Leslie’s Inc. [LESL] fell -36.39% so far this year. What now?

Leslie’s Inc. [NASDAQ: LESL] stock went on a downward path that fall over -0.07% on Thursday, amounting to a one-week price increase of more than 4.01%. The company report on September 29, 2022 that Leslie’s Inc. Publishes Second Annual ESG Report.


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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, today released its second annual Environmental, Social, and Governance (“ESG”) Report. The report highlights Leslie’s priorities and initiatives on environmental stewardship, social commitments, corporate governance, and community service.

“For Leslie’s, ESG is fundamental to our business. Over the past year, we have made tremendous progress on many of our key initiatives, including expanding our eco-friendly product assortment; furthering a culture of diversity, equity, and inclusion; and developing our first-ever greenhouse gas emissions inventory. These initiatives, among others, are integral to generating long-term value for all our stakeholders,” said Michael Egeck, Chief Executive Officer and Director. “We realize there is still more work ahead, but we are confident that as Leslie’s grows, so too does our commitment to creating a more positive impact for those around us.”.

Over the last 12 months, LESL stock dropped by -26.33%. The one-year Leslie’s Inc. stock forecast points to a potential upside of 20.79. The average equity rating for LESL stock is currently 1.60, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $2.71 billion, with 182.94 million shares outstanding and 175.88 million shares in the current float. Compared to the average trading volume of 2.60M shares, LESL stock reached a trading volume of 2432346 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Leslie’s Inc. [LESL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LESL shares is $19.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LESL stock is a recommendation set at 1.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

MKM Partners have made an estimate for Leslie’s Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 04, 2022. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $28 to $16. The new note on the price target was released on August 08, 2022, representing the official price target for Leslie’s Inc. stock. Previously, the target price had yet another drop from $26 to $16, while Loop Capital kept a Hold rating on LESL stock. On April 04, 2022, analysts increased their price target for LESL shares from 26 to 27.

The Average True Range (ATR) for Leslie’s Inc. is set at 0.72, with the Price to Sales ratio for LESL stock in the period of the last 12 months amounting to 1.81. Price to Free Cash Flow for LESL in the course of the last twelve months was 31.25 with Quick ratio for the last quarter at 0.60.

LESL Stock Performance Analysis:

Leslie’s Inc. [LESL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.01. With this latest performance, LESL shares gained by 3.94% in over the last four-week period, additionally sinking by -25.79% over the last 6 months – not to mention a drop of -26.33% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LESL stock in for the last two-week period is set at 54.79, with the RSI for the last a single of trading hit 57.78, and the three-weeks RSI is set at 52.32 for Leslie’s Inc. [LESL]. The present Moving Average for the last 50 days of trading for this stock 14.87, while it was recorded at 15.04 for the last single week of trading, and 18.27 for the last 200 days.

Insight into Leslie’s Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Leslie’s Inc. [LESL] shares currently have an operating margin of +15.57 and a Gross Margin at +44.32. Leslie’s Inc.’s Net Margin is presently recorded at +9.43.

Leslie’s Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 1.50.

LESL Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LESL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Leslie’s Inc. go to 32.80%.

Leslie’s Inc. [LESL] Insider Position Details

There are presently around $2,935 million, in the hands of institutional investors. The top three institutional holders of LESL stocks are: CATTERTON MANAGEMENT COMPANY, L.L.C. with ownership of 18,120,403, which is approximately 0% of the company’s market cap and around 1.20% of the total institutional ownership; CHAMPLAIN INVESTMENT PARTNERS, LLC, holding 14,449,367 shares of the stock with an approximate value of $217.46 million in LESL stocks shares; and VANGUARD GROUP INC, currently with $181.72 million in LESL stock with ownership of nearly -8.953% of the company’s market capitalization.

Positions in Leslie’s Inc. stocks held by institutional investors increased at the end of December and at the time of the December reporting period, where 134 institutional holders increased their position in Leslie’s Inc. [NASDAQ:LESL] by around 24,178,401 shares. Additionally, 110 investors decreased positions by around 19,379,963 shares, while 26 investors held positions by with 151,469,813 shares. The mentioned changes placed institutional holdings at 195,028,177 shares, according to the latest SEC report filing. LESL stock had 30 new institutional investments in for a total of 3,540,602 shares, while 34 institutional investors sold positions of 4,018,739 shares during the same period.

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