Hayward (NYSE:HAYW) Hits New 52-Week Low – Time to Sell?

by · The Cerbat Gem

Hayward Holdings, Inc. (NYSE:HAYWGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $12.63 and last traded at $12.7350, with a volume of 3355063 shares changing hands. The stock had previously closed at $12.87.

Wall Street Analyst Weigh In

HAYW has been the subject of a number of recent analyst reports. Wolfe Research started coverage on shares of Hayward in a report on Tuesday. They issued a “peer perform” rating for the company. Weiss Ratings lowered Hayward from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday. The Goldman Sachs Group restated a “neutral” rating on shares of Hayward in a research note on Wednesday, July 29th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Hayward in a report on Monday, July 6th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Hayward in a research report on Monday, July 20th. Two investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Hayward currently has a consensus rating of “Hold” and an average price target of $17.50.

View Our Latest Analysis on Hayward

Hayward Stock Performance

The firm has a market cap of $2.74 billion, a P/E ratio of 17.45, a P/E/G ratio of 1.19 and a beta of 1.10. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.49 and a current ratio of 3.33. The business’s 50-day simple moving average is $14.54 and its 200 day simple moving average is $14.62.

Hayward (NYSE:HAYWGet Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.02. The firm had revenue of $318.38 million for the quarter, compared to analysts’ expectations of $303.35 million. Hayward had a return on equity of 11.61% and a net margin of 13.83%.The company’s revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.24 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. As a group, equities analysts predict that Hayward Holdings, Inc. will post 0.87 earnings per share for the current year.

Insider Activity

In other news, SVP Susan Canning sold 3,500 shares of the stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $12.84, for a total value of $44,940.00. Following the transaction, the senior vice president owned 167,911 shares in the company, valued at $2,155,977.24. This represents a 2.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Kevin Holleran sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $13.85, for a total transaction of $692,500.00. Following the completion of the transaction, the chief executive officer directly owned 701,234 shares in the company, valued at approximately $9,712,090.90. The trade was 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. Insiders have sold a total of 273,500 shares of company stock valued at $4,430,040 in the last ninety days. Insiders own 4.73% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Hantz Financial Services Inc. lifted its position in Hayward by 80.2% in the fourth quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock worth $32,000 after buying an additional 916 shares during the last quarter. Illinois Municipal Retirement Fund increased its position in Hayward by 0.8% during the first quarter. Illinois Municipal Retirement Fund now owns 112,055 shares of the company’s stock valued at $1,499,000 after acquiring an additional 938 shares during the last quarter. GAMMA Investing LLC increased its position in Hayward by 33.6% during the second quarter. GAMMA Investing LLC now owns 4,760 shares of the company’s stock valued at $82,000 after acquiring an additional 1,198 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Hayward by 103.9% in the fourth quarter. IFP Advisors Inc now owns 2,482 shares of the company’s stock valued at $38,000 after acquiring an additional 1,265 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Hayward by 38.4% in the fourth quarter. EverSource Wealth Advisors LLC now owns 6,615 shares of the company’s stock valued at $102,000 after acquiring an additional 1,835 shares during the period.

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.

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