Pool (NASDAQ:POOL) had its target price lowered by Robert W. Baird from $163.00 to $155.00 in a research report report published on Friday. The firm currently has a neutral rating on the specialty retailer’s stock.

Other equities research analysts have also recently issued research reports about the company. BidaskClub upgraded Pool from a buy rating to a strong-buy rating in a report on Friday, June 22nd. Zacks Investment Research cut Pool from a buy rating to a hold rating in a report on Wednesday, July 4th. Finally, Jefferies Financial Group initiated coverage on Pool in a report on Friday, October 12th. They set a hold rating and a $145.00 price objective on the stock. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Pool presently has an average rating of Hold and an average price target of $156.60.

NASDAQ:POOL traded down $1.31 during trading hours on Friday, reaching $141.03. 609,250 shares of the company traded hands, compared to its average volume of 339,005. The stock has a market cap of $5.75 billion, a PE ratio of 35.35, a price-to-earnings-growth ratio of 1.06 and a beta of 0.84. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.15 and a current ratio of 3.29. Pool has a 1-year low of $117.46 and a 1-year high of $175.87.

Pool (NASDAQ:POOL) last announced its earnings results on Thursday, October 18th. The specialty retailer reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. The firm had revenue of $811.31 million for the quarter, compared to analysts’ expectations of $804.30 million. Pool had a return on equity of 78.04% and a net margin of 8.21%. Pool’s quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.16 EPS. As a group, equities research analysts predict that Pool will post 5.71 earnings per share for the current fiscal year.

In related news, CEO De La Mesa Manuel J. Perez sold 40,000 shares of the stock in a transaction on Tuesday, August 21st. The stock was sold at an average price of $161.52, for a total value of $6,460,800.00. Following the transaction, the chief executive officer now directly owns 60,258 shares of the company’s stock, valued at approximately $9,732,872.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Arthur D. Cook sold 2,000 shares of the stock in a transaction on Friday, August 24th. The stock was sold at an average price of $161.00, for a total value of $322,000.00. Following the completion of the transaction, the insider now directly owns 55,357 shares in the company, valued at $8,912,477. The disclosure for this sale can be found here. Insiders have sold 70,766 shares of company stock worth $11,473,167 in the last 90 days. Insiders own 6.00% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of POOL. NumerixS Investment Technologies Inc raised its position in Pool by 57.1% in the second quarter. NumerixS Investment Technologies Inc now owns 1,100 shares of the specialty retailer’s stock valued at $167,000 after purchasing an additional 400 shares during the period. HWG Holdings LP purchased a new position in Pool in the third quarter valued at about $179,000. Natixis purchased a new position in Pool in the second quarter valued at about $211,000. GAM Holding AG purchased a new position in Pool in the second quarter valued at about $255,000. Finally, First Hawaiian Bank purchased a new position in Pool in the third quarter valued at about $267,000. 93.92% of the stock is currently owned by institutional investors and hedge funds.

About Pool

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.

See Also: Float

Receive News & Ratings for Pool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pool and related companies with MarketBeat.com's FREE daily email newsletter.