Pool Corporation (POOL) Getting Somewhat Positive Press Coverage, Study Shows
Press coverage about Pool Corporation (NASDAQ:POOL) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pool Corporation earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned headlines about the specialty retailer an impact score of 46.6816594099602 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- William Blair Research Analysts Cut Earnings Estimates for Pool Corporation (POOL) (americanbankingnews.com)
- Balancing Pool moves to cut losses by cancelling PPAs (calgaryherald.com)
- Balancing Pool Provides Notice to Terminate the Sundance Alberta Power Purchase Arrangements (finance.yahoo.com)
- Pool Corporation (POOL) Given Consensus Rating of “Buy” by Brokerages (americanbankingnews.com)
- Senate backs massive increase in military spending (feeds.reuters.com)
Shares of Pool Corporation (NASDAQ POOL) opened at 107.95 on Thursday. The firm has a market cap of $4.45 billion, a P/E ratio of 28.06 and a beta of 0.92. The firm has a 50 day moving average price of $104.62 and a 200-day moving average price of $115.15. Pool Corporation has a one year low of $88.65 and a one year high of $124.26.
Pool Corporation (NASDAQ:POOL) last released its quarterly earnings results on Thursday, July 20th. The specialty retailer reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.24 by ($0.03). The firm had revenue of $988.16 million during the quarter. Pool Corporation had a return on equity of 63.34% and a net margin of 6.15%. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.98 earnings per share. Analysts forecast that Pool Corporation will post $4.11 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, August 23rd. Stockholders of record on Wednesday, August 9th were issued a $0.37 dividend. The ex-dividend date was Monday, August 7th. This represents a $1.48 annualized dividend and a dividend yield of 1.37%. Pool Corporation’s payout ratio is currently 38.74%.
POOL has been the topic of a number of recent research reports. Zacks Investment Research upgraded Pool Corporation from a “hold” rating to a “buy” rating and set a $137.00 price objective on the stock in a research note on Friday, June 16th. BidaskClub lowered Pool Corporation from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 16th. Sidoti upgraded Pool Corporation from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $119.00 to $131.00 in a research note on Friday, September 15th. Finally, Johnson Rice upgraded Pool Corporation from an “accumulate” rating to a “buy” rating in a research note on Monday, July 24th. One research analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. Pool Corporation presently has an average rating of “Buy” and an average price target of $127.00.
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About Pool Corporation
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).
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