Pool (NASDAQ: POOL) will announce its results before the market opens on Thursday April 22nd. Analysts expect the company to post earnings of $ 1.20 per share for the quarter. Parties wishing to join the company’s conference call can do so using this link.
Pool (NASDAQ: POOL) last published its results on Wednesday, February 10th. The retailer reported earnings per share of $ 1.45 for the quarter, beating Thomson Reuters’ consensus estimate of $ 0.77 by $ 0.68. Pool had a net margin of 8.85% and a return on equity of 70.48%. The company posted revenue of $ 839.26 million for the quarter, compared to the consensus estimate of $ 709.02 million. On average, analysts expect Pool to have earnings per share of $ 8 for the current fiscal year and earnings per share of $ 9 for the next fiscal year.
The pool inventory opened on Thursday at $ 367.70. The stock has a 50-day simple moving average of $ 343.08 and a 200-day simple moving average of $ 349.54. The company has a quick rate of 0.94, a current rate of 2.21, and a leverage ratio of 0.56. Pool has a 12-month low of $ 183.02 and a 12-month high of $ 401.29. The stock has a market capitalization of $ 14.77 billion, a price to earnings ratio of 46.08, and a beta of 0.72.
The company recently decided on a quarterly dividend, which was paid on Thursday, March 25th. On Thursday, March 11th, a dividend of $ 0.58 was paid to registered investors. The ex-dividend day was Wednesday March 10th. This equates to a dividend of $ 2.32 on an annual basis and a dividend yield of 0.63%. Pool’s payout ratio is 39.79%.
In other news, CEO Peter D. Arvan acquired 500 shares of Pool stock in a transaction on Friday, March 5th. The stock was purchased at an average price of $ 316.03 per share for a total value of $ 158,015.00. Following the transaction, the chief executive officer now directly owns 59,683 shares in the company valued at approximately $ 18,861,618.49. The acquisition was announced in a legal filing with the SEC, which is available on the SEC website. Corporate insiders own 4.00% of the company’s stock.
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POOL has been the subject of several recent research reports. Jefferies Financial Group raised its target price for Pool from $ 350.00 to $ 400.00 and gave the stock a “Hold” rating in a report on Friday, January 15th. Zacks Investment Research cut the pool from a “buy” rating to a “hold” rating and set a price target of $ 362.00 for the company. in a report on Wednesday March 17th. Five investment analysts have given the stock a hold rating, three with a buy rating and one with a strong buy rating. Pool currently has an average rating of “Buy” and an average price target of $ 306.67.
Pool Corporation distributes pool accessories, equipment, and related recreational products in the United States and internationally. The company offers maintenance products, including chemicals, consumables, and pool accessories. Repair and replacement parts for pool equipment such as cleaners, filters, heaters, pumps and lights; Fiberglass pools and hot tubs and packaged pool kits consisting of walls, liners, brackets and covers for in-ground and above-ground pools; Pool equipment and components for the construction of new pools and the renovation of existing pools; Irrigation and related products, consisting of components of the irrigation system and professional equipment and supplies for lawn maintenance.
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