Stifel Nicolaus Has Lowered Expectations for Pool (NASDAQ:POOL) Stock Price

by · The Markets Daily

Pool (NASDAQ:POOL – Get Free Report) had its target price lowered by stock analysts at Stifel Nicolaus from $295.00 to $240.00 in a report released on Tuesday,Benzinga reports. The firm currently has a “hold” rating on the specialty retailer’s stock. Stifel Nicolaus’ target price points to a potential upside of 1.76% from the stock’s previous close.

POOL has been the subject of a number of other research reports. KeyCorp assumed coverage on shares of Pool in a research note on Tuesday, September 30th. They set a “sector weight” rating for the company. William Blair reiterated a “market perform” rating on shares of Pool in a research note on Wednesday, October 15th. Guggenheim initiated coverage on shares of Pool in a research note on Wednesday, October 8th. They set a “neutral” rating on the stock. Robert W. Baird set a $345.00 target price on Pool in a research report on Friday, October 24th. Finally, The Goldman Sachs Group set a $360.00 target price on Pool and gave the stock a “buy” rating in a report on Thursday, October 23rd. Three equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $319.29.

View Our Latest Research Report on POOL

Pool Stock Performance

NASDAQ POOL traded down $2.50 on Tuesday, hitting $235.85. 189,694 shares of the stock were exchanged, compared to its average volume of 574,368. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.57 and a quick ratio of 0.87. The business’s fifty day moving average is $261.96 and its 200 day moving average is $292.40. The company has a market capitalization of $8.79 billion, a PE ratio of 21.55, a P/E/G ratio of 4.51 and a beta of 1.23. Pool has a 52 week low of $229.63 and a 52 week high of $374.74.

Pool (NASDAQ:POOL – Get Free Report) last posted its earnings results on Thursday, October 23rd. The specialty retailer reported $3.39 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. Pool had a return on equity of 31.40% and a net margin of 7.77%.The company had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter last year, the firm earned $3.26 earnings per share. The company’s revenue was up 1.3% on a year-over-year basis. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. Research analysts anticipate that Pool will post 11.32 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in POOL. Clearstead Trust LLC purchased a new stake in shares of Pool during the 2nd quarter worth approximately $25,000. Root Financial Partners LLC bought a new stake in shares of Pool in the 3rd quarter worth about $29,000. Chilton Capital Management LLC purchased a new stake in shares of Pool during the 2nd quarter valued at about $30,000. CYBER HORNET ETFs LLC bought a new position in shares of Pool in the 2nd quarter valued at about $30,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Pool in the 2nd quarter worth approximately $33,000. Hedge funds and other institutional investors own 98.99% of the company’s stock.

About Pool

(Get Free Report)

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.

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