Leslies Inc (NASDAQ: LESL) has experienced a decline in its stock price by -0.11 compared to its previous closing price of 4.57. However, the company has seen a fall of -12.21% in its stock price over the last five trading days. globenewswire.com reported 2024-06-10 that Investors can contact the law firm at no cost to learn more about recovering their losses.
Is It Worth Investing in Leslies Inc (NASDAQ: LESL) Right Now?
Leslies Inc (NASDAQ: LESL) has a higher price-to-earnings ratio of 56.92x compared to its average ratio, The 36-month beta value for LESL is at 1.18. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for LESL is 176.10M, and currently, shorts hold a 15.16% of that float. The average trading volume for LESL on June 17, 2024 was 4.15M shares.
LESL’s Market Performance
LESL stock saw a decrease of -12.21% in the past week, with a monthly decline of -13.21% and a quarterly a decrease of -33.26%. The volatility ratio for the week is 8.03%, and the volatility levels for the last 30 days are 6.21% for Leslies Inc (LESL). The simple moving average for the past 20 days is -12.52% for LESL’s stock, with a -22.22% simple moving average for the past 200 days.
Analysts’ Opinion of LESL
Many brokerage firms have already submitted their reports for LESL stocks, with Mizuho repeating the rating for LESL by listing it as a “Neutral.” The predicted price for LESL in the upcoming period, according to Mizuho is $7 based on the research report published on March 19, 2024 of the current year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see LESL reach a price target of $6, previously predicting the price at $7.50. The rating they have provided for LESL stocks is “Market Perform” according to the report published on November 29th, 2023.
Goldman gave a rating of “Neutral” to LESL, setting the target price at $5 in the report published on November 29th of the previous year.
LESL Trading at -6.74% from the 50-Day Moving Average
After a stumble in the market that brought LESL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -55.98% of loss for the given period.
Volatility was left at 6.21%, however, over the last 30 days, the volatility rate increased by 8.03%, as shares sank -10.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.97% lower at present.
During the last 5 trading sessions, LESL fell by -12.98%, which changed the moving average for the period of 200-days by -30.92% in comparison to the 20-day moving average, which settled at $5.19. In addition, Leslies Inc saw -33.94% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LESL starting from Egeck Michael R., who purchase 50,000 shares at the price of $6.93 back on Aug 07 ’23. After this action, Egeck Michael R. now owns 2,391,814 shares of Leslies Inc, valued at $346,410 using the latest closing price.
Weddell Steven M, the See Remarks of Leslies Inc, purchase 25,000 shares at $6.92 during a trade that took place back on Aug 07 ’23, which means that Weddell Steven M is holding 1,436,377 shares at $173,078 based on the most recent closing price.
Stock Fundamentals for LESL
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.37 for the gross margin
The net margin for Leslies Inc stands at 0.01. The total capital return value is set at 0.1.
Based on Leslies Inc (LESL), the company’s capital structure generated 1.33 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at -4.06. The interest coverage ratio of the stock is 1.25.
Currently, EBITDA for the company is 136.32 million with net debt to EBITDA at 9.33. When we switch over and look at the enterprise to sales, we see a ratio of 1.4. The receivables turnover for the company is 43.0for trailing twelve months and the total asset turnover is 1.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.73.
Conclusion
In conclusion, Leslies Inc (LESL) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
