Wall Street analysts forecast that Pool Co. (NASDAQ:POOL – Get Rating) will report $3.06 earnings per share (EPS) for the current quarter, according to Zacks. Four analysts have made estimates for Pool’s earnings, with the highest EPS estimate coming in at $3.45 and the lowest estimate coming in at $2.70. Pool reported earnings per share of $2.42 in the same quarter last year, which would suggest a positive year over year growth rate of 26.4%. The firm is expected to report its next quarterly earnings results before the market opens on Monday, January 1st.
According to Zacks, analysts expect that Pool will report full-year earnings of $17.55 per share for the current year, with EPS estimates ranging from $17.09 to $17.94. For the next financial year, analysts expect that the business will post earnings of $18.92 per share, with EPS estimates ranging from $18.32 to $19.65. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that cover Pool.
Pool (NASDAQ:POOL – Get Rating) last posted its quarterly earnings results on Thursday, February 17th. The specialty retailer reported $2.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.33. Pool had a net margin of 12.29% and a return on equity of 70.81%. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $958.59 million. During the same quarter last year, the firm posted $1.45 EPS. Pool’s revenue was up 23.4% compared to the same quarter last year.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Frontier Wealth Management LLC raised its stake in shares of Pool by 0.4% during the 4th quarter. Frontier Wealth Management LLC now owns 5,425 shares of the specialty retailer’s stock worth $3,071,000 after purchasing an additional 23 shares during the period. Daiwa Securities Group Inc. raised its stake in shares of Pool by 0.8% during the 3rd quarter. Daiwa Securities Group Inc. now owns 3,015 shares of the specialty retailer’s stock worth $1,310,000 after purchasing an additional 24 shares during the period. Mutual of America Capital Management LLC raised its stake in shares of Pool by 0.5% during the 3rd quarter. Mutual of America Capital Management LLC now owns 5,264 shares of the specialty retailer’s stock worth $2,287,000 after purchasing an additional 26 shares during the period. American National Bank raised its stake in shares of Pool by 52.0% during the 1st quarter. American National Bank now owns 76 shares of the specialty retailer’s stock worth $32,000 after purchasing an additional 26 shares during the period. Finally, Signaturefd LLC raised its stake in shares of Pool by 7.5% during the 4th quarter. Signaturefd LLC now owns 402 shares of the specialty retailer’s stock worth $228,000 after purchasing an additional 28 shares during the period. Institutional investors own 91.12% of the company’s stock.
NASDAQ POOL traded down $7.38 during mid-day trading on Friday, hitting $414.06. The company’s stock had a trading volume of 224,306 shares, compared to its average volume of 371,491. The company’s 50 day simple moving average is $447.04 and its 200 day simple moving average is $490.06. Pool has a twelve month low of $367.70 and a twelve month high of $582.27. The company has a current ratio of 2.38, a quick ratio of 0.58 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $16.62 billion, a price-to-earnings ratio of 25.91, a PEG ratio of 2.36 and a beta of 0.89.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 24th. Stockholders of record on Thursday, March 10th were paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date was Wednesday, March 9th. Pool’s payout ratio is 20.03%.
Pool Company Profile (Get Rating)
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.
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