Pool Co. (NASDAQ:POOL) VP Romain Kenneth G. St sold 4,996 shares of Pool stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $310.02, for a total value of $1,548,859.92. Following the completion of the transaction, the vice president now owns 99,136 shares of the company’s stock, valued at $30,734,142.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
POOL stock opened at $316.70 on Friday. The company has a current ratio of 2.06, a quick ratio of 0.92 and a debt-to-equity ratio of 1.15. Pool Co. has a 1 year low of $160.35 and a 1 year high of $318.71. The company has a fifty day simple moving average of $277.74 and a 200 day simple moving average of $232.66. The firm has a market cap of $12.65 billion, a PE ratio of 45.18 and a beta of 0.83.
Pool (NASDAQ:POOL) last released its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $3.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.09 by $0.78. Pool had a net margin of 8.32% and a return on equity of 69.72%. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same quarter in the previous year, the business earned $3.22 EPS. Pool’s quarterly revenue was up 14.2% compared to the same quarter last year. As a group, analysts forecast that Pool Co. will post 7.25 EPS for the current fiscal year.
A number of equities analysts have issued reports on the stock. Robert W. Baird raised their target price on shares of Pool from $258.00 to $271.00 and gave the stock an “outperform” rating in a report on Friday, June 19th. BidaskClub raised Pool from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 22nd. Stephens lifted their price target on shares of Pool from $195.00 to $205.00 and gave the stock an “equal weight” rating in a research report on Monday, April 27th. Zacks Investment Research cut shares of Pool from a “hold” rating to a “sell” rating and set a $272.00 price objective on the stock. in a research report on Friday, May 29th. Finally, Berenberg Bank upgraded shares of Pool from a “hold” rating to a “buy” rating and set a $247.00 price objective on the stock in a research report on Monday, May 4th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and two have issued a strong buy rating to the stock. Pool has an average rating of “Buy” and a consensus target price of $255.50.
Several hedge funds have recently added to or reduced their stakes in the stock. Mount Yale Investment Advisors LLC lifted its stake in shares of Pool by 1.5% in the 2nd quarter. Mount Yale Investment Advisors LLC now owns 2,844 shares of the specialty retailer’s stock valued at $773,000 after purchasing an additional 41 shares during the last quarter. Torray LLC lifted its position in Pool by 0.7% during the 1st quarter. Torray LLC now owns 6,457 shares of the specialty retailer’s stock worth $1,271,000 after acquiring an additional 48 shares during the last quarter. Squar Milner Financial Services LLC lifted its position in Pool by 11.2% during the 2nd quarter. Squar Milner Financial Services LLC now owns 754 shares of the specialty retailer’s stock worth $205,000 after acquiring an additional 76 shares during the last quarter. MAI Capital Management lifted its position in Pool by 2.3% during the 1st quarter. MAI Capital Management now owns 5,628 shares of the specialty retailer’s stock worth $1,107,000 after acquiring an additional 126 shares during the last quarter. Finally, Valeo Financial Advisors LLC lifted its position in Pool by 397.3% during the 1st quarter. Valeo Financial Advisors LLC now owns 184 shares of the specialty retailer’s stock worth $37,000 after acquiring an additional 147 shares during the last quarter. 91.71% of the stock is owned by institutional investors and hedge funds.
Pool Company Profile
Pool Corp. engages in the wholesale distribution of swimming pool supplies, equipment and related leisure products. It also provides irrigation and landscape products. The company was founded in 1993 and is headquartered in Covington, LA.
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