|Bid||328.07 x 1400|
|Ask||329.57 x 900|
|Day's range||327.84 - 334.56|
|52-week range||278.10 - 572.76|
|Beta (5Y monthly)||0.81|
|PE ratio (TTM)||16.89|
|Earnings date||15 Feb 2023 - 20 Feb 2023|
|Forward dividend & yield||4.00 (1.22%)|
|Ex-dividend date||09 Nov 2022|
|1y target est||349.78|
Pool Corp's (POOL) emphasis on new pool construction and remodel activity bode well. However, a tight labor market is a concern.
Shares of Latham Group (NASDAQ: SWIM) were up 9.1% on the week as of the close of trading on Thursday. The entire niche is seen as challenged due to rising raw material costs, weakening consumer spending, and the difficulty of overcoming tough comparisons with 2021, when stay-at-home measures boosted spending on home improvements such as pools. Indeed, for the third quarter, Pentair reported a 4% decline in its consumer solutions sales relating to pools.
Investors need to pay close attention to Pool Corp. (POOL) stock based on the movements in the options market lately.