Deutsche Bank Upgrades POOL Corporation Stock Rating, Anticipates Optimistic Outlook
January 12, 2023
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POOL ($NASDAQ:POOL) Corporation is a leading global distributor of swimming pool supplies, equipment, and related leisure products. POOL Corporation‘s stock has been on a steady climb over the last several months, and on Wednesday it experienced a surge after Deutsche Bank upgraded their rating from Hold to Buy. Deutsche Bank analyst Joe Ahlersmeyer and his team are optimistic about POOL Corporation’s outlook and believe that investors are becoming aware of the features that differentiate the company such as consistent non-commodity pricing, positive expenses on pool products, and an expanding base of customers. The upgrade from Deutsche Bank has generated a lot of buzz on Wall Street and has many investors looking to capitalize on the opportunity.
Those that have already invested in POOL Corporation’s stock are likely to reap the rewards of their decision as analysts expect the company to continue to experience strong growth. As for those yet to invest, now may be the perfect time to take advantage of the potential return that POOL Corporation’s stock may offer.
Stock Price
On Wednesday, Deutsche Bank upgraded POOL CORPORATION‘s stock rating from “Hold” to “Buy” and anticipates an optimistic outlook for the future. This news caused the stock prices to rise by 5.5% from the previous closing price of $325.1. It opened at $334.0 and closed at $342.8, making it one of the best performing stocks in the market that day. The upgrade in stock rating by Deutsche Bank is seen as a vote of confidence in POOL CORPORATION and their ability to carry out positive operations and hold steady growth. It’s a sign that the company has strong fundamentals, and is seen as a safe bet for investors.
The positive outlook of POOL CORPORATION comes at a time when the market is going through turbulent times and many stocks have yet to make a comeback. The upgrade in rating shows that Deutsche Bank believes in the company’s ability to weather the storm and come out stronger on the other side. POOL CORPORATION has been able to remain profitable despite the challenging circumstances and their stock prices reflect that fact. This news of the upgraded rating is a good sign for the company and their investors, as it shows that Deutsche Bank believes in their potential for growth and success in the coming months and years. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Pool Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 6.12k | 784.21 | 12.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Pool Corporation. More…
| Operations | Investing | Financing |
| 261.89 | -842.02 | 545.49 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Pool Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.69k | 2.5k | 31.05 |
Key Ratios Snapshot
Some of the financial key ratios for Pool Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 24.6% | 45.2% | 17.1% |
| FCF Margin | ROE | ROA |
| 3.6% | 53.2% | 17.7% |
VI Analysis
POOL CORPORATION is a high risk investment based on the VI Risk Rating. This rating evaluates the company’s fundamentals in terms of financial and business aspects. The rating indicates that there are potential risks to consider before investing in POOL CORPORATION. The VI App has identified 5 risk warnings in the company’s income sheet, balance sheet, cashflow statement, non financial, and financial journal. The risks detected include a decrease in net income, a decrease in cash flow from operations, an increase in debt, and a decrease in long-term assets. All of these signals are indicators of potential risks that should be taken into consideration before investing. The VI App provides investors with an easy-to-understand analysis of a company’s fundamentals. It makes it simpler to evaluate a company’s long-term potential by breaking down its fundamentals into clear categories. Registering with us will enable users to access the app and analyse the risk warnings associated with POOL CORPORATION. By taking the risk warnings into account, investors can make more informed decisions when assessing their investment strategy. More…
VI Peers
The company operates in over 30 countries and serves more than 3,000 retail customers. Pool Corp’s main competitors are Leslies Inc, Dam Sen Water Park Corp, and Tandem Group PLC.
– Leslies Inc ($NASDAQ:LESL)
Leslies Inc is a pool and spa company that has a market cap of 2.38B as of 2022. The company has a Return on Equity of -51.73%. The company has been in business for over 60 years and has a strong brand presence in the pool and spa industry. The company has a diversified product portfolio that includes above-ground pools, inground pools, spas, and pool and spa chemicals. The company operates in North America, Europe, and Asia Pacific.
– Dam Sen Water Park Corp ($HOSE:DSN)
The Tandem Group is a holding company for a number of businesses which are active in the design, development and manufacture of products for the cycling and leisure industries. Its core businesses are CycleOps, a US designer and manufacturer of indoor bike trainers and related cycling accessories, and Infinity Cycles, one of the UK’s leading multi-channel cycle retailers. The company also has a 50% interest in Madison, a leading UK-based cycling and tri-sport distributor and retailer.
The Tandem Group’s market capitalisation is 13.55M as of 2022. The company has a Return on Equity of 9.17%.
The Tandem Group is a holding company for businesses which design, develop, and manufacture products for the cycling and leisure industries. The company has two core businesses: CycleOps, a US designer and manufacturer of indoor bike trainers and related cycling accessories; and Infinity Cycles, one of the UK’s leading multi-channel cycle retailers. The company also has a 50% interest in Madison, a leading UK-based cycling and tri-sport distributor and retailer.
Summary
Investing analysis of POOL Corporation has recently seen a positive shift, with Deutsche Bank upgrading their stock rating and anticipating an optimistic outlook. This has resulted in an immediate positive reaction in the stock price, suggesting that investors have confidence in the company’s future performance. POOL Corporation is a leading distributor of swimming pool supplies and equipment in the United States, with a strong presence in the residential and commercial markets.
The company works with a wide range of manufacturers to ensure customers can find the latest products and technology. Going forward, investors are looking for POOL Corporation to continue to expand its customer base and deliver strong financial results.
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