Pool Corp Faces Headwinds After an Unusually Strong Year. Is the Stock a Buy?
It was an ugly first quarter for Pool Corp. (NASDAQ: POOL). There were plenty of negatives, but for investors with a long-term mindset, the important question is: Did that quarter really change anything about its future? The answer: Probably not.
Here's a quick look at Pool's quarterly results and why long-term growth investors might still like the story here.
Pool reported revenue of $1.2 billion in the first quarter of 2023, which management pointed out was the third year in a row in which its Q1 top line had exceeded $1 billion. That sounds great until you see that sales were 15% below the year-ago figure of $1.4 billion, and a touch below the analysts' consensus estimate.
Source Fool.com
Pool Corp. Aktie
310,90 €
-0,76 %
Die Pool Corp. Aktie steht noch am Anfang: Zu wenige Einschätzungen für ein Sentiment.
Ein leicht positives Potenzial wird für Pool Corp. mit einem Kursziel von 370 € im Vergleich zu 310.9 € gesehen.
