Pool Co. (NASDAQ:POOL) – Research analysts at KeyCorp decreased their Q4 2019 EPS estimates for shares of Pool in a research note issued on Thursday, October 17th. KeyCorp analyst K. Zener now expects that the specialty retailer will post earnings per share of $0.33 for the quarter, down from their previous forecast of $0.44.

A number of other analysts also recently issued reports on POOL. Zacks Investment Research downgraded Pool from a “buy” rating to a “hold” rating and set a $228.00 price objective on the stock. in a research note on Monday. BidaskClub raised Pool from a “hold” rating to a “buy” rating in a research note on Wednesday, September 25th. Sidoti downgraded Pool from a “buy” rating to a “neutral” rating and set a $215.00 price objective on the stock. in a research note on Friday, August 23rd. ValuEngine downgraded Pool from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Stephens lifted their price objective on Pool from $187.00 to $196.00 and gave the stock an “equal weight” rating in a research note on Monday, September 23rd. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Pool presently has a consensus rating of “Hold” and a consensus target price of $217.25.

NASDAQ:POOL opened at $210.42 on Monday. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.68 and a quick ratio of 0.97. Pool has a 1 year low of $136.83 and a 1 year high of $228.19. The stock’s 50 day simple moving average is $199.57 and its two-hundred day simple moving average is $189.20. The company has a market cap of $8.50 billion, a price-to-earnings ratio of 37.44, a PEG ratio of 1.44 and a beta of 0.88.

Pool (NASDAQ:POOL) last released its quarterly earnings data on Thursday, October 17th. The specialty retailer reported $1.95 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.78 by $0.17. Pool had a return on equity of 82.52% and a net margin of 8.24%. The business had revenue of $898.50 million for the quarter, compared to the consensus estimate of $883.54 million. During the same quarter in the previous year, the company posted $1.66 EPS. The company’s revenue was up 10.7% compared to the same quarter last year.

In other news, CFO Mark W. Joslin sold 1,429 shares of the business’s stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $200.00, for a total transaction of $285,800.00. Following the transaction, the chief financial officer now owns 140,356 shares of the company’s stock, valued at approximately $28,071,200. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Peter D. Arvan bought 300 shares of the business’s stock in a transaction dated Friday, August 2nd. The shares were bought at an average cost of $187.93 per share, for a total transaction of $56,379.00. Following the transaction, the chief executive officer now owns 38,733 shares in the company, valued at approximately $7,279,092.69. The disclosure for this purchase can be found here. In the last three months, insiders have sold 48,965 shares of company stock worth $9,560,885. Corporate insiders own 6.00% of the company’s stock.

A number of institutional investors have recently made changes to their positions in POOL. CX Institutional grew its position in Pool by 45.5% in the 3rd quarter. CX Institutional now owns 176 shares of the specialty retailer’s stock valued at $35,000 after acquiring an additional 55 shares during the last quarter. NumerixS Investment Technologies Inc bought a new position in Pool in the 2nd quarter valued at $38,000. Stonebridge Capital Advisors LLC bought a new position in Pool in the 2nd quarter valued at $38,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of Pool in the 2nd quarter worth $40,000. Finally, Kavar Capital Partners LLC purchased a new stake in shares of Pool in the 2nd quarter worth $43,000. 94.31% of the stock is currently owned by institutional investors.

About Pool

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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Earnings History and Estimates for Pool (NASDAQ:POOL)

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