Pool Co. (NASDAQ:POOL) Given Consensus Rating of “Hold” by Analysts

Pool Co. (NASDAQ:POOL) has received an average rating of “Hold” from the eight analysts that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $369.25.

A number of brokerages recently commented on POOL. Wells Fargo & Company lifted their price objective on Pool from $330.00 to $370.00 and gave the stock an “equal weight” rating in a research note on Monday, October 7th. Loop Capital upped their price target on Pool from $345.00 to $395.00 and gave the company a “hold” rating in a research note on Friday, October 25th. StockNews.com lowered shares of Pool from a “hold” rating to a “sell” rating in a research note on Sunday. Robert W. Baird upped their target price on shares of Pool from $377.00 to $408.00 and gave the company a “neutral” rating in a research note on Wednesday, October 16th. Finally, Oppenheimer lifted their price target on shares of Pool from $380.00 to $386.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of POOL. Brooklyn Investment Group acquired a new position in Pool during the third quarter worth $31,000. Wilmington Savings Fund Society FSB bought a new stake in Pool during the 3rd quarter worth about $60,000. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Pool by 101.2% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 326 shares of the specialty retailer’s stock worth $123,000 after buying an additional 164 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Pool by 24.8% in the 3rd quarter. GAMMA Investing LLC now owns 402 shares of the specialty retailer’s stock valued at $151,000 after acquiring an additional 80 shares in the last quarter. Finally, Hilltop National Bank increased its position in shares of Pool by 18.1% in the fourth quarter. Hilltop National Bank now owns 412 shares of the specialty retailer’s stock valued at $140,000 after acquiring an additional 63 shares during the last quarter. 98.99% of the stock is owned by institutional investors and hedge funds.

Pool Price Performance

Shares of POOL stock opened at $350.26 on Wednesday. The firm has a market cap of $13.33 billion, a price-to-earnings ratio of 30.14, a PEG ratio of 1.83 and a beta of 1.03. Pool has a 12 month low of $293.51 and a 12 month high of $422.73. The company has a quick ratio of 0.77, a current ratio of 2.39 and a debt-to-equity ratio of 0.61. The stock has a 50-day moving average price of $355.98 and a 200 day moving average price of $354.24.

Pool (NASDAQ:POOL) last posted its quarterly earnings results on Thursday, October 24th. The specialty retailer reported $3.26 earnings per share for the quarter, topping analysts’ consensus estimates of $3.15 by $0.11. Pool had a net margin of 8.42% and a return on equity of 31.89%. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the previous year, the firm posted $3.50 earnings per share. Pool’s revenue for the quarter was down 2.8% compared to the same quarter last year. Research analysts expect that Pool will post 11.03 EPS for the current year.

Pool Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date of this dividend was Wednesday, November 13th. Pool’s dividend payout ratio (DPR) is presently 41.31%.

Pool Company Profile

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.