Market Update: Leslies Inc (LESL) Sees Negative Movement, Closing at 2.91

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In the latest session, Leslies Inc (NASDAQ: LESL) closed at $2.91 down -2.68% from its previous closing price of $2.99. In other words, the price has decreased by -$2.68 from its previous closing price. On the day, 2.53 million shares were traded. LESL stock price reached its highest trading level at $3.05 during the session, while it also had its lowest trading level at $2.87.

Ratios:

For a deeper understanding of Leslies Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 63.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.02. For the most recent quarter (mrq), Quick Ratio is recorded 0.28 and its Current Ratio is at 1.73.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on July 18, 2024, Reiterated its Market Perform rating but revised its target price to $4 from $6 previously.

On July 18, 2024, Stifel Downgraded its rating to Sell which previously was Hold and also lowered its target price recommendation from $5.25 to $2.50.

On March 19, 2024, Mizuho started tracking the stock assigning a Neutral rating and target price of $7.Mizuho initiated its Neutral rating on March 19, 2024, with a $7 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 07 ’23 when Egeck Michael R. bought 50,000 shares for $6.93 per share. The transaction valued at 346,410 led to the insider holds 2,391,814 shares of the business.

Weddell Steven M bought 25,000 shares of LESL for $173,078 on Aug 07 ’23. The insider now owns 1,436,377 shares after completing the transaction at $6.92 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LESL now has a Market Capitalization of 537602176 and an Enterprise Value of 1674590848. As of this moment, Leslies’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.28, and their Forward P/E ratio for the next fiscal year is 14.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38. Its current Enterprise Value per Revenue stands at 1.191 whereas that against EBITDA is 13.121.

Stock Price History:

Over the past 52 weeks, LESL has reached a high of $8.21, while it has fallen to a 52-week low of $2.42. The 50-Day Moving Average of the stock is -33.24%, while the 200-Day Moving Average is calculated to be -48.16%.

Shares Statistics:

For the past three months, LESL has traded an average of 5.38M shares per day and 7818150 over the past ten days. A total of 184.33M shares are outstanding, with a floating share count of 176.10M. Insiders hold about 4.68% of the company’s shares, while institutions hold 115.26% stake in the company. Shares short for LESL as of 1721001600 were 28448568 with a Short Ratio of 5.28, compared to 1718323200 on 27696872. Therefore, it implies a Short% of Shares Outstanding of 28448568 and a Short% of Float of 26.35.

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