AI Trading NASDAQ Tue, 02 Jan

Dear Reader,

The featured asset of the day is LESL, the stock of Leslies Inc. According to our AI trading strategy, if you had traded with us between January 26th, 2021 and August 16th, 2023, you could have potentially earned a return of 195.01%. The average trade during this period yielded a 24.38% return and lasted for 37.0 days in the long position. In total, there were 8.0 positions taken over the period. Our trading idea suggests that LESL is a strong buy since December 29th, 2023, with a target buy price of 6.13. This prediction is based on a model with an overall accuracy of 0.68 in predicting upward trends in the following 2 weeks, historically. The analyst consensus price target for LESL is 16.71.

Leslies Inc. (LESL) is a leading direct-to-consumer spa and pool care brand in the United States. The company, headquartered in Phoenix, Arizona, has a strong presence in the retail sector and has been providing its customers with high-quality products and services for over 60 years. With a strong focus on customer satisfaction and innovation, Leslies Inc. has become a household name in the pool and spa care industry.

Company Overview and Markets:

Leslies Inc. operates in the retail sector and is primarily engaged in the sale of pool and spa care products and services. The company offers a wide range of products, including chemicals, equipment, maintenance tools, and accessories. In addition to its brick-and-mortar stores, Leslies Inc. also has a strong online presence, making it convenient for customers to access their products and services.

The company operates over 935 stores across 36 states in the US, providing easy access to its products and services for a large customer base. Leslies Inc. also has an extensive distribution network, allowing it to reach customers in remote areas as well.

Historic Company Performance and Share Price Performance:

Over the years, Leslies Inc. has shown consistent growth and has maintained a strong financial position. In the fiscal year ending September 2022, the company reported a revenue of $1.57 billion, with a gross profit of $673.7 million. The company’s net income for the same period was $143.1 million, with a profit margin of 9.11%.

In terms of share price performance, Leslies Inc. went public in April 2021, with an initial public offering (IPO) price of $17 per share. Since then, the stock has seen some fluctuations, with a 52-week high of $21.91 and a low of $11.43. On December 29, 2023, the stock closed at $6.13, which is significantly lower than its IPO price.

Current Share Price and Analysts’ Target Price:

As of December 29, 2023, Leslies Inc. stock is trading at $6.13, with a market capitalization of $2.47 billion. The company’s trailing price-to-earnings (P/E) ratio stands at 17.51, which is lower than the industry average of 21.77. The company also has a price-to-sales (P/S) ratio of 1.415, which is lower than the industry average of 1.946.

Analysts have a positive outlook for Leslies Inc. stock, with a consensus target price of $16.71, which is significantly higher than the current trading price. This indicates that analysts believe the stock is undervalued and has potential for growth in the future.

Current Company Information:

As of the latest quarter reported on December 31, 2022, Leslies Inc. reported a revenue of $1.57 billion, with a gross profit of $673.7 million. The company’s net income for the same period was $143.1 million, with a profit margin of 9.11%.

Leslies Inc. is well-positioned for growth in the future, with a strong financial position and a loyal customer base. The company’s focus on innovation and customer satisfaction has helped it maintain a leading position in the pool and spa care industry.

In conclusion, Leslies Inc. (LESL) is a reputable and established brand in the pool and spa care industry, with a strong presence in the retail sector. Despite facing some fluctuations in its share price, the company’s financial performance and analysts’ target price suggest that it has potential for growth in the future. Investors looking for a long-term investment opportunity in the retail sector may find Leslies Inc. stock to be a promising option.

Symbol: LESL
AssetType: Common Stock
Name: Leslies Inc
Description: Leslie’s, Inc. is a direct-to-consumer spa and pool care brand in the United States. The company is headquartered in Phoenix, Arizona.
CIK: 1821806
Exchange: NASDAQ
Currency: USD
Country: USA
Sector: TRADE & SERVICES
Industry: RETAIL-RETAIL STORES, NEC
Address: 2005 E. INDIAN SCHOOL ROAD, PHOENIX, AZ, US
FiscalYearEnd: September
LatestQuarter: 2022-12-31
MarketCapitalization: 2476655000
EBITDA: 261772000
PERatio: 17.51
PEGRatio: None
BookValue: -1.229
DividendPerShare: 0
DividendYield: 0
EPS: 0.77
RevenuePerShareTTM: 8.59
ProfitMargin: 0.0911
OperatingMarginTTM: 0.147
ReturnOnAssetsTTM: 0.153
ReturnOnEquityTTM: 0
RevenueTTM: 1572400000
GrossProfitTTM: 673741000
DilutedEPSTTM: 0.77
QuarterlyEarningsGrowthYOY: 0.323
QuarterlyRevenueGrowthYOY: 0.056
AnalystTargetPrice: 16.71
TrailingPE: 17.51
ForwardPE: –
PriceToSalesRatioTTM: 1.415
PriceToBookRatio: –
EVToRevenue: 2.008
EVToEBITDA: 11.65
Beta: 0.792
52WeekHigh: 21.91
52WeekLow: 11.43
50DayMovingAverage: 13.35
200DayMovingAverage: 15.15
SharesOutstanding: 183660000
DividendDate: None
ExDividendDate: None

Date Symbol Prediction Model Accuracy Price Target Analyst Target
2023-12-29 LESL STRONGBUY 0.68 6.13 16.71

More AI Trading NASDAQ Tue, 02 Jan buys

You must be logged in to view this content. Log In No account? Register  for Free.  

AI Trading NASDAQ Tue, 02 Jan sells

You must be logged in to view this content. Log In No account? Register  for Free.  

Back-testing and model summaries

You must be logged in to view this content. Log In No account? Register  for Free.  

Thanks for subscribing and happy investing!

The Third Perspective Team