Wall Street Analyst Reiterated Leslies Inc [LESL]. What else is Wall St. saying

Leslies Inc [NASDAQ: LESL] stock went on an upward path that rose over 12.29% on Monday, amounting to a one-week price increase of more than 10.42%.

Over the last 12 months, LESL stock dropped by -51.20%. The one-year Leslies Inc stock forecast points to a potential upside of 18.46. The average equity rating for LESL stock is currently 2.83, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $521.08 million, with 184.97 million shares outstanding and 177.04 million shares in the current float. Compared to the average trading volume of 5.20M shares, LESL stock reached a trading volume of 14418835 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Leslies Inc [LESL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LESL shares is $3.25 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 2.83. 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.

Telsey Advisory Group have made an estimate for Leslies Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on November 26, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $6 to $4. The new note on the price target was released on July 18, 2024, representing the official price target for Leslies Inc stock. Previously, the target price had yet another drop from $5.25 to $2.50, while Stifel kept a Sell rating on LESL stock.

The Average True Range (ATR) for Leslies Inc is set at 0.27, with the Price to Sales ratio for LESL stock in the period of the last 12 months amounting to 0.39. Price to Free Cash Flow for LESL in the course of the last twelve months was 8.65 with Quick ratio for the last quarter at 0.76.

LESL Stock Performance Analysis:

Leslies Inc [LESL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.42. With this latest performance, LESL shares dropped by -14.24% in over the last four-week period, additionally sinking by -49.04% over the last 6 months – not to mention a drop of -51.20% 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 49.18, with the RSI for the last a single of trading hit 51.26, and the three-weeks RSI is set at 48.50 for Leslies Inc [LESL]. The present Moving Average for the last 50 days of trading for this stock 2.78, while it was recorded at 2.41 for the last single week of trading, and 4.07 for the last 200 days.

Insight into Leslies Inc Fundamentals:

Leslies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.76 and a Current Ratio set at 1.71.

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 Leslies Inc go to 9.70%.

Leslies Inc [LESL] Institutonal Ownership Details

There are presently around $106.47%, or 112.04%% of LESL stock, in the hands of institutional investors. The top three institutional holders of LESL stocks are: ARIEL INVESTMENTS, LLC with ownership of 36.6 million shares, which is approximately 19.8247%. BLACKROCK INC., holding 28.53 million shares of the stock with an approximate value of $$119.54 million in LESL stocks shares; and BLACKROCK INC., currently with $$98.29 million in LESL stock with ownership which is approximately 12.7061%.