Pool (POOL) Posts Earnings Results

Pool (NASDAQ:POOL) announced its earnings results on Thursday. The specialty retailer reported $0.21 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.04, Bloomberg Earnings reports. Pool had a net margin of 6.19% and a return on equity of 69.28%. The firm had revenue of $510.20 million for the quarter, compared to analyst estimates of $479.31 million. During the same quarter in the prior year, the business posted $0.06 EPS. The business’s revenue was up 14.6% compared to the same quarter last year. Pool updated its FY18 guidance to $5.36-5.61 EPS.

Shares of Pool (NASDAQ:POOL) opened at $134.27 on Thursday. The company has a current ratio of 2.61, a quick ratio of 1.03 and a debt-to-equity ratio of 2.64. The stock has a market cap of $5,238.96, a P/E ratio of 33.99 and a beta of 0.91. Pool has a 52-week low of $97.25 and a 52-week high of $138.46.

In related news, Director Robert C. Sledd sold 7,200 shares of the stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $131.02, for a total transaction of $943,344.00. Following the sale, the director now owns 23,814 shares in the company, valued at approximately $3,120,110.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 7.00% of the company’s stock.

POOL has been the topic of a number of analyst reports. BidaskClub lowered shares of Pool from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 10th. Robert W. Baird increased their target price on shares of Pool from $125.00 to $131.00 and gave the stock an “outperform” rating in a research report on Friday, October 20th. Six investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average price target of $127.25.

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Pool Company Profile

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).

Earnings History for Pool (NASDAQ:POOL)

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