BofA analyst Shaun Calnan has significantly reduced the price target for Leslie’s (LESL, Financial) from $1.40 to $0.55, maintaining an Underperform rating on the company's shares. This adjustment is part of a broader revision in forecasts for companies involved in building products under BofA's coverage. The firm projects a reduction of approximately 4% for 2025 and 6% for 2026 in light of anticipated contractions in renovation and remodel spending.
The adjustments also reflect concerns over slower new construction activity and potential impacts from tariffs. As a result, the price targets for companies in this sector have been downgraded by roughly 17% on average. These changes indicate a cautious outlook for the building products industry in the coming years.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Leslies Inc (LESL, Financial) is $2.37 with a high estimate of $3.00 and a low estimate of $1.30. The average target implies an upside of 329.04% from the current price of $0.55. More detailed estimate data can be found on the Leslies Inc (LESL) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, Leslies Inc's (LESL, Financial) average brokerage recommendation is currently 3.1, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Leslies Inc (LESL, Financial) in one year is $6.91, suggesting a upside of 1150.91% from the current price of $0.5524. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Leslies Inc (LESL) Summary page.
