Pool Co. (NASDAQ:POOL) Given Average Rating of “Buy” by Brokerages

Shares of Pool Co. (NASDAQ:POOLGet Rating) have earned a consensus rating of “Buy” from the twelve research firms that are covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $551.30.

Several research analysts have recently issued reports on the company. StockNews.com started coverage on Pool in a research report on Thursday, March 31st. They set a “hold” rating for the company. Jefferies Financial Group reiterated a “hold” rating and issued a $550.00 price target on shares of Pool in a research note on Thursday, December 30th. Stifel Nicolaus assumed coverage on shares of Pool in a research report on Monday, April 4th. They set a “buy” rating and a $485.00 price objective for the company. Robert W. Baird increased their target price on shares of Pool from $555.00 to $600.00 and gave the company an “outperform” rating in a research report on Friday, February 18th. Finally, Edward Jones began coverage on Pool in a report on Tuesday, April 12th. They set a “hold” rating on the stock.

A number of institutional investors and hedge funds have recently made changes to their positions in POOL. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new stake in shares of Pool in the 3rd quarter valued at approximately $26,000. Total Clarity Wealth Management Inc. grew its stake in shares of Pool by 150.0% during the 4th quarter. Total Clarity Wealth Management Inc. now owns 50 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 30 shares during the period. American National Bank increased its holdings in shares of Pool by 52.0% in the 1st quarter. American National Bank now owns 76 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 26 shares in the last quarter. Monolith Advisors acquired a new stake in shares of Pool in the fourth quarter valued at about $32,000. Finally, Liberty Wealth Management LLC boosted its holdings in Pool by 1,420.0% during the third quarter. Liberty Wealth Management LLC now owns 76 shares of the specialty retailer’s stock worth $37,000 after buying an additional 71 shares in the last quarter. 91.12% of the stock is currently owned by institutional investors.

NASDAQ POOL opened at $431.82 on Thursday. Pool has a 52 week low of $384.05 and a 52 week high of $582.27. The firm has a 50 day moving average of $445.06 and a two-hundred day moving average of $489.74. The company has a quick ratio of 0.58, a current ratio of 2.38 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $17.33 billion, a PE ratio of 27.02, a price-to-earnings-growth ratio of 2.36 and a beta of 0.89.

Pool (NASDAQ:POOLGet Rating) last released its quarterly earnings data on Thursday, February 17th. The specialty retailer reported $2.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.97 by $0.33. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $958.59 million. Pool had a net margin of 12.29% and a return on equity of 70.81%. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.45 EPS. On average, equities research analysts expect that Pool will post 17.55 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 24th. Shareholders of record on Thursday, March 10th were given a dividend of $0.80 per share. The ex-dividend date of this dividend was Wednesday, March 9th. This represents a $3.20 dividend on an annualized basis and a yield of 0.74%. 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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Analyst Recommendations for Pool (NASDAQ:POOL)

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