Equities research analysts predict that Pool Co. (NASDAQ:POOL) will announce $3.25 earnings per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Pool’s earnings, with estimates ranging from $3.22 to $3.30. Pool posted earnings of $2.80 per share in the same quarter last year, which indicates a positive year over year growth rate of 16.1%. The business is scheduled to issue its next quarterly earnings report on Thursday, July 18th.

On average, analysts expect that Pool will report full year earnings of $6.25 per share for the current financial year, with EPS estimates ranging from $6.22 to $6.27. For the next financial year, analysts expect that the business will post earnings of $6.87 per share, with EPS estimates ranging from $6.74 to $7.05. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover Pool.

Pool (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, April 18th. The specialty retailer reported $0.59 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by ($0.05). Pool had a net margin of 7.83% and a return on equity of 79.99%. The business had revenue of $597.50 million during the quarter, compared to analysts’ expectations of $608.36 million. During the same quarter in the previous year, the firm earned $0.75 earnings per share. Pool’s revenue was up 2.0% on a year-over-year basis.

Several brokerages have weighed in on POOL. BidaskClub raised Pool from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, May 7th. Zacks Investment Research cut Pool from a “buy” rating to a “hold” rating in a research note on Monday, February 18th. ValuEngine raised Pool from a “hold” rating to a “buy” rating in a research note on Wednesday, February 27th. Robert W. Baird raised Pool from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $160.00 to $177.00 in a research note on Friday, February 22nd. Finally, Stephens set a $186.00 price objective on Pool and gave the stock a “hold” rating in a research note on Tuesday, April 23rd. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $171.20.

In other news, Director Harlan F. Seymour sold 8,000 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $181.09, for a total transaction of $1,448,720.00. Following the transaction, the director now owns 8,861 shares of the company’s stock, valued at $1,604,638.49. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Hart Melanie Housey sold 1,600 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $185.20, for a total value of $296,320.00. Following the transaction, the vice president now directly owns 11,884 shares in the company, valued at approximately $2,200,916.80. The disclosure for this sale can be found here. Insiders have sold 213,612 shares of company stock worth $37,530,142 over the last three months. 6.00% of the stock is currently owned by insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Synovus Financial Corp grew its stake in Pool by 1.5% in the fourth quarter. Synovus Financial Corp now owns 6,711 shares of the specialty retailer’s stock worth $998,000 after purchasing an additional 97 shares in the last quarter. Utah Retirement Systems grew its stake in Pool by 1.4% in the fourth quarter. Utah Retirement Systems now owns 7,400 shares of the specialty retailer’s stock worth $1,100,000 after purchasing an additional 100 shares in the last quarter. AQR Capital Management LLC grew its stake in Pool by 0.3% in the first quarter. AQR Capital Management LLC now owns 41,013 shares of the specialty retailer’s stock worth $6,766,000 after purchasing an additional 130 shares in the last quarter. Oregon Public Employees Retirement Fund grew its stake in Pool by 1.0% in the first quarter. Oregon Public Employees Retirement Fund now owns 16,118 shares of the specialty retailer’s stock worth $2,659,000 after purchasing an additional 152 shares in the last quarter. Finally, Great Lakes Advisors LLC grew its stake in Pool by 4.5% in the first quarter. Great Lakes Advisors LLC now owns 3,801 shares of the specialty retailer’s stock worth $628,000 after purchasing an additional 163 shares in the last quarter. 94.59% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ:POOL traded down $0.73 during mid-day trading on Friday, reaching $190.29. The stock had a trading volume of 1,579 shares, compared to its average volume of 167,853. The company has a current ratio of 1.96, a quick ratio of 0.60 and a debt-to-equity ratio of 3.01. The company has a market capitalization of $7.49 billion, a P/E ratio of 33.77, a P/E/G ratio of 1.32 and a beta of 0.93. Pool has a 1 year low of $136.83 and a 1 year high of $193.03.

Pool announced that its Board of Directors has authorized a stock buyback program on Thursday, May 2nd that authorizes the company to buyback $200.00 million in outstanding shares. This buyback authorization authorizes the specialty retailer to purchase up to 2.8% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Friday, May 17th were paid a dividend of $0.55 per share. This is a boost from Pool’s previous quarterly dividend of $0.45. This represents a $2.20 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend was Thursday, May 16th. Pool’s payout ratio is presently 39.15%.

Pool Company Profile

Pool Corp. engages in the wholesale distribution of swimming pool supplies, equipment and related leisure products. It also provides irrigation and landscape products. The company was founded in 1993 and is headquartered in Covington, LA.

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Earnings History and Estimates for Pool (NASDAQ:POOL)

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