Price movement of Pool
PoolCorp (POOL) has a market cap of $3.7 billion. It rose by 1.5% to close at $88.65 per share on May 6, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 1.4%, 0.66%, and 10.1%, respectively, on May 6. This means that POOL is trading 0.79% below its 20-day moving average, 2.8% above its 50-day moving average, and 12.8% above its 200-day moving average.
Related ETFs and peers
The SPDR S&P 400 Mid-Cap Growth ETF (MDYG) invests 0.53% of its holdings in Pool. The ETF tracks a market-cap-weighted index of growth companies culled from the S&P 400. The YTD price movement of MDYG was 1.5% on May 6, 2016.
The Vanguard Small-Cap ETF (VB) invests 0.10% of its holdings in Pool. The ETF tracks the CRSP US Small Cap Index. The market-cap-weighted index includes the bottom 2%–15% of the investable universe.
The market caps of Pool’s competitors are as follows:
Pool declared a dividend
Pool declared a quarterly cash dividend of $0.31 per share on its common stock. The dividend will be paid on June 2, 2016, to shareholders of record at the close of business on May 19, 2016.
Pool’s shareholders have elected the board of directors. The directors are Andrew Code, Timothy Graven, Manuel Perez de la Mesa, Harlan Seymour, Robert Sledd, John Stokely, David Whalen, and Wilson Sexton.
Performance of Pool in fiscal 1Q16
Pool reported fiscal 1Q16 net sales of $515.3 million, a rise of 14.4% compared to net sales of $450.4 million in fiscal 1Q15. The company’s operating income rose by 89.1% in fiscal 1Q16 compared to fiscal 1Q15.
The company’s net income and EPS (earnings per share) rose to $16.4 million and $0.38, respectively, in fiscal 1Q16, compared to $8.4 million and $0.19, respectively, in fiscal 1Q15. It reported adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) of $36.7 million in fiscal 1Q16, a rise of 69.9% compared to fiscal 1Q15.
Pool’s cash and cash equivalents and product inventories rose by 97.4% and 6.5%, respectively, in fiscal 1Q16 compared to fiscal 1Q15. Its current ratio fell to 1.8x, and its debt-to-equity ratio rose to 4.8x in fiscal 1Q16 compared to a current ratio and a debt-to-equity ratio of 2.0x and 3.5x, respectively, in fiscal 1Q15.
The company has projected EPS in the range of $3.25 to $3.40 per share for fiscal 2016.
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