Stephens Keeps Their Hold Rating on Pool Corp

By Carrie Williams

Stephens analyst Matt Duncan reiterated a Hold rating on Pool Corp (NASDAQ: POOL) yesterday and set a price target of $160. The company’s shares opened today at $146.75, close to its 52-week high of $149.88.

According to TipRanks.com, Duncan is a 3-star analyst with an average return of 2.4% and a 54.9% success rate. Duncan covers the Basic Materials sector, focusing on stocks such as Great Lakes Dredge & Dock, Matrix Service Company, and Primoris Services Corp.

Pool Corp has an analyst consensus of Moderate Buy, with a price target consensus of $159.

The company has a one-year high of $149.88 and a one-year low of $97.25. Currently, Pool Corp has an average volume of 205.6K.

Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is negative on the stock. Most recently, in December 2017, Robert Sledd, a Director at POOL sold 7,200 shares for a total of $943,344.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.