Leslies Inc (NASDAQ:LESL) price on Thursday, January 16, rose 0.45% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.23.
A look at the stock’s price movement, the close in the last trading session was $2.22, moving within a range at $2.14 and $2.24. The beta value (5-Year monthly) was 1.19. Turning to its 52-week performance, $8.21 and $2.02 were the 52-week high and 52-week low respectively. Overall, LESL moved -8.61% over the past month.
Leslies Inc’s market cap currently stands at around $413.01 million, with investors looking forward to this quarter’s earnings report slated for in February.
Analysts have a consensus estimate of 172.76M for the company’s revenue for the quarter, with a low and high estimate of 170M and 174.48M respectively. The average forecast suggests down to a -0.69% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.36B, representing a 2.42% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that LESL is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 4 analyst(s) rate the stock as a Hold, 0 recommend LESL as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
LESL’s current price about 0.84% and -11.57% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 45.58, while 7-day volatility ratio is 5.41% and 6.22% in the 30-day chart. Further, Leslies Inc (LESL) has a beta value of 1.11, and an average true range (ATR) of 0.15. Analysts have given the company’s stock an average 52-week price target of $3.25, forecast between a low of $3 and high of $4. Looking at the price targets, the low is -34.53% off current price level while to achieve the yearly target high, price needs to move -79.37%. Nonetheless, investors will most likely welcome a -45.74% jump to $3.25 which is the analysts’ median price.
If we refocus on Leslies Inc (NASDAQ:LESL), historical trading data shows that trading volumes averaged 4.35 over the past 10 days and 5.53 million over the past 3 months. The company’s latest data on shares outstanding shows there are 184.97 million shares.
The 4.30% of Leslies Inc’s shares are in the hands of company insiders while institutional holders own 107.99% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 22.52 million on 2024-10-31, giving us a short ratio of 4.92. The data shows that as of 2024-10-31 short interest in Leslies Inc (LESL) stood at 2083.0 of shares outstanding, with shares short rising to 22.2 million registered in 2024-09-30. Current price change has pushed the stock 0.00% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LESL stock continues to rise going into the next quarter.
