Pool Corp (NASDAQ: POOL) has reported earnings for its second fiscal quarter (ending June 30) of $5.02 versus $5.95 for the same period a year ago — a decline of -16%. Relative to the consensus estimate of $4.89, this was a premium of $0.13. E.P.S. were $11.94 for the latest four quarters through June 30 versus $15.21 for the same period a year ago — a decline of -21%.
Recent Price Action
On 7/25/24, Pool Corp (NASDAQ: POOL) stock enjoyed a major increase of 10.0%, closing at $359.94. Moreover, this advance was accompanied by exceptionally high trading volume at 239% of normal. The stock has been weak relative to the market over the last nine months but has risen 7.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, POOL is expected to continue to be a major Value Builder.
Pool has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Pool has a slightly negative Power Rating of 32 and a poor Appreciation Score of 25, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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