Pool (POOL) Set to Announce Earnings on Thursday

Pool (NASDAQ:POOL) is set to announce its earnings results before the market opens on Thursday, April 22nd. Analysts expect the company to announce earnings of $1.20 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Pool (NASDAQ:POOL) last announced its quarterly earnings results on Wednesday, February 10th. The specialty retailer reported $1.45 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.68. The company had revenue of $839.26 million for the quarter, compared to analysts’ expectations of $709.02 million. Pool had a net margin of 8.85% and a return on equity of 70.48%. On average, analysts expect Pool to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Shares of Pool stock opened at $386.06 on Wednesday. The stock has a market cap of $15.50 billion, a price-to-earnings ratio of 48.38 and a beta of 0.72. The firm’s 50-day moving average is $349.04 and its 200 day moving average is $351.12. Pool has a 1 year low of $183.02 and a 1 year high of $401.29. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.21 and a quick ratio of 0.94.

The company also recently declared a quarterly dividend, which was paid on Thursday, March 25th. Investors of record on Thursday, March 11th were paid a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date of this dividend was Wednesday, March 10th. Pool’s payout ratio is 39.79%.

In other news, CEO Peter D. Arvan bought 500 shares of Pool stock in a transaction that occurred on Friday, March 5th. The stock was bought at an average cost of $316.03 per share, with a total value of $158,015.00. Following the acquisition, the chief executive officer now owns 59,683 shares of the company’s stock, valued at approximately $18,861,618.49. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 4.00% of the company’s stock.

Several equities analysts have issued reports on the stock. Loop Capital upped their target price on shares of Pool from $390.00 to $405.00 and gave the company a “hold” rating in a research note on Tuesday. Zacks Investment Research cut shares of Pool from a “buy” rating to a “hold” rating and set a $362.00 target price on the stock. in a research note on Wednesday, March 17th. Finally, Jefferies Financial Group upped their target price on shares of Pool from $350.00 to $400.00 and gave the company a “hold” rating in a research note on Friday, January 15th. Five analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Pool currently has an average rating of “Buy” and an average target price of $322.00.

About Pool

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally. 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; fiberglass pools, and hot tubs and 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 related products consisting of irrigation system components, and professional lawn care equipment and supplies.

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Earnings History for Pool (NASDAQ:POOL)

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