Shares of Hayward Holdings, Inc. (NYSE:HAYW - Get Free Report) have been given an average recommendation of "Hold" by the five analysts that are covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $16.80.
A number of equities analysts have recently issued reports on the company. Robert W. Baird increased their price target on Hayward from $19.00 to $20.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 30th. Stifel Nicolaus increased their target price on shares of Hayward from $15.50 to $16.00 and gave the stock a "hold" rating in a report on Monday, October 28th. The Goldman Sachs Group raised their target price on shares of Hayward from $14.00 to $16.00 and gave the company a "neutral" rating in a research report on Wednesday, October 30th. Finally, KeyCorp upped their price target on shares of Hayward from $17.00 to $18.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 30th.
Get Our Latest Report on HAYW
In other Hayward news, CEO Kevin Holleran sold 42,857 shares of the firm's stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $14.29, for a total value of $612,426.53. Following the completion of the sale, the chief executive officer now directly owns 522,799 shares in the company, valued at $7,470,797.71. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.25% of the stock is currently owned by company insiders.
A number of large investors have recently modified their holdings of HAYW. Equitable Trust Co. boosted its stake in Hayward by 2.3% in the 3rd quarter. Equitable Trust Co. now owns 33,843 shares of the company's stock worth $519,000 after purchasing an additional 749 shares in the last quarter. Capital Performance Advisors LLP purchased a new position in shares of Hayward in the third quarter worth $43,000. Principal Financial Group Inc. raised its holdings in shares of Hayward by 7.2% in the third quarter. Principal Financial Group Inc. now owns 668,396 shares of the company's stock worth $10,253,000 after buying an additional 44,978 shares during the last quarter. Pallas Capital Advisors LLC acquired a new stake in shares of Hayward during the third quarter worth $202,000. Finally, State of Alaska Department of Revenue grew its holdings in shares of Hayward by 8.9% during the third quarter. State of Alaska Department of Revenue now owns 81,023 shares of the company's stock valued at $1,242,000 after buying an additional 6,596 shares during the last quarter.
Shares of HAYW opened at $16.15 on Monday. The firm has a market capitalization of $3.48 billion, a price-to-earnings ratio of 38.45, a PEG ratio of 2.34 and a beta of 1.19. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.62 and a quick ratio of 1.68. Hayward has a 1-year low of $10.54 and a 1-year high of $16.85. The company has a 50-day moving average of $14.83 and a 200 day moving average of $14.06.
Hayward (NYSE:HAYW - Get Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.01. Hayward had a return on equity of 9.93% and a net margin of 9.47%. The firm had revenue of $227.57 million during the quarter, compared to analyst estimates of $222.88 million. During the same quarter in the previous year, the business earned $0.08 earnings per share. Hayward's quarterly revenue was up 3.3% on a year-over-year basis. On average, research analysts expect that Hayward will post 0.59 EPS for the current year.
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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