Leslie’s (NASDAQ:LESL) Releases Earnings Results, Misses Expectations By $0.02 EPS

Leslie’s (NASDAQ:LESL) posted its quarterly earnings data on Thursday. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.02), Zacks reports. Leslie’s had a negative return on equity of 6.11% and a negative net margin of 1.76%.

Leslie’s Trading Up 0.9 %

Shares of LESL stock traded up $0.02 during trading hours on Thursday, hitting $2.24. The company’s stock had a trading volume of 6,293,978 shares, compared to its average volume of 5,101,844. The stock has a market cap of $414.87 million, a PE ratio of -18.67 and a beta of 1.10. Leslie’s has a 12-month low of $1.91 and a 12-month high of $8.21. The company has a 50 day moving average of $2.24 and a 200 day moving average of $2.67.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Robert W. Baird cut their price target on shares of Leslie’s from $4.00 to $3.50 and set a “neutral” rating on the stock in a report on Tuesday, November 26th. Telsey Advisory Group restated a “market perform” rating and set a $3.75 target price on shares of Leslie’s in a research note on Thursday, January 30th. Mizuho reduced their target price on Leslie’s from $4.00 to $3.00 and set a “neutral” rating on the stock in a research report on Monday, January 6th. Finally, William Blair reissued a “market perform” rating on shares of Leslie’s in a report on Tuesday, November 26th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, Leslie’s currently has a consensus rating of “Hold” and an average price target of $3.49.

About Leslie’s

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.