Hayward (HAYW) to Release Quarterly Earnings on Thursday

Hayward (NYSE:HAYW - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $302.76 million for the quarter. Parties interested in listening to the company's conference call can do so using this link.

Hayward Stock Down 1.8 %

Shares of HAYW traded down $0.27 during midday trading on Friday, reaching $14.18. The stock had a trading volume of 526,550 shares, compared to its average volume of 1,546,524. Hayward has a 1-year low of $11.96 and a 1-year high of $16.87. The company's fifty day simple moving average is $14.95 and its two-hundred day simple moving average is $15.05. The company has a market cap of $3.05 billion, a price-to-earnings ratio of 33.75, a PEG ratio of 1.90 and a beta of 1.16. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.62 and a quick ratio of 1.69.

Insider Buying and Selling

In other Hayward news, CEO Kevin Holleran sold 50,000 shares of the firm's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $14.52, for a total transaction of $726,000.00. Following the transaction, the chief executive officer now directly owns 522,799 shares of the company's stock, valued at approximately $7,591,041.48. This trade represents a 8.73 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 3.25% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

HAYW has been the topic of a number of analyst reports. KeyCorp restated a "sector weight" rating on shares of Hayward in a report on Monday, January 6th. Stifel Nicolaus upgraded shares of Hayward from a "hold" rating to a "buy" rating and set a $16.50 price target on the stock in a research note on Wednesday, February 5th. The Goldman Sachs Group lifted their price target on shares of Hayward from $14.00 to $16.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 30th. Finally, Robert W. Baird lifted their price target on shares of Hayward from $19.00 to $20.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 30th.

About Hayward

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.