Leslie’s (NASDAQ:LESL) Hits New 1-Year Low at $3.95

Shares of Leslie’s, Inc. (NASDAQ:LESL) hit a new 52-week low on Thursday . The stock traded as low as $3.95 and last traded at $3.98, with a volume of 633237 shares traded. The stock had previously closed at $4.25.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on LESL shares. Loop Capital lifted their price target on shares of Leslie’s from $6.00 to $8.00 and gave the company a “hold” rating in a research note on Tuesday, March 5th. Telsey Advisory Group reissued a “market perform” rating and set a $6.00 target price on shares of Leslie’s in a research note on Friday, February 2nd. William Blair reaffirmed a “market perform” rating on shares of Leslie’s in a research note on Friday, February 2nd. Stifel Nicolaus boosted their price objective on Leslie’s from $5.40 to $6.30 and gave the stock a “hold” rating in a research note on Friday, February 2nd. Finally, Mizuho assumed coverage on Leslie’s in a report on Tuesday, March 19th. They set a “neutral” rating and a $7.00 target price for the company. Ten research analysts have rated the stock with a hold rating, Based on data from MarketBeat, Leslie’s has a consensus rating of “Hold” and a consensus target price of $6.37.

Leslie’s Stock Performance

The stock’s fifty day simple moving average is $6.29 and its 200 day simple moving average is $6.17. The company has a market cap of $736.21 million, a price-to-earnings ratio of 39.90, a P/E/G ratio of 0.66 and a beta of 0.90.

Leslie’s (NASDAQ:LESL) last posted its quarterly earnings results on Thursday, February 1st. The company reported ($0.21) EPS for the quarter, beating the consensus estimate of ($0.22) by $0.01. The firm had revenue of $173.96 million during the quarter, compared to analysts’ expectations of $169.17 million. Leslie’s had a negative return on equity of 15.00% and a net margin of 1.25%. On average, analysts predict that Leslie’s, Inc. will post 0.23 EPS for the current year.

Institutional Investors Weigh In On Leslie’s

Hedge funds and other institutional investors have recently bought and sold shares of the company. Profund Advisors LLC acquired a new position in Leslie’s in the 3rd quarter valued at about $58,000. Pathstone Family Office LLC purchased a new stake in shares of Leslie’s during the 3rd quarter valued at approximately $69,000. Envestnet Portfolio Solutions Inc. acquired a new position in Leslie’s in the third quarter valued at approximately $74,000. RPO LLC acquired a new position in Leslie’s in the fourth quarter valued at approximately $84,000. Finally, Blueshift Asset Management LLC purchased a new position in Leslie’s in the third quarter worth approximately $87,000.

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.