Pool Corporation (NASDAQ: POOL) is -5.36% lower on its value in year-to-date trading and has touched a low of $293.51 and a high of $422.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The POOL stock was last observed hovering at around $350.68 in the last trading session, with the day’s gains setting it 26.65%.
Currently trading at $377.33, the stock is 2.85% and 5.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.64 million and changing 7.60% at the moment leaves the stock 3.22% off its SMA200. POOL registered 17.25% gain for a year compared to 6-month loss of 1.98%. The firm has a 50-day simple moving average (SMA 50) of $359.2186 and a 200-day simple moving average (SMA200) of $365.55316.
The stock witnessed a 3.08% gain in the last 1 month and extending the period to 3 months gives it a 1.48%, and is 2.14% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.59% over the week and 2.11% over the month.
Pool Corporation (POOL) has around 6000 employees, a market worth around $14.44B and $5.37B in sales. Current P/E ratio is 31.78 and Fwd P/E is 31.29. Profit margin for the company is 8.54%. Distance from 52-week low is 28.56% and -10.74% from its 52-week high. The company has generated returns on investments over the last 12 months (16.83%).
The EPS is expected to shrink by -16.18% this year
1053.0 institutions hold shares in Pool Corporation (POOL), with institutional investors hold 108.29% of the company’s shares. The shares outstanding are 38.35M, and float is at 37.13M with Short Float at 8.88%. Institutions hold 105.06% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 4.42 million shares valued at $1.36 billion. The investor’s holdings represent 11.5912 of the POOL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.3 million shares valued at $1.02 billion to account for 8.6685 of the shares outstanding. The other top investors are KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC which holds 2.1 million shares representing 5.516 and valued at over $646.29 million, while STATE STREET CORP holds 4.164 of the shares totaling 1.59 million with a market value of $487.88 million.
Pool Corporation (POOL) Insider Activity
The most recent transaction is an insider sale by NEIL JENNIFER M, the company’s General Counsel/Secretary. SEC filings show that NEIL JENNIFER M sold 1,100 shares of the company’s common stock on Mar 01 ’24 at a price of $401.00 per share for a total of $0.44 million. Following the sale, the insider now owns 8622.0 shares.
Pool Corporation disclosed in a document filed with the SEC on Feb 26 ’24 that PEREZ DE LA MESA MANUEL J (Director) sold a total of 33,988 shares of the company’s common stock. The trade occurred on Feb 26 ’24 and was made at $387.13 per share for $13.16 million. Following the transaction, the insider now directly holds 62577.0 shares of the POOL stock.
Still, SEC filings show that on Feb 27 ’24, PEREZ DE LA MESA MANUEL J (Director) disposed off 3,512 shares at an average price of $388.08 for $1.36 million. The insider now directly holds 62,577 shares of Pool Corporation (POOL).
