Pool (NASDAQ:POOL) Stock Rating Lowered by Longbow Research

Pool (NASDAQ:POOL) was downgraded by equities researchers at Longbow Research from a “buy” rating to a “neutral” rating in a research report issued on Monday, October 19th, Marketbeat.com reports.

Several other equities research analysts also recently issued reports on POOL. Wells Fargo & Company decreased their price objective on shares of Pool from $185.00 to $165.00 and set an “equal weight” rating for the company in a research note on Friday, October 16th. Robert W. Baird set a $260.00 price target on shares of Pool in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft set a $185.00 price target on shares of Pool in a report on Friday, July 24th. Stifel Nicolaus cut their price target on Pool from $235.00 to $189.00 and set a “hold” rating for the company in a research note on Friday, July 24th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Pool in a report on Tuesday, August 11th. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $227.70.

Pool Stock Performance

Shares of POOL stock traded up $0.69 during trading on Monday, reaching $195.59. 784,452 shares of the company’s stock were exchanged, compared to its average volume of 866,281. The stock has a market capitalization of $7.11 billion, a PE ratio of 17.99, a PEG ratio of 3.05 and a beta of 1.05. Pool has a twelve month low of $152.70 and a twelve month high of $290.02. The company has a quick ratio of 0.86, a current ratio of 2.46 and a debt-to-equity ratio of 0.93. The firm’s fifty day moving average price is $174.26 and its 200-day moving average price is $203.66.

Pool (NASDAQ:POOL) last released its quarterly earnings results on Thursday, October 22nd. The specialty retailer reported $3.40 EPS for the quarter, beating analysts’ consensus estimates of $3.36 by $0.04. The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.48 billion. Pool had a net margin of 7.27% and a return on equity of 33.50%. The business’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the previous year, the business earned $3.39 EPS. As a group, sell-side analysts anticipate that Pool will post 10.95 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of POOL. BlackRock Inc. acquired a new position in Pool during the second quarter worth $866,576,000. Bank of New York Mellon Corp acquired a new position in shares of Pool in the second quarter valued at $148,216,000. Corient Private Wealth LP acquired a new position in Pool in the second quarter valued at approximately $93,011,000. Bank of America Corp DE acquired a new stake in Pool in the 2nd quarter valued at about $50,543,000. Finally, Southpoint Capital Advisors LP lifted its stake in Pool by 66.7% in the 1st quarter. Southpoint Capital Advisors LP now owns 500,000 shares of the specialty retailer’s stock valued at $101,165,000 after purchasing an additional 200,000 shares during the last quarter. Institutional investors own 98.99% of the company’s stock.

Trending Headlines about Pool

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Pool Corporation’s board declared a quarterly cash dividend of $1.30 per share, payable November 25 to shareholders of record on November 11. The announcement reinforces the company’s shareholder-return policy and may provide modest support for the stock. Pool Corporation Declares Quarterly Cash Dividend
• Positive Sentiment: Pentair reported stronger-than-expected third-quarter results and indicated that inventory destocking in its Pool segment is largely complete. The potential end of channel inventory reductions could improve pool-industry demand and comparisons heading into 2027, offering an indirect positive read-through for Pool, a major distributor serving the same market. Pentair Shares Jump After Q3 Beat and Signs of a Pool Business Reset
• Positive Sentiment: Analysts cited in a recent report have a consensus price target of $227.70 for POOL, above the current trading level. This suggests potential upside according to the analyst consensus, though price targets are estimates rather than new company guidance. Pool Corporation Consensus Price Target
• Neutral Sentiment: There is no new Pool-specific earnings report or change to full-year guidance in the provided updates. Investors therefore remain focused on whether improving industry demand can translate into stronger sales and margins after Pool’s recent quarterly revenue growth and earnings performance.

About Pool

Pool Corporation, doing business as POOLCORP, is a wholesale distributor of swimming pool and outdoor living products. The company supplies pool contractors, retailers, builders, and service professionals with products used to construct, renovate, maintain, and enhance residential and commercial pools.

Its product offerings include swimming pool equipment, pumps, filters, heaters, cleaners, lighting, chemicals, replacement parts, and maintenance supplies. POOLCORP also distributes products for outdoor living, including patio and recreational items, as well as irrigation and landscape-related supplies in selected markets.

Founded in 1993 and headquartered in Covington, Louisiana, POOLCORP serves customers through a network of distribution centers and sales operations in the United States, Canada, Europe, and Australia.