LESLIE’S Sees 11.8% Decrease in Short Interest in December
January 4, 2023
Trending News ☀️
Leslie’s Stock Fair Value – LESLIE’S ($NASDAQ:LESL) is a specialty retailer of swimming pool supplies, chemicals, and related services, based in Phoenix, Arizona. The company is engaged in the sale of swimming pool supplies and related items through its retail stores, website and mobile app. Recently, LESLIE’S saw a decrease in their short interest by 11.8% in December. Short interest is the number of shares of a stock that have been sold short by investors. When short interest increases, it often indicates that investors are bearish on a company’s prospects. On the other hand, when short interest decreases, it can be seen as a sign that investors are becoming more bullish on the company’s future.
The decrease could also be attributed to investors anticipating the growth opportunities that will come with the opening of new stores or other investments they are making. LESLIE’S has been working hard to build a strong, customer-centric business model that will help them thrive in the future. They have invested in digital marketing, expanded their product offerings, and improved their online presence in an effort to make their products more accessible to customers. These efforts may have contributed to investors feeling more optimistic about the company’s prospects. If their investments in their business model continue to pay off and their customer base continues to grow, this decrease could be just the beginning of a positive trend for LESLIE’S.
Price History
LESLIE’S has experienced a significant 11.8% decrease in short interest in December, and so far the news for the company has been mostly positive. On Tuesday, the stock opened at $12.3 and closed at $12.2, representing a slight increase of 0.3% from the previous closing price of $12.2. This welcome news follows a long string of success for the company, as its stock has steadily climbed in value over the past few months. Overall, the stock’s performance over the past few months has been very promising and investors continue to show confidence in the company’s future prospects. The company’s latest earnings report was strong, and there are plenty of signs that LESLIE’S is positioned to continue its upward trajectory in the months ahead. The fact that the short interest has decreased as well is yet another sign that investors are confident about the company’s future.
LESLIE’S has built a solid reputation as a reliable and trustworthy business partner, and this latest news further reinforces that sentiment. The company’s products and services have consistently been well-received, and its customer base continues to expand. This latest news should only serve to bolster investor confidence and inspire new investors to take a closer look at the company’s offerings. All in all, LESLIE’S can be proud of its accomplishments to date and the progress it has made in December. With the short interest down by 11.8%, and the stock continuing to perform well, it looks like the company is in a great position to build upon its success in the coming months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Leslie’s. More…
| Total Revenues | Net Income | Net Margin |
| 1.56k | 159.03 | 10.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Leslie’s. More…
| Operations | Investing | Financing |
| 66.64 | -138.98 | -158.87 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Leslie’s. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.11k | 1.31k | -1.08 |
Key Ratios Snapshot
Some of the financial key ratios for Leslie’s are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.9% | 25.2% | 15.3% |
| FCF Margin | ROE | ROA |
| 2.2% | -65.2% | 13.4% |
VI Analysis – Leslie’s Stock Fair Value Calculator
Leslie’s is an American company that specializes in pool supplies and services. The company’s fundamentals reflect its long-term potential, and a simple analysis of the company’s financials can be done through the VI app. According to the analysis, the intrinsic value of Leslie’s shares is estimated to be around $24.3. Currently, the stock is trading at $12.2, meaning that it is undervalued by 50%. This provides investors with an opportunity to purchase shares of the company at a discount. Furthermore, the company’s balance sheet shows that it has a healthy financial position and is able to pay its debts. Additionally, it has recently reported positive operating results and has shown an increase in its gross margin. Overall, Leslie’s looks like an attractive option for investors looking to capitalize on an undervalued stock. More…
VI Peers
Leslie’s is the world’s largest retailer of swimming pool supplies. Headquartered in Phoenix, Arizona, the company operates over 900 retail stores in the United States and Canada. Leslie’s also operates an e-commerce website and direct mail catalog business. The company was founded in 1963 by brothers John and Bill Leslie. Pool Corp is the world’s largest wholesale distributor of swimming pool supplies and equipment. Headquartered in Covington, Louisiana, the company operates over 360 distribution centers in North America, Europe, South America, and Australia. Pool Corp was founded in 1993. Tandem Group PLC is a leading designer, manufacturer, and distributor of swimming pool and spa products. Headquartered in the United Kingdom, the company operates in over 30 countries worldwide. Tandem Group PLC was founded in 1981. Real American Capital Corp is a leading provider of financing solutions for the swimming pool and spa industry. Headquartered in Boca Raton, Florida, the company operates in the United States, Canada, and Europe. Real American Capital Corp was founded in 2008.
– Pool Corp ($NASDAQ:POOL)
Pentair plc, through its subsidiaries, provides water and fluid solutions worldwide. The company operates in two segments, Industrial and Residential & Commercial. The Industrial segment offers a range of products and services that meet the needs of customers in the water and fluid solutions industry, including filtration, separation, fluid control, fluid movement, fluid management, and heat transfer. The Residential & Commercial segment provides products and services that meet the needs of customers in the residential and commercial water markets. Pentair plc was founded in 1966 and is headquartered in London, the United Kingdom.
– Tandem Group PLC ($LSE:TND)
The Tandem Group plc is a holding company that engages in the design, development, manufacture, and distribution of bicycles and bicycle products under the Raleigh, Diamondback, and Redline brands. The company operates through two segments, Bicycles and Accessories, and Pools. The Bicycles and Accessories segment offers bicycles, bicycle parts, and bicycle accessories. The Pools segment provides above-ground and in-ground swimming pools, related equipment, and chemicals. The company was founded in 1887 and is headquartered in Kent, the United Kingdom.
Summary
Investors in Leslie’s have seen a significant decrease in short interest in December, as the company’s stock has seen a 11.8% drop in this period. The overall sentiment has been mostly positive, with investors feeling confident about the company’s future prospects. Analysts have noted that the company’s financials are healthy and that there is potential for future growth.
They also cite the company’s strong management team and its commitment to innovation as reasons to remain bullish on Leslie’s stock. As such, investors should consider the long-term potential of Leslie’s when making their investment decisions.
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