Wall Street brokerages forecast that Pool (NASDAQ:POOL) will post $0.70 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Pool’s earnings. The lowest EPS estimate is $0.66 and the highest is $0.74. Pool reported earnings per share of $0.40 in the same quarter last year, which indicates a positive year-over-year growth rate of 75%. The business is scheduled to announce its next quarterly earnings report before the market opens on Thursday, April 19th.
On average, analysts expect that Pool will report full year earnings of $5.48 per share for the current year, with EPS estimates ranging from $5.40 to $5.51. For the next financial year, analysts anticipate that the business will post earnings of $5.98 per share, with EPS estimates ranging from $5.85 to $6.10. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that cover Pool.
Pool (NASDAQ:POOL) last released its earnings results on Thursday, April 19th. The specialty retailer reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.62). Pool had a return on equity of 70.46% and a net margin of 6.87%.
In other Pool news, VP Arthur D. Cook sold 48,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $148.00, for a total value of $7,104,000.00. Following the sale, the vice president now owns 103,633 shares in the company, valued at $15,337,684. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO De La Mesa Manuel J. Perez sold 1,300 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $148.26, for a total value of $192,738.00. Following the completion of the transaction, the chief executive officer now directly owns 53,058 shares in the company, valued at approximately $7,866,379.08. The disclosure for this sale can be found here. Insiders sold 128,000 shares of company stock worth $18,685,004 in the last 90 days. Corporate insiders own 6.00% of the company’s stock.
Several institutional investors have recently bought and sold shares of POOL. Tower Research Capital LLC TRC acquired a new position in shares of Pool in the fourth quarter valued at approximately $144,000. Ladenburg Thalmann Financial Services Inc. grew its position in shares of Pool by 42.9% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,446 shares of the specialty retailer’s stock valued at $188,000 after purchasing an additional 434 shares during the last quarter. Koch Industries Inc. acquired a new position in shares of Pool in the fourth quarter valued at approximately $220,000. Amundi Pioneer Asset Management Inc. acquired a new position in shares of Pool in the fourth quarter valued at approximately $229,000. Finally, Eagle Boston Investment Management Inc. acquired a new position in shares of Pool in the fourth quarter valued at approximately $246,000. 95.29% of the stock is currently owned by institutional investors.
POOL traded down $0.44 on Friday, hitting $145.48. 123,651 shares of the company were exchanged, compared to its average volume of 215,034. Pool has a 12 month low of $97.25 and a 12 month high of $150.26. The firm has a market capitalization of $5,918.73, a PE ratio of 36.46 and a beta of 0.81. The company has a debt-to-equity ratio of 2.28, a quick ratio of 0.76 and a current ratio of 2.43.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 29th. Shareholders of record on Friday, March 16th were paid a $0.37 dividend. The ex-dividend date was Thursday, March 15th. This represents a $1.48 annualized dividend and a yield of 1.02%. Pool’s dividend payout ratio is 37.09%.
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.
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