Pool Co. (NASDAQ:POOL) Receives $368.00 Consensus Price Target from Brokerages

Pool Co. (NASDAQ:POOL) has been given a consensus rating of “Hold” by the eight brokerages that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $368.00.

A number of research firms recently commented on POOL. Oppenheimer lifted their price objective on Pool from $380.00 to $386.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th. Wells Fargo & Company dropped their price objective on Pool from $370.00 to $360.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 4th. StockNews.com cut Pool from a “hold” rating to a “sell” rating in a report on Saturday, February 8th. Stifel Nicolaus lifted their price target on Pool from $335.00 to $340.00 and gave the company a “hold” rating in a report on Monday, October 28th. Finally, Loop Capital lifted their price target on Pool from $345.00 to $395.00 and gave the company a “hold” rating in a report on Friday, October 25th.

Pool Trading Up 1.5 %

Pool stock opened at $340.32 on Friday. The stock has a market cap of $12.95 billion, a PE ratio of 29.29, a P/E/G ratio of 1.92 and a beta of 1.03. The stock has a 50-day moving average price of $347.65 and a 200 day moving average price of $356.59. Pool has a 52 week low of $293.51 and a 52 week high of $422.73. The company has a current ratio of 2.39, a quick ratio of 0.77 and a debt-to-equity ratio of 0.61.

Hedge Funds Weigh In On Pool

Several hedge funds and other institutional investors have recently modified their holdings of POOL. Rakuten Securities Inc. boosted its holdings in Pool by 2,300.0% in the 4th quarter. Rakuten Securities Inc. now owns 72 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 69 shares during the period. Atala Financial Inc purchased a new position in Pool in the 4th quarter worth approximately $29,000. Sierra Ocean LLC purchased a new position in Pool in the 4th quarter worth approximately $30,000. Brooklyn Investment Group purchased a new position in Pool in the 3rd quarter worth approximately $31,000. Finally, Private Trust Co. NA boosted its holdings in Pool by 76.9% in the 4th quarter. Private Trust Co. NA now owns 138 shares of the specialty retailer’s stock worth $47,000 after acquiring an additional 60 shares during the period. 98.99% of the stock is owned by institutional investors and hedge funds.

About Pool

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally. 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; and building materials, such as concrete, plumbing and electrical components, functional and decorative pool surfaces, decking materials, tiles, hardscapes, and natural stones for pool installations and remodeling.