Analysts forecast that Pool Co. (NASDAQ:POOL) will report $556.24 million in sales for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Pool’s earnings. The highest sales estimate is $560.00 million and the lowest is $553.02 million. Pool posted sales of $510.18 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 9%. The firm is scheduled to issue its next earnings report on Thursday, February 21st.

According to Zacks, analysts expect that Pool will report full-year sales of $3.01 billion for the current fiscal year, with estimates ranging from $3.01 billion to $3.02 billion. For the next financial year, analysts expect that the company will post sales of $3.26 billion, with estimates ranging from $3.24 billion to $3.31 billion. Zacks’ sales averages are a mean average based on a survey of research firms that follow Pool.

Pool (NASDAQ:POOL) last issued its quarterly earnings results on Thursday, October 18th. The specialty retailer reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. The company had revenue of $811.31 million during the quarter. Pool had a net margin of 8.21% and a return on equity of 78.04%. The company’s revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.16 earnings per share.

A number of brokerages have recently weighed in on POOL. Zacks Investment Research lowered shares of Pool from a “buy” rating to a “hold” rating in a research note on Tuesday, September 18th. BidaskClub raised shares of Pool from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 7th. Finally, Jefferies Financial Group began coverage on shares of Pool in a research note on Friday, October 12th. They issued a “hold” rating and a $145.00 price target for the company. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $157.20.

In other news, Director Robert C. Sledd sold 5,766 shares of the business’s stock in a transaction that occurred on Monday, August 27th. The shares were sold at an average price of $162.96, for a total transaction of $939,627.36. Following the sale, the director now owns 23,246 shares in the company, valued at $3,788,168.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Arthur D. Cook sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, August 30th. The shares were sold at an average price of $164.11, for a total transaction of $1,641,100.00. Following the sale, the insider now owns 65,357 shares in the company, valued at approximately $10,725,737.27. The disclosure for this sale can be found here. Insiders sold a total of 30,766 shares of company stock worth $5,012,367 over the last quarter. Insiders own 6.00% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in POOL. Royal Bank of Canada raised its holdings in shares of Pool by 7.1% during the first quarter. Royal Bank of Canada now owns 20,764 shares of the specialty retailer’s stock valued at $3,036,000 after acquiring an additional 1,369 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Pool by 2.5% during the first quarter. Principal Financial Group Inc. now owns 205,748 shares of the specialty retailer’s stock valued at $30,085,000 after acquiring an additional 4,922 shares during the period. State of Alaska Department of Revenue raised its holdings in shares of Pool by 32.3% during the second quarter. State of Alaska Department of Revenue now owns 4,750 shares of the specialty retailer’s stock valued at $719,000 after acquiring an additional 1,160 shares during the period. Amalgamated Bank raised its holdings in shares of Pool by 9.7% during the second quarter. Amalgamated Bank now owns 9,607 shares of the specialty retailer’s stock valued at $1,455,000 after acquiring an additional 853 shares during the period. Finally, Nisa Investment Advisors LLC raised its holdings in shares of Pool by 20.5% during the second quarter. Nisa Investment Advisors LLC now owns 17,650 shares of the specialty retailer’s stock valued at $2,674,000 after acquiring an additional 3,000 shares during the period. Institutional investors and hedge funds own 94.79% of the company’s stock.

Shares of NASDAQ:POOL traded down $1.59 during trading on Friday, reaching $150.81. The company had a trading volume of 11,989 shares, compared to its average volume of 330,321. The firm has a market cap of $6.22 billion, a P/E ratio of 37.62, a P/E/G ratio of 1.16 and a beta of 1.03. Pool has a twelve month low of $119.14 and a twelve month high of $175.87. The company has a current ratio of 3.29, a quick ratio of 1.18 and a debt-to-equity ratio of 1.53.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 29th. Investors of record on Thursday, November 15th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Wednesday, November 14th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.19%. Pool’s payout ratio is currently 45.11%.

About Pool

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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