Brokerages Set Hayward Holdings, Inc. (NYSE:HAYW) Price Target at $17.83

Hayward Holdings, Inc. (NYSE:HAYW) has been assigned an average recommendation of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $17.8333.

A number of equities research analysts have recently commented on HAYW shares. Jefferies Financial Group reiterated a “hold” rating and set a $15.00 target price (down from $16.00) on shares of Hayward in a research note on Tuesday. Zacks Research upgraded shares of Hayward from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 5th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $19.50 price objective (up from $19.00) on shares of Hayward in a research report on Thursday, February 26th. Bank of America upgraded shares of Hayward from an “underperform” rating to a “buy” rating and set a $19.00 target price on the stock in a research note on Friday, March 6th. Finally, Weiss Ratings raised shares of Hayward from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th.

Hayward Trading Down 0.9%

NYSE HAYW opened at $13.38 on Tuesday. The company has a current ratio of 2.94, a quick ratio of 2.29 and a debt-to-equity ratio of 0.59. The business has a fifty day simple moving average of $15.29 and a 200 day simple moving average of $15.62. Hayward has a 12 month low of $11.10 and a 12 month high of $17.73. The firm has a market capitalization of $2.91 billion, a P/E ratio of 19.67, a PEG ratio of 1.35 and a beta of 1.18.

Hayward (NYSE:HAYW) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. Hayward had a net margin of 13.51% and a return on equity of 11.27%. The firm had revenue of $349.38 million for the quarter, compared to the consensus estimate of $332.84 million. During the same period in the previous year, the firm earned $0.27 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. Hayward has set its FY 2026 guidance at 0.820-0.860 EPS. On average, analysts predict that Hayward will post 0.6 EPS for the current fiscal year.

Insiders Place Their Bets

In other Hayward news, CFO Eifion Jones sold 15,000 shares of the business’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $14.57, for a total value of $218,550.00. Following the sale, the chief financial officer directly owned 316,100 shares in the company, valued at $4,605,577. The trade was a 4.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Kevin Holleran sold 52,389 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $13.42, for a total value of $703,060.38. Following the transaction, the chief executive officer owned 701,234 shares of the company’s stock, valued at $9,410,560.28. The trade was a 6.95% 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. Insiders sold 224,557 shares of company stock valued at $3,424,249 over the last three months. Company insiders own 5.06% of the company’s stock.

Institutional Trading of Hayward

Hedge funds and other institutional investors have recently modified their holdings of the business. Covestor Ltd increased its position in shares of Hayward by 10,452.9% in the third quarter. Covestor Ltd now owns 1,794 shares of the company’s stock worth $27,000 after purchasing an additional 1,777 shares during the last quarter. Hantz Financial Services Inc. lifted its position in Hayward by 80.2% during the fourth quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock valued at $32,000 after purchasing an additional 916 shares during the last quarter. GAMMA Investing LLC grew its stake in Hayward by 82.4% in the 4th quarter. GAMMA Investing LLC now owns 2,183 shares of the company’s stock worth $34,000 after buying an additional 986 shares in the last quarter. IFP Advisors Inc grew its stake in Hayward by 103.9% in the 4th quarter. IFP Advisors Inc now owns 2,482 shares of the company’s stock worth $38,000 after buying an additional 1,265 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of Hayward in the 4th quarter worth $39,000.

About Hayward

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.