Pool Co. (NASDAQ:POOL) Given Average Rating of “Hold” by Analysts
From MarketBeat:
Pool Co. (NASDAQ:POOL) has an average analyst rating of “Hold,” with 1 sell rating, 5 hold ratings, and 5 buy ratings. The average 12-month target price is $381.82. Deutsche Bank downgraded Pool to “hold” with a target price of $368.00. Oppenheimer also lowered their price target to $370.00 and gave an “outperform” rating.
NASDAQ POOL opened at $377.73. The firm’s 50-day moving average is $360.93, and the 200-day moving average is $358.79. Pool’s 12-month low is $299.35, and the high is $423.97. The company has a market capitalization of $14.61 billion.
Pool Corporation announced a quarterly dividend of $1.10 per share, yielding 1.16%. The ex-dividend date was November 7th, and the payout ratio is 31.84%.
Institutional investors have recently increased their holdings in Pool. Morgan Stanley owns 1,204,052 shares, JPMorgan Chase & Co. holds 865,362 shares, and Adage Capital Partners GP L.L.C. increased its stake to 240,623 shares.
Pool Corporation distributes swimming pool supplies, equipment, and leisure products in the U.S. and internationally. The company offers maintenance products, repair and replacement parts, and building materials for pool installations and remodeling. On average, analysts expect Pool to post earnings per share of 13.16 for the current fiscal year.
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