Leslie’s (NASDAQ:LESL) Stock Price Up 10%

Shares of Leslie’s, Inc. (NASDAQ:LESL) traded up 10% during trading on Thursday . The stock traded as high as $5.29 and last traded at $5.16. 831,799 shares were traded during trading, a decline of 74% from the average session volume of 3,256,978 shares. The stock had previously closed at $4.69.

Wall Street Analyst Weigh In

Several brokerages have commented on LESL. Stifel Nicolaus increased their target price on Leslie’s from $5.40 to $6.30 and gave the company a “hold” rating in a research note on Friday, February 2nd. Loop Capital upped their price objective on Leslie’s from $6.00 to $8.00 and gave the company a “hold” rating in a research report on Tuesday, March 5th. William Blair restated a “market perform” rating on shares of Leslie’s in a research note on Friday, February 2nd. Mizuho cut their target price on shares of Leslie’s from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Thursday. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $6.00 price objective on shares of Leslie’s in a research report on Thursday. Ten research analysts have rated the stock with a hold rating, According to data from MarketBeat, Leslie’s has an average rating of “Hold” and a consensus price target of $6.26.

Leslie’s Trading Up 16.6 %

The business has a 50-day moving average price of $5.81 and a 200 day moving average price of $6.13. The stock has a market capitalization of $1.01 billion, a P/E ratio of 52.21, a P/E/G ratio of 0.73 and a beta of 1.06.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Blueshift Asset Management LLC lifted its position in shares of Leslie’s by 9.0% during the fourth quarter. Blueshift Asset Management LLC now owns 16,787 shares of the company’s stock worth $116,000 after purchasing an additional 1,385 shares during the last quarter. ProShare Advisors LLC raised its holdings in shares of Leslie’s by 7.4% in the first quarter. ProShare Advisors LLC now owns 35,967 shares of the company’s stock valued at $234,000 after acquiring an additional 2,473 shares in the last quarter. Texas Permanent School Fund Corp lifted its stake in Leslie’s by 1.7% in the first quarter. Texas Permanent School Fund Corp now owns 160,928 shares of the company’s stock worth $1,046,000 after acquiring an additional 2,710 shares during the period. Wealth Alliance lifted its position in shares of Leslie’s by 17.4% in the 4th quarter. Wealth Alliance now owns 20,393 shares of the company’s stock worth $141,000 after purchasing an additional 3,023 shares during the period. Finally, Mutual of America Capital Management LLC lifted its holdings in Leslie’s by 10.9% during the third quarter. Mutual of America Capital Management LLC now owns 32,248 shares of the company’s stock worth $183,000 after buying an additional 3,163 shares during the period.

Leslie’s Company Profile

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.