Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
Leslie’s Inc (LESL) stock has hit a 52-week low, dropping to $1.48, with a market capitalization of $289 million, as the company faces a turbulent market environment. According to InvestingPro analysis, the stock is currently trading below its Fair Value, suggesting potential upside opportunity for value investors. This new low represents a significant decline over the past year, with the stock experiencing a staggering 1-year change of -80.18%. While Leslie’s, a prominent player in the pool and spa services industry, has struggled with profitability, showing negative earnings in the last twelve months, InvestingPro data reveals a healthy current ratio of 1.76 and forecasts improved net income for the coming year. Discover 12 additional key insights about LESL with an InvestingPro subscription, including detailed financial health metrics and expert analysis in the comprehensive Pro Research Report. The 52-week low serves as a critical indicator of the challenges Leslie’s Inc has encountered, with the company generating $96.18 million in EBITDA despite current headwinds. The potential long-term impact on its financial health and investor confidence remains a key focus for market observers.
In other recent news, Leslie’s, the U.S.-based pool and spa care brand, recently experienced a decrease in its stock price target by Telsey Advisory Group from $3.75 to $3.00, following the release of its first-quarter fiscal 2025 results. The company’s adjusted EBITDA fell below expectations, and both its second-quarter and full-year fiscal 2025 guidance did not meet analysts’ estimates. Despite these financial setbacks, Leslie’s reported slight positive comparable store sales in the first quarter, thanks to strategic business initiatives.
These initiatives include enhancing in-stock positions for key products and opening local fulfillment centers, both of which have contributed to better customer conversion rates. However, the company has noted that these strategies will take time to significantly impact sales. Telsey Advisory Group highlighted concerns about continued pressure on demand due to a challenging macroeconomic environment, including high interest rates and significant inflation.
Leslie’s also reported first-quarter fiscal 2025 results that beat revenue expectations but fell short on earnings. The company posted revenue of $175.2 million, up 0.7% year-over-year, but reported an adjusted loss per share of -$0.22, missing analyst expectations. Looking ahead, Leslie’s provided disappointing guidance for both the second quarter and full fiscal year 2025, reflecting higher anticipated costs and expenses related to the company’s ongoing transformation initiatives.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.