Pool Corporation (NDAQ:POOL) Receives Upgrade From Sidoti. Will Other Analysts Follow Suit?

September 17, 2017 - By Peter Erickson

  Pool Corporation (NDAQ:POOL) Receives Upgrade From Sidoti. Will Other Analysts Follow Suit?

Investors sentiment decreased to 0.89 in 2016 Q4. Its down 0.21, from 1.1 in 2016Q3. It dropped, as 35 investors sold Pool Corporation shares while 99 reduced holdings. 39 funds opened positions while 80 raised stakes. 36.93 million shares or 0.02% more from 36.92 million shares in 2016Q3 were reported.

Swiss Financial Bank holds 0.01% of its portfolio in Pool Corporation (NASDAQ:POOL) for 69,083 shares. Goldman Sachs Group reported 0.01% in Pool Corporation (NASDAQ:POOL). Aperio Grp Incorporated Ltd Llc owns 11,092 shares or 0.01% of their US portfolio. Eulav Asset owns 89,000 shares. The Oregon-based Hood River Management Ltd has invested 1.3% in Pool Corporation (NASDAQ:POOL). Bluemountain Cap Mgmt Llc holds 1,846 shares. Balyasny Asset Limited Liability Company owns 6,834 shares. Pnc has 40,176 shares. Navellier & Associates Inc has 3,700 shares for 0.06% of their portfolio. Weaver C Barksdale Associates owns 135 shares. Tiaa Cref Inv Ltd Liability invested 0.01% of its portfolio in Pool Corporation (NASDAQ:POOL). Ameriprise has invested 0.02% in Pool Corporation (NASDAQ:POOL). Oak Ridge Investments Limited Company holds 2.26% of its portfolio in Pool Corporation (NASDAQ:POOL) for 669,491 shares. Victory Cap Management Incorporated has invested 0% of its portfolio in Pool Corporation (NASDAQ:POOL). Chicago Equity Prtn Limited Liability, a Illinois-based fund reported 55,615 shares.

Since March 16, 2017, it had 2 buys, and 2 selling transactions for $7.46 million activity. $3.60M worth of Pool Corporation (NASDAQ:POOL) was sold by PEREZ DE LA MESA MANUEL J. SEXTON WILSON B sold $5.95 million worth of stock.

Pool Corporation (NDAQ:POOL) Stock Upgrade

In a note sent to investors on 15 September, Sidoti raised shares of Pool Corporation (NDAQ:POOL) to a solid Buy rating from their previous Neutral rating.

Investors sentiment decreased to 0.89 in 2016 Q4. Its down 0.21, from 1.1 in 2016Q3. It dropped, as 35 investors sold Pool Corporation shares while 99 reduced holdings. 39 funds opened positions while 80 raised stakes. 36.93 million shares or 0.02% more from 36.92 million shares in 2016Q3 were reported.

Swiss Financial Bank holds 0.01% of its portfolio in Pool Corporation (NASDAQ:POOL) for 69,083 shares. Goldman Sachs Group reported 0.01% in Pool Corporation (NASDAQ:POOL). Aperio Grp Incorporated Ltd Llc owns 11,092 shares or 0.01% of their US portfolio. Eulav Asset owns 89,000 shares. The Oregon-based Hood River Management Ltd has invested 1.3% in Pool Corporation (NASDAQ:POOL). Bluemountain Cap Mgmt Llc holds 1,846 shares. Balyasny Asset Limited Liability Company owns 6,834 shares. Pnc has 40,176 shares. Navellier & Associates Inc has 3,700 shares for 0.06% of their portfolio. Weaver C Barksdale Associates owns 135 shares. Tiaa Cref Inv Ltd Liability invested 0.01% of its portfolio in Pool Corporation (NASDAQ:POOL). Ameriprise has invested 0.02% in Pool Corporation (NASDAQ:POOL). Oak Ridge Investments Limited Company holds 2.26% of its portfolio in Pool Corporation (NASDAQ:POOL) for 669,491 shares. Victory Cap Management Incorporated has invested 0% of its portfolio in Pool Corporation (NASDAQ:POOL). Chicago Equity Prtn Limited Liability, a Illinois-based fund reported 55,615 shares.

Since March 16, 2017, it had 2 buys, and 2 selling transactions for $7.46 million activity. $3.60M worth of Pool Corporation (NASDAQ:POOL) was sold by PEREZ DE LA MESA MANUEL J. SEXTON WILSON B sold $5.95 million worth of stock.

Pool Corporation (NASDAQ:POOL) Ratings Coverage

Among 3 analysts covering Pool Corporation (NDAQ:POOL), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Pool Corporation has $130 highest and $128 lowest target. $129’s average target is 22.87% above currents $104.99 stock price. Pool Corporation had 3 analyst reports since February 17, 2017 according to SRatingsIntel. KeyBanc Capital Markets downgraded the shares of POOL in report on Friday, August 25 to “Sector Weight” rating. The rating was upgraded by Robert W. Baird on Friday, February 17 to “Outperform”. The firm earned “Outperform” rating on Monday, February 27 by Wedbush.

The stock decreased 0.05% or $0.05 on September 15, reaching $104.99. About 577,578 shares traded or 69.01% up from the average. Pool Corporation (NDAQ:POOL) has risen 35.85% since September 17, 2016 and is uptrending. It has outperformed by 19.15% the S&P500.

Wall Street await Pool Corporation (NASDAQ:POOL) to release earnings on October, 19. Analysts forecast EPS of $1.18, up exactly $0.15 or 14.56 % from 2014’s $1.03 EPS. The expected POOL’s profit could reach $48.67M giving the stock 22.24 P/E in the case that $1.18 earnings per share is reported. After posting $2.21 EPS for the previous quarter, Pool Corporation’s analysts now forecast -46.61 % negative EPS growth.

Pool Corporation is a distributor of swimming pool supplies, equipment and related leisure products. The company has market cap of $4.33 billion. The Firm is a distributor of irrigation and landscape products in the United States. It has a 27.47 P/E ratio. 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 , Superior Pool Products (Superior), Horizon Distributors (Horizon) and National Pool Tile (NPT).

Another recent and important Pool Corporation (NASDAQ:POOL) news was published by Globenewswire.com which published an article titled: “Pool Corporation Announces Investor Day” on September 12, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: