RBF Capital LLC Makes New Investment in Leslie's, Inc. (NASDAQ:LESL)

RBF Capital LLC bought a new stake in Leslie's, Inc. (NASDAQ:LESL - Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 502,361 shares of the company's stock, valued at approximately $1,587,000. RBF Capital LLC owned 0.27% of Leslie's as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. The Manufacturers Life Insurance Company lifted its position in Leslie's by 6.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 81,345 shares of the company's stock worth $341,000 after acquiring an additional 4,798 shares during the period. Integrated Investment Consultants LLC lifted its position in Leslie's by 36.1% during the 3rd quarter. Integrated Investment Consultants LLC now owns 21,500 shares of the company's stock worth $68,000 after acquiring an additional 5,700 shares during the period. IHT Wealth Management LLC lifted its position in Leslie's by 52.6% during the 3rd quarter. IHT Wealth Management LLC now owns 16,760 shares of the company's stock worth $51,000 after acquiring an additional 5,776 shares during the period. Price T Rowe Associates Inc. MD lifted its position in Leslie's by 7.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 86,970 shares of the company's stock worth $566,000 after acquiring an additional 6,101 shares during the period. Finally, nVerses Capital LLC acquired a new stake in Leslie's during the 2nd quarter worth approximately $26,000.

Wall Street Analysts Forecast Growth

LESL has been the subject of a number of recent research reports. William Blair reaffirmed a "market perform" rating on shares of Leslie's in a research report on Tuesday, November 26th. Telsey Advisory Group decreased their price objective on Leslie's from $4.00 to $3.75 and set a "market perform" rating for the company in a research report on Tuesday, November 26th. Finally, Robert W. Baird reduced their price target on Leslie's from $4.00 to $3.50 and set a "neutral" rating for the company in a report on Tuesday, November 26th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $3.61.

Leslie's Stock Down 3.7 %

NASDAQ LESL traded down $0.09 during mid-day trading on Thursday, hitting $2.31. The stock had a trading volume of 2,365,952 shares, compared to its average volume of 4,431,470. Leslie's, Inc. has a 52-week low of $2.24 and a 52-week high of $8.21. The company has a market cap of $427.28 million, a price-to-earnings ratio of -19.83 and a beta of 1.12. The company has a 50 day simple moving average of $2.80 and a 200 day simple moving average of $3.37.

Leslie's (NASDAQ:LESL - Get Free Report) last released its quarterly earnings data on Monday, November 25th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.09). Leslie's had a negative net margin of 1.76% and a negative return on equity of 6.11%. The firm had revenue of $397.90 million during the quarter, compared to analysts' expectations of $405.19 million. During the same period in the previous year, the business earned $0.14 earnings per share. The business's revenue for the quarter was down 8.0% on a year-over-year basis. As a group, equities analysts anticipate that Leslie's, Inc. will post 0.14 earnings per share for the current fiscal year.

Leslie's Profile

Leslie's, Inc operates as a direct-to-consumer pool and spa care brand in the United States. The company markets and sells pool and spa supplies and related products and services. It also offers various pool and spa maintenance items, such as chemicals, equipment and parts, cleaning and maintenance equipment, safety, recreational, and fitness related products.