Pool (NASDAQ:POOL) declared a quarterly dividend on Thursday, March 1st, RTT News reports. Shareholders of record on Friday, March 16th will be given a dividend of 0.37 per share by the specialty retailer on Thursday, March 29th. This represents a $1.48 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend is Thursday, March 15th.
Shares of NASDAQ:POOL traded down $0.36 during midday trading on Thursday, reaching $147.63. The company had a trading volume of 303,995 shares, compared to its average volume of 231,437. The company has a debt-to-equity ratio of 2.28, a quick ratio of 0.76 and a current ratio of 2.43. The company has a market capitalization of $5,934.15, a P/E ratio of 37.00 and a beta of 0.81. Pool has a 52-week low of $97.25 and a 52-week high of $150.26.
Pool (NASDAQ:POOL) last issued its quarterly earnings results on Thursday, February 15th. The specialty retailer reported $0.21 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.04. Pool had a net margin of 6.87% and a return on equity of 70.46%. The company had revenue of $510.18 million for the quarter. During the same period last year, the firm posted $0.06 earnings per share. Pool’s quarterly revenue was up 14.6% compared to the same quarter last year. research analysts predict that Pool will post 5.48 earnings per share for the current year.
A number of brokerages recently issued reports on POOL. ValuEngine upgraded Pool from a “hold” rating to a “buy” rating in a research note on Wednesday. Robert W. Baird reiterated a “buy” rating and set a $158.00 price target on shares of Pool in a research report on Friday, February 16th. Stephens set a $160.00 price target on Pool and gave the company a “hold” rating in a research report on Thursday, February 15th. BidaskClub upgraded Pool from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 30th. Finally, Zacks Investment Research upgraded Pool from a “hold” rating to a “buy” rating and set a $161.00 price target on the stock in a research report on Thursday, February 22nd. One investment analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Pool presently has an average rating of “Buy” and an average price target of $147.60.
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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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