Equities Analysts Set Expectations for Leslie's Q3 Earnings

Key Points

• Analysts from Telsey Advisory Group have revised their Q3 2025 earnings forecast for Leslie's (NASDAQ:LESL), lowering it from $0.35 to $0.20 per share.
• Leslie's currently holds a consensus rating of "Hold" with a declining average price target of $1.65 amidst various rating updates from other analysts.
• Shares of Leslie's have seen a recent trading price of $0.41, significantly lower than its 1-year high of $3.63.

Leslie's, Inc. (NASDAQ:LESL - Free Report) - Investment analysts at Telsey Advisory Group lowered their Q3 2025 EPS estimates for shares of Leslie's in a research note issued on Tuesday, July 29th. Telsey Advisory Group analyst D. Telsey now expects that the company will earn $0.20 per share for the quarter, down from their previous forecast of $0.35. Telsey Advisory Group currently has a "Market Perform" rating and a $0.75 target price on the stock. Telsey Advisory Group also issued estimates for Leslie's' FY2025 earnings at ($0.21) EPS, Q2 2026 earnings at ($0.22) EPS, Q3 2026 earnings at $0.23 EPS and FY2026 earnings at ($0.11) EPS.

Other equities analysts have also issued reports about the stock. Stifel Nicolaus upgraded shares of Leslie's from a "sell" rating to a "hold" rating in a report on Friday, April 25th. Loop Capital dropped their price objective on shares of Leslie's from $4.00 to $1.00 and set a "hold" rating on the stock in a research report on Friday, May 9th. Wall Street Zen raised shares of Leslie's to a "sell" rating in a research report on Saturday, July 26th. Finally, Mizuho dropped their target price on shares of Leslie's from $3.00 to $1.00 and set a "neutral" rating on the stock in a research report on Thursday, July 3rd. Two analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $1.65.

Leslie's Price Performance

Shares of LESL stock traded down $0.01 during trading hours on Thursday, hitting $0.36. The company had a trading volume of 2,759,097 shares, compared to its average volume of 4,356,328. The company's fifty day moving average is $0.54 and its 200 day moving average is $0.91. Leslie's has a fifty-two week low of $0.35 and a fifty-two week high of $3.63. The stock has a market capitalization of $66.90 million, a PE ratio of -1.50 and a beta of 1.27.

Institutional Trading of Leslie's

Several hedge funds have recently made changes to their positions in LESL. Mariner LLC acquired a new stake in shares of Leslie's in the 4th quarter worth $25,000. Wealth Enhancement Advisory Services LLC increased its holdings in Leslie's by 106.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 37,279 shares of the company's stock valued at $27,000 after acquiring an additional 19,257 shares in the last quarter. Pallas Capital Advisors LLC increased its holdings in Leslie's by 168.6% during the 2nd quarter. Pallas Capital Advisors LLC now owns 63,888 shares of the company's stock valued at $27,000 after acquiring an additional 40,100 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new position in Leslie's during the 2nd quarter valued at about $28,000. Finally, Ground Swell Capital LLC purchased a new position in Leslie's during the 4th quarter valued at about $32,000.

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.