Pool Corporation (NASDAQ:POOL) Stock Rated "Hold" by Wall Street Brokerages

Key Points

• Wall Street consensus is “Hold”: Of 13 analysts covering Pool, six rate it a hold, five a buy and two a sell. The average 12-month price target is $230.10, although several firms recently lowered their targets.
• Shares have weakened significantly: Pool opened at $160.67, near its one-year low of $158.40 and well below its one-year high of $313.75. Its 50-day and 200-day moving averages stood at $183.20 and $194.80, respectively.
• Recent operating results remained solid: Quarterly EPS of $5.38 exceeded estimates of $5.33, while revenue rose 2.2% year over year to $1.82 billion. The company also pays a quarterly dividend of $1.30 per share, equal to a 3.2% annualized yield.

Shares of Pool Corporation (NASDAQ:POOL - Get Free Report) have been assigned a consensus rating of "Hold" from the thirteen brokerages that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $230.10.

POOL has been the subject of a number of recent research reports. Weiss Ratings reiterated a "sell (d+)" rating on shares of Pool in a research note on Tuesday, August 11th. Wells Fargo & Company reduced their price objective on shares of Pool from $215.00 to $185.00 and set an "equal weight" rating on the stock in a report on Friday, September 11th. Stifel Nicolaus decreased their price objective on shares of Pool from $235.00 to $189.00 and set a "hold" rating for the company in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft set a $185.00 target price on shares of Pool in a research note on Friday, July 24th. Finally, Oppenheimer dropped their target price on Pool from $280.00 to $227.00 and set an "outperform" rating on the stock in a report on Friday, July 24th.

Pool Price Performance

Shares of NASDAQ POOL opened at $160.67 on Friday. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.67 and a quick ratio of 0.91. The company has a market cap of $5.84 billion, a price-to-earnings ratio of 14.78, a price-to-earnings-growth ratio of 2.19 and a beta of 1.05. The stock's 50-day moving average is $183.20 and its two-hundred day moving average is $194.80. Pool has a 1-year low of $158.40 and a 1-year high of $313.75.

Pool (NASDAQ:POOL - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.33 by $0.05. Pool had a return on equity of 32.74% and a net margin of 7.40%.The business had revenue of $1.82 billion during the quarter, compared to analysts' expectations of $1.82 billion. During the same quarter last year, the business posted $5.17 EPS. The business's quarterly revenue was up 2.2% compared to the same quarter last year. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Analysts forecast that Pool will post 10.95 EPS for the current fiscal year.

Pool Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th were given a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Thursday, August 13th. Pool's dividend payout ratio is currently 47.84%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. IFP Advisors Inc lifted its stake in Pool by 117.9% during the second quarter. IFP Advisors Inc now owns 122 shares of the specialty retailer's stock worth $26,000 after purchasing an additional 66 shares during the last quarter. Clearstead Advisors LLC increased its stake in Pool by 100.0% in the fourth quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer's stock valued at $28,000 after purchasing an additional 61 shares during the last quarter. Elevation Wealth Partners LLC increased its stake in Pool by 2,660.0% in the second quarter. Elevation Wealth Partners LLC now owns 138 shares of the specialty retailer's stock valued at $30,000 after purchasing an additional 133 shares during the last quarter. CoreCap Advisors LLC raised its holdings in Pool by 214.3% during the second quarter. CoreCap Advisors LLC now owns 154 shares of the specialty retailer's stock worth $33,000 after purchasing an additional 105 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Pool during the second quarter worth approximately $47,000. Hedge funds and other institutional investors own 98.99% of the company's stock.

About Pool

Pool Corporation NASDAQ: POOL is a distributor of swimming pool supplies, equipment and related products. The company serves professional pool contractors, retailers, builders and service providers, supplying products used to build, renovate, maintain and repair residential and commercial pools.

Its product offerings include pool chemicals, pumps, filters, heaters, cleaners, lighting, replacement parts and safety equipment. Pool also distributes products related to irrigation, landscaping and outdoor living, including patio and recreational products that complement pool installations and backyard projects.

Founded in 1993 and headquartered in Covington, Louisiana, Pool Corporation serves customers through a network of distribution centers and sales locations across North America, Europe and Australia.

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