That’s why I Feel Comfortable With Leslies Inc’s (LESL) Future

Leslies Inc [LESL] stock prices are down -2.39% to $2.86 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LESL shares have gain 1.06% over the last week, with a monthly amount drifted -31.25%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Leslies Inc [NASDAQ: LESL] stock has seen the most recent analyst activity on July 18, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also revised its price target to $4 from $6. Previously, Stifel downgraded its rating to Sell on July 18, 2024, and dropped its price target to $2.50. On March 19, 2024, Mizuho initiated with a Neutral rating and assigned a price target of $7 on the stock. Telsey Advisory Group reiterated its Market Perform rating and decreased its price target to $6 on November 29, 2023. Goldman downgraded its rating to a Neutral and reduced its price target to $5 on November 29, 2023. Loop Capital downgraded its rating to Hold for this stock on July 18, 2023, and downed its price target to $6. In a note dated July 17, 2023, Jefferies downgraded an Hold rating on this stock and revised its target price from $15 to $7.

The stock price of Leslies Inc [LESL] has been fluctuating between $2.42 and $8.21 over the past year. Currently, Wall Street analysts expect the stock to reach $12.69 within the next 12 months. Leslies Inc [NASDAQ: LESL] shares were valued at $2.86 at the most recent close of the market. An investor can expect a potential return of 343.71% based on the average LESL price forecast.

Analyzing the LESL fundamentals

The Leslies Inc [NASDAQ:LESL] reported sales of 1.41B for trailing twelve months, representing a drop of -11.36%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is -0.08 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-4.06.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.78 points at the first support level, and at 2.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.98, and for the 2nd resistance point, it is at 3.10.

Ratios To Look Out For

It’s worth pointing out that Leslies Inc [NASDAQ:LESL]’s Current Ratio is 1.73. Further, the Quick Ratio stands at 0.28, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 0.38 and price to earnings (TTM) ratio is 35.66.

Transactions by insiders

Recent insider trading involved Egeck Michael R., Chief Executive Officer, that happened on Aug 07 ’23 when 50000.0 shares were purchased., Weddell Steven M completed a deal on Aug 07 ’23 to buy 25000.0 shares.

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