Hayward Holdings, Inc. (NYSE:HAYW) Stock Has Consensus Price Target of $17.50

Hayward Holdings, Inc. (NYSE:HAYW) has been assigned a consensus recommendation of “Hold” from the nine research firms that are presently covering the firm, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $17.50.

HAYW has been the topic of a number of research analyst reports. Cantor Fitzgerald reiterated a “neutral” rating on shares of Hayward in a research note on Monday, July 6th. Weiss Ratings downgraded shares of Hayward from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, September 14th. Wolfe Research started coverage on shares of Hayward in a report on Tuesday, September 15th. They set a “peer perform” rating for the company. KeyCorp restated a “sector weight” rating on shares of Hayward in a report on Monday, July 20th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Hayward in a research report on Wednesday, July 29th.

Insider Activity at Hayward

In other news, CEO Kevin Holleran sold 50,000 shares of the firm’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $13.85, for a total value of $692,500.00. Following the sale, the chief executive officer owned 701,234 shares in the company, valued at approximately $9,712,090.90. This trade represents a 6.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan M. Canning sold 3,500 shares of the business’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $12.84, for a total transaction of $44,940.00. Following the transaction, the senior vice president directly owned 167,911 shares in the company, valued at $2,155,977.24. This trade represents a 2.04% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 273,500 shares of company stock valued at $4,430,040. 4.73% of the stock is owned by corporate insiders.

Institutional Trading of Hayward

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Squarepoint Ops LLC acquired a new position in Hayward in the 2nd quarter valued at approximately $4,693,000. Nykredit A S bought a new position in Hayward in the second quarter worth $42,000. Corient Private Wealth LP boosted its stake in Hayward by 73.2% during the second quarter. Corient Private Wealth LP now owns 151,001 shares of the company’s stock worth $2,614,000 after buying an additional 63,806 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Hayward during the second quarter worth $313,000. Finally, Susquehanna Fundamental Investments LLC increased its holdings in Hayward by 3.5% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 443,700 shares of the company’s stock valued at $7,680,000 after buying an additional 15,038 shares during the period.

Hayward Stock Up 0.8%

Shares of HAYW stock opened at $12.62 on Friday. The stock’s 50 day simple moving average is $14.25 and its 200 day simple moving average is $14.51. Hayward has a twelve month low of $12.41 and a twelve month high of $17.73. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.49 and a current ratio of 3.33. The company has a market capitalization of $2.68 billion, a price-to-earnings ratio of 17.06, a PEG ratio of 1.15 and a beta of 1.10.

Hayward (NYSE:HAYW) last announced its earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.02. Hayward had a return on equity of 11.61% and a net margin of 13.83%.The firm had revenue of $318.38 million during the quarter, compared to analysts’ expectations of $303.35 million. During the same quarter in the prior year, the business earned $0.24 earnings per share. The company’s revenue was up 6.3% on a year-over-year basis. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. As a group, research analysts predict that Hayward will post 0.87 EPS for the current year.

Hayward Company Profile

Hayward Holdings, Inc designs, manufactures and sells equipment and systems used in residential and commercial swimming pools. Its product portfolio includes pumps, filters, heaters, heat pumps, automatic cleaners, lighting, salt chlorination systems and pool automation and controls.

The company’s products are intended to help pool owners and professionals circulate, filter, heat, sanitize and manage pool water. Hayward sells through distributors, retailers, pool builders and service professionals, serving customers primarily in North America as well as selected international markets.

Hayward’s business traces its history to 1925 and has developed from a pool-equipment manufacturer into a provider of connected and energy-efficient pool solutions.