Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Pool Corporation (POOL) Stock Price
Headlines about Pool Corporation (NASDAQ:POOL) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pool Corporation earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave media coverage about the specialty retailer an impact score of 48.3890880653478 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the headlines that may have impacted Accern’s analysis:
- Pool of neglect overflows in Asif Nagar, locals fume (timesofindia.indiatimes.com)
- Pool Corporation (POOL) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
- Pool Corporation to Host Third Quarter 2017 Earnings Conference Call (finance.yahoo.com)
- Pool Corporation (POOL) Set to Announce Quarterly Earnings on Wednesday (americanbankingnews.com)
Several brokerages recently issued reports on POOL. Zacks Investment Research raised Pool Corporation from a “hold” rating to a “buy” rating and set a $119.00 target price on the stock in a research note on Tuesday, July 25th. Sidoti raised Pool Corporation from a “neutral” rating to a “buy” rating and lifted their target price for the company from $119.00 to $131.00 in a research note on Friday, September 15th. BidaskClub downgraded Pool Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, August 24th. Finally, Johnson Rice raised Pool Corporation from an “accumulate” rating to a “buy” rating in a research note on Monday, July 24th. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $127.00.
Shares of Pool Corporation (NASDAQ:POOL) opened at 112.42 on Friday. The company has a market cap of $4.63 billion, a P/E ratio of 29.22 and a beta of 0.92. The firm has a 50-day moving average price of $106.32 and a 200-day moving average price of $114.05. Pool Corporation has a 1-year low of $88.65 and a 1-year high of $124.26.
Pool Corporation (NASDAQ:POOL) last announced its earnings results on Thursday, October 19th. The specialty retailer reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $1.23 by ($1.17). Pool Corporation had a net margin of 6.15% and a return on equity of 63.34%. On average, equities analysts expect that Pool Corporation will post $4.11 EPS for the current year.
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About Pool Corporation
Pool Corporation is a distributor of swimming pool supplies, equipment and related leisure products. The Company is a distributor of irrigation and landscape products in the United States. As of December 31, 2016, the Company operated 344 sales centers in North America, Europe, South America and Australia, through its four distribution networks, including SCP Distributors (SCP), Superior Pool Products (Superior), Horizon Distributors (Horizon) and National Pool Tile (NPT).
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