Leslie's' (LESL) Market Perform Rating Reiterated at Telsey Advisory Group

Leslie's (NASDAQ:LESL - Get Free Report)'s stock had its "market perform" rating restated by stock analysts at Telsey Advisory Group in a report issued on Tuesday,Benzinga reports. They currently have a $3.00 price objective on the stock. Telsey Advisory Group's price objective indicates a potential upside of 282.75% from the stock's previous close.

A number of other equities research analysts have also recently issued reports on LESL. Stifel Nicolaus dropped their price objective on Leslie's from $1.90 to $1.55 and set a "sell" rating on the stock in a research note on Friday, February 7th. The Goldman Sachs Group dropped their price target on Leslie's from $4.00 to $3.00 and set a "neutral" rating on the stock in a research note on Tuesday, February 11th. Guggenheim reaffirmed a "neutral" rating on shares of Leslie's in a report on Friday, February 7th. Robert W. Baird set a $3.00 price objective on Leslie's in a report on Tuesday, February 4th. Finally, Morgan Stanley decreased their price objective on Leslie's from $3.00 to $1.50 and set an "equal weight" rating on the stock in a report on Monday, March 3rd. Two analysts have rated the stock with a sell rating and ten have assigned a hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $2.65.

Leslie's Trading Down 1.8 %

Shares of Leslie's stock traded down $0.01 on Tuesday, reaching $0.78. 9,658,730 shares of the company were exchanged, compared to its average volume of 5,528,476. Leslie's has a one year low of $0.75 and a one year high of $7.59. The company has a market capitalization of $145.18 million, a price-to-earnings ratio of -5.23 and a beta of 1.20. The company has a 50-day moving average of $1.54 and a 200 day moving average of $2.28.

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Leslie's (NASDAQ:LESL - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.21) by ($0.02). Leslie's had a negative return on equity of 6.11% and a negative net margin of 2.13%.

Institutional Trading of Leslie's

Several large investors have recently modified their holdings of the stock. Integrated Investment Consultants LLC grew its holdings in shares of 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 purchasing an additional 5,700 shares in the last quarter. IHT Wealth Management LLC lifted its position in shares of 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 buying an additional 5,776 shares during the last quarter. Northern Trust Corp lifted its position in shares of Leslie's by 0.4% during the 4th quarter. Northern Trust Corp now owns 2,092,559 shares of the company's stock worth $4,666,000 after buying an additional 7,417 shares during the last quarter. Graham Capital Management L.P. lifted its position in shares of Leslie's by 4.6% during the 4th quarter. Graham Capital Management L.P. now owns 171,422 shares of the company's stock worth $382,000 after buying an additional 7,493 shares during the last quarter. Finally, Kerrisdale Advisers LLC lifted its position in shares of Leslie's by 6.0% during the 4th quarter. Kerrisdale Advisers LLC now owns 160,438 shares of the company's stock worth $358,000 after buying an additional 9,033 shares during the last quarter.

Leslie's Company 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.