Pool Co. (NASDAQ:POOL) Given Average Recommendation of “Moderate Buy” by Analysts

Pool Co. (NASDAQ:POOL) has been assigned an average rating of “Moderate Buy” from the ten research firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $386.70.

A number of analysts have recently issued reports on POOL shares. StockNews.com started coverage on shares of Pool in a research note on Thursday, August 17th. They issued a “hold” rating for the company. Oppenheimer increased their price objective on shares of Pool from $375.00 to $380.00 and gave the stock an “outperform” rating in a research note on Friday, July 21st. Finally, Stifel Nicolaus increased their price objective on shares of Pool from $320.00 to $350.00 in a research note on Monday, July 17th.

Institutional Investors Weigh In On Pool

Several institutional investors have recently made changes to their positions in POOL. American Century Companies Inc. lifted its holdings in shares of Pool by 14.6% in the 1st quarter. American Century Companies Inc. now owns 5,536 shares of the specialty retailer’s stock worth $2,341,000 after acquiring an additional 704 shares during the last quarter. Panagora Asset Management Inc. lifted its holdings in Pool by 70.6% during the 1st quarter. Panagora Asset Management Inc. now owns 3,161 shares of the specialty retailer’s stock valued at $1,337,000 after buying an additional 1,308 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Pool by 6.6% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,364 shares of the specialty retailer’s stock valued at $2,268,000 after buying an additional 332 shares in the last quarter. Raymond James Trust N.A. lifted its holdings in Pool by 14.1% during the 1st quarter. Raymond James Trust N.A. now owns 1,744 shares of the specialty retailer’s stock valued at $738,000 after buying an additional 215 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Pool by 1.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 265,934 shares of the specialty retailer’s stock valued at $112,497,000 after buying an additional 3,766 shares in the last quarter. Institutional investors own 98.99% of the company’s stock.

Pool Stock Up 0.7 %

Shares of Pool stock opened at $368.18 on Friday. The company has a market cap of $14.38 billion, a price-to-earnings ratio of 24.40, a price-to-earnings-growth ratio of 4.54 and a beta of 0.98. The company’s 50 day moving average is $370.29 and its 200 day moving average is $352.92. Pool has a twelve month low of $278.10 and a twelve month high of $423.97. The company has a quick ratio of 0.91, a current ratio of 2.72 and a debt-to-equity ratio of 0.79.

Pool (NASDAQ:POOL) last released its quarterly earnings results on Thursday, July 20th. The specialty retailer reported $5.89 earnings per share for the quarter, missing the consensus estimate of $6.01 by ($0.12). Pool had a return on equity of 45.78% and a net margin of 10.32%. The business had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.89 billion. During the same quarter in the previous year, the business posted $7.59 earnings per share. The firm’s revenue was down 9.7% on a year-over-year basis. Research analysts anticipate that Pool will post 13.32 EPS for the current year.

Pool Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 24th. Shareholders of record on Thursday, August 10th were paid a $1.10 dividend. The ex-dividend date was Wednesday, August 9th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.20%. Pool’s payout ratio is currently 29.16%.

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.