BUZZ-Pool Corp falls after brokerages cut PT

Reuters04-30

** Swimming pool products distributor Pool Corp's shares fall 1.7% to $364.75

** Oppenheimer cuts PT to $416 from $436, Stifel cuts PT to $360 from $370

** "With Q1 2024 demand slightly softer than expected, we're modifying our 2024 EPS to $13.20 from $13.60, but expect POOL's gross profit and operating profit to inflect positively in H2 2024 on the way to a stronger 2025" - Oppenheimer

** "Macroeconomic concerns have throttled the (U.S. pool) category's torque around remodel/new construction while the rightsizing and volatility around weather has yielded near-term competitive pressure" - Stifel

** Five brokerages rate the stock "buy" or higher, seven "hold" and one "sell"; their median PT is $390 - LSEG data

** Stock had fallen 7.8% YTD

(Reporting by Aatreyee Dasgupta)

((Aatreyee.Dasgupta@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2431147118?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-30 01:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2431147118","market":"us","top_or_hot":-1,"title":"BUZZ-Pool Corp falls after brokerages cut PT","media":"Reuters","content":"<html><body><p>** Swimming pool products distributor Pool Corp's    shares fall 1.7% to $364.75 </p><p>   ** Oppenheimer cuts PT to $416 from $436, Stifel cuts PT to $360 from $370</p><p>   ** \"With Q1 2024 demand slightly softer than expected, we're modifying our 2024 EPS to $13.20 from $13.60, but expect POOL's gross profit and operating profit to inflect positively in H2 2024 on the way to a stronger 2025\" - Oppenheimer</p><p>   ** \"Macroeconomic concerns have throttled the (U.S. pool) category's torque around remodel/new construction while the rightsizing and volatility around weather has yielded near-term competitive pressure\" - Stifel</p><p>   ** Five brokerages rate the stock \"buy\" or higher, seven \"hold\" and one \"sell\"; their median PT is $390 - LSEG data</p><p>   ** Stock had fallen 7.8% YTD</p><p> (Reporting by Aatreyee Dasgupta)</p><p>((Aatreyee.Dasgupta@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Pool Corp falls after brokerages cut PT</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Pool Corp falls after brokerages cut PT\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-30 01:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>** Swimming pool products distributor Pool Corp's    shares fall 1.7% to $364.75    ** Oppenheimer cuts PT to $416 from $436, Stifel cuts PT to $360 from $370   ** \"With Q1 2024 demand slightly softer...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"POOL","symbol_name":"Pool Corporation","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2431147118","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2431147118","pubTimestamp":1714413275,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"** Swimming pool products distributor Pool Corp's    shares fall 1.7% to $364.75    ** Oppenheimer cuts PT to $416 from $436, Stifel cuts PT to $360 from $370   ** \"With Q1 2024 demand slightly softer than expected, we're modifying our 2024 EPS to $13.20 from $13.60, but expect POOL's gross profit and operating profit to inflect positively in H2 2024 on the way to a stronger 2025\" - Oppenheimer   ** \"Macroeconomic concerns have throttled the  category's torque around remodel/new construction while the rightsizing and volatility around weather has yielded near-term competitive pressure\" - Stifel   ** Five brokerages rate the stock \"buy\" or higher, seven \"hold\" and one \"sell\"; their median PT is $390 - LSEG data   ** Stock had fallen 7.8% YTD ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"POOL":"Pool Corporation","BUZZ":"VanEck Social Sentiment ETF","PT":"品钛","BK4567":"ESG概念","BK4588":"碎股","BK4159":"经销商","IE00B64QTZ34.USD":"NEUBERGER BERMAN US SMALL CAP \"A\" (USD) ACC","BK4585":"ETF&股票定投概念"},"translate_title":"券商削减PT后BUZZ-Pool公司股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BUZZ":1,"POOL":1,"PT":1},"content_text":"** Swimming pool products distributor Pool Corp's    shares fall 1.7% to $364.75    ** Oppenheimer cuts PT to $416 from $436, Stifel cuts PT to $360 from $370   ** \"With Q1 2024 demand slightly softer than expected, we're modifying our 2024 EPS to $13.20 from $13.60, but expect POOL's gross profit and operating profit to inflect positively in H2 2024 on the way to a stronger 2025\" - Oppenheimer   ** \"Macroeconomic concerns have throttled the (U.S. pool) category's torque around remodel/new construction while the rightsizing and volatility around weather has yielded near-term competitive pressure\" - Stifel   ** Five brokerages rate the stock \"buy\" or higher, seven \"hold\" and one \"sell\"; their median PT is $390 - LSEG data   ** Stock had fallen 7.8% YTD (Reporting by Aatreyee Dasgupta)((Aatreyee.Dasgupta@thomsonreuters.com))","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2431147118"}