Pool Corporation’s Stock Price Soars to $357.03, Marking a Robust Increase of 3.81%

Pool Corporation (POOL)

357.03 USD +13.11 (+3.81%) Volume: 0.82M

Pool Corporation’s stock price appreciates in value, hitting a robust 357.03 USD, marking an impressive +3.81% surge this trading session with a trading volume of 0.82M. The stock showcases a positive year-to-date (YTD) performance, boasting a +4.36% increase, demonstrating its stable growth in the market.

Latest developments on Pool Corporation

Pool Corporation (NASDAQ:POOL) has seen some fluctuations in its stock price recently due to various events. WoodTrust Financial Corp recently decreased its stake in the company, while Oppenheimer Asset Management Inc. sold some shares of Pool Co. Bank of New York Mellon Corp, on the other hand, has maintained a significant position in Pool Co. with a $143.17 million investment. Despite these movements, experts suggest that Pool Corporation is a long-term bet rather than a short-term one, indicating potential stability and growth in the future.

Pool Corporation on Smartkarma

Analysts on Smartkarma, such as Baptista Research, have been closely following Pool Corporation’s performance. In their latest report titled “Pool Corporation: How Are They Executing Market Expansion & Services Enhancement Through Acquisitions? – Major Drivers,” Baptista Research leans bullish on the company. The report highlights Pool Corporation’s third-quarter results, which revealed a 3% decline in total sales year-over-year. Despite macroeconomic factors and a cautious consumer environment impacting discretionary pool-related expenditures, the company’s maintenance product sales showed resilience, demonstrating growth within that segment.

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 and equipment, has received a mixed outlook based on the Smartkarma Smart Scores. While the company scored well in terms of momentum, indicating positive market trends, its value score was lower, suggesting that it may not be considered undervalued. With moderate scores in dividend, growth, and resilience, Pool Corp seems to have a stable foundation for future growth.

Overall, Pool Corp‘s Smart Scores paint a picture of a company with solid potential for growth and resilience in the market. While there may be room for improvement in terms of value, the company’s strong momentum score indicates positive market sentiment. As a distributor of a diverse range of swimming pool supplies and leisure products, Pool Corp‘s position in the market seems stable, with opportunities for expansion and development in the future.

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