Pool (NASDAQ:POOL) Hits New 52-Week Low – What’s Next?

Pool Corporation (NASDAQ:POOL) reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $155.79 and last traded at $155.3120, with a volume of 41396 shares trading hands. The stock had previously closed at $158.24.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. DA Davidson assumed coverage on shares of Pool in a report on Monday, August 24th. They issued a “neutral” rating and a $210.00 price objective for the company. Robert W. Baird set a $260.00 target price on shares of Pool in a report on Friday, July 24th. Wells Fargo & Company dropped their target price on Pool from $215.00 to $185.00 and set an “equal weight” rating on the stock in a research report on Friday, September 11th. Stephens reaffirmed an “overweight” rating and issued a $225.00 price target on shares of Pool in a report on Thursday, August 20th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a research report on Tuesday, August 11th. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Pool currently has an average rating of “Hold” and an average price target of $230.10.

Pool Price Performance

The business’s 50-day moving average price is $181.57 and its 200 day moving average price is $193.77. The stock has a market capitalization of $5.63 billion, a PE ratio of 14.29, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.91 and a current ratio of 2.67.

Pool (NASDAQ:POOL) last posted its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.33 by $0.05. Pool had a return on equity of 32.74% and a net margin of 7.40%.The company had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.82 billion. During the same quarter last year, the company earned $5.17 earnings per share. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Research analysts forecast that Pool Corporation will post 10.95 earnings per share for the current year.

Pool Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th were issued a dividend of $1.30 per share. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $5.20 annualized dividend and a dividend yield of 3.4%. Pool’s payout ratio is presently 47.84%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. BlackRock Inc. purchased a new position in Pool in the 2nd quarter worth $866,576,000. T. Rowe Price Investment Management Inc. boosted its position in Pool by 3,831.9% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,001,987 shares of the specialty retailer’s stock valued at $457,955,000 after buying an additional 1,951,070 shares during the period. Bank of New York Mellon Corp bought a new position in shares of Pool during the second quarter valued at about $148,216,000. Corient Private Wealth LP bought a new position in shares of Pool during the second quarter valued at about $93,011,000. Finally, Bank of America Corp DE purchased a new position in shares of Pool in the second quarter worth about $50,543,000. 98.99% of the stock is currently owned by institutional investors.

Pool Company Profile

Pool Corporation (NASDAQ:POOL) is a distributor of swimming pool supplies, equipment and related products. The company serves professional pool contractors, retailers, builders and service providers, supplying products used to build, renovate, maintain and repair residential and commercial pools.

Its product offerings include pool chemicals, pumps, filters, heaters, cleaners, lighting, replacement parts and safety equipment. Pool also distributes products related to irrigation, landscaping and outdoor living, including patio and recreational products that complement pool installations and backyard projects.

Founded in 1993 and headquartered in Covington, Louisiana, Pool Corporation serves customers through a network of distribution centers and sales locations across North America, Europe and Australia.