Hayward (NYSE:HAYW) Hits New 1-Year Low – Here’s What Happened

Hayward Holdings, Inc. (NYSE:HAYW) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $13.00 and last traded at $13.0450, with a volume of 3841587 shares changing hands. The stock had previously closed at $13.61.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on HAYW. Jefferies Financial Group reaffirmed a “hold” rating and set a $15.00 price target (down from $16.00) on shares of Hayward in a research report on Tuesday, March 31st. Weiss Ratings cut Hayward from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 8th. Bank of America dropped their target price on Hayward from $19.00 to $18.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Stifel Nicolaus reiterated a “buy” rating and set a $19.50 price target (up from $19.00) on shares of Hayward in a research report on Thursday, February 26th. Finally, Zacks Research downgraded Hayward from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $17.50.

Hayward Stock Down 0.5%

The business’s fifty day simple moving average is $14.26 and its two-hundred day simple moving average is $15.42. The company has a market cap of $2.96 billion, a PE ratio of 18.71, a PEG ratio of 1.44 and a beta of 1.14. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.26 and a quick ratio of 2.47.

Hayward (NYSE:HAYW) last posted its earnings results on Wednesday, April 29th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The firm had revenue of $255.22 million for the quarter, compared to analysts’ expectations of $239.13 million. Hayward had a return on equity of 11.45% and a net margin of 13.98%.The company’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period last year, the firm earned $0.10 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. On average, analysts predict that Hayward Holdings, Inc. will post 0.86 earnings per share for the current year.

Insider Activity

In other Hayward news, CFO Eifion Jones sold 15,000 shares of the company’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $14.57, for a total transaction of $218,550.00. Following the completion of the transaction, the chief financial officer directly owned 316,100 shares in the company, valued at approximately $4,605,577. This represents a 4.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Kevin Holleran sold 52,389 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $15.73, for a total transaction of $824,078.97. Following the transaction, the chief executive officer directly owned 748,540 shares in the company, valued at approximately $11,774,534.20. The trade was a 6.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 119,778 shares of company stock worth $1,745,689 in the last quarter. Corporate insiders own 4.73% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. CIBC Bancorp USA Inc. purchased a new position in shares of Hayward in the third quarter valued at approximately $37,846,000. Principal Financial Group Inc. lifted its holdings in Hayward by 35.4% in the 3rd quarter. Principal Financial Group Inc. now owns 956,373 shares of the company’s stock valued at $14,460,000 after purchasing an additional 250,214 shares in the last quarter. American Century Companies Inc. boosted its stake in Hayward by 3.3% during the 3rd quarter. American Century Companies Inc. now owns 6,650,091 shares of the company’s stock worth $100,549,000 after purchasing an additional 211,075 shares during the last quarter. Rhumbline Advisers boosted its stake in Hayward by 23.5% during the 3rd quarter. Rhumbline Advisers now owns 441,107 shares of the company’s stock worth $6,670,000 after purchasing an additional 84,067 shares during the last quarter. Finally, ING Groep NV purchased a new stake in shares of Hayward during the third quarter worth $1,001,000.

Hayward Company Profile

Hayward Holdings, Inc is a leading manufacturer and marketer of residential and commercial swimming pool equipment and related outdoor living products. The company designs, engineers and produces a comprehensive range of products that address water circulation, filtration, heating, sanitation, automation, lighting and cleaning needs for pools and spas. Hayward’s offerings include pumps, filters, heaters, salt and chemical sanitization systems, automation controls, lights, robotic cleaners and various accessories that serve both new pool construction and aftermarket renovation markets.

Hayward’s product portfolio is organized into several core categories.