Hayward Holdings, Inc. (NYSE:HAYW) Receives $16.80 Average PT from Analysts

Shares of Hayward Holdings, Inc. (NYSE:HAYW - Get Free Report) have earned a consensus rating of "Hold" from the five analysts that are presently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $16.80.

Several research analysts have weighed in on the stock. KeyCorp increased their price target on shares of Hayward from $17.00 to $18.00 and gave the company an "overweight" rating in a report on Wednesday, October 30th. Robert W. Baird upped their price target on shares of Hayward from $19.00 to $20.00 and gave the stock a "neutral" rating in a report on Wednesday, October 30th. Stifel Nicolaus lifted their target price on Hayward from $15.50 to $16.00 and gave the company a "hold" rating in a research report on Monday, October 28th. Finally, The Goldman Sachs Group upped their price target on shares of Hayward from $14.00 to $16.00 and gave the stock a "neutral" rating in a report on Wednesday, October 30th.

Hayward Trading Up 0.2 %

NYSE:HAYW traded up $0.04 during trading hours on Monday, hitting $16.19. The stock had a trading volume of 2,231,990 shares, compared to its average volume of 1,475,431. The business's 50 day moving average is $14.83 and its 200-day moving average is $14.06. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.68 and a current ratio of 2.62. The company has a market cap of $3.49 billion, a price-to-earnings ratio of 38.45, a P/E/G ratio of 2.34 and a beta of 1.19. Hayward has a one year low of $10.54 and a one year high of $16.85.

Hayward (NYSE:HAYW - Get Free Report) last announced its earnings results on Tuesday, October 29th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. The business had revenue of $227.57 million during the quarter, compared to analysts' expectations of $222.88 million. Hayward had a net margin of 9.47% and a return on equity of 9.93%. The firm's revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.08 earnings per share. Sell-side analysts anticipate that Hayward will post 0.59 EPS for the current fiscal year.

Insider Transactions at Hayward

In other news, CEO Kevin Holleran sold 42,857 shares of the business's stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $14.29, for a total transaction of $612,426.53. Following the completion of the transaction, the chief executive officer now owns 522,799 shares of the company's stock, valued at approximately $7,470,797.71. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.25% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Hayward

Several institutional investors have recently added to or reduced their stakes in HAYW. Blue Trust Inc. increased its stake in Hayward by 2,710.1% during the 3rd quarter. Blue Trust Inc. now owns 2,220 shares of the company's stock valued at $34,000 after purchasing an additional 2,141 shares in the last quarter. Innealta Capital LLC purchased a new position in shares of Hayward in the 2nd quarter worth $30,000. Capital Performance Advisors LLP bought a new stake in shares of Hayward during the 3rd quarter valued at about $43,000. nVerses Capital LLC bought a new stake in Hayward during the second quarter valued at approximately $64,000. Finally, Quest Partners LLC increased its stake in shares of Hayward by 217.7% in the 2nd quarter. Quest Partners LLC now owns 7,910 shares of the company's stock worth $97,000 after purchasing an additional 5,420 shares in the last quarter.

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.