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Wells Fargo Reaffirms Their Hold Rating on Pool (POOL)

Tipranks - Tipranks - Fri Jun 5, 9:32AM CDT

Wells Fargo analyst Sam Reid maintained a Hold rating on Pool today and set a price target of $230.00.

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According to TipRanks, Reid is a 3-star analyst with an average return of 3.5% and a 51.11% success rate. Reid covers the Consumer Cyclical sector, focusing on stocks such as Lennar, Toll Brothers, and KB Home.

In a report released on May 29, Stifel Nicolaus also maintained a Hold rating on the stock with a $210.00 price target.

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Based on Pool’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.14 billion and a net profit of $53.23 million. In comparison, last year the company earned a revenue of $1.07 billion and had a net profit of $53.55 million

Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of POOL in relation to earlier this year. Last month, Manuel Perez De La Mesa, a Director at POOL bought 10,000.00 shares for a total of $1,759,400.00.

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