Pool (POOL) Given a $186.00 Price Target at Stephens

Pool (NASDAQ:POOL) has been given a $186.00 price target by investment analysts at Stephens in a report released on Tuesday, TipRanks reports. The brokerage currently has a “hold” rating on the specialty retailer’s stock. Stephens’ price objective indicates a potential upside of 3.67% from the company’s current price.

Other equities analysts also recently issued reports about the company. Robert W. Baird upgraded Pool from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $160.00 to $177.00 in a research report on Friday, February 22nd. ValuEngine upgraded Pool from a “hold” rating to a “buy” rating in a research report on Wednesday, February 27th. Zacks Investment Research upgraded Pool from a “hold” rating to a “buy” rating and set a $162.00 price objective on the stock in a research report on Monday, January 7th. Finally, BidaskClub upgraded Pool from a “hold” rating to a “buy” rating in a research report on Friday, April 5th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Pool currently has an average rating of “Hold” and an average price target of $171.20.

NASDAQ POOL opened at $179.41 on Tuesday. The firm has a market cap of $7.01 billion, a P/E ratio of 31.92, a P/E/G ratio of 1.22 and a beta of 0.92. The company has a current ratio of 1.96, a quick ratio of 0.79 and a debt-to-equity ratio of 3.01. Pool has a fifty-two week low of $135.76 and a fifty-two week high of $180.99.

Pool (NASDAQ:POOL) last released its earnings results on Thursday, April 18th. The specialty retailer reported $0.59 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by ($0.05). The company had revenue of $597.50 million for the quarter, compared to analysts’ expectations of $608.36 million. Pool had a net margin of 7.83% and a return on equity of 79.99%. Pool’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.75 earnings per share. On average, equities research analysts anticipate that Pool will post 6.19 EPS for the current year.

In other news, insider Romain Kenneth G. St sold 23,068 shares of the business’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $158.39, for a total value of $3,653,740.52. Following the transaction, the insider now directly owns 105,068 shares in the company, valued at $16,641,720.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Vice Chairman De La Mesa Manuel J. Perez sold 50,400 shares of the business’s stock in a transaction dated Tuesday, February 26th. The shares were sold at an average price of $160.51, for a total value of $8,089,704.00. Following the completion of the transaction, the insider now owns 69,041 shares in the company, valued at $11,081,770.91. The disclosure for this sale can be found here. Insiders sold 148,461 shares of company stock worth $23,689,565 over the last 90 days. Company insiders own 6.00% of the company’s stock.

Several hedge funds have recently modified their holdings of POOL. Enlightenment Research LLC bought a new stake in shares of Pool in the fourth quarter worth about $30,000. Executive Wealth Management LLC bought a new stake in shares of Pool in the fourth quarter worth about $51,000. Riverview Trust Co bought a new stake in shares of Pool in the fourth quarter worth about $57,000. Bessemer Group Inc. increased its holdings in shares of Pool by 81.2% in the fourth quarter. Bessemer Group Inc. now owns 520 shares of the specialty retailer’s stock worth $77,000 after purchasing an additional 233 shares during the last quarter. Finally, Paradigm Asset Management Co. LLC bought a new stake in shares of Pool in the third quarter worth about $100,000. 95.67% of the stock is currently owned by hedge funds and other institutional investors.

About Pool

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in North America, Europe, South America, and Australia. The company offers maintenance products, including chemicals, supplies, and pool accessories; repair and replacement parts for pool equipment, such as cleaners, filters, heaters, pumps, and lights; packaged pool kits comprising walls, liners, braces, and coping for in-ground and above-ground pools; pool equipment and components for new pool construction and the remodeling of existing pools; and irrigation and landscape products consisting of irrigation system components, and professional lawn care equipment and supplies.

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