FMP
Aug 30, 2024 2:57 PM - Davit Kirakosyan
Image credit: FMP
Stifel analysts increased their price target for Pool Corp (NASDAQ:POOL) to $335 from $310, while maintaining a Hold rating on the stock. The analysts highlighted Pool Corp's strong positioning in the U.S. pool market, with a 37% market share in wholesale distribution, and its significant resources to further solidify its leadership.
However, they cautioned that while expectations have been adjusted to reflect fiscal 2024 challenges, the company's current valuation leaves little room for error, particularly given a potentially muted recovery and elevated expenses.
The analysts believe that Pool Corp's stock is likely to remain range-bound, influenced by interest rate sentiment, with stability in 2024 being crucial for sustained investor interest.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...
May 27, 2024 3:30 PM - Rajnish Katharotiya
In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...