Hayward Holdings, Inc. (NYSE:HAYW) Given Consensus Rating of “Hold” by Brokerages

Hayward Holdings, Inc. (NYSE:HAYW) has been assigned a consensus recommendation of “Hold” from the five research firms that are covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $14.70.

A number of equities research analysts have recently issued reports on HAYW shares. The Goldman Sachs Group boosted their price objective on shares of Hayward from $12.00 to $15.00 and gave the company a “neutral” rating in a research report on Monday, March 4th. Stifel Nicolaus boosted their price target on Hayward from $13.50 to $14.50 and gave the company a “hold” rating in a report on Tuesday, March 5th.

Insider Buying and Selling

In other news, CEO Kevin Holleran sold 42,857 shares of the business’s stock in a transaction dated Wednesday, April 17th. The stock was sold at an average price of $13.34, for a total value of $571,712.38. Following the transaction, the chief executive officer now directly owns 522,799 shares in the company, valued at $6,974,138.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In the last quarter, insiders sold 147,143 shares of company stock valued at $2,117,174. Company insiders own 3.25% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HAYW. Pacer Advisors Inc. bought a new stake in shares of Hayward during the fourth quarter valued at approximately $37,000. GAMMA Investing LLC increased its holdings in Hayward by 178.5% in the 1st quarter. GAMMA Investing LLC now owns 2,674 shares of the company’s stock valued at $41,000 after acquiring an additional 1,714 shares during the last quarter. Numerai GP LLC purchased a new stake in Hayward in the 3rd quarter worth $146,000. Teacher Retirement System of Texas bought a new position in shares of Hayward during the 3rd quarter valued at about $161,000. Finally, Moody National Bank Trust Division purchased a new position in shares of Hayward during the first quarter valued at about $164,000.

Hayward Stock Up 0.6 %

HAYW stock opened at $14.59 on Monday. The company has a market cap of $3.13 billion, a price-to-earnings ratio of 40.53, a P/E/G ratio of 1.98 and a beta of 1.25. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.34 and a current ratio of 3.37. The business’s 50-day moving average is $14.36 and its two-hundred day moving average is $13.36. Hayward has a fifty-two week low of $9.80 and a fifty-two week high of $16.04.

Hayward (NYSE:HAYW) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.07 earnings per share for the quarter, hitting the consensus estimate of $0.07. The firm had revenue of $212.57 million for the quarter, compared to analysts’ expectations of $207.33 million. Hayward had a net margin of 8.25% and a return on equity of 9.46%. As a group, analysts forecast that Hayward will post 0.57 earnings per share for the current year.

Hayward Company Profile

Hayward Holdings, Inc designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. The company offers pool equipment, including pumps, filters, robotics, suction and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water sanitizers, salt chlorine generators, safety equipment, and in-floor automated cleaning systems, as well as LED illumination solutions.