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home / news releases / POOL - Pool Corporation: A Stagnant 2024 Expected

POOL - Pool Corporation: A Stagnant 2024 Expected

Pool Corporation

2024-04-13 08:48:31 ET

Summary

  • Pool Corporation had a strong performance during COVID, but in Fiscal Year 2023, its revenue and earnings dropped.
  • The performance pullback during 2023 shall not constitute any fundamental issue regarding its long-term development.
  • Down 5% year to date, the pool equipment distributor is now trading at a level near its 5-year price-to-earnings ratio and EV/EBITDA.
  • I expected Pool Corporation to have a flat to negative return in 2024.

Introduction

I expected Pool Corporation ( POOL ) to deliver a flat to negative return in 2024. ...

For further details see:

Pool Corporation: A Stagnant 2024 Expected
Stock Information
Company Name: Pool Corporation
Stock Symbol: POOL
Market: NASDAQ
Website: poolcorp.com
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