Brokerages Set Hayward Holdings, Inc. (NYSE:HAYW) PT at $14.30

Hayward Holdings, Inc. (NYSE:HAYWGet Free Report) has been given a consensus rating of “Hold” by the five research firms that are presently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $14.30.

Separately, The Goldman Sachs Group dropped their price target on Hayward from $15.00 to $13.00 and set a “neutral” rating for the company in a research report on Tuesday.

View Our Latest Stock Report on Hayward

Insider Transactions at Hayward

In other Hayward news, CEO Kevin Holleran sold 42,857 shares of the business’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $14.36, for a total transaction of $615,426.52. Following the transaction, the chief executive officer now owns 522,799 shares in the company, valued at $7,507,393.64. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders sold 171,428 shares of company stock valued at $2,305,278 over the last 90 days. Corporate insiders own 3.25% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Envestnet Asset Management Inc. grew its holdings in Hayward by 46.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 309,292 shares of the company’s stock worth $4,361,000 after acquiring an additional 98,654 shares in the last quarter. Invesco Ltd. grew its position in shares of Hayward by 112.4% in the 3rd quarter. Invesco Ltd. now owns 467,800 shares of the company’s stock worth $6,596,000 after acquiring an additional 247,544 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Hayward by 27.3% in the 3rd quarter. Northern Trust Corp now owns 1,570,712 shares of the company’s stock valued at $22,147,000 after acquiring an additional 336,782 shares during the last quarter. Natixis Advisors L.P. bought a new position in Hayward during the third quarter worth $482,000. Finally, Treasurer of the State of North Carolina lifted its stake in Hayward by 20.8% during the third quarter. Treasurer of the State of North Carolina now owns 58,297 shares of the company’s stock worth $822,000 after purchasing an additional 10,040 shares during the last quarter.

Hayward Stock Performance

Shares of HAYW opened at $12.21 on Tuesday. The company has a quick ratio of 2.34, a current ratio of 3.37 and a debt-to-equity ratio of 0.82. The company has a 50-day simple moving average of $13.74 and a 200-day simple moving average of $13.60. Hayward has a 52-week low of $9.80 and a 52-week high of $16.04. The company has a market capitalization of $2.62 billion, a PE ratio of 33.92, a P/E/G ratio of 1.66 and a beta of 1.21.

Hayward (NYSE:HAYWGet Free Report) last posted its earnings results on Thursday, May 2nd. The company reported $0.07 EPS for the quarter, hitting analysts’ consensus estimates of $0.07. The company had revenue of $212.57 million for the quarter, compared to the consensus estimate of $207.33 million. Hayward had a return on equity of 9.46% and a net margin of 8.25%. Equities research analysts predict that Hayward will post 0.57 earnings per share for the current fiscal year.

About Hayward

(Get Free Report

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.

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Analyst Recommendations for Hayward (NYSE:HAYW)

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