Pool Corporation (POOL) Given Average Rating of “Buy” by Brokerages

Pool Corporation (NASDAQ:POOL) has been assigned a consensus recommendation of “Buy” from the six analysts that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $127.00.

A number of analysts have recently commented on POOL shares. Zacks Investment Research cut Pool Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Johnson Rice upgraded Pool Corporation from an “accumulate” rating to a “buy” rating in a research report on Monday, July 24th. BidaskClub cut Pool Corporation from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 16th. Finally, Sidoti upgraded Pool Corporation from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $119.00 to $131.00 in a research report on Friday, September 15th.

ILLEGAL ACTIVITY WARNING: “Pool Corporation (POOL) Given Average Rating of “Buy” by Brokerages” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The legal version of this piece of content can be accessed at https://ledgergazette.com/2017/10/14/pool-corporation-pool-given-average-rating-of-buy-by-brokerages.html.

Shares of Pool Corporation (NASDAQ POOL) opened at 112.42 on Friday. The company has a 50-day moving average of $106.13 and a 200 day moving average of $114.09. Pool Corporation has a 12-month low of $88.64 and a 12-month high of $124.25. The stock has a market capitalization of $4.63 billion, a price-to-earnings ratio of 29.22 and a beta of 0.92.

Pool Corporation (NASDAQ:POOL) last posted its quarterly earnings data on Thursday, October 19th. The specialty retailer reported $0.06 EPS for the quarter, missing the Zacks’ consensus estimate of $1.23 by ($1.17). Pool Corporation had a net margin of 6.15% and a return on equity of 63.34%. Analysts predict that Pool Corporation will post $4.11 earnings per share for the current year.

Several institutional investors have recently bought and sold shares of the company. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Pool Corporation in the second quarter valued at approximately $963,000. Wasatch Advisors Inc. increased its position in shares of Pool Corporation by 10.1% in the second quarter. Wasatch Advisors Inc. now owns 334,056 shares of the specialty retailer’s stock valued at $39,275,000 after buying an additional 30,643 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Pool Corporation by 27.2% in the second quarter. Public Employees Retirement System of Ohio now owns 76,965 shares of the specialty retailer’s stock valued at $9,049,000 after buying an additional 16,455 shares in the last quarter. Verition Fund Management LLC increased its position in shares of Pool Corporation by 79.9% in the second quarter. Verition Fund Management LLC now owns 7,554 shares of the specialty retailer’s stock valued at $888,000 after buying an additional 3,354 shares in the last quarter. Finally, Ameritas Investment Partners Inc. increased its position in shares of Pool Corporation by 2.0% in the second quarter. Ameritas Investment Partners Inc. now owns 12,374 shares of the specialty retailer’s stock valued at $1,455,000 after buying an additional 242 shares

A number of analysts have recently commented on POOL shares. Zacks Investment Research cut Pool Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Johnson Rice upgraded Pool Corporation from an “accumulate” rating to a “buy” rating in a research report on Monday, July 24th. BidaskClub cut Pool Corporation from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 16th. Finally, Sidoti upgraded Pool Corporation from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $119.00 to $131.00 in a research report on Friday, September 15th.

ILLEGAL ACTIVITY WARNING: “Pool Corporation (POOL) Given Average Rating of “Buy” by Brokerages” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The legal version of this piece of content can be accessed at https://ledgergazette.com/2017/10/14/pool-corporation-pool-given-average-rating-of-buy-by-brokerages.html.

Shares of Pool Corporation (NASDAQ POOL) opened at 112.42 on Friday. The company has a 50-day moving average of $106.13 and a 200 day moving average of $114.09. Pool Corporation has a 12-month low of $88.64 and a 12-month high of $124.25. The stock has a market capitalization of $4.63 billion, a price-to-earnings ratio of 29.22 and a beta of 0.92.

Pool Corporation (NASDAQ:POOL) last posted its quarterly earnings data on Thursday, October 19th. The specialty retailer reported $0.06 EPS for the quarter, missing the Zacks’ consensus estimate of $1.23 by ($1.17). Pool Corporation had a net margin of 6.15% and a return on equity of 63.34%. Analysts predict that Pool Corporation will post $4.11 earnings per share for the current year.

Several institutional investors have recently bought and sold shares of the company. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Pool Corporation in the second quarter valued at approximately $963,000. Wasatch Advisors Inc. increased its position in shares of Pool Corporation by 10.1% in the second quarter. Wasatch Advisors Inc. now owns 334,056 shares of the specialty retailer’s stock valued at $39,275,000 after buying an additional 30,643 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Pool Corporation by 27.2% in the second quarter. Public Employees Retirement System of Ohio now owns 76,965 shares of the specialty retailer’s stock valued at $9,049,000 after buying an additional 16,455 shares in the last quarter. Verition Fund Management LLC increased its position in shares of Pool Corporation by 79.9% in the second quarter. Verition Fund Management LLC now owns 7,554 shares of the specialty retailer’s stock valued at $888,000 after buying an additional 3,354 shares in the last quarter. Finally, Ameritas Investment Partners Inc. increased its position in shares of Pool Corporation by 2.0% in the second quarter. Ameritas Investment Partners Inc. now owns 12,374 shares of the specialty retailer’s stock valued at $1,455,000 after buying an additional 242 shares in the last quarter. Institutional investors and hedge funds own 92.14% of the company’s stock.

About Pool Corporation

Pool Corporation is a distributor of swimming pool supplies, equipment and related leisure products. The Company is a distributor of irrigation and landscape products in the United States. As of December 31, 2016, the Company operated 344 sales centers in North America, Europe, South America and Australia, through its four distribution networks, including SCP Distributors (SCP), Superior Pool Products (Superior), Horizon Distributors (Horizon) and National Pool Tile (NPT).

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