Pool Corporation (NASDAQ:POOL) Receives $342.14 Consensus PT from Analysts

Pool Corporation (NASDAQ:POOL) has earned a consensus rating of “Hold” from the eleven research firms that are currently covering the company, MarketBeat.com reports. Nine investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $342.1429.

A number of analysts have recently commented on POOL shares. Guggenheim initiated coverage on shares of Pool in a research report on Wednesday, October 8th. They issued a “neutral” rating on the stock. Robert W. Baird boosted 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. Weiss Ratings restated a “hold (c-)” rating on shares of Pool in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Pool from a “sell” rating to a “hold” rating in a report on Saturday, July 26th. Finally, William Blair restated a “market perform” rating on shares of Pool in a report on Wednesday.

Pool Stock Performance

Shares of POOL stock opened at $290.21 on Friday. The company’s fifty day simple moving average is $312.84 and its 200-day simple moving average is $306.62. The company has a quick ratio of 0.87, a current ratio of 2.52 and a debt-to-equity ratio of 0.93. The firm has a market cap of $10.83 billion, a PE ratio of 26.77, a P/E/G ratio of 3.96 and a beta of 1.11. Pool has a 12 month low of $282.22 and a 12 month high of $395.60.

Pool (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $5.17 EPS for the quarter, topping analysts’ consensus estimates of $5.12 by $0.05. The business had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.79 billion. Pool had a net margin of 7.79% and a return on equity of 30.99%. The firm’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.99 earnings per share. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. Equities research analysts expect that Pool will post 11.32 EPS for the current fiscal year.

Pool Announces Dividend

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

Hedge Funds Weigh In On Pool

Institutional investors and hedge funds have recently modified their holdings of the stock. Clearstead Trust LLC acquired a new position in shares of Pool in the second quarter valued at $25,000. CYBER HORNET ETFs LLC bought a new stake in shares of Pool in the second quarter valued at about $30,000. Chilton Capital Management LLC bought a new stake in shares of Pool in the second quarter valued at about $30,000. MUFG Securities EMEA plc bought a new stake in shares of Pool in the second quarter valued at about $33,000. Finally, Mid American Wealth Advisory Group Inc. bought a new stake in shares of Pool in the second quarter valued at about $34,000. 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.