Pool (NASDAQ:POOL) Releases FY 2025 Earnings Guidance

Pool (NASDAQ:POOL - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 10.700-11.200 for the period, compared to the consensus EPS estimate of 11.044. The company issued revenue guidance of -.

Pool Trading Down 0.4%

POOL traded down $1.44 during trading hours on Friday, reaching $324.90. The company's stock had a trading volume of 755,036 shares, compared to its average volume of 718,168. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.52 and a quick ratio of 0.53. The business's 50-day moving average is $301.20 and its 200-day moving average is $317.89. Pool has a fifty-two week low of $282.22 and a fifty-two week high of $395.60. The stock has a market cap of $12.22 billion, a PE ratio of 29.97, a P/E/G ratio of 4.51 and a beta of 1.10.

Pool (NASDAQ:POOL - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $5.17 earnings per share for the quarter, topping analysts' consensus estimates of $5.12 by $0.05. Pool had a return on equity of 30.99% and a net margin of 7.79%. The business had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.79 billion. During the same quarter in the prior year, the company earned $4.99 earnings per share. The company's revenue was up .9% on a year-over-year basis. As a group, equities research analysts predict that Pool will post 11.32 earnings per share for the current fiscal year.

Pool Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th were issued a dividend of $1.25 per share. This is a positive change from Pool's previous quarterly dividend of $1.20. The ex-dividend date was Thursday, May 15th. This represents a $5.00 annualized dividend and a dividend yield of 1.54%. Pool's dividend payout ratio (DPR) is presently 46.90%.

Pool announced that its Board of Directors has authorized a stock repurchase program on Wednesday, April 30th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the specialty retailer to buy up to 5.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its shares are undervalued.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on POOL shares. Robert W. Baird increased their target price on shares of Pool from $310.00 to $340.00 and gave the stock a "neutral" rating in a research note on Friday. Stephens decreased their target price on shares of Pool from $400.00 to $350.00 and set an "overweight" rating for the company in a research note on Monday, April 28th. Wells Fargo & Company increased their target price on shares of Pool from $300.00 to $320.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 8th. Stifel Nicolaus set a $300.00 price objective on shares of Pool in a research report on Friday, April 25th. Finally, Oppenheimer reduced their price objective on shares of Pool from $370.00 to $322.00 and set an "outperform" rating for the company in a research report on Monday, April 28th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $348.25.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in POOL. Jacobs Levy Equity Management Inc. acquired a new position in shares of Pool during the 1st quarter worth approximately $400,000. Millennium Management LLC raised its position in shares of Pool by 237.9% during the 1st quarter. Millennium Management LLC now owns 17,390 shares of the specialty retailer's stock worth $5,536,000 after purchasing an additional 12,244 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of Pool during the 1st quarter worth approximately $639,000. Geneos Wealth Management Inc. raised its position in shares of Pool by 164.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 156 shares of the specialty retailer's stock worth $50,000 after purchasing an additional 97 shares during the last quarter. Finally, Acadian Asset Management LLC raised its position in shares of Pool by 201.2% during the 1st quarter. Acadian Asset Management LLC now owns 2,012 shares of the specialty retailer's stock worth $639,000 after purchasing an additional 1,344 shares during the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.

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.