Pool Corporation’s Stock Price Drops to $363.91, Marking a 2.03% Decrease: Time to Dive In?

Pool Corporation (POOL)

363.91 USD -7.54 (-2.03%) Volume: 0.34M

Pool Corporation’s stock price stands at 363.91 USD, experiencing a dip of 2.03% this trading session with a trading volume of 0.34M, reflecting a year-to-date percentage change of -8.73%, indicating a turbulent performance in the stock market.

Latest developments on Pool Corporation

Investors are eagerly anticipating Pool Corporation’s next quarterly earnings report, as various factors have been setting the tone for the company’s performance in Q3. With the current market conditions and industry trends, analysts are closely watching Pool Corp‘s stock price movements. The company’s ability to meet or exceed expectations in this upcoming report will likely have a significant impact on how investors perceive its future growth potential. Stay tuned for more updates on Pool Corp‘s Q3 earnings and how it may influence the stock’s trajectory.

Pool Corporation on Smartkarma

Analysts at Baptista Research have been closely monitoring Pool Corporation’s financial performance, particularly in the second quarter of 2024. Despite a 5% decrease in net sales amounting to $1.8 billion, the company has shown resilience in certain segments like maintenance and high-end renovations. Baptista Research is evaluating various factors that could impact the company’s stock price in the near future, using a Discounted Cash Flow (DCF) methodology to conduct an independent valuation.

In another report by Baptista Research, Pool Corporation’s Q1 earnings were highlighted, with $1.1 billion in net sales reported. Although this marked a 7% decrease from the previous year, it was up 6% from the same period in 2021. The company has consistently met or exceeded the $1 billion threshold for four consecutive years, even during slow seasonal quarters. Analysts are also looking into the major competitive pressures that Pool Corporation is facing, providing insights into the company’s growth drivers and private label offerings.

A look at Pool Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Pool Corp, a wholesale distributor of swimming pool supplies, equipment, and related leisure products, has received mixed scores in various categories. While the company scored high in Momentum, indicating strong market performance, its Value score was lower. This suggests that investors may need to carefully consider the company’s valuation before making investment decisions. Despite this, Pool Corp received average scores in Dividend, Growth, and Resilience, indicating a stable outlook for the company in the long term.

Overall, Pool Corp‘s Smartkarma Smart Scores paint a picture of a company with strong market momentum but with room for improvement in terms of value. With a diverse range of products in its inventory, from construction materials to pool care products, Pool Corp remains a key player in the swimming pool industry. Investors looking for stability and growth potential may find Pool Corp to be a suitable option for their investment portfolio.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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