Leslies Inc (LESL) stock hits $2.87: Is it a good time to buy or wait for a dip?

Leslies Inc [LESL] stock is trading at $2.87, up 3.99%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LESL shares have gain 3.99% over the last week, with a monthly amount glided 4.36%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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.

Leslies Inc [LESL] stock has fluctuated between $2.42 and $8.21 over the past year. Currently, Wall Street analysts expect the stock to reach $8.47 within the next 12 months. Leslies Inc [NASDAQ: LESL] shares were valued at $2.87 at the most recent close of the market. An investor can expect a potential return of 195.12% based on the average LESL price forecast.

Analyzing the LESL fundamentals

Leslies Inc [NASDAQ:LESL] reported sales of 1.36B for the trailing twelve months, which represents a drop of -6.75%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is -0.02 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -4.99.

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 2.75 points at the first support level, and at 2.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.94, and for the 2nd resistance point, it is at 3.00.

Ratios To Look Out For

For context, Leslies Inc’s Current Ratio is 1.60. In addition, the Quick Ratio stands at 0.54 and the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 0.39 and price to earnings (TTM) ratio is 183.97.

Transactions by insiders

Recent insider trading involved Daniel Yolanda, Director, that happened on Sep 06 ’24 when 6000.0 shares were purchased. Director, Estep Jonathan S completed a deal on Sep 03 ’24 to buy 17200.0 shares. Meanwhile, Director Naylor Maile bought 8300.0 shares on Aug 30 ’24.

Related Posts