Leslie's (NASDAQ:LESL) Issues Earnings Results

Leslie's (NASDAQ:LESL - Get Free Report) announced its quarterly earnings results on Thursday. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of ($0.21) by ($0.02), Zacks reports. Leslie's had a negative net margin of 2.13% and a negative return on equity of 6.11%. Leslie's updated its FY 2025 guidance to -0.010-0.070 EPS and its Q2 2025 guidance to -0.250--0.230 EPS.

Leslie's Trading Down 2.1 %

Leslie's stock traded down $0.04 on Monday, hitting $1.61. 7,933,479 shares of the stock traded hands, compared to its average volume of 5,814,002. The business's fifty day simple moving average is $2.21 and its 200 day simple moving average is $2.64. The firm has a market cap of $297.26 million, a P/E ratio of -10.70 and a beta of 1.10. Leslie's has a 1 year low of $1.56 and a 1 year high of $8.21.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. William Blair reaffirmed a "market perform" rating on shares of Leslie's in a research note on Tuesday, November 26th. Robert W. Baird dropped their price objective on Leslie's from $4.00 to $3.50 and set a "neutral" rating for the company in a report on Tuesday, November 26th. Telsey Advisory Group cut their price objective on Leslie's from $3.75 to $3.00 and set a "market perform" rating on the stock in a research report on Friday. Stifel Nicolaus decreased their target price on Leslie's from $1.90 to $1.55 and set a "sell" rating for the company in a report on Friday. Finally, Mizuho cut their price target on shares of Leslie's from $4.00 to $3.00 and set a "neutral" rating on the stock in a report on Monday, January 6th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $3.28.

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.