Wall Street analysts expect that Pool Corporation (NASDAQ:POOL) will report earnings per share of $0.17 for the current quarter, Zacks reports. Three analysts have provided estimates for Pool’s earnings. The lowest EPS estimate is $0.15 and the highest is $0.19. Pool posted earnings of $0.06 per share in the same quarter last year, which indicates a positive year over year growth rate of 183.3%. The business is expected to issue its next earnings report on Thursday, February 15th.
According to Zacks, analysts expect that Pool will report full year earnings of $4.07 per share for the current year, with EPS estimates ranging from $4.06 to $4.09. For the next year, analysts forecast that the business will report earnings of $4.73 per share, with EPS estimates ranging from $4.60 to $4.83. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Pool.
Pool (NASDAQ:POOL) last announced its quarterly earnings results on Thursday, October 19th. The specialty retailer reported $1.16 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.14 by $0.02. The company had revenue of $743.40 million for the quarter. Pool had a net margin of 6.19% and a return on equity of 69.28%. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.03 earnings per share.
In other news, Director Harlan F. Seymour sold 15,502 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director now directly owns 15,995 shares in the company, valued at $1,901,325.65. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO De La Mesa Manuel J. Perez sold 47,628 shares of the firm’s stock in a transaction that occurred on Monday, October 23rd. The stock was sold at an average price of $120.73, for a total transaction of $5,750,128.44. Following the transaction, the chief executive officer now owns 61,708 shares in the company, valued at $7,450,006.84. The disclosure for this sale can be found here. Company insiders own 7.00% of the company’s stock.
Large investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. grew its position in Pool by 1,198.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,143 shares of the specialty retailer’s stock valued at $134,000 after buying an additional 1,055 shares during the last quarter. Daiwa Securities Group Inc. purchased a new position in Pool in the 2nd quarter valued at $188,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Pool by 13.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,606 shares of the specialty retailer’s stock valued at $189,000 after buying an additional 185 shares during the last quarter. Polen Capital Management LLC purchased a new position in Pool in the 3rd quarter valued at $207,000. Finally, FCG Advisors LLC grew its position in Pool by 0.3% in the 2nd quarter. FCG Advisors LLC now owns 1,797 shares of the specialty retailer’s stock valued at $211,000 after buying an additional 6 shares during the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.
Pool (NASDAQ:POOL) opened at $130.15 on Friday. The company has a market cap of $5,227.73, a P/E ratio of 33.98 and a beta of 0.96. Pool has a one year low of $97.25 and a one year high of $130.92. The company has a quick ratio of 1.03, a current ratio of 2.61 and a debt-to-equity ratio of 2.64.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 28th. Stockholders of record on Wednesday, November 15th were given a dividend of $0.37 per share. The ex-dividend date was Tuesday, November 14th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.14%. Pool’s dividend payout ratio (DPR) is presently 37.47%.
Pool Company Profile
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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