Pool Corp. Director Unloads 2,500 Shares of Stock (POOL)
Pool Corp. (NASDAQ:POOL) Director George T. Haymaker sold 2,500 shares of Pool Corp. stock on the open market in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $57.13, for a total transaction of $142,825.00. Following the completion of the sale, the director now directly owns 27,086 shares of the company’s stock, valued at approximately $1,547,423. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
POOL has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Pool Corp. in a research note on Friday, June 6th. They now have a $61.00 price target on the stock. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $58.50.
Pool Corp. (NASDAQ:POOL) traded up 0.49% on Tuesday, hitting $57.48. 312,973 shares of the company’s stock traded hands. Pool Corp. has a 1-year low of $50.58 and a 1-year high of $62.84. The stock’s 50-day moving average is $57.9 and its 200-day moving average is $57.8. The company has a market cap of $2.593 billion and a P/E ratio of 27.49.
Pool Corp. (NASDAQ:POOL) last issued its quarterly earnings data on Thursday, April 17th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.01. The company had revenue of $406.30 million for the quarter, compared to the consensus estimate of $397.30 million. During the same quarter in the previous year, the company posted $0.07 earnings per share. The company’s revenue for the quarter was up 9.7% on a year-over-year basis. Analysts expect that Pool Corp. will post $2.42 EPS for the current fiscal year.
Pool Corporation is a wholesale distributor of swimming pool supplies, equipment and related leisure products.
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