Stifel Nicolaus Lowers Pool (NASDAQ:POOL) Price Target to $240.00

Pool (NASDAQ:POOL) had its price objective reduced by Stifel Nicolaus from $295.00 to $240.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has a “hold” rating on the specialty retailer’s stock. Stifel Nicolaus’ target price would indicate a potential upside of 1.57% from the company’s current price.

POOL has been the subject of several other research reports. The Goldman Sachs Group set a $360.00 target price on shares of Pool and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Robert W. Baird set a $345.00 price objective on shares of Pool in a research report on Friday, October 24th. KeyCorp began coverage on shares of Pool in a report on Tuesday, September 30th. They issued a “sector weight” rating for the company. Weiss Ratings restated a “sell (d+)” rating on shares of Pool in a research note on Monday, December 8th. Finally, Guggenheim assumed coverage on Pool in a research report on Wednesday, October 8th. They set a “neutral” rating for the company. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $319.29.

Pool Trading Down 0.2%

Shares of Pool stock opened at $236.28 on Tuesday. The stock has a 50 day moving average of $259.36 and a 200 day moving average of $291.57. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.87 and a current ratio of 2.57. The firm has a market capitalization of $8.80 billion, a price-to-earnings ratio of 21.54, a PEG ratio of 4.44 and a beta of 1.23. Pool has a fifty-two week low of $229.63 and a fifty-two week high of $374.74.

Pool (NASDAQ:POOL) last announced its quarterly earnings results on Thursday, October 23rd. The specialty retailer reported $3.39 EPS for the quarter, beating the consensus estimate of $3.38 by $0.01. The business had revenue of $1.45 billion for the quarter, compared to analyst estimates 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 quarter in the prior year, the company posted $3.26 EPS. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. As a group, research analysts predict that Pool will post 11.32 earnings per share for the current year.

Institutional Trading of Pool

A number of large investors have recently modified their holdings of POOL. Public Sector Pension Investment Board grew its stake in Pool by 8.9% during the 1st quarter. Public Sector Pension Investment Board now owns 5,191 shares of the specialty retailer’s stock worth $1,653,000 after purchasing an additional 426 shares in the last quarter. Russell Investments Group Ltd. grew its position in shares of Pool by 0.6% during the first quarter. Russell Investments Group Ltd. now owns 34,946 shares of the specialty retailer’s stock worth $11,114,000 after buying an additional 202 shares in the last quarter. Aberdeen Group plc increased its stake in shares of Pool by 112.3% during the first quarter. Aberdeen Group plc now owns 33,110 shares of the specialty retailer’s stock worth $10,427,000 after buying an additional 17,515 shares during the period. Raymond James Financial Inc. increased its stake in shares of Pool by 3.3% during the first quarter. Raymond James Financial Inc. now owns 353,832 shares of the specialty retailer’s stock worth $112,643,000 after buying an additional 11,153 shares during the period. Finally, Brooklyn Investment Group raised its holdings in Pool by 53.1% in the first quarter. Brooklyn Investment Group now owns 147 shares of the specialty retailer’s stock valued at $47,000 after acquiring an additional 51 shares in the last quarter. 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.