While Leslies Inc has overperformed by 0.11%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LESL fell by -56.94%, with highs and lows ranging from $11.68 to $4.39, whereas the simple moving average fell by -28.40% in the last 200 days.
On March 19, 2024, Mizuho started tracking Leslies Inc (NASDAQ: LESL) recommending Neutral. A report published by Telsey Advisory Group on November 29, 2023, Reiterated its previous ‘Market Perform’ rating for LESL. Goldman also Downgraded LESL shares as ‘Neutral’, setting a target price of $5 on the company’s shares in a report dated November 29, 2023. Loop Capital July 18, 2023d the rating to Hold on July 18, 2023, and set its price target from $16 to $6. Jefferies July 17, 2023d its ‘Buy’ rating to ‘Hold’ for LESL, as published in its report on July 17, 2023. Piper Sandler also rated the stock as ‘Neutral’.
Analysis of Leslies Inc (LESL)
Further, the quarter-over-quarter decrease in sales is -10.84%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Leslies Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. Taking into account the quick ratio of the company, currently set at 0.28, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 2.85M can be a very valuable indicator of volatility for LESL stock. On a monthly basis, the volatility of the stock is set at 6.97%, whereas on a weekly basis, it is put at 6.77%, with a loss of -15.78% over the past seven days. Furthermore, long-term investors anticipate a median target price of $6.80, showing growth from the present price of $4.59, which can serve as yet another indication of whether LESL is worth investing in or should be passed over.
How Do You Analyze Leslies Inc Shares?
The USA based company Leslies Inc (LESL) is one of the biggest names in Specialty Retail. When comparing Leslies Inc shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 47.96, there is a growth in quarterly earnings of -30.08%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 4.66%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 114.28% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
LESL shares are owned by institutional investors to the tune of 114.28% at present.
