Pool (NASDAQ:POOL) Reaches New 12-Month Low – Here’s What Happened

Pool Corporation (NASDAQ:POOL) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $210.67 and last traded at $212.7470, with a volume of 175567 shares. The stock had previously closed at $217.26.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Robert W. Baird cut their price objective on shares of Pool from $320.00 to $300.00 and set an “outperform” rating for the company in a report on Friday, February 20th. Stifel Nicolaus cut their price target on Pool from $240.00 to $232.00 and set a “hold” rating for the company in a research note on Monday. Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a research report on Monday, December 29th. Cfra raised Pool from a “hold” rating to a “buy” rating and set a $304.00 price objective on the stock in a report on Monday, December 22nd. Finally, Deutsche Bank Aktiengesellschaft set a $246.00 target price on Pool in a research note on Friday, February 20th. Five analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $281.50.

Pool Trading Down 1.4%

The company has a 50 day simple moving average of $248.89 and a 200 day simple moving average of $273.06. The company has a market capitalization of $7.98 billion, a PE ratio of 19.77, a price-to-earnings-growth ratio of 2.73 and a beta of 1.22. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.59 and a current ratio of 2.24.

Pool (NASDAQ:POOL) last issued its quarterly earnings results on Thursday, February 19th. The specialty retailer reported $0.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.15). Pool had a return on equity of 31.49% and a net margin of 7.67%.The firm had revenue of $982.21 million during the quarter, compared to analyst estimates of $999.14 million. During the same period in the prior year, the firm earned $0.97 earnings per share. The business’s revenue was down .5% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.850-11.150 EPS. Analysts anticipate that Pool Corporation will post 11.32 earnings per share for the current year.

Institutional Investors Weigh In On Pool

Hedge funds have recently modified their holdings of the business. CNB Bank grew its stake in Pool by 4.1% during the 3rd quarter. CNB Bank now owns 918 shares of the specialty retailer’s stock valued at $285,000 after acquiring an additional 36 shares in the last quarter. Keybank National Association OH boosted its holdings in shares of Pool by 4.2% during the 3rd quarter. Keybank National Association OH now owns 999 shares of the specialty retailer’s stock worth $310,000 after purchasing an additional 40 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its position in shares of Pool by 22.0% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 227 shares of the specialty retailer’s stock valued at $70,000 after purchasing an additional 41 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of Pool by 20.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 270 shares of the specialty retailer’s stock valued at $62,000 after purchasing an additional 45 shares in the last quarter. Finally, Mitchell & Pahl Private Wealth LLC increased its holdings in shares of Pool by 1.4% in the third quarter. Mitchell & Pahl Private Wealth LLC now owns 3,228 shares of the specialty retailer’s stock valued at $1,001,000 after purchasing an additional 46 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors and hedge funds.

About Pool

Pool Corporation is a leading wholesale distributor of swimming pool supplies, equipment, and related outdoor living products. Headquartered in Covington, Louisiana, the company serves a diverse customer base that includes service professionals, independent retailers, high-volume builders, and national retail chains. Pool Corporation’s extensive branch network enables it to maintain strong local customer relationships while leveraging its scale to source products efficiently from manufacturers around the world.

The company’s product portfolio spans pool and spa chemicals, water treatment equipment, pumps, filters, heaters, automation and control systems, liners, safety covers, and cleaning accessories.