Leslie's, Inc. (NASDAQ:LESL - Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $2.76, but opened at $2.84. Leslie's shares last traded at $2.80, with a volume of 234,323 shares traded.
Wall Street Analysts Forecast Growth
LESL has been the topic of several research analyst reports. Mizuho lowered their price target on Leslie's from $6.00 to $4.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 6th. Piper Sandler cut their price target on Leslie's from $6.00 to $3.00 and set a "neutral" rating for the company in a report on Thursday, July 18th. Bank of America lowered their price objective on shares of Leslie's from $6.40 to $5.15 and set a "buy" rating on the stock in a research note on Thursday, July 18th. Stifel Nicolaus cut shares of Leslie's from a "hold" rating to a "sell" rating and cut their target price for the company from $5.25 to $2.50 in a research note on Thursday, July 18th. Finally, Telsey Advisory Group restated a "market perform" rating and issued a $4.00 price target on shares of Leslie's in a research report on Tuesday, August 27th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $3.96.
View Our Latest Analysis on LESL
Leslie's Stock Performance
The company has a market capitalization of $558.44 million, a P/E ratio of 151.00, a price-to-earnings-growth ratio of 2.00 and a beta of 1.19. The firm has a 50 day moving average price of $2.85 and a two-hundred day moving average price of $3.58.
Hedge Funds Weigh In On Leslie's
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Barclays PLC increased its holdings in Leslie's by 125.1% during the 3rd quarter. Barclays PLC now owns 399,169 shares of the company's stock valued at $1,260,000 after purchasing an additional 221,809 shares in the last quarter. XTX Topco Ltd grew its holdings in shares of Leslie's by 1,219.6% during the third quarter. XTX Topco Ltd now owns 336,539 shares of the company's stock worth $1,063,000 after purchasing an additional 311,035 shares during the last quarter. Weiss Asset Management LP acquired a new stake in shares of Leslie's in the third quarter valued at $6,470,000. State Street Corp raised its holdings in shares of Leslie's by 7.7% in the third quarter. State Street Corp now owns 8,406,377 shares of the company's stock valued at $26,564,000 after buying an additional 601,177 shares during the last quarter. Finally, Quadrature Capital Ltd bought a new stake in Leslie's during the 3rd quarter worth about $117,000.
Leslie's Company Profile
(
Get Free Report)
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.
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