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

Pool Co. (NASDAQ:POOL) has been assigned a consensus rating of “Hold” from the six research firms that are currently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $401.50.

Several analysts have commented on POOL shares. Loop Capital lowered shares of Pool from a “buy” rating to a “hold” rating and raised their price objective for the stock from $380.00 to $415.00 in a report on Monday, January 8th. Stifel Nicolaus restated a “hold” rating and issued a $370.00 price objective on shares of Pool in a report on Tuesday, March 5th. TheStreet downgraded shares of Pool from a “b” rating to a “c+” rating in a research note on Thursday, February 22nd. Finally, Oppenheimer raised their target price on shares of Pool from $407.00 to $436.00 and gave the company an “outperform” rating in a research note on Thursday, March 28th.

Insider Buying and Selling at Pool

In related news, General Counsel Jennifer M. Neil sold 1,100 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $401.00, for a total transaction of $441,100.00. Following the completion of the sale, the general counsel now owns 8,622 shares of the company’s stock, valued at $3,457,422. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Pool

Several institutional investors and hedge funds have recently made changes to their positions in the company. LM Advisors LLC bought a new stake in Pool in the 4th quarter worth approximately $26,000. Turtle Creek Wealth Advisors LLC bought a new stake in Pool in the 4th quarter worth approximately $28,000. Clear Street Markets LLC grew its position in Pool by 94.9% in the 1st quarter. Clear Street Markets LLC now owns 76 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 37 shares during the period. Stuart Chaussee & Associates Inc. grew its position in Pool by 250.0% in the 4th quarter. Stuart Chaussee & Associates Inc. now owns 77 shares of the specialty retailer’s stock worth $31,000 after purchasing an additional 55 shares during the period. Finally, CVA Family Office LLC bought a new stake in Pool in the 4th quarter worth approximately $34,000. Institutional investors own 98.99% of the company’s stock.

Pool Stock Performance

Shares of POOL opened at $361.13 on Monday. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.36 and a quick ratio of 0.58. Pool has a one year low of $307.77 and a one year high of $422.73. The company has a 50-day simple moving average of $394.15 and a two-hundred day simple moving average of $372.57. The firm has a market capitalization of $13.90 billion, a PE ratio of 27.11, a price-to-earnings-growth ratio of 3.38 and a beta of 1.00.

Pool (NASDAQ:POOL) last issued its quarterly earnings data on Thursday, February 22nd. The specialty retailer reported $1.30 EPS for the quarter, topping the consensus estimate of $1.28 by $0.02. Pool had a net margin of 9.44% and a return on equity of 37.94%. The business had revenue of $1 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same period last year, the business posted $1.79 earnings per share. Pool’s quarterly revenue was down 8.5% compared to the same quarter last year. On average, analysts anticipate that Pool will post 13.3 EPS for the current fiscal year.

Pool Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 14th were paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend was Wednesday, March 13th. Pool’s dividend payout ratio is 33.03%.

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.