Pool Corporation (POOL) has a market capitalization of $4.2 billion. It fell by 0.13% to close at $102.28 per share on July 29, 2016.
The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 2.0%, 12.0%, and 27.5%, respectively, on the same day. POOL is trading 5.1% above its 20-day moving average, 9.8% above its 50-day moving average, and 20.6% above its 200-day moving average.
Related ETFs and peers
The SPDR S&P 400 Mid-Cap Growth ETF (MDYG) invests 0.57% of its holdings in Pool. The ETF tracks a market cap–weighted index of growth companies selected from the S&P 400. The YTD price movement of MDYG was 9.4% on July 29.
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 capitalizations of Pool’s competitors are as follows:
Pool declared a dividend
Pool Corporation has declared a quarterly cash dividend of $0.31 per share on its common stock. The dividend will be paid on August 24, 2016, to shareholders of record on August 10, 2016.
Performance of Pool in 2Q16
Pool reported 2Q16 net sales of $918.9 million, a rise of 7.9% compared to net sales of $851.9 million in 2Q15. The company’s gross profit margin and operating income rose by 1.1% and 10.3%, respectively, in 2Q16 over 2Q15.
Its net income and EPS (earnings per share) rose to $85.4 million and $1.98, respectively, in 2Q16, compared to $77.9 million and $1.75, respectively, in 2Q15. It reported adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) of $150.3 million in 2Q16, a rise of 10.6% over 2Q15.
Pool’s cash and cash equivalents fell by 21.3%, and its product inventories rose by 4.2% in 2Q16 over 2Q15. Its current ratio fell to 2.3x, and its debt-to-equity ratio rose to 3.5x in 2Q16, compared to a current ratio and a debt-to-equity ratio of 2.6x and 3.3x, respectively, in 2Q15. Pool has projected EPS in the range of $3.30–$3.45 for 2016.
In the next article, we’ll discuss WestRock (WRK).