Analysts Set Pool Corporation (NASDAQ:POOL) Target Price at $342.14

Key Points

• Pool Corporation has received an average rating of "Hold" from seven brokerages, with five recommending a hold and two a buy, alongside a 12-month price target of approximately $342.14.
• The company's most recent earnings report indicated a slight earnings per share (EPS) of $5.17, surpassing analyst expectations, while revenue of $1.78 billion was slightly below estimates.
• Pool Corporation declared a quarterly dividend of $1.25, leading to an annualized dividend yield of 1.6%, with institutional investors holding nearly 99% of the company's stock.

Shares of Pool Corporation (NASDAQ:POOL - Get Free Report) have earned an average recommendation of "Hold" from the seven brokerages that are covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $342.1429.

A number of equities research analysts have recently issued reports on the company. Wall Street Zen upgraded Pool from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. Wells Fargo & Company increased their price objective on Pool from $300.00 to $320.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 8th. Oppenheimer increased their target price on Pool from $322.00 to $346.00 and gave the stock an "outperform" rating in a report on Tuesday, July 29th. Finally, Robert W. Baird upped their price target on shares of Pool from $310.00 to $340.00 and gave the stock a "neutral" rating in a report on Friday, July 25th.

Pool Stock Down 1.7%

NASDAQ:POOL traded down $5.29 during trading hours on Monday, reaching $312.63. 497,433 shares of the stock were exchanged, compared to its average volume of 518,686. The firm has a 50 day moving average of $315.57 and a 200 day moving average of $309.81. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.52 and a quick ratio of 0.87. Pool has a twelve month low of $282.22 and a twelve month high of $395.60. The stock has a market cap of $11.67 billion, a PE ratio of 28.84, a PEG ratio of 4.41 and a beta of 1.08.

Pool (NASDAQ:POOL - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $5.17 earnings per share for the quarter, beating the consensus estimate of $5.12 by $0.05. Pool had a return on equity of 30.99% and a net margin of 7.79%.The company had revenue of $1.78 billion during the quarter, compared to analysts' expectations of $1.79 billion. During the same quarter last year, the company earned $4.99 EPS. Pool's revenue for the quarter was up .9% compared to the same quarter last year. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. On average, equities analysts expect that Pool will post 11.32 earnings per share for the current year.

Pool Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Thursday, August 14th were given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 1.6%. The ex-dividend date was Thursday, August 14th. Pool's payout ratio is currently 46.13%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in POOL. Amalgamated Bank boosted its stake in Pool by 3.1% in the first quarter. Amalgamated Bank now owns 8,076 shares of the specialty retailer's stock valued at $2,571,000 after buying an additional 246 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in Pool by 12.7% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,954 shares of the specialty retailer's stock worth $1,560,000 after purchasing an additional 559 shares in the last quarter. MFG Wealth Management Inc. bought a new position in Pool in the 1st quarter valued at approximately $921,000. Virtu Financial LLC acquired a new stake in Pool in the first quarter valued at approximately $1,084,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Pool by 17.3% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 70,755 shares of the specialty retailer's stock valued at $22,525,000 after buying an additional 10,421 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors and hedge funds.

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.