Weiss Ratings Reaffirms “Hold (C-)” Rating for Pool (NASDAQ:POOL)

Pool (NASDAQ:POOL)‘s stock had its “hold (c-)” rating restated by analysts at Weiss Ratings in a report issued on Saturday,Weiss Ratings reports.

A number of other research analysts also recently issued reports on the company. The Goldman Sachs Group set a $360.00 price target on Pool and gave the company a “buy” rating in a report on Thursday. Wells Fargo & Company upped their price target on Pool from $300.00 to $320.00 and gave the company an “equal weight” rating in a report on Tuesday, July 8th. Robert W. Baird set a $345.00 price target on Pool in a report on Friday. Oppenheimer increased their target price on Pool from $322.00 to $346.00 and gave the company an “outperform” rating in a report on Tuesday, July 29th. Finally, Wall Street Zen raised Pool from a “sell” rating to a “hold” rating in a report on Saturday, July 26th. Three equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $337.86.

Pool Trading Down 2.2%

Shares of NASDAQ:POOL opened at $293.75 on Friday. The company has a market cap of $10.96 billion, a P/E ratio of 26.78, a PEG ratio of 3.94 and a beta of 1.11. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.57 and a quick ratio of 0.87. Pool has a 1 year low of $282.22 and a 1 year high of $395.60. The stock’s fifty day moving average price is $310.65 and its 200-day moving average price is $306.49.

Pool (NASDAQ:POOL) last announced its quarterly earnings results on Thursday, October 23rd. The specialty retailer reported $3.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. The firm had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.46 billion. Pool had a return on equity of 31.40% and a net margin of 7.77%.The company’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the company posted $3.26 earnings per share. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. Sell-side analysts expect that Pool will post 11.32 earnings per share for the current year.

Institutional Trading of Pool

Institutional investors have recently made changes to their positions in the business. Clearstead Trust LLC purchased a new stake in shares of Pool during the second quarter worth about $25,000. Chilton Capital Management LLC purchased a new stake in shares of Pool during the second quarter worth about $30,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Pool during the second quarter worth about $30,000. MUFG Securities EMEA plc purchased a new stake in shares of Pool during the second quarter worth about $33,000. Finally, Mid American Wealth Advisory Group Inc. purchased a new stake in shares of Pool during the second quarter worth about $34,000. Hedge funds and other institutional investors own 98.99% of the company’s stock.

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.