Reflections On The Past For Investors Today: Leslies Inc (NASDAQ: LESL)

Leslies Inc (NASDAQ:LESL) does about 3.70M shares in volume on a normal day but saw 4717822 shares change hands in Monday’s trading. The company now has a market cap of 980.67M USD. Its current market price is $5.32, marking an increase of 11.66% compared to the previous close of $4.76. The 52 week high reached by this stock is $11.15 whilst the lowest price level in 52 weeks is $3.79.

Leslies Inc (LESL) has a 20-day trading average at $4.48 and the current price is -52.35% off the 52-week high compared with 40.24% distance from its 52-week low. The 50-day simple moving average of the closing price is $5.67 and its 200-day simple moving average is $6.04. If we look at the stock’s price movements over the week, volatility stands at 11.32%, which decreases to 7.59% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 56.19 to suggest the stock is neutral.

The consensus objective for the share price is $6.01, suggesting that the stock has a potential upside of 11.48% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 19, 2024 when Mizuho initiated the stock to “Neutral” and issued a price target of $7. Goldman downgraded its price target at $10-$5.

Leslies Inc (LESL) stock is up 10.96% over the week and 15.80% over the past month. Its price is -23.08% year-to-date and -50.70% over the past year.

To reach the target analysts have set, the stock logically needs to grow 11.48 percent from here.

The company has a return on investment of 1.80%. The price to earnings ratio (P/E ratio) amounts to 66.27 while the forward price to earnings ratio is 13.44. The beta has a value of 1.12. Price to sales ratio is 0.70.