Berenberg Bank analyst Alex Maroccia reiterated a Buy rating on Pool (NASDAQ:POOL) Corp on Monday, setting a price target of $344, which is approximately 13.06% above the present share price of $304.27.
Maroccia expects Pool Corp to post earnings per share (EPS) of $0.77 for the third quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Pool, with an average price target of $298.5.
The analysts price targets range from a high of $344 to a low of $255.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $677.29 million and a net profit of $42.53 million. The company's market cap is $12.15 billion.
According to TipRanks.com, Berenberg Bank analyst Alex Maroccia is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 24.6% and a 75.00% success rate.
Pool Corp. engages in the wholesale distribution of swimming pool supplies, equipment and related leisure products. It also offers non-discretionary pool maintenance products such as chemicals and replacement parts; discretionary products like packaged pool kits, whole goods, irrigation, and landscape products, including a complete line of commercial and residential irrigation products and parts, power equipment for the professional landscape market; specialty products such as outdoor lighting, grills, and outdoor kitchen components; and golf irrigation and water management products. The company was founded in 1993 and is headquartered in Covington, LA.