Shares of Pool Co. (NASDAQ:POOL – Get Free Report) have been given a consensus recommendation of “Hold” by the nine research firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $350.00.
POOL has been the topic of several research analyst reports. Stephens decreased their target price on shares of Pool from $425.00 to $350.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 25th. StockNews.com cut shares of Pool from a “hold” rating to a “sell” rating in a research note on Wednesday, August 7th. Oppenheimer upped their price objective on Pool from $356.00 to $380.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. Stifel Nicolaus boosted their price objective on shares of Pool from $310.00 to $335.00 and gave the company a “hold” rating in a research report on Friday, August 30th. Finally, Bank of America lowered their price objective on Pool from $338.00 to $290.00 and set an “underperform” rating for the company in a research report on Tuesday, June 25th.
Institutional Trading of Pool
Pool Trading Up 2.8 %
NASDAQ POOL opened at $356.02 on Thursday. Pool has a 52 week low of $293.51 and a 52 week high of $422.73. The company has a quick ratio of 0.88, a current ratio of 2.48 and a debt-to-equity ratio of 0.75. The stock has a market capitalization of $13.62 billion, a PE ratio of 27.86, a price-to-earnings-growth ratio of 2.54 and a beta of 1.00. The firm has a 50 day moving average of $344.41 and a two-hundred day moving average of $360.88.
Pool (NASDAQ:POOL – Get Free Report) last announced its earnings results on Thursday, July 25th. The specialty retailer reported $4.99 EPS for the quarter, beating analysts’ consensus estimates of $4.90 by $0.09. The business had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.74 billion. Pool had a net margin of 8.58% and a return on equity of 32.85%. The business’s revenue was down 4.7% compared to the same quarter last year. During the same period in the prior year, the company earned $5.89 earnings per share. As a group, research analysts expect that Pool will post 10.99 EPS for the current fiscal year.
Pool Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Thursday, August 15th were paid a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.35%. The ex-dividend date of this dividend was Thursday, August 15th. Pool’s dividend payout ratio (DPR) is 37.56%.
About Pool
Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally. The company offers maintenance products, including chemicals, supplies, and pool accessories; repair and replacement parts for pool equipment, such as cleaners, filters, heaters, pumps, and lights; and building materials, such as concrete, plumbing and electrical components, functional and decorative pool surfaces, decking materials, tiles, hardscapes, and natural stones for pool installations and remodeling.
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