Leslie's (NASDAQ:LESL - Free Report) had its price objective decreased by Mizuho from $3.00 to $1.00 in a research report released on Thursday morning,Benzinga reports. Mizuho currently has a neutral rating on the stock.
A number of other equities analysts have also recently commented on the stock. Telsey Advisory Group dropped their price target on shares of Leslie's from $3.00 to $1.25 and set a "market perform" rating for the company in a research note on Friday, May 9th. Loop Capital decreased their price objective on shares of Leslie's from $4.00 to $1.00 and set a "hold" rating for the company in a research note on Friday, May 9th. Finally, Stifel Nicolaus upgraded Leslie's from a "sell" rating to a "hold" rating in a research report on Friday, April 25th. One research analyst has rated the stock with a sell rating and eleven have issued a hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $2.07.
Read Our Latest Stock Analysis on LESL
Leslie's Stock Performance
Shares of NASDAQ LESL traded down $0.01 during trading hours on Thursday, hitting $0.43. 4,753,860 shares of the company traded hands, compared to its average volume of 5,387,123. The company's 50 day moving average price is $0.67 and its 200 day moving average price is $1.18. Leslie's has a 12 month low of $0.40 and a 12 month high of $4.22.
Institutional Trading of Leslie's
A number of institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in Leslie's during the fourth quarter valued at approximately $1,807,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Leslie's by 13.7% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 461,502 shares of the company's stock worth $1,029,000 after acquiring an additional 55,701 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Leslie's by 3.2% during the fourth quarter. Principal Financial Group Inc. now owns 900,877 shares of the company's stock valued at $2,009,000 after acquiring an additional 27,615 shares in the last quarter. Geode Capital Management LLC boosted its stake in Leslie's by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 4,226,600 shares of the company's stock worth $9,428,000 after purchasing an additional 91,898 shares in the last quarter. Finally, Two Sigma Investments LP grew its position in Leslie's by 297.7% during the 4th quarter. Two Sigma Investments LP now owns 474,875 shares of the company's stock worth $1,059,000 after purchasing an additional 355,474 shares during the last quarter.
About Leslie's
(
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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.
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