Pool stock (NASDAQ:POOL) has gotten an average rating of “Moderate Buy” from the thirteen analysts that are now following the company.
Five research analysts gave the stock a hold rating, while five gave it a buy recommendation. The average twelve-month price estimate set by brokerages in the previous year is $446.80.
Market Analysis
Several research companies have recently published papers about POOL. Pool stock (NASDAQ:POOL) was downgraded from “outperform” to “neutral” by Robert W. Baird, who set a $398.00 price objective for the business. In a research study on Thursday, July 14th, Pool stock was first covered by StockNews.com in a research report on Wednesday. They assigned the stock a “hold” rating.
In a research report issued on Thursday, July 28th, KeyCorp reduced their price objective on Pool stock from $570.00 to $465.00 and gave the company an “overweight” rating. Stephens reduced their price target on Pool shares to $400.00 in a research report on Tuesday, July 26th. Finally, in a research report issued on Thursday, June 23rd, The Goldman Sachs Group reduced their price target on Pool’s shares from $560.00 to $450.00 and gave the company a “buy” rating.
POOL Stock: Insider Trading
In other Pool stock (NASDAQ:POOL) news, CFO Hart Melanie Housey sold 2,500 shares of the company’s stock on Friday, August 12th. The shares were sold for a total of $960,025.00 at an average price of $384.01. The sale results in the chief financial officer owning 10,721 shares of the company’s stock, valued at $4,116,971.21. The transaction was revealed in a legal file with the Securities and Exchange Commission, which is accessible on the SEC website. Insiders hold 3.00% of the stock in the business.
Pool Stock Performance
Pool stock (NASDAQ:POOL) started at $317.12 on Thursday. The company’s 50-day moving average is $347.56, and its 200-day moving average is $375.45. The debt-to-equity ratio is 1.28, the current ratio is 2.77, and the quick ratio is 1.00. Pool stock (NASDAQ:POOL) has a market capitalization of $12.56 billion, a P/E ratio of 16.49, a PEG ratio of 1.74, and a beta of 0.88. Pool’s one-year low is $308.74, and its one-year high is $582.27.
Pool (NASDAQ:POOL) most recently reported quarterly earnings on Thursday, July 21st. The specialty retailer announced $7.59 EPS for the quarter, $0.19 more than analysts’ expected forecasts of $7.40. During the quarter, sales were $2.06 billion, compared to analyst projections of $2.13 billion. Pool had a 13.17% net margin and a 68.34% return on equity. Compared to the previous year’s quarter, the company’s sales increased by 15.0%. The company earned $6.37 per share over the same time the previous year. According to equity research experts, Pool is expected to earn $18.5 per share this year.
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