Pool (NASDAQ:POOL) Announces Quarterly Earnings Results

Key Points

• Pool Corporation reported quarterly earnings of $3.39 EPS, slightly exceeding the consensus estimate of $3.38, alongside a net margin of 7.79% and a return on equity of 30.99%.
• The company updated its FY 2025 guidance to predict EPS between $10.700 and $11.200.
• Pool announced a quarterly dividend of $1.25 per share, representing a 1.7% dividend yield, with a payout ratio of 46.13%.

Pool (NASDAQ:POOL - Get Free Report) posted its quarterly earnings results on Thursday. The specialty retailer reported $3.39 EPS for the quarter, topping the consensus estimate of $3.38 by $0.01, Zacks reports. Pool had a net margin of 7.79% and a return on equity of 30.99%. Pool's revenue was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.26 EPS. Pool updated its FY 2025 guidance to 10.700-11.200 EPS.

Pool Stock Performance

Pool stock traded up $0.69 during midday trading on Thursday, reaching $298.28. 291,469 shares of the company's stock were exchanged, compared to its average volume of 521,320. Pool has a 52 week low of $282.22 and a 52 week high of $395.60. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.87 and a current ratio of 2.52. The firm has a market cap of $11.13 billion, a price-to-earnings ratio of 27.62, a P/E/G ratio of 4.13 and a beta of 1.11. The stock's 50-day simple moving average is $311.72 and its 200 day simple moving average is $306.38.

Pool Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were issued a $1.25 dividend. The ex-dividend date was Thursday, August 14th. This represents a $5.00 annualized dividend and a dividend yield of 1.7%. Pool's dividend payout ratio (DPR) is presently 46.13%.

Institutional Trading of Pool

A number of institutional investors have recently bought and sold shares of POOL. CYBER HORNET ETFs LLC bought a new position in Pool in the 2nd quarter valued at about $30,000. MUFG Securities EMEA plc purchased a new stake in Pool in the 2nd quarter valued at about $33,000. Geneos Wealth Management Inc. increased its stake in Pool by 164.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 156 shares of the specialty retailer's stock valued at $50,000 after buying an additional 97 shares during the last quarter. Snowden Capital Advisors LLC increased its stake in Pool by 4.8% in the 2nd quarter. Snowden Capital Advisors LLC now owns 1,163 shares of the specialty retailer's stock valued at $339,000 after buying an additional 53 shares during the last quarter. Finally, Hudson Bay Capital Management LP purchased a new stake in Pool in the 2nd quarter valued at about $346,000. Institutional investors own 98.99% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on POOL shares. Robert W. Baird lifted their target price on shares of Pool from $310.00 to $340.00 and gave the stock a "neutral" rating in a report on Friday, July 25th. Wall Street Zen raised shares of Pool from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. William Blair restated a "market perform" rating on shares of Pool in a research note on Wednesday, October 15th. Wells Fargo & Company upped their price target on Pool from $300.00 to $320.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 8th. Finally, Guggenheim initiated coverage on Pool in a report on Wednesday, October 8th. They set a "neutral" rating on the stock. Two analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $342.14.

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.

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