Head to Head Comparison: Hayward (NYSE:HAYW) versus Carrier Global (NYSE:CARR)

Carrier Global (NYSE:CARR) and Hayward (NYSE:HAYW) are both industrials companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, profitability, valuation, risk, institutional ownership, earnings and analyst recommendations.

Valuation & Earnings

This table compares Carrier Global and Hayward”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Carrier Global	$22.11 billion	2.39	$1.48 billion	$1.44	44.45
Hayward	$1.12 billion	2.99	$151.57 million	$0.74	21.40

Carrier Global has higher revenue and earnings than Hayward. Hayward is trading at a lower price-to-earnings ratio than Carrier Global, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Carrier Global and Hayward’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Carrier Global	5.52%	14.68%	5.51%
Hayward	13.83%	11.61%	5.91%

Insider and Institutional Ownership

91.0% of Carrier Global shares are owned by institutional investors. 6.5% of Carrier Global shares are owned by insiders. Comparatively, 4.7% of Hayward shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent ratings for Carrier Global and Hayward, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Carrier Global	0	9	12	1	2.64
Hayward	0	6	2	0	2.25

Carrier Global currently has a consensus target price of $73.67, indicating a potential upside of 15.09%. Hayward has a consensus target price of $17.50, indicating a potential upside of 10.52%. Given Carrier Global’s stronger consensus rating and higher probable upside, equities analysts plainly believe Carrier Global is more favorable than Hayward.

Volatility and Risk

Carrier Global has a beta of 1.31, meaning that its stock price is 31% more volatile than the S&P 500. Comparatively, Hayward has a beta of 1.09, meaning that its stock price is 9% more volatile than the S&P 500.

Summary

Carrier Global beats Hayward on 12 of the 15 factors compared between the two stocks.

About Carrier Global

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies in the United States, Europe, the Asia Pacific, and internationally. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. Its products include air conditioners, heating systems, heat pumps, controls, and aftermarket components, as well as aftermarket repair and maintenance services and building automation solutions. The Refrigeration segment offers transport refrigeration and monitoring products and services, as well as digital solutions for trucks, trailers, shipping containers, intermodal applications, food retail, and warehouse cooling; and commercial refrigeration solutions, such as refrigerated cabinets, freezers, systems, and controls. The Fire & Security segment provides various residential, commercial, and industrial technologies, including fire, flame, gas, smoke, and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. This segment also offers fire and security service, such as audit, design, installation, and system integration, as well as aftermarket maintenance and repair and monitoring services. It offers its products under the Autronica, Det-Tronics, Edwards, Aritech, Fireye, GST, Kidde, LenelS2, Marioff, Onity, and Supra; Carrier, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, and Riello; and Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech brands. Carrier Global Corporation was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.

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