Shaun Calnan, an analyst from Bank of America Securities, reiterated the Sell rating on Pool (POOL – Research Report). The associated price target was lowered to $325.00.
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Shaun Calnan has given his Sell rating due to a combination of factors impacting Pool Corp’s outlook. Although the company reported higher-than-expected earnings for the fourth quarter of 2024, its guidance for 2025 fell short of market expectations. The anticipated earnings per share (EPS) for 2025 were forecasted to be lower than the consensus, and revenue growth is expected to be flat or only slightly positive, which is less than previous market projections.
Furthermore, the company faces challenges with declining sales in certain segments and geographical areas, offset only partially by increases in others. The guidance for gross margins and SG&A expenses suggests potential risks, especially if expected improvements in the second half of the year do not materialize. These factors, combined with a lower price objective set at $325, contribute to Shaun Calnan’s Underperform rating for Pool Corp, suggesting a cautious outlook on its stock performance.
POOL’s price has also changed slightly for the past six months – from $346.100 to $344.320, which is a -0.51% drop .