Hayward (HAYW) Stock Price, News & Analysis

Company Overview

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. It sells its products through specialty distributors, retailers, and buying groups. The company was founded in 1925 and is headquartered in Charlotte, North Carolina.

Key Stats

• Today's Range: $15.30 to $15.67
• 50-Day Range: $13.56 to $15.65
• 52-Week Range: $9.80 to $16.04
• Volume: 1.18 million shs
• Average Volume: 1.42 million shs
• Market Capitalization: $3.36 billion
• P/E Ratio: 39.13
• Dividend Yield: N/A
• Price Target: $15.50
• Consensus Rating: Hold

Hayward Stock Analysis - MarketRank™

Hayward scored higher than 68% of companies evaluated by MarketBeat, and ranked 25th out of 43 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Hayward has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Hayward has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 25.42%

Earnings Growth

Earnings for Hayward are expected to grow by 25.42% in the coming year, from $0.59 to $0.74 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Hayward is 39.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hayward is 39.13, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 486.88.

Price to Earnings Growth Ratio

Hayward has a PEG Ratio of 2.38. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Hayward has a P/B Ratio of 2.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.40% of the float of Hayward has been sold short.

Short Interest Ratio / Days to Cover

Hayward has a short interest ratio ("days to cover") of 7.8.

Change versus previous month

Short interest in Hayward has recently decreased by 0.29%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Hayward does not currently pay a dividend.

Dividend Growth

Hayward does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 4.2 / 5
• Environmental Score: -1.57

Percentage of Shares Shorted

6.40% of the float of Hayward has been sold short.

Short Interest Ratio / Days to Cover

Hayward has a short interest ratio ("days to cover") of 7.8.

Change versus previous month

Short interest in Hayward has recently decreased by 0.29%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: -0.23

News Sentiment

Hayward has a news sentiment score of -0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.37 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for Hayward this week, compared to 13 articles on an average week.

MarketBeat Follows

2 people have added Hayward to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Hayward insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,196,567.00 in company stock.

Percentage Held by Insiders

Only 3.25% of the stock of Hayward is held by insiders.

HAYW Stock Analysis - Frequently Asked Questions

How have HAYW shares performed this year?

Hayward's stock was trading at $13.60 at the start of the year. Since then, HAYW shares have increased by 15.1% and is now trading at $15.65.
View the best growth stocks for 2024 here.

How were Hayward's earnings last quarter?

Hayward Holdings, Inc. (NYSE:HAYW) posted its quarterly earnings results on Tuesday, July, 30th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.20 by $0.01. The business's revenue was up .3% on a year-over-year basis.

When did Hayward IPO?

Hayward (HAYW) raised $725 million in an IPO on Friday, March 12th 2021. The company issued 40,300,000 shares at $17.00-$19.00 per share. BofA Securities, Goldman Sachs, Nomura, Credit Suisse, Morgan Stanley, Baird, Guggenheim Securities and Jefferies acted as the underwriters for the IPO and BMO Capital Markets, KeyBanc Capital Markets, William Blair, Houlihan Lokey and Moelis & Co. were co-managers.

Who are Hayward's major shareholders?

Hayward's top institutional shareholders include Birch Hill Investment Advisors LLC (0.02%), Diversified Trust Co (0.02%), CWM LLC (0.01%) and SG Americas Securities LLC (0.01%). Insiders that own company stock include Alberta Investment Management, Ccmp Capital, Lp, Kevin Holleran, Eifion Jones, Susan M Canning, Lesley Billow, Fernando Blasco, Arthur L Soucy, Donald Matthew Smith and Rick Roetken.
View institutional ownership trends.

How do I buy shares of Hayward?

Shares of HAYW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Hayward own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hayward investors own include American Water Works (AWK), Waste Connections (WCN), Humana (HUM), The RMR Group (RMR), AUO (AUOTY), Voyager Therapeutics (VYGR) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 7/30/2024
• Today: 10/17/2024
• Next Earnings (Confirmed): 10/29/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Electrical Equipment & Parts
• Sub-Industry: Machinery
• Current Symbol: NYSE:HAYW
• CUSIP: N/A
• CIK: 1834622
• Web: investor.hayward.com
• Phone: 704-285-5445
• Fax: N/A
• Employees: 1,819
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $15.50
• High Stock Price Target: $19.00
• Low Stock Price Target: $13.00
• Potential Upside/Downside: -1.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.36
• Trailing P/E Ratio: 39.13
• Forward P/E Ratio: 26.53
• P/E Growth: 2.38
• Net Income: $80.69 million
• Net Margins: 9.06%
• Pretax Margin: 10.89%
• Return on Equity: 9.66%
• Return on Assets: 4.38%

Debt

• Debt-to-Equity Ratio: 0.71
• Current Ratio: 2.59
• Quick Ratio: 1.68

Sales & Book Value

• Annual Sales: $995.74 million
• Price / Sales: 3.38
• Cash Flow: $0.91 per share
• Price / Cash Flow: 17.25
• Book Value: $6.14 per share
• Price / Book: 2.55

Miscellaneous

• Outstanding Shares: 214,858,000
• Free Float: 208,136,000
• Market Cap: $3.36 billion
• Optionable: Optionable
• Beta: 1.21