Guggenheim raised the price target for the Leslie’s Inc. (NASDAQ:LESL) stock from “a Neutral” to “a Buy”. The rating was released on March 09, 2021. The research report from Loop Capital has downgraded the stock from Buy to Hold, with a price target set at $26. The stock was initiated by Loop Capital, who disclosed in a research note on December 04, 2020, to Buy and set the price objective to $26. In their research brief published November 23, 2020, Wolfe Research analysts initiated the Leslie’s Inc. stock to Outperform with a price target of $25.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Leslie’s Inc. (NASDAQ:LESL) raised 1.15% to close Thursday’s market session at $25.52, higher as compared to yesterday’s close. The stock price fluctuated between $24.61 and $26.07 throughout the trading session with the volume trading being 3337456 shares, which represented a significant variation when compared to the three months average volume of 2.11 million shares. The firm’s stock price fluctuated -7.17% within the last five trades and -14.99% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 0.39% in the last 6 months and 2.99% was added to its value over the previous 3 months. LESL stock is trading at a margin of -4.95%, -8.53% and 0.19% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, LESL deals in the Consumer Cyclical domain. The stock is trading -22.29 percent below its 52-week high and 33.26 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 12.91. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Leslie’s Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $4.90 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 30.67. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 4.08 that mirrors the cost to be found for sales by the market.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 2.60 percent of Leslie’s Inc. shares are owned by insiders, and 90.85 percent are held by financial institutions. Bubbles Investor Aggregator, L, the 10% Owner at Leslie’s Inc. (LESL) has sold 799,669 shares of firm on Jun 29 at a price of $26.81 against the total amount of $21.44 million. In another inside trade, Ortega Steven L, Director of Leslie’s Inc. (NASDAQ:LESL) sold 8,251 shares of the firm on Jun 29 for a total worth of $0.22 million at a price of $26.81. An inside trade which took place on Jun 29, Director of Leslie’s Inc. Ortega Steven L sold 33,410 shares of firm against total price of $0.9 million at the cost of $26.81 per share.