According to MarketBeat Ratings, the thirteen different analyst firms monitoring Pool Co. (NASDAQ: POOL) have collectively assigned the company a rating of “Moderate Buy” as their overall recommendation for the stock. This rating comes from the analysts’ consensus that Pool Co.’s ten research experts have rated the stock, and five of them have assigned it the recommendation of “hold,” while the remaining five have assigned it the rating of “buy.”
Most brokerage firms that have covered the company in the preceding year have, on average, set their price goal for the company’s shares one year out at $446.80. You Should Buy These Three Unknown Stocks Right Away Several research professionals have recently produced reports on the POOL stock that are connected to their most recent discoveries. In a research report published on June 23, Goldman Sachs Group lowered their “buy” rating and price objective on Pool shares from $560.00 to $450.00. Additionally, the price goal was reduced from $560.00 to $450.00. In a report that was released on Tuesday, July 26, Stephens lowered their price objective for Pool shares from $400,000 to $400,000 in a report that was Robert W. Baird cut his price goal for Pool’s shares to $398.00 and downgraded the company’s rating from “outperform” to “neutral.” He also lowered the price target for the company overall. Concerning July 14, KeyCorp lowered their price target on Pool’s shares from $570.00 down to $465.00 in a research report published on Thursday, July 28.
They also lowered the “overweight” rating they had previously assigned to the company’s stock. TheStreet upgraded Pool’s stock from a rating of “c+” to a rating of “b” in a research report on June 2. Trading between Pool Insiders (Selling and Buying) (Selling and Purchasing) In other news, Chief Financial Officer Hart Melanie Housey sold off 2,500 shares of her company’s equity on August 12. This transaction took place on Friday. When the stock was sold, the transaction resulted in total revenue of $960,025.00, equivalent to an average price of $384.01 per share. Following the conclusion of the transaction, the chief financial officer will become the owner of 10,721 shares of the company’s stock. The current market value of these shares is $4,116,971.21. Additional information regarding the transaction can be found in a document sent to the SEC and is now available online. Corporate insiders own a stake in the company equal to 3% of its total equity. Taking into account, the Participation of the Group of Institutional Investors, The POOL holdings of several hedge funds and other institutional investors have seen a series of transitions throughout the past few months. Mercer Global Advisors Inc. ADV increased its holdings of pool equities by 590 percent in the final three months of 2018. During the time frame under consideration, Mercer Global Advisors, Inc. increased the total number of shares held in its portfolio by 480. ADV was the owner of 1,293 shares of the specialty retailer’s stock as of the close of trading on today’s market, giving them a value of $732,000. During the last three months of 2018, M&T Bank Corporation added 6.0 percentage points to the amount of POOL it held in its portfolio.
Following the acquisition of 79 shares during the most recent quarter, M&T Bank Corp now owns 1,388 shares in the specialty retailer, with a value of $786,000. This brings the total number of shares directly owned by the company to 1,389. American Century Companies Inc. boosted the proportion of pool stock owned by 21.9% over the final three months of 2018. American Century Companies Inc. now has 4,832 shares of the specialty retailer’s stock, valued at $2,735,000 after purchasing an additional 869 shares during the most recent quarter. The Northern Trust Corporation increased its stake in Pool by 4.1% during the fourth quarter by purchasing new shares. Following the acquisition of an additional 19,161 shares during the most recent fiscal quarter, Northern Trust Corp now owns a total of 486,436 shares of the specialty retailer’s stock, which carries a market value of $275,323,000. It brings the total value of Northern Trust Corp’s holdings to $275,323,000. And finally, during the period covered by the most recent report, ProShare Advisors LLC witnessed a rise of 25.5% in the total value of its holdings in Pool. After purchasing an additional 1,856 shares of the specialty retailer’s stock during the most recent fiscal quarter, ProShare Advisors LLC now owns a total of 9,141 shares of the company’s stock, which has a market value of $5,173,000. ProShare Advisors LLC acquired these shares. Institutional investors and hedge funds own 91.88 percent of the company’s stock. These types of investors are referred to as “large investors.” The amount of money traded in the Pool has slowed by 3.7%. On Wednesday, the price of NASDAQ pool stock opened at 360.63 dollars. A debt-to-equity ratio of 1.28 can be seen, along with a quick ratio of 1, a current ratio of 2.77, and a quick ratio of 1. The company has a P/E ratio of 18.75, a P/E/G ratio of 2.07, and a beta coefficient of 0.88, which contribute to its market value of $14.28 billion. During the last year, the price of gasoline reached an all-time low of $324.14 and an all-time high of $582.27.
The moving averages for the past 50 days at the corporation were 365.06, and their moving average for the past 200 days was likewise $405.72 in value. On Thursday, July 21, Pool (NASDAQ: POOL) announced the most current results from its most recent quarterly period. The specialty retailer reported $7.59 per share earnings for the first quarter, which was $0.19 more than the analysts’ consensus expectation of $7.40 per share for the period. The company announced quarterly sales of $2.06 billion, which fell short of the $2.13 billion that experts thought would be earned by company sales. Pool successfully achieved a return on equity was 68.34%, and the company’s net margin came in at 13.17%. The most recent fiscal quarter at Pool experienced a gain in revenue that was 15.0% higher when compared to the same period in the prior year. The company generated earnings of $6.37 per share during the same period in the prior year’s operations. It is expected by those who follow the stock market that Pool will create earnings of 18.37 cents per share this year. The declaration of the Pool’s dividends is made. The corporation also announced a dividend payment, which is scheduled to take place on August 25 and will continue to be distributed every quarter. On Thursday, August 11, stockholders on record will be eligible to receive a dividend payment of one dollar. It translates into a dividend yield of 1.11% and a dividend payment of $4.00 per year for the shareholders. The day of the week, August 10, which is a Wednesday, is the day that will no longer count in the calculation of the dividend. The dividend payout ratio (DPR) for Pool is sitting at 20.80% at the moment. The characteristics of A Company Called Pool The Pool Company is a supplier of swimming pool supplies, equipment, and other leisure products in the United States and other nations.
These products are found in both commercial and residential settings. The company sells fiberglass pools and hot tubs and pre-assembled pool kits that include in-ground and above-ground pool walls, liners, braces, and coping. The kits can be purchased individually or as a package deal. In addition, it is a retailer of irrigation and various other things linked with the industry. The company is in the business of supplying products that are used for the upkeep of swimming pools. These products include chemicals, supplies, and various pool accessories. It also fixes different pool equipment and sells replacement parts like heaters, cleaners, filters, pumps, and lights.