While Leslies Inc has underperformed by -0.43%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LESL fell by -66.32%, with highs and lows ranging from $8.21 to $2.02, whereas the simple moving average fell by -36.54% in the last 200 days.
On November 26, 2024, Telsey Advisory Group Reiterated Leslies Inc (NASDAQ: LESL) to Market Perform. A report published by Telsey Advisory Group on July 18, 2024, Reiterated its previous ‘Market Perform’ rating for LESL. Stifel also Downgraded LESL shares as ‘Sell’, setting a target price of $2.50 on the company’s shares in a report dated July 18, 2024. Mizuho Initiated an Neutral rating on March 19, 2024, and assigned a price target of $7. Telsey Advisory Group resumed its ‘Market Perform’ rating for LESL, as published in its report on November 29, 2023. Goldman’s report from November 29, 2023 suggests a price prediction of $5 for LESL shares, giving the stock a ‘Neutral’ rating. Loop Capital also rated the stock as ‘Hold’.
Analysis of Leslies Inc (LESL)
Further, the quarter-over-quarter decrease in sales is -7.98%, showing a negative trend in the upcoming months.
Leslies Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. Taking into account the quick ratio of the company, currently set at 0.76, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and LESL has an average volume of 5.55M. On a monthly basis, the volatility of the stock is set at 7.12%, whereas on a weekly basis, it is put at 5.50%, with a gain of 2.69% over the past seven days. Furthermore, long-term investors anticipate a median target price of $3.15, showing growth from the present price of $2.29, which can serve as yet another indication of whether LESL is worth investing in or should be passed over.
How Do You Analyze Leslies Inc Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 4.30%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 105.66% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
LESL shares are owned by institutional investors to the tune of 105.66% at present.
