Bank of America Issues Pessimistic Forecast for Pool (NASDAQ:POOL) Stock Price

Pool (NASDAQ:POOL) had its price objective dropped by analysts at Bank of America from $226.00 to $206.00 in a report released on Monday,Benzinga reports. The firm currently has an “underperform” rating on the specialty retailer’s stock. Bank of America‘s price target would indicate a potential upside of 3.21% from the company’s current price.

POOL has been the subject of a number of other reports. Stifel Nicolaus raised their target price on Pool from $210.00 to $235.00 and gave the company a “hold” rating in a research note on Monday, July 6th. Wells Fargo & Company reduced their price target on shares of Pool from $230.00 to $215.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. Wall Street Zen raised shares of Pool from a “sell” rating to a “hold” rating in a report on Monday, April 27th. Zacks Research upgraded shares of Pool from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Weiss Ratings downgraded shares of Pool from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, May 14th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $262.00.

Pool Price Performance

NASDAQ POOL traded down $1.58 during trading hours on Monday, reaching $199.59. 540,091 shares of the company’s stock were exchanged, compared to its average volume of 887,778. The firm has a fifty day moving average of $194.75 and a 200-day moving average of $217.48. Pool has a one year low of $172.68 and a one year high of $345.00. The stock has a market cap of $7.27 billion, a PE ratio of 18.35, a price-to-earnings-growth ratio of 2.55 and a beta of 1.05. The company has a current ratio of 1.87, a quick ratio of 0.55 and a debt-to-equity ratio of 1.09.

Pool (NASDAQ:POOL) last issued its quarterly earnings data on Thursday, April 23rd. The specialty retailer reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.09. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.82 billion. Pool had a return on equity of 32.37% and a net margin of 7.57%.The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.32 EPS. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. On average, equities research analysts predict that Pool will post 11.08 earnings per share for the current fiscal year.

Pool declared that its Board of Directors has authorized a stock buyback plan on Wednesday, April 29th that allows the company to repurchase $600.00 million in outstanding shares. This repurchase authorization allows the specialty retailer to purchase up to 7.8% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling at Pool

In other Pool news, Director James D. Hope bought 464 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was bought at an average price of $194.41 per share, for a total transaction of $90,206.24. Following the transaction, the director owned 3,678 shares of the company’s stock, valued at approximately $715,039.98. The trade was a 14.44% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director De La Mesa Manuel J. Perez purchased 10,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was bought at an average cost of $175.95 per share, for a total transaction of $1,759,500.00. Following the purchase, the director owned 40,108 shares in the company, valued at $7,057,002.60. This trade represents a 33.21% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 21,989 shares of company stock valued at $4,042,747 in the last three months. Insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Pool

A number of institutional investors have recently made changes to their positions in the stock. Annis Gardner Whiting Capital Advisors LLC raised its stake in Pool by 20.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 270 shares of the specialty retailer’s stock worth $62,000 after buying an additional 45 shares in the last quarter. Wealthspire Advisors LLC increased its holdings in shares of Pool by 4.8% in the 4th quarter. Wealthspire Advisors LLC now owns 1,051 shares of the specialty retailer’s stock valued at $240,000 after acquiring an additional 48 shares during the period. Pacer Advisors Inc. increased its holdings in shares of Pool by 1.5% in the 1st quarter. Pacer Advisors Inc. now owns 3,384 shares of the specialty retailer’s stock valued at $685,000 after acquiring an additional 51 shares during the period. Snowden Capital Advisors LLC raised its position in shares of Pool by 4.8% in the 2nd quarter. Snowden Capital Advisors LLC now owns 1,163 shares of the specialty retailer’s stock worth $339,000 after acquiring an additional 53 shares in the last quarter. Finally, Private Trust Co. NA lifted its stake in shares of Pool by 78.6% during the 4th quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock worth $29,000 after purchasing an additional 55 shares during the last quarter. 98.99% of the stock is owned by institutional investors and hedge funds.

Pool Company Profile

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.