Pool (POOL) Receiving Somewhat Positive Media Coverage, Study Shows
Press coverage about Pool (NASDAQ:POOL) has been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pool earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave press coverage about the specialty retailer an impact score of 46.4034140076479 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- Premier Pools & Spas to Franchise Pool Service Company (prweb.com)
- ETFs with exposure to Pool Corp. : December 13, 2017 (finance.yahoo.com)
- Nine, Fairfax, News Corp unite against Facebook, Google (theaustralian.com.au)
- Percy Street Capital Corporation Announces Resumption of Trading (forextv.com)
- Mumbai: BMC’s Rs 25 crore pool project wastes away waiting for approvals (mid-day.com)
A number of research firms have commented on POOL. BidaskClub raised shares of Pool from a “buy” rating to a “strong-buy” rating in a report on Wednesday, December 6th. Sidoti raised shares of Pool from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $119.00 to $131.00 in a report on Friday, September 15th. Finally, Robert W. Baird lifted their price objective on shares of Pool from $125.00 to $131.00 and gave the stock an “outperform” rating in a report on Friday, October 20th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $127.25.
Shares of Pool (NASDAQ:POOL) traded up $0.06 on Thursday, hitting $127.72. 274,518 shares of the stock traded hands, compared to its average volume of 242,629. Pool has a 52 week low of $97.25 and a 52 week high of $130.92. The firm has a market capitalization of $5,138.54, a P/E ratio of 33.40 and a beta of 0.96. The company has a current ratio of 2.61, a quick ratio of 1.03 and a debt-to-equity ratio of 2.64.
Pool (NASDAQ:POOL) last announced its quarterly earnings results on Thursday, October 19th. The specialty retailer reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.02. Pool had a net margin of 6.19% and a return on equity of 69.28%. The company had revenue of $743.40 million during the quarter. During the same period last year, the firm posted $1.03 EPS. The business’s revenue was up 7.5% compared to the same quarter last year. equities analysts expect that Pool will post 4.07 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, November 28th. Stockholders of record on Wednesday, November 15th were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.16%. The ex-dividend date was Tuesday, November 14th. Pool’s dividend payout ratio (DPR) is 37.47%.
In other news, CEO De La Mesa Manuel J. Perez sold 47,628 shares of the business’s stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $120.73, for a total transaction of $5,750,128.44. Following the completion of the transaction, the chief executive officer now owns 61,708 shares of the company’s stock, valued at $7,450,006.84. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Harlan F. Seymour sold 15,502 shares of Pool stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of $118.87, for a total transaction of $1,842,722.74. Following the sale, the director now owns 15,995 shares in the company, valued at $1,901,325.65. The disclosure for this sale can be found here. Insiders own 7.00% of the company’s stock.
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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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