Pool (POOL) to Release Quarterly Earnings on Thursday

Pool (NASDAQ:POOL) is scheduled to be releasing its earnings data before the market opens on Thursday, April 25th. Analysts expect Pool to post earnings of $1.86 per share for the quarter. Pool has set its FY 2024 guidance at 13.100-14.100 EPS and its FY24 guidance at $13.00 to $14.00 EPS.Parties interested in registering for the company’s conference call can do so using this link.

Pool (NASDAQ:POOL) last posted its quarterly earnings data on Thursday, February 22nd. The specialty retailer reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.02. The business had revenue of $1 billion during the quarter, compared to analyst estimates of $1.02 billion. Pool had a net margin of 9.44% and a return on equity of 37.94%. The company’s revenue was down 8.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.79 earnings per share. On average, analysts expect Pool to post $13 EPS for the current fiscal year and $15 EPS for the next fiscal year.

Pool Stock Performance

NASDAQ:POOL opened at $374.99 on Wednesday. The firm has a 50 day simple moving average of $393.61 and a 200-day simple moving average of $373.27. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.36 and a quick ratio of 0.58. The firm has a market cap of $14.43 billion, a PE ratio of 28.15, a P/E/G ratio of 3.35 and a beta of 1.00. Pool has a 1-year low of $307.77 and a 1-year high of $422.73.

Pool Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 14th were given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date was Wednesday, March 13th. Pool’s dividend payout ratio is presently 33.03%.

Insider Transactions at Pool

In other news, General Counsel Jennifer M. Neil sold 1,100 shares of the stock in a transaction on Friday, March 1st. The shares were sold at an average price of $401.00, for a total value of $441,100.00. Following the completion of the sale, the general counsel now owns 8,622 shares of the company’s stock, valued at $3,457,422. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 3.00% of the company’s stock.

Analyst Ratings Changes

POOL has been the subject of a number of analyst reports. Loop Capital lowered shares of Pool from a “buy” rating to a “hold” rating and boosted their price objective for the company from $380.00 to $415.00 in a research report on Monday, January 8th. Stifel Nicolaus reaffirmed a “hold” rating and set a $370.00 price target on shares of Pool in a research report on Tuesday, March 5th. TheStreet lowered shares of Pool from a “b” rating to a “c+” rating in a research report on Thursday, February 22nd. Finally, Oppenheimer upped their price target on shares of Pool from $407.00 to $436.00 and gave the stock an “outperform” rating in a research report on Thursday, March 28th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, Pool currently has a consensus rating of “Hold” and a consensus target price of $397.80.

Pool Company Profile

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; and building materials, such as concrete, plumbing and electrical components, functional and decorative pool surfaces, decking materials, tiles, hardscapes, and natural stones for pool installations and remodeling.