Hayward (NYSE:HAYW) Sets New 52-Week Low – Here’s Why

by · The Cerbat Gem

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

Analyst Ratings Changes

Several research firms recently commented on HAYW. Stifel Nicolaus reissued a “buy” rating and set a $19.50 target price (up from $19.00) on shares of Hayward in a research note on Thursday, February 26th. Bank of America cut their target price on shares of Hayward from $19.00 to $18.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Jefferies Financial Group reissued a “hold” rating and set a $15.00 target price (down from $16.00) on shares of Hayward in a research note on Tuesday, March 31st. Zacks Research lowered shares of Hayward from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Weiss Ratings lowered shares of Hayward from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 8th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $17.50.

View Our Latest Analysis on HAYW

Hayward Price Performance

The stock’s fifty day moving average price is $14.33 and its 200-day moving average price is $15.49. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.26 and a quick ratio of 2.47. The firm has a market cap of $2.83 billion, a price-to-earnings ratio of 17.87, a price-to-earnings-growth ratio of 1.42 and a beta of 1.14.

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

Insider Buying and Selling at Hayward

In related news, SVP Susan M. Canning acquired 2,242 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were purchased at an average price of $12.76 per share, for a total transaction of $28,607.92. Following the purchase, the senior vice president owned 103,837 shares in the company, valued at $1,324,960.12. This represents a 2.21% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Eifion Jones sold 15,000 shares of the company’s stock in a transaction that occurred 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 owned 316,100 shares in the company, valued at approximately $4,605,577. This represents a 4.53% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 119,778 shares of company stock worth $1,745,689. 4.73% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in HAYW. CIBC Bancorp USA Inc. bought a new stake in shares of Hayward during the 3rd quarter worth $37,846,000. Principal Financial Group Inc. boosted its holdings in shares of Hayward by 35.4% during the 3rd quarter. Principal Financial Group Inc. now owns 956,373 shares of the company’s stock worth $14,460,000 after buying an additional 250,214 shares during the period. American Century Companies Inc. boosted its holdings in shares of 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 buying an additional 211,075 shares during the period. Rhumbline Advisers boosted its holdings in shares of 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 buying an additional 84,067 shares during the period. Finally, ING Groep NV bought a new stake in shares of Hayward during the 3rd quarter worth $1,001,000.

Hayward Company Profile

(Get Free Report)

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.

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