Leslie's, Inc. (LESL) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Leslie's, Inc. Do?
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 offers pool chemicals consisting of chlorine, sanitizers, water balancers, specialty chemicals, and algae control; pool covers, including winter, solar and safety covers, leaf nets, cover reels, and cover alternatives; pool equipment, which comprise pool cleaners, pool pumps, pool filters, pool heating, and lighting; and pools, such as above ground pools, soft side pools, above ground pools liners and equipment, ladders and rails, and diving boards. The company also provides pool maintenance products, including pool closing and opening supplies, filter catridges, chlorine floaters, backwash and vacuum hoses, and cleaning attachments; parts, such as automatic pool cleaner parts, pool filter and pump parts, and pool heater and heat pump parts; and safety, recreational, and fitness-related products. In addition, it provides pool equipment and repair services. The company markets its products through 952 company operated locations in 38 states and e-commerce websites. It serves the residential, professional, and commercial consumers. The company was founded in 1963 and is headquartered in Phoenix, Arizona. Leslie's, Inc. (LESL) is classified as a micro-cap stock in the Consumer Discretionary sector, specifically within the Retail industry. The company is led by CEO Michael R. Egeck and employs approximately 4,200 people. With a market capitalization of $13M, LESL is one of the notable companies in the Consumer Discretionary sector.
Leslie's, Inc. (LESL) Stock Rating — Hold (April 2026)
As of April 2026, Leslie's, Inc. receives a Hold rating with a composite score of 34.0/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.LESL ranks #1,433 out of 4,446 stocks in our coverage universe. Within the Consumer Discretionary sector, Leslie's, Inc. ranks #115 of 442 stocks, placing it in the upper half of its Consumer Discretionary peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
LESL Stock Price and 52-Week Range
Leslie's, Inc. (LESL) currently trades at $1.33. The 52-week high for LESL is $6.97, which means the stock is currently trading -80.9% from its annual peak. The 52-week low is $0.27, putting the stock 396.3% above its annual trough. Recent trading volume was 0 shares, suggesting relatively thin trading activity.
Is LESL Overvalued or Undervalued? — Valuation Analysis
Leslie's, Inc. (LESL) carries a value factor score of 21/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The trailing price-to-earnings ratio is 0.96x, compared to the Consumer Discretionary sector average of 24.47x — a discount of 96%. The price-to-sales ratio is 0.01x, compared to 0.27x for the average Consumer Discretionary stock. On an enterprise value basis, LESL trades at 10.79x EV/EBITDA, versus 4.91x for the sector.
At current multiples, Leslie's, Inc. trades at a premium to most Consumer Discretionary peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
Leslie's, Inc. Profitability — ROE, Margins, and Quality Score
Leslie's, Inc. (LESL) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is -30.9%, compared to the Consumer Discretionary sector average of 6.2%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -8.0% versus the sector average of 2.5%.
On a margin basis, Leslie's, Inc. reports gross margins of 30.7%, compared to 36.9% for the sector. The operating margin is -10.8% (sector: 3.8%). Net profit margin stands at -17.6%, versus 2.1% for the average Consumer Discretionary stock. Revenue growth is running at -22.0% on a trailing basis, compared to 3.3% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
LESL Debt, Balance Sheet, and Financial Health
Leslie's, Inc. has a debt-to-equity ratio of -313.0%, compared to the Consumer Discretionary sector average of 89.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 1.42x, suggesting adequate working capital coverage. Total debt on the balance sheet is $782M. Cash and equivalents stand at $64M.
LESL has a beta of 2.46, meaning it is more volatile than the broader market — a $10,000 investment in LESL would be expected to move 146.4% more than the S&P 500 on any given day. The stability factor score for Leslie's, Inc. is 5/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
Leslie's, Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, Leslie's, Inc. reported revenue of $1.39B and earnings per share (EPS) of $-8.92. Net income for the quarter was $-52M. Gross margin was 30.7%. Operating income came in at $49M.
In Q1 2026, Leslie's, Inc. reported revenue of $147M and earnings per share (EPS) of $-8.92. Net income for the quarter was $-83M. Gross margin was 18.4%. Operating income came in at $-69M.
In FY 2025, Leslie's, Inc. reported revenue of N/A.
In Q3 2025, Leslie's, Inc. reported revenue of $500M and earnings per share (EPS) of $0.12. Net income for the quarter was $22M. Gross margin was 39.6%. Revenue grew -12.2% year-over-year compared to Q3 2024. Operating income came in at $68M.
Over the past 8 quarters, Leslie's, Inc. has demonstrated a growth trajectory, with revenue expanding from $189M to $1.39B. Investors analyzing LESL stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
LESL Dividend Yield and Income Analysis
Leslie's, Inc. (LESL) does not currently pay a dividend. This is common among smaller companies in the Retail industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Consumer Discretionary dividend stocks may want to explore other Consumer Discretionary stocks or use the stock screener to filter by dividend yield.
LESL Momentum and Technical Analysis Profile
Leslie's, Inc. (LESL) has a momentum factor score of 32/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 38/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 35/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
LESL vs Competitors — Consumer Discretionary Sector Ranking and Peer Comparison
Within the Consumer Discretionary sector, Leslie's, Inc. (LESL) ranks #115 out of 442 stocks based on the Blank Capital composite score. This places LESL in the upper half of all Consumer Discretionary stocks in our coverage universe. Key competitors and sector peers include MONARCH CASINO & RESORT INC (MCRI) with a score of 50.5/100, CASEYS GENERAL STORES INC (CASY) with a score of 57.3/100, INGLES MARKETS INC (IMKTA) with a score of 51.0/100, FIVE BELOW, INC (FIVE) with a score of 51.6/100, and TARGET CORP (TGT) with a score of 52.6/100.
Comparing LESL against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full LESL vs S&P 500 (SPY) comparison to assess how Leslie's, Inc. stacks up against the broader market across all factor dimensions.
LESL Next Earnings Date
No upcoming earnings date has been announced for Leslie's, Inc. (LESL) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy LESL? — Investment Thesis Summary
Leslie's, Inc. presents a balanced picture with arguments on both sides. The value score of 21/100 indicates premium valuation. Momentum is weak at 32/100, a headwind for near-term performance. High volatility (stability score 5/100) increases portfolio risk.
In summary, Leslie's, Inc. (LESL) earns a Hold rating with a composite score of 34.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on LESL stock.
Related Resources for LESL Investors
Explore more research and tools: LESL vs S&P 500 comparison, top Consumer Discretionary stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare LESL head-to-head with peers: LESL vs MCRI, LESL vs CASY, LESL vs IMKTA.