Equities analysts forecast that Pool Co. (NASDAQ:POOL) will report $1.07 billion in sales for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Pool’s earnings. The highest sales estimate is $1.09 billion and the lowest is $1.06 billion. Pool reported sales of $1.12 billion during the same quarter last year, which would suggest a negative year-over-year growth rate of 4.5%. The business is scheduled to issue its next quarterly earnings report on Thursday, July 16th.

On average, analysts expect that Pool will report full year sales of $3.20 billion for the current year, with estimates ranging from $3.15 billion to $3.25 billion. For the next year, analysts forecast that the firm will report sales of $3.43 billion, with estimates ranging from $3.31 billion to $3.52 billion. Zacks’ sales calculations are an average based on a survey of research analysts that cover Pool.

Pool (NASDAQ:POOL) last released its earnings results on Thursday, April 23rd. The specialty retailer reported $0.71 EPS for the quarter, topping the consensus estimate of $0.65 by $0.06. Pool had a net margin of 7.92% and a return on equity of 69.42%. The firm had revenue of $677.30 million for the quarter, compared to the consensus estimate of $629.97 million. During the same quarter in the previous year, the firm earned $0.80 earnings per share. The company’s quarterly revenue was up 13.4% compared to the same quarter last year.

POOL has been the topic of several research analyst reports. KeyCorp boosted their target price on shares of Pool from $225.00 to $250.00 and gave the stock an “overweight” rating in a report on Tuesday. Berenberg Bank raised shares of Pool from a “hold” rating to a “buy” rating and set a $247.00 target price on the stock in a report on Monday, May 4th. Loop Capital decreased their price target on shares of Pool from $227.00 to $202.00 in a research note on Friday, April 3rd. Stephens upped their price target on shares of Pool from $195.00 to $205.00 and gave the company an “equal weight” rating in a research note on Monday, April 27th. Finally, Zacks Investment Research downgraded shares of Pool from a “hold” rating to a “sell” rating and set a $251.00 price target on the stock. in a research note on Friday. One research analyst has rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $227.43.

Shares of POOL stock traded down $0.17 during mid-day trading on Wednesday, hitting $238.18. The company had a trading volume of 369,620 shares, compared to its average volume of 329,080. Pool has a 52-week low of $160.35 and a 52-week high of $239.18. The stock’s 50 day moving average price is $208.39 and its 200-day moving average price is $210.73. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.90 and a quick ratio of 0.58. The company has a market capitalization of $9.52 billion, a P/E ratio of 37.45 and a beta of 0.74.

The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be paid a $0.58 dividend. The ex-dividend date is Thursday, May 14th. This represents a $2.32 annualized dividend and a dividend yield of 0.97%. This is an increase from Pool’s previous quarterly dividend of $0.55. Pool’s dividend payout ratio is currently 39.79%.

In other news, VP Romain Kenneth G. St sold 1,592 shares of the stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $221.95, for a total value of $353,344.40. Following the sale, the vice president now owns 110,137 shares of the company’s stock, valued at $24,444,907.15. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Arthur D. Cook sold 5,003 shares of the stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $195.00, for a total transaction of $975,585.00. Following the completion of the sale, the vice president now directly owns 39,152 shares in the company, valued at approximately $7,634,640. The disclosure for this sale can be found here. In the last three months, insiders sold 24,897 shares of company stock worth $5,405,883. Insiders own 4.00% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Credit Agricole S A bought a new position in shares of Pool in the first quarter worth about $31,000. Valeo Financial Advisors LLC grew its holdings in shares of Pool by 397.3% in the first quarter. Valeo Financial Advisors LLC now owns 184 shares of the specialty retailer’s stock worth $37,000 after purchasing an additional 147 shares during the last quarter. Sowell Financial Services LLC grew its holdings in shares of Pool by 4,114.3% in the fourth quarter. Sowell Financial Services LLC now owns 295 shares of the specialty retailer’s stock worth $63,000 after purchasing an additional 288 shares during the last quarter. Fieldpoint Private Securities LLC grew its holdings in shares of Pool by 70.1% in the fourth quarter. Fieldpoint Private Securities LLC now owns 335 shares of the specialty retailer’s stock worth $71,000 after purchasing an additional 138 shares during the last quarter. Finally, Fred Alger Management LLC grew its holdings in shares of Pool by 21.8% in the fourth quarter. Fred Alger Management LLC now owns 397 shares of the specialty retailer’s stock worth $84,000 after purchasing an additional 71 shares during the last quarter. 92.60% of the stock is currently owned by institutional investors and hedge funds.

About Pool

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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