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Why is Leslies (LESL) stock falling?

Leslies ( LESL) stock is dropping alongside preliminary third-quarter earnings. The company missed both EPS and revenue estimates. Leslies also lowered its outlook for the full year of 2023. Leslies (NASDAQ: LESL) stock is falling on Friday after the company released its preliminary earnings report for the third quarter of 2023.

Should investors hold LESL shares?

The consensus among Wall Street equities research analysts is that investors should "hold" LESL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LESL, but not buy additional shares or sell existing shares. View LESL analyst ratings or view top-rated stocks.

Is Leslie's Inc a good investment?

LESLIE'S INC has an Investment Rating of HOLD; a target price of $7.000000; an Industry Subrating of High; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium. Is this the Best Time to Invest in Leslie’s (LESL)?

How much did Leslie's IPO cost?

(LESL) raised $600 million in an initial public offering (IPO) on Thursday, October 29th 2020. The company issued 40,000,000 shares at a price of $14.00-$16.00 per share. Goldman Sachs, Morgan Stanley and BofA Securities served as the underwriters for the IPO. What is Leslie's' stock symbol?

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