Weekly Analysts’ Ratings Updates for Leslie’s (LESL)

Leslie’s (NASDAQ: LESL) recently received a number of ratings updates from brokerages and research firms:

• 2/18/2025 – Leslie’s was downgraded by analysts at Bank of America Co. from a “buy” rating to an “underperform” rating. They now have a $1.40 price target on the stock, down previously from $2.65.
• 2/11/2025 – Leslie’s had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $4.00 to $3.00. They now have a “neutral” rating on the stock.
• 2/7/2025 – Leslie’s had its price target lowered by analysts at Stifel Nicolaus from $1.90 to $1.55. They now have a “sell” rating on the stock.
• 2/7/2025 – Leslie’s had its “neutral” rating reaffirmed by analysts at Guggenheim.
• 2/7/2025 – Leslie’s had its price target lowered by analysts at Telsey Advisory Group from $3.75 to $3.00. They now have a “market perform” rating on the stock.
• 1/30/2025 – Leslie’s had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $3.75 price target on the stock.
• 1/6/2025 – Leslie’s had its price target lowered by analysts at Mizuho from $4.00 to $3.00. They now have a “neutral” rating on the stock.

Leslie’s Trading Down 0.7 %

LESL traded down $0.01 during midday trading on Wednesday, hitting $1.45. The company’s stock had a trading volume of 116,630 shares, compared to its average volume of 6,008,515. The firm has a market cap of $267.66 million, a P/E ratio of -9.63 and a beta of 1.10. The firm has a 50-day moving average price of $2.10 and a two-hundred day moving average price of $2.59. Leslie’s, Inc. has a 52-week low of $1.40 and a 52-week high of $8.05.

Leslie’s (NASDAQ:LESL) last posted its quarterly earnings results on Thursday, February 6th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.02). Leslie’s had a negative net margin of 2.13% and a negative return on equity of 6.11%.

Hedge Funds Weigh In On Leslie’s

Several hedge funds and other institutional investors have recently bought and sold shares of LESL. Creative Planning acquired a new position in Leslie’s during the 3rd quarter worth approximately $77,000. Blue Trust Inc. raised its position in shares of Leslie’s by 1,089.6% in the 3rd quarter. Blue Trust Inc. now owns 11,075 shares of the company’s stock valued at $35,000 after purchasing an additional 10,144 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Leslie’s by 13.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,877,390 shares of the company’s stock valued at $9,093,000 after purchasing an additional 345,064 shares in the last quarter. Jade Capital Advisors LLC raised its position in shares of Leslie’s by 5.8% in the 3rd quarter. Jade Capital Advisors LLC now owns 362,600 shares of the company’s stock valued at $1,146,000 after purchasing an additional 20,000 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in shares of Leslie’s in the 3rd quarter valued at approximately $32,000.

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.