From Seekingalpha · Caffital Research · · 30s
Pool Stock Surges Post-Earnings
Pool Corporation stock jumps 14% after Q3 earnings despite market headwinds.
In brief
Pool Corporation stock jumps 14% after Q3 earnings despite market headwinds. Pool Corporation stock surged 14% after Q3 earnings but faces an estimated -8% downside to $181.7. Originally reported by Seekingalpha.
Pool Stock Surges
Pool Corporation stock surged 14% after the company’s third quarter earnings.
Market Challenges Remain
The macroeconomic environment has remained poor for POOL, offset by the company's impressive market share gains with existing sales centers.
Downside Estimate
I estimate POOL stock to have an -8% downside to $181.7.
The key point
Pool Corporation stock surged 14% after Q3 earnings but faces an estimated -8% downside to $181.7.
