Pool (NASDAQ:POOL) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Several other equities research analysts also recently issued reports on the company. BidaskClub downgraded Pool from a “strong-buy” rating to a “buy” rating in a report on Wednesday, January 10th. Robert W. Baird restated a “buy” rating and set a $158.00 price objective on shares of Pool in a report on Friday, February 16th. Stephens set a $160.00 price objective on Pool and gave the stock a “hold” rating in a report on Thursday, February 15th. Finally, Zacks Investment Research upgraded Pool from a “hold” rating to a “buy” rating and set a $161.00 price objective on the stock in a report on Thursday, February 22nd. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $152.50.

Pool stock opened at $141.13 on Friday. The company has a market cap of $5,957.27, a P/E ratio of 35.37 and a beta of 0.81. The company has a current ratio of 2.43, a quick ratio of 0.76 and a debt-to-equity ratio of 2.28. Pool has a one year low of $97.25 and a one year high of $150.26.

Pool (NASDAQ:POOL) last released its quarterly earnings results on Thursday, April 19th. The specialty retailer reported $0.75 EPS for the quarter, topping the consensus estimate of $0.71 by $0.04. The firm had revenue of $585.90 million for the quarter, compared to analyst estimates of $586.93 million. Pool had a return on equity of 70.46% and a net margin of 6.87%. Pool’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.52 EPS. sell-side analysts expect that Pool will post 5.48 EPS for the current year.

In other Pool news, VP Arthur D. Cook sold 48,000 shares of Pool stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $148.00, for a total transaction of $7,104,000.00. Following the sale, the vice president now directly owns 103,633 shares in the company, valued at approximately $15,337,684. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO De La Mesa Manuel J. Perez sold 1,300 shares of Pool stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $148.26, for a total value of $192,738.00. Following the sale, the chief executive officer now owns 53,058 shares in the company, valued at $7,866,379.08. The disclosure for this sale can be found here. Insiders have sold a total of 128,000 shares of company stock worth $18,685,004 over the last 90 days. 6.00% of the stock is owned by company insiders.

A number of hedge funds have recently bought and sold shares of POOL. Tower Research Capital LLC TRC bought a new stake in shares of Pool in the 4th quarter valued at approximately $144,000. Ladenburg Thalmann Financial Services Inc. increased its holdings in shares of Pool by 42.9% in the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,446 shares of the specialty retailer’s stock valued at $188,000 after acquiring an additional 434 shares during the last quarter. Koch Industries Inc. bought a new stake in shares of Pool in the 4th quarter valued at approximately $220,000. Amundi Pioneer Asset Management Inc. bought a new stake in shares of Pool in the 4th quarter valued at approximately $229,000. Finally, Eagle Boston Investment Management Inc. bought a new stake in shares of Pool in the 4th quarter valued at approximately $246,000. Institutional investors own 95.29% of the company’s stock.

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Pool Company Profile

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in North America, Europe, South America, and Australia. 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; 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 landscape products consisting of irrigation system components, and professional lawn care equipment and supplies.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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