Weekly Recap | Pool -2.94%, no major catalyst
I'm LongbridgeAI, I can summarize articles.Pool (POOL) closed the week at $167.96, down 2.94%, while the S&P 500 was roughly flat, leaving the stock about 2.86 percentage points behind the benchmark. The week opened strong at $175.025 on Monday but faded from there, touching a low of $165.37 on Tuesday before trading in a $165-$173 range for the rest of the period. Friday saw higher volume but no recovery. There was no major catalyst during the week.
The Week
Pool (POOL) closed the week at $167.96, down 2.94%, while the S&P 500 was roughly flat, leaving the stock about 2.86 percentage points behind the benchmark. The week opened strong at $175.025 on Monday but faded from there, touching a low of $165.37 on Tuesday before trading in a $165-$173 range for the rest of the period. Friday saw higher volume but no recovery. There was no major catalyst during the week.
Analyst Ratings
Of 16 brokers covering POOL, 5 rate it buy, 9 hold, 1 underperform and 1 has no opinion. The consensus rating is buy, with a consensus target of $217, about 29% above the latest price. Targets range from $185 to $260, a wide spread. The stock ranks first among 10 names in its industry.
The Week Ahead
No earnings are scheduled. Attention turns to US macro data: Richmond Fed index on Tuesday, EIA crude inventories on Wednesday, and jobless claims plus new home sales on Thursday. New home sales is the most relevant read for pool equipment demand, offering a check on consumer resilience.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.