rate of 54.78%, the RSI 9-day stood at 28.69% on 22 September.
With respect to its five-day moving average, the current Leslie’s Inc. price is down by -10.04% percent or -$0.56. At present, LESL shares trade -19.55% below its 20-day simple moving average and -52.86% percent below its 100-day simple moving average. However, the stock is currently trading approximately -47.27% below its SMA50 and -62.14% below its SMA200.
Stochastic coefficient K was 10.18% and Stochastic coefficient D was 7.56%, while ATR was 0.30. Given the Stochastic reading of 15.29% for the 14-day period, the RSI (14) reading has been calculated as 29.83%. As of today, the MACD Oscillator reading stands at -0.25, while the 14-day reading stands at -0.46.
Analyst Ratings
Leslie’s Inc. downgraded its rating on Leslie’s Inc. (NASDAQ: LESL) to a Hold in a note to investors on July 18, 2023. The analysts firm previously had a Buy rating on the stock.Leslie’s Inc. (LESL) has been rated Hold by analysts. According to 0 brokerage firms, LESL is a sell, and 9 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Leslie’s Inc. stock as buy, with 3 recommending it as overweight.
With a median target price of $7.25, the current consensus forecast for the stock is $6.00 – $12.00. Based on these forecasts, analysts predict Leslie’s Inc. (LESL) will achieve an average price target of $7.85.
