Telsey Advisory Group Expects Higher Earnings for Leslie’s

Leslie’s, Inc. (NASDAQ:LESL) – Telsey Advisory Group increased their FY2025 EPS estimates for shares of Leslie’s in a note issued to investors on Tuesday, September 30th. Telsey Advisory Group analyst D. Telsey now expects that the company will earn ($4.76) per share for the year, up from their prior estimate of ($5.00). Telsey Advisory Group currently has a “Market Perform” rating and a $7.00 target price on the stock. Telsey Advisory Group also issued estimates for Leslie’s’ Q4 2025 earnings at $1.10 EPS, Q1 2026 earnings at ($4.04) EPS, Q2 2026 earnings at ($4.44) EPS, Q3 2026 earnings at $5.48 EPS, Q4 2026 earnings at $1.30 EPS and FY2026 earnings at ($1.91) EPS.

Several other equities research analysts also recently issued reports on LESL. Wall Street Zen raised Leslie’s to a “sell” rating in a report on Saturday, July 26th. Morgan Stanley set a $7.00 target price on shares of Leslie’s in a research note on Tuesday. Finally, Mizuho decreased their price target on shares of Leslie’s from $60.00 to $20.00 and set a “neutral” rating on the stock in a research note on Thursday, July 3rd. Nine research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $29.13.

Leslie’s Stock Down 8.2%

LESL opened at $5.57 on Friday. Leslie’s has a 12-month low of $5.36 and a 12-month high of $72.60. The business has a 50 day moving average of $6.64 and a 200-day moving average of $10.61. The stock has a market cap of $51.69 million, a price-to-earnings ratio of -0.62 and a beta of 1.24.

Institutional Trading of Leslie’s

A number of institutional investors have recently bought and sold shares of LESL. Engineers Gate Manager LP increased its holdings in shares of Leslie’s by 309.7% during the second quarter. Engineers Gate Manager LP now owns 61,474 shares of the company’s stock worth $26,000 after purchasing an additional 46,468 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in Leslie’s by 106.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 37,279 shares of the company’s stock worth $27,000 after buying an additional 19,257 shares in the last quarter. Pallas Capital Advisors LLC increased its stake in Leslie’s by 168.6% during the 2nd quarter. Pallas Capital Advisors LLC now owns 63,888 shares of the company’s stock worth $27,000 after acquiring an additional 40,100 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in Leslie’s in the 2nd quarter valued at $28,000. Finally, Performa Ltd US LLC lifted its position in shares of Leslie’s by 785.7% during the 1st quarter. Performa Ltd US LLC now owns 46,500 shares of the company’s stock valued at $34,000 after acquiring an additional 41,250 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.