Leslie's (NASDAQ:LESL) Shares Up 10%

Leslie's, Inc. (NASDAQ:LESL - Get Free Report)'s stock price was up 10% on Thursday . The stock traded as high as $5.29 and last traded at $5.16. Approximately 831,799 shares traded hands during trading, a decline of 74% from the average daily volume of 3,256,978 shares. The stock had previously closed at $4.69.

Analyst Ratings Changes

LESL has been the topic of a number of research reports. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $6.00 price objective on shares of Leslie's in a report on Thursday. Stifel Nicolaus boosted their price objective on shares of Leslie's from $5.40 to $6.30 and gave the company a "hold" rating in a report on Friday, February 2nd. Mizuho dropped their price target 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. Loop Capital increased their price target on Leslie's from $6.00 to $8.00 and gave the stock a "hold" rating in a research report on Tuesday, March 5th. Finally, William Blair reiterated a "market perform" rating on shares of Leslie's in a research report on Friday, February 2nd. Ten research analysts have rated the stock with a hold rating, According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $6.26.

Leslie's Stock Up 10.7 %

The company has a 50 day simple moving average of $5.81 and a 200 day simple moving average of $6.13. The stock has a market cap of $957.61 million, a price-to-earnings ratio of 52.21, a P/E/G ratio of 0.73 and a beta of 1.06.

Institutional Investors Weigh In On Leslie's

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ariel Investments LLC raised its position in Leslie's by 50.6% during the 3rd quarter. Ariel Investments LLC now owns 24,987,417 shares of the company's stock worth $141,429,000 after purchasing an additional 8,398,488 shares during the last quarter. Vanguard Group Inc. increased its position in Leslie's by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 19,116,849 shares of the company's stock valued at $132,097,000 after purchasing an additional 492,416 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its stake in shares of Leslie's by 55.1% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 17,115,836 shares of the company's stock valued at $96,876,000 after purchasing an additional 6,078,768 shares during the last quarter. Clarkston Capital Partners LLC increased its position in shares of Leslie's by 66.7% during the third quarter. Clarkston Capital Partners LLC now owns 15,862,297 shares of the company's stock worth $89,781,000 after buying an additional 6,346,377 shares during the period. Finally, DAVENPORT & Co LLC raised its stake in Leslie's by 12.4% during the first quarter. DAVENPORT & Co LLC now owns 4,519,246 shares of the company's stock worth $29,375,000 after buying an additional 500,292 shares during the last quarter.

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.