Pool (NASDAQ:POOL) Sets New 1-Year Low – Time to Sell?

by · The Cerbat Gem

Shares of Pool Corporation (NASDAQ:POOLGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as $228.19 and last traded at $229.33, with a volume of 733966 shares traded. The stock had previously closed at $232.49.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on POOL shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a report on Monday, December 22nd. KeyCorp started coverage on Pool in a report on Tuesday, September 30th. They issued a “sector weight” rating on the stock. Robert W. Baird set a $345.00 target price on Pool in a research report on Friday, October 24th. The Goldman Sachs Group set a $360.00 price target on Pool and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, Cfra raised Pool from a “hold” rating to a “buy” rating and set a $304.00 price objective on the stock in a research note on Monday, December 22nd. Four research 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’s stock. According to MarketBeat.com, Pool currently has a consensus rating of “Hold” and an average price target of $317.38.

View Our Latest Research Report on Pool

Pool Stock Performance

The firm has a market capitalization of $8.54 billion, a PE ratio of 20.91, a P/E/G ratio of 4.36 and a beta of 1.23. The business has a 50-day simple moving average of $249.70 and a 200-day simple moving average of $287.53. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.57 and a quick ratio of 0.87.

Pool (NASDAQ:POOLGet Free Report) last announced its earnings results on Thursday, October 23rd. The specialty retailer reported $3.39 EPS 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 firm had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same quarter in the previous year, the business earned $3.26 EPS. The company’s quarterly revenue was up 1.3% on a year-over-year basis. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. Equities research analysts expect that Pool Corporation will post 11.32 earnings per share for the current fiscal year.

Pool Announces Dividend

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

Hedge Funds Weigh In On Pool

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

About Pool

(Get Free Report)

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.

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