Hayward (NYSE:HAYW) Hits New 52-Week Low – What’s Next?

Shares of Hayward Holdings, Inc. (NYSE:HAYW – Get Free Report) reached a new 52-week low on Thursday . The company traded as low as $12.61 and last traded at $12.6450, with a volume of 460114 shares. The stock had previously closed at $12.75.

Wall Street Analyst Weigh In

Several equities analysts have commented on HAYW shares. Weiss Ratings downgraded shares of Hayward from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, September 14th. KeyCorp restated a “sector weight” rating on shares of Hayward in a research note on Monday, July 20th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Hayward in a report on Monday, July 6th. The Goldman Sachs Group reiterated a “neutral” rating on shares of Hayward in a research note on Wednesday, July 29th. Finally, Wolfe Research assumed coverage on shares of Hayward in a report on Tuesday, September 15th. They issued a “peer perform” rating on the stock. Two research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Hayward has a consensus rating of “Hold” and an average price target of $17.50.

Check Out Our Latest Report on HAYW

Hayward Price Performance

The firm has a market capitalization of $2.68 billion, a price-to-earnings ratio of 17.05, a P/E/G ratio of 1.19 and a beta of 1.10. The company’s 50 day moving average is $14.33 and its 200 day moving average is $14.54. The company has a quick ratio of 2.49, a current ratio of 3.33 and a debt-to-equity ratio of 0.59.

Hayward (NYSE:HAYW – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.02. The firm had revenue of $318.38 million during the quarter, compared to the consensus estimate of $303.35 million. Hayward had a net margin of 13.83% and a return on equity of 11.61%. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.24 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. On average, equities research analysts anticipate that Hayward Holdings, Inc. will post 0.87 earnings per share for the current fiscal year.

Insider Buying and Selling at Hayward

In other news, SVP Susan Canning sold 3,500 shares of the stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $12.84, for a total transaction of $44,940.00. Following the sale, the senior vice president directly owned 167,911 shares of the company’s stock, valued at approximately $2,155,977.24. This represents a 2.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Kevin Holleran sold 50,000 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $13.85, for a total value of $692,500.00. Following the completion of the transaction, the chief executive officer directly owned 701,234 shares of the company’s stock, valued at approximately $9,712,090.90. This trade represents a 6.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 273,500 shares of company stock worth $4,430,040. 4.73% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Hayward

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Squarepoint Ops LLC acquired a new position in Hayward during the second quarter valued at approximately $4,693,000. Nykredit A S bought a new position in shares of Hayward in the 2nd quarter valued at $42,000. Corient Private Wealth LP increased its stake in shares of Hayward by 73.2% in the 2nd quarter. Corient Private Wealth LP now owns 151,001 shares of the company’s stock valued at $2,614,000 after purchasing an additional 63,806 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Hayward during the 2nd quarter worth $313,000. Finally, Susquehanna Fundamental Investments LLC raised its holdings in shares of Hayward by 3.5% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 443,700 shares of the company’s stock worth $7,680,000 after buying an additional 15,038 shares in the last quarter.

About Hayward

(Get Free Report)

Hayward Holdings, Inc designs, manufactures and sells equipment and systems used in residential and commercial swimming pools. Its product portfolio includes pumps, filters, heaters, heat pumps, automatic cleaners, lighting, salt chlorination systems and pool automation and controls.

The company’s products are intended to help pool owners and professionals circulate, filter, heat, sanitize and manage pool water. Hayward sells through distributors, retailers, pool builders and service professionals, serving customers primarily in North America as well as selected international markets.

Hayward’s business traces its history to 1925 and has developed from a pool-equipment manufacturer into a provider of connected and energy-efficient pool solutions.

Further Reading

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