The -13.88% Decline of Leslies Inc’s (LESL) Stock in the Past Quarter

The stock of Leslies Inc (LESL) has gone down by -1.38% for the week, with a 14.63% rise in the past month and a -31.74% drop in the past quarter. The volatility ratio for the week is 5.12%, and the volatility levels for the past 30 days are 7.61% for LESL. The simple moving average for the past 20 days is -1.85% for LESL’s stock, with a -44.17% simple moving average for the past 200 days.

Is It Worth Investing in Leslies Inc (NASDAQ: LESL) Right Now?

Leslies Inc (NASDAQ: LESL) has a price-to-earnings ratio that is above its average at 183.33x. The stock has a 36-month beta value of 1.16. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for LESL is 176.94M, and at present, short sellers hold a 13.44% of that float. On September 30, 2024, the average trading volume of LESL was 5.34M shares.

LESL) stock’s latest price update

The stock price of Leslies Inc (NASDAQ: LESL) has surged by 0.35 when compared to previous closing price of 2.85, but the company has seen a -1.38% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-09-04 that PHOENIX, Sept. 04, 2024 (GLOBE NEWSWIRE) — Leslie’s, Inc. (“Leslie’s” or the “Company”; NASDAQ: LESL), the largest and most trusted direct-to-consumer brand in the U.S. pool and spa care industry, announced today that it will participate in the Goldman Sachs 31st Annual Global Retailing Conference, to be held in New York City, on September 4-5, 2024. Leslie’s management team will participate in investor meetings both days as well as join a fireside chat with Goldman Sachs sell-side analyst Kate McShane at 8:55am on September 5, 2024. Interested investors can access the fireside chat webcast at https://cc.webcasts.com/gold006/090424a_js/?entity=46_6L4INIG.

Analysts’ Opinion of LESL

Many brokerage firms have already submitted their reports for LESL stocks, with Telsey Advisory Group repeating the rating for LESL by listing it as a “Market Perform.” The predicted price for LESL in the upcoming period, according to Telsey Advisory Group is $4 based on the research report published on July 18, 2024 of the current year 2024.

Stifel, on the other hand, stated in their research note that they expect to see LESL reach a price target of $2.50, previously predicting the price at $5.25. The rating they have provided for LESL stocks is “Sell” according to the report published on July 18th, 2024.

Mizuho gave a rating of “Neutral” to LESL, setting the target price at $7 in the report published on March 19th of the current year.

LESL Trading at -2.72% 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 -65.16% of loss for the given period.

Volatility was left at 7.61%, however, over the last 30 days, the volatility rate increased by 5.12%, as shares surge +14.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.06% upper at present.

During the last 5 trading sessions, LESL fell by -1.38%, which changed the moving average for the period of 200-days by -46.34% in comparison to the 20-day moving average, which settled at $2.93. In addition, Leslies Inc saw -58.61% 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 Daniel Yolanda, who purchase 6,000 shares at the price of $3.09 back on Sep 06 ’24. After this action, Daniel Yolanda now owns 32,015 shares of Leslies Inc, valued at $18,540 using the latest closing price.

Estep Jonathan S, the Director of Leslies Inc, purchase 17,200 shares at $2.90 during a trade that took place back on Sep 03 ’24, which means that Estep Jonathan S is holding 24,680 shares at $49,880 based on the most recent closing price.

Stock Fundamentals for LESL

Current profitability levels for the company are sitting at:

  • 0.05 for the present operating margin
  • 0.36 for the gross margin

The net margin for Leslies Inc stands at 0.0. The total capital return value is set at 0.09.

Based on Leslies Inc (LESL), the company’s capital structure generated 1.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at -4.99. The interest coverage ratio of the stock is 0.99.

Currently, EBITDA for the company is 136.32 million with net debt to EBITDA at 9.51. When we switch over and look at the enterprise to sales, we see a ratio of 1.11. The receivables turnover for the company is 28.34for trailing twelve months and the total asset turnover is 1.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.60.

Conclusion

To sum up, Leslies Inc (LESL) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.

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