Pool Corporation (NASDAQ:POOL) Given Consensus Recommendation of “Hold” by Brokerages

Pool Corporation (NASDAQ:POOL) has been given an average rating of “Hold” by the twelve ratings firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $317.3750.

POOL has been the topic of a number of recent research reports. KeyCorp initiated coverage on shares of Pool in a research note on Tuesday, September 30th. They set a “sector weight” rating on the stock. Stifel Nicolaus decreased their target price on shares of Pool from $295.00 to $240.00 and set a “hold” rating on the stock in a research report on Tuesday, December 16th. William Blair reissued a “market perform” rating on shares of Pool in a research report on Wednesday, October 15th. Wells Fargo & Company cut their price target on shares of Pool from $320.00 to $250.00 and set an “equal weight” rating for the company in a research note on Monday, December 15th. Finally, The Goldman Sachs Group set a $360.00 price objective on Pool and gave the company a “buy” rating in a research note on Thursday, October 23rd.

Pool Trading Up 0.8%

Shares of POOL opened at $231.07 on Wednesday. The stock’s 50-day moving average price is $248.27 and its 200 day moving average price is $287.12. The company has a quick ratio of 0.87, a current ratio of 2.57 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $8.61 billion, a price-to-earnings ratio of 21.06, a P/E/G ratio of 4.30 and a beta of 1.23. Pool has a 12-month low of $227.40 and a 12-month high of $374.74.

Pool (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, October 23rd. The specialty retailer reported $3.39 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.01. The company 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%.Pool’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter last year, the firm earned $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.

Pool Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Wednesday, November 12th were given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Wednesday, November 12th. Pool’s dividend payout ratio is 45.58%.

Institutional Investors Weigh In On Pool

Several institutional investors and hedge funds have recently made changes to their positions in the company. Clearstead Trust LLC acquired a new stake in shares of Pool during the 2nd quarter worth about $25,000. Root Financial Partners LLC bought a new stake in Pool during the third quarter worth about $29,000. Chilton Capital Management LLC bought a new stake in Pool during the second quarter worth about $30,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Pool during the second quarter worth approximately $30,000. Finally, MUFG Securities EMEA plc bought a new position in shares of Pool in the second quarter valued at approximately $33,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

About Pool

Pool Corporation is a leading wholesale distributor of swimming pool supplies, equipment, and related outdoor living products. Headquartered in Covington, Louisiana, the company serves a diverse customer base that includes service professionals, independent retailers, high-volume builders, and national retail chains. Pool Corporation’s extensive branch network enables it to maintain strong local customer relationships while leveraging its scale to source products efficiently from manufacturers around the world.

The company’s product portfolio spans pool and spa chemicals, water treatment equipment, pumps, filters, heaters, automation and control systems, liners, safety covers, and cleaning accessories.