Pool - POOL Stock Forecast, Price & News

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; fiberglass pools, and hot tubs and packaged pool kits comprising walls, liners, braces, and coping for in-ground and above-ground pools; pool equipment and components for new pool construction and the remodeling of existing pools; and irrigation and related products consisting of irrigation system components, and professional lawn care equipment and supplies. It also provides 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; and commercial products, including heaters, safety equipment, and commercial pumps and filters. In addition, the company offers other pool construction and recreational products comprising discretionary recreational and related outdoor living products, such as grills and components for outdoor kitchens. It serves swimming pool remodelers and builders; specialty retailers that sell swimming pool supplies; swimming pool repair and service businesses; irrigation construction and landscape maintenance contractors; and commercial customers that serve hotels, universities, and community recreational facilities. As of March 03, 2022, the company operated 410 sales centers in North America, Europe, and Australia. Pool Corporation was incorporated in 1993 and is headquartered in Covington, Louisiana.

Pool Trading Up 0.0 %

NASDAQ:POOL opened at $388.84 on Tuesday. The firm's 50-day moving average is $366.08 and its two-hundred day moving average is $408.87. Pool has a 12 month low of $324.14 and a 12 month high of $582.27. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.77 and a quick ratio of 1.00. The stock has a market capitalization of $15.39 billion, a P/E ratio of 20.22, a PEG ratio of 2.12 and a beta of 0.88.

Pool (NASDAQ:POOL - Get Rating) last posted its earnings results on Thursday, July 21st. The specialty retailer reported $7.59 EPS for the quarter, beating analysts' consensus estimates of $7.40 by $0.19. Pool had a net margin of 13.17% and a return on equity of 68.34%. The company had revenue of $2.06 billion for the quarter, compared to analysts' expectations of $2.13 billion. During the same quarter in the prior year, the company posted $6.37 earnings per share. Pool's revenue for the quarter was up 15.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Pool will post 18.37 earnings per share for the current year.

Pool Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 25th. Shareholders of record on Thursday, August 11th will be given a $1.00 dividend. The ex-dividend date is Wednesday, August 10th. This represents a $4.00 dividend on an annualized basis and a yield of 1.03%. Pool's payout ratio is currently 20.80%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on POOL. KeyCorp lowered their target price on shares of Pool from $570.00 to $465.00 and set an "overweight" rating on the stock in a research note on Thursday, July 28th. The Goldman Sachs Group lowered their target price on shares of Pool from $560.00 to $450.00 and set a "buy" rating on the stock in a research note on Thursday, June 23rd. Jefferies Financial Group lowered their target price on shares of Pool from $485.00 to $400.00 in a research note on Tuesday, June 14th. Robert W. Baird cut shares of Pool from an "outperform" rating to a "neutral" rating and set a $398.00 target price on the stock. in a research note on Thursday, July 14th. Finally, Longbow Research raised shares of Pool from a "neutral" rating to a "buy" rating and set a $550.00 target price on the stock in a research note on Tuesday, April 19th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $448.56.

Insider Buying and Selling at Pool

In other Pool news, CEO Peter D. Arvan purchased 500 shares of the business's stock in a transaction on Wednesday, May 18th. The shares were bought at an average cost of $387.08 per share, for a total transaction of $193,540.00. Following the completion of the purchase, the chief executive officer now directly owns 61,825 shares of the company's stock, valued at $23,931,221. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.00% of the stock is currently owned by corporate insiders.