The business landscape of Pool Corporation (POOL) is marked by diverse sentiments. Despite experiencing a quarterly cash dividend steady at $1.20 per share, top executives, such as CFO Melanie Housey Hart and director Manuel Perez de la Mesa, have been involved in notable share sale incidents. Despite this, Warren Buffett of Berkshire Hathaway shows faith in the company as part of his growth stock picks. POOL recently came forward with its regulatory filing and reported its 2024 financial results, despite challenges faced by a dip in sales.
Aside from boasting $5.3 billion in net sales, the company’s Q4 earnings beat the estimates alongside revenue expectations. Meanwhile, the future entails a soft FY25 outlook, with EPS guidance released for 2025. In light of all these developments, POOL remains a key player in the industrial distribution sector. However, a lower price target has been set at $370 from an original $386. Other recent key events include Pool Corporation's participation in the Nasdaq 51st Investor Conference and its partnership with YMCA of Greater New Orleans and NFL Wives Association for Water Safety Day at Super Bowl LIX.
Pool Corporation POOL News Analytics from Sat, 13 Apr 2024 07:00:00 GMT to Fri, 28 Feb 2025 18:02:57 GMT - Rating 6 - Innovation -2 - Information 5 - Rumor -3
