Posted by John. R. Edwardson on Jan 7th, 2019 // No Comments
Shares of Pool Co. (NASDAQ:POOL) have earned an average rating of “Hold” from the seven analysts that are currently covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $154.25.
Several brokerages have weighed in on POOL. Jefferies Financial Group began coverage on shares of Pool in a research report on Friday, October 12th. They set a “hold” rating and a $145.00 price target for the company. Robert W. Baird dropped their price target on shares of Pool from $163.00 to $155.00 and set a “neutral” rating for the company in a research report on Friday, October 19th. BidaskClub cut shares of Pool from a “buy” rating to a “hold” rating in a research report on Friday, October 12th. Finally, Zacks Investment Research raised shares of Pool from a “hold” rating to a “buy” rating and set a $166.00 price target for the company in a research report on Monday, October 15th. Get Pool alerts:
Shares of Pool stock opened at $149.28 on Monday. Pool has a 52-week low of $123.88 and a 52-week high of $175.87. The firm has a market capitalization of $5.99 billion, a PE ratio of 37.41, a price-to-earnings-growth ratio of 1.03 and a beta of 1.05. The company has a debt-to-equity ratio of 1.53, a current ratio of 3.29 and a quick ratio of 1.18. Pool (NASDAQ:POOL) last announced its quarterly earnings results on Thursday, October 18th. The specialty retailer reported $1.66 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.58 by $0.08. The business had revenue of $811.31 million during the quarter. Pool had a net margin of 8.21% and a return on equity of 78.04%. The company’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.16 EPS. As a group, equities research analysts forecast that Pool will post 5.66 EPS for the current year.
In other news, CEO De La Mesa Manuel J. Perez sold 10,300 shares of the firm’s stock in a transaction dated Thursday, November 29th. The shares were sold at an average price of $160.98, for a total value of $1,658,094.00. Following the completion of the sale, the chief executive officer now directly owns 69,001 shares of the company’s stock, valued at approximately $11,107,780.98. The transaction was disclosed in a filing with the SEC, which is available at the SEC website . Also, CEO De La Mesa Manuel J. Perez sold 20,448 shares of the firm’s stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $162.28, for a total transaction of $3,318,301.44. Following the completion of the sale, the chief executive officer now directly owns 69,001 shares of the company’s stock, valued at $11,197,482.28. The disclosure for this sale can be found here . Corporate insiders own 6.00% of the company’s stock.
Large investors have recently bought and sold shares of the company. Paradigm Asset Management Co. LLC purchased a new stake in shares of Pool in the 3rd quarter worth about $100,000. NumerixS Investment Technologies Inc lifted its position in shares of Pool by 57.1% in the 2nd quarter. NumerixS Investment Technologies Inc now owns 1,100 shares of the specialty retailer’s stock worth $167,000 after purchasing an additional 400 shares during the period. HWG Holdings LP purchased a new stake in shares of Pool in the 3rd quarter worth about $179,000. Advisor Partners LLC purchased a new stake in shares of Pool in the 3rd quarter worth about $201,000. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in shares of Pool in the 3rd quarter worth about $206,000. 94.39% of the stock is owned by hedge funds and other institutional investors.
Pool Company Profile
Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in North America, Europe, South America, and Australia. 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; 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 landscape products consisting of irrigation system components, and professional lawn care equipment and supplies.