Pool Co. (NASDAQ:POOL) – Research analysts at William Blair lifted their Q1 2019 earnings per share (EPS) estimates for Pool in a report released on Thursday, February 14th. William Blair analyst R. Merkel now forecasts that the specialty retailer will earn $0.62 per share for the quarter, up from their previous estimate of $0.58. William Blair also issued estimates for Pool’s Q2 2019 earnings at $3.34 EPS, Q3 2019 earnings at $1.84 EPS, Q1 2020 earnings at $0.58 EPS, Q2 2020 earnings at $3.20 EPS, Q3 2020 earnings at $1.82 EPS and Q4 2020 earnings at $0.58 EPS.
Get Pool alerts:POOL has been the subject of several other reports. Zacks Investment Research upgraded shares of Pool from a “hold” rating to a “buy” rating and set a $164.00 price target for the company in a research report on Tuesday, December 18th. ValuEngine lowered shares of Pool from a “buy” rating to a “hold” rating in a research report on Friday. Finally, BidaskClub lowered shares of Pool from a “strong-buy” rating to a “buy” rating in a report on Tuesday, December 11th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $154.75.
NASDAQ POOL opened at $152.00 on Monday. The company has a quick ratio of 1.18, a current ratio of 3.29 and a debt-to-equity ratio of 1.53. Pool has a 12-month low of $135.76 and a 12-month high of $175.87. The stock has a market cap of $6.12 billion, a price-to-earnings ratio of 38.10, a price-to-earnings-growth ratio of 1.10 and a beta of 0.92.
Pool (NASDAQ:POOL) last posted its quarterly earnings results on Thursday, February 14th. The specialty retailer reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.03). Pool had a net margin of 8.21% and a return on equity of 78.04%. The business had revenue of $543.00 million for the quarter, compared to analysts’ expectations of $551.58 million. During the same quarter in the previous year, the company earned $0.50 earnings per share. The business’s quarterly revenue was up 6.5% on a year-over-year basis.
Several institutional investors have recently bought and sold shares of the company. BlackRock Inc. lifted its holdings in Pool by 0.8% in the third quarter. BlackRock Inc. now owns 3,783,020 shares of the specialty retailer’s stock worth $631,310,000 after buying an additional 28,257 shares during the period. Vanguard Group Inc. lifted its holdings in Pool by 1.7% in the third quarter. Vanguard Group Inc. now owns 3,392,184 shares of the specialty retailer’s stock worth $566,088,000 after buying an additional 57,784 shares during the period. Vanguard Group Inc lifted its holdings in Pool by 1.7% in the third quarter. Vanguard Group Inc now owns 3,392,184 shares of the specialty retailer’s stock worth $566,088,000 after buying an additional 57,784 shares during the period. JPMorgan Chase & Co. lifted its holdings in Pool by 3.6% in the third quarter. JPMorgan Chase & Co. now owns 2,183,091 shares of the specialty retailer’s stock worth $364,314,000 after buying an additional 76,594 shares during the period. Finally, FMR LLC lifted its holdings in Pool by 5.6% in the second quarter. FMR LLC now owns 1,156,051 shares of the specialty retailer’s stock worth $175,142,000 after buying an additional 61,632 shares during the period. Institutional investors own 94.39% of the company’s stock.
In other news, CEO De La Mesa Manuel J. Perez sold 20,448 shares of the stock in a transaction dated Monday, December 3rd. The shares were sold at an average price of $162.28, for a total transaction of $3,318,301.44. Following the completion of the sale, the chief executive officer now directly owns 69,001 shares in the company, valued at $11,197,482.28. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO De La Mesa Manuel J. Perez sold 10,300 shares of the stock in a transaction dated Thursday, November 29th. The stock was sold at an average price of $160.98, for a total transaction of $1,658,094.00. Following the sale, the chief executive officer now owns 69,001 shares of the company’s stock, valued at $11,107,780.98. The disclosure for this sale can be found here. Corporate insiders own 6.00% of the company’s stock.
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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