How have the shares performed?
Leslie’s Inc. (LESL) saw downtrend of -0.33% in the recent trading with $27.08 being its most recent. The current price level -17.54% lower than the highest price of $32.84 marked by the stock while trading over the past 52-weeks, whereas it is 41.41% higher than the lowest price of $19.15 the company dropped to over past 52-weeks. The latest news story on LESL appeared in GlobeNewswire under the title “Leslies, Inc. Announces Pricing of Secondary Offering” on Jun-09-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -14.17% below one month high and is +6.57% above of the lowest during that time. Looking into the simple moving average, Leslie’s Inc. (LESL)’s stock stands at a SMA-50 of $27.58 while that of 5-day is reading $28.65.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 11 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock.
Leslie’s Inc. Earnings – What Happened With LESL
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Leslie’s Inc. (LESL) last released financial results for the quarter that ended 3/30/2021, posting a surprise factor of 88.90% for net revenue. During the reported three-month period, company’s sales were $192.44 billion while analysts on average were estimating the same to be $566.63 million.
LESL – Leslie’s Inc. Stock Earnings Estimates
The perspective of Leslie’s Inc. (NASDAQ:LESL)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.09 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was -0.01.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 186.81 million. LESL does have institutional investors; and they hold 98.34% of the stock.
Leslie’s Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 4 new insider purchases involving 1,913,462 shares. On the other hand, LESL declared 1,950,557 shares have been sold in 11 insider transactions over the past three months.
As on Mar 30, 2021, Catterton Management Company, L.L.C. was the top most holder in Leslie’s Inc. (NASDAQ:LESL) with an ownership of 56.98 million shares of the company or 30.32% of the stake worth $1.4 billion. The filing also reveals Blackrock Inc. as the second largest holder in the company with a control over 4.77% of the outstanding shares. Its stake is worth $219.68 million for having 8.97 million shares in hand.
Kayne Anderson Rudnick Investment Management LLC also came holding a key position in the company during the recent quarter and it now holds 3.38% of the outstanding shares. With this there are now 227 institutions which have possession in LESL’s shares.
Currently, the stock has been recommended as Moderate Buy by 11 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock.