Pool (NASDAQ:POOL) Hits New 1-Year Low – Here’s Why

Pool Corporation (NASDAQ:POOL)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as $210.67 and last traded at $212.7470, with a volume of 175567 shares trading hands. The stock had previously closed at $217.26.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Oppenheimer lowered their price objective on shares of Pool from $346.00 to $280.00 and set an “outperform” rating for the company in a research note on Tuesday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Pool in a research report on Monday, December 29th. Wells Fargo & Company decreased their target price on shares of Pool from $275.00 to $230.00 and set an “equal weight” rating for the company in a research report on Friday, February 20th. Robert W. Baird cut their price target on shares of Pool from $320.00 to $300.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. Finally, Stifel Nicolaus reduced their price target on Pool from $240.00 to $232.00 and set a “hold” rating on the stock in a research report on Monday. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $281.50.

Pool Trading Down 1.4%

The stock has a 50-day moving average of $248.89 and a 200 day moving average of $273.06. The company has a quick ratio of 0.59, a current ratio of 2.24 and a debt-to-equity ratio of 1.00. The stock has a market cap of $7.98 billion, a PE ratio of 19.77, a price-to-earnings-growth ratio of 2.73 and a beta of 1.22.

Pool (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, February 19th. The specialty retailer reported $0.84 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.15). The business had revenue of $982.21 million for the quarter, compared to analyst estimates of $999.14 million. Pool had a net margin of 7.67% and a return on equity of 31.49%. The business’s revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.97 earnings per share. Pool has set its FY 2026 guidance at 10.850-11.150 EPS. As a group, sell-side analysts anticipate that Pool Corporation will post 11.32 earnings per share for the current year.

Hedge Funds Weigh In On Pool

A number of institutional investors have recently modified their holdings of POOL. Pacer Advisors Inc. grew its holdings in Pool by 27.5% during the fourth quarter. Pacer Advisors Inc. now owns 3,333 shares of the specialty retailer’s stock worth $762,000 after acquiring an additional 719 shares during the period. Kera Capital Partners Inc. acquired a new position in Pool in the fourth quarter valued at approximately $254,000. Virtu Financial LLC purchased a new stake in Pool in the 4th quarter worth approximately $650,000. T. Rowe Price Investment Management Inc. grew its stake in shares of Pool by 3,831.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,001,987 shares of the specialty retailer’s stock worth $457,955,000 after purchasing an additional 1,951,070 shares during the period. Finally, Invesco Ltd. grew its stake in shares of Pool by 21.6% during the 4th quarter. Invesco Ltd. now owns 837,658 shares of the specialty retailer’s stock worth $191,614,000 after purchasing an additional 148,519 shares during the period. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Pool Company Profile

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.