Robert W. Baird Keeps Their Buy Rating on Pool Corp

By Jason Carr

Robert W. Baird analyst David Manthey maintained a Buy rating on Pool Corp (NASDAQ: POOL) today and set a price target of $131. The company’s shares opened today at $117.75.

According to TipRanks.com, Manthey is a 4-star analyst with an average return of 11.2% and a 73.7% success rate. Manthey covers the Services sector, focusing on stocks such as Foundation Building Materials Inc, Houston Wire & Cable Company, and Anixter International Inc.

Pool Corp has an analyst consensus of Strong Buy, with a price target consensus of $131.

Based on Pool Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $743 million and quarterly net profit of $48.78 million. In comparison, last year the company earned revenue of $691 million and had a net profit of $44.53 million.

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Pool Corp. engages in the wholesale distribution of swimming pool supplies, equipment and related leisure products. It also provides irrigation and landscape products. The company was founded in 1993 and is headquartered in Covington, LA.