Pool Corporation (POOL) stock price forecast predicts $325.2 value

A share price of Pool Corporation [POOL] is currently trading at $365.56, down -2.27%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The POOL shares have gain 1.56% over the last week, with a monthly amount glided 21.29%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Pool Corporation [NASDAQ: POOL] stock has seen the most recent analyst activity on January 08, 2024, when Loop Capital downgraded its rating to a Hold and also boosted its price target to $415 from $380. Previously, Wells Fargo started tracking the stock with Equal Weight rating on December 19, 2023, and set its price target to $400. On December 08, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $368 on the stock. Stephens upgraded its rating to a Overweight and increased its price target to $420 on April 21, 2023. Loop Capital upgraded its rating to a Buy and raised its price target to $415 on April 06, 2023. Oppenheimer started tracking with a Outperform rating for this stock on March 10, 2023, and assigned it a price target of $408. In a note dated February 06, 2023, Stifel downgraded an Hold rating on this stock and boosted its target price from $355 to $360.

Pool Corporation experienced fluctuations in its stock price throughout the past year between $293.51 and $422.73. Currently, Wall Street analysts expect the stock to reach $325.2 within the next 12 months. Pool Corporation [NASDAQ: POOL] shares were valued at $365.56 at the most recent close of the market. An investor can expect a potential drop of -11.04% based on the average POOL price forecast.

Analyzing the POOL fundamentals

Trailing Twelve Months sales for Pool Corporation [NASDAQ:POOL] were 5.37B which represents -4.72% decline. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.33 and Total Capital is 0.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.85.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 358.96 points at the first support level, and at 352.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 374.76, and for the 2nd resistance point, it is at 383.96.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Pool Corporation [NASDAQ:POOL] is 2.48. Further, the Quick Ratio stands at 0.88, while the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 2.61, the price to book ratio is 9.83 and price to earnings (TTM) ratio is 30.79.

Transactions by insiders

Recent insider trading involved NEIL JENNIFER M, General Counsel/Secretary, that happened on Mar 01 ’24 when 1100.0 shares were sold. Director, PEREZ DE LA MESA MANUEL J completed a deal on Feb 27 ’24 to sell 3512.0 shares. Meanwhile, Director PEREZ DE LA MESA MANUEL J sold 33988.0 shares on Feb 26 ’24.

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