Jefferies Keeps Their Buy Rating on Leslie’s (LESL)

Jefferies analyst Jonathan Matuszewski maintained a Buy rating on Leslie’s (LESLResearch Report) on August 5 and set a price target of $25.00. The company’s shares closed last Friday at $15.20.

Matuszewski covers the Consumer Goods sector, focusing on stocks such as RH, Best Buy Co, and Floor & Decor Holdings. According to TipRanks, Matuszewski has an average return of 4.6% and a 41.58% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Leslie’s with a $20.13 average price target, representing a 32.43% upside. In a report released today, Robert W. Baird also maintained a Buy rating on the stock with a $18.00 price target.

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Based on Leslie’s’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $228.07 million and a GAAP net loss of $7.44 million. In comparison, last year the company earned revenue of $192.44 million and had a GAAP net loss of $6.45 million

Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LESL in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Leslies Inc is a direct-to-consumer pool and spa care brand offering a comprehensive assortment of more than 30,000 products across chemicals, equipment and parts, cleaning and maintenance equipment, and safety, recreational, and fitness related products. The company offers its products and services for Residential Pool, Residential Spa, Professional Pool, and Commercial Pool consumers.

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