Pool Corporation (NASDAQ:POOL) currently has a daily average trading volume of 489.01K but it saw 403794 shares traded on Wednesday. With a market cap of 12.88B USD, stock’s current market price of $332.39 came rising about 1.83 while comparing to the previous closing price of $326.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $572.76 and as low as $278.10. In the recent trading on the day, stock has struck highest price mark of $335.11 while lowest mark touched by it was $325.27.
Taking a look at 20-day trading activity of Pool Corporation (POOL) gives us an average price of $318.04, while its current price level is -41.97% below from 52-week high level whereas it is 19.52% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $317.24 while that of 200 days or SMA-200 reads an average of $378.67. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.23% during that period while stretching the period over a month that increases to 4.04%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 55.36 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Deutsche Bank which initiated the stock as “Hold” in its note to investors issued on August 18, 2022, recommending a price target of $431 for it. Robert W. Baird downgraded its recommendation for the stock as a “Neutral” from “Outperform” on July 14, 2022 while assigning a price target of $398. Longbow issued its recommendations for the stock as it upgraded the price target for the stock is $550.
Over the week, POOL’s stock price is moving -1.50% down while it is 11.34% when we observe its performance for the past one month. Year-to-date it is -41.27% down and over the past year, the stock is showing a downside performance of -40.81%.
The latest quarterly earnings report issued by the company was for quarter ended 9/29/2022, when its quarterly earnings per share (EPS) of $4.78 beat the consensus estimate of $4.56 for the same. For POOL, analysts are forecasting an EPS-growth rate of 18.10% for current year and estimate for EPS growth in next year is -7.60%. In next quarter, company is expected to be making quarterly sales of $1.36 billion as analysts are expecting the sales for current fiscal year at $6.23 billion and seeing the company making $6.12 billion in sales next year. Moreover, analysts are in estimates of $1.15 billion for current-quarter revenue.
Currently, Pool Corporation’s total number of outstanding shares is 39.21M with 3.06% of that held by the insiders while 101.95% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 29.20% and return on equity (ROE) at 73.00%. It has a price to earnings ratio (P/E ratio) of 16.92 while having a 19.14 of forward P/E ratio. Stock’s beta reads 0.81. Stock has a price to book (P/B) ratio of 10.94 while price to sale or P/S ratio amounts to 2.11. Its return on asset (ROA) is 23.10% on average.
A filing at the U.S. Securities and Exchange Commission revealed that Vanguard Total Stock Market Index came shrinking its share ownership by 0.76% in the Pool Corporation (POOL) increasing its stake to 2.89% with control over 8510.0 shares in the company. As per SEC documents, Vanguard Total Stock Market Index sought 1,128,375 of company’s common stock of worth $343.29 million as per recent closing price of the stock. Vanguard Total Stock Market Index is not the only institutional holder which restructured its stake in Pool Corporation, as Vanguard 500 Index Fund picked 906,049 shares of worth $275.65 million to bring its holdings to a total of 8834.0 shares. In the most recent quarter, Neuberger Berman Genesis Fund came cutting its stake by -2.65% in the company and now holds 0.74 million or 1.90% of the company’s stake having worth of about 225.53 million.