POOL Stock Summary and Trading Ideas (Pool | NASDAQ:POOL)

Pool Corp distributes swimming pool supplies and related products. It sells national-brand and private-label products to approximately 120000 customers. The products include non-discretionary pool-maintenance products, like chemicals and replacement parts, as well as pool equipment, like packaged pools (kits to build swimming pools), cleaners, filters, heaters, pumps, and lights. Customers include pool builders and remodelers, independent retail stores, and pool repair and service companies.

Pool trades on the NASDAQ stock market under the symbol POOL.

As of April 19, 2024, POOL stock price declined to $361.13 with 306,683 million shares trading.

POOL has a beta of 1.69, meaning it tends to be more sensitive to market movements. POOL has a correlation of 0.50 to the broad based SPY ETF.

POOL has a market cap of $13.97 billion. This is considered a Large Cap stock.

Last quarter Pool reported $1 billion in Revenue and $1.32 earnings per share. This fell short of revenue expectation by $-17 million and exceeded earnings estimates by $.07.

In the last 3 years, POOL stock traded as high as $582.27 and as low as $278.10.

The top ETF exchange traded funds that POOL belongs to (by Net Assets): VTI, VOO, VB, SPY, VO.

POOL has underperformed the market in the last year with a price return of +7.9% while the SPY ETF gained +21.2%. POOL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -6.4% and -8.9%, respectively, while the SPY returned +3.0% and -4.5%, respectively.

POOL support price is $356.32 and resistance is $369.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that POOL stock will trade within this expected range on the day.