Pool’s (POOL) “Neutral” Rating Reiterated at Longbow Research

Pool (NASDAQ:POOL)‘s stock had its “neutral” rating restated by research analysts at Longbow Research in a research report issued on Monday, Benzinga reports.

Several other analysts also recently weighed in on the company. Stifel Nicolaus dropped their price target on Pool from $235.00 to $189.00 and set a “hold” rating on the stock in a research note on Friday, July 24th. DA Davidson initiated coverage on Pool in a research note 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 price objective on Pool in a research note on Friday, July 24th. Deutsche Bank Aktiengesellschaft set a $185.00 target price on Pool in a report on Friday, July 24th. Finally, Oppenheimer dropped their target price on Pool from $280.00 to $227.00 and set an “outperform” rating on the stock in a research report on Friday, July 24th. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Pool presently has an average rating of “Hold” and an average target price of $228.10.

Pool Price Performance

Shares of POOL opened at $172.57 on Monday. The firm has a market capitalization of $6.27 billion, a PE ratio of 15.88, a price-to-earnings-growth ratio of 2.43 and a beta of 1.05. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.67 and a quick ratio of 0.91. Pool has a 1-year low of $152.70 and a 1-year high of $305.63. The company’s fifty day moving average price is $175.73 and its 200-day moving average price is $191.48.

Pool (NASDAQ:POOL) last released its earnings results 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. The firm had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.82 billion. Pool had a return on equity of 32.74% and a net margin of 7.40%. The firm’s revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the firm earned $5.17 EPS. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. On average, equities research analysts predict that Pool will post 10.94 EPS for the current year.

Institutional Inflows and Outflows

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

About Pool

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.