Hayward (NYSE:HAYW) Hits New 1-Year Low After Insider Selling

Hayward Holdings, Inc. (NYSE:HAYW)’s share price hit a new 52-week low during trading on Wednesday after an insider sold shares in the company. The stock traded as low as $11.99 and last traded at $11.8770, with a volume of 84156 shares trading hands. The stock had previously closed at $12.31.

Specifically, CEO Kevin Holleran sold 50,000 shares of the stock in a transaction on Monday, October 5th. The stock was sold at an average price of $12.40, for a total transaction of $620,000.00. Following the sale, the chief executive officer owned 401,234 shares in the company, valued at approximately $4,975,301.60. This represents a 11.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Wolfe Research assumed coverage on shares of Hayward in a report on Tuesday, September 15th. They issued a “peer perform” rating for the company. The Goldman Sachs Group reissued a “neutral” rating on shares of Hayward in a report on Wednesday, July 29th. Weiss Ratings lowered shares of Hayward from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, September 14th. Cantor Fitzgerald reissued a “neutral” rating on shares of Hayward in a research note on Monday, July 6th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Hayward in a report on Monday, July 20th. Two analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $17.50.

Hayward Stock Down 2.7%

The company has a quick ratio of 2.49, a current ratio of 3.33 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $2.43 billion, a PE ratio of 15.51, a PEG ratio of 1.09 and a beta of 1.18. The firm’s fifty day moving average is $13.81 and its 200-day moving average is $14.39.

Hayward (NYSE:HAYW) last released its 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 company 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 business’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.24 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. On average, equities research analysts predict that Hayward Holdings, Inc. will post 0.87 earnings per share for the current year.

Hedge Funds Weigh In On Hayward

Several hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC raised its stake in Hayward by 95.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,134 shares of the company’s stock valued at $38,000 after acquiring an additional 1,529 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in Hayward during the 4th quarter worth approximately $39,000. Nykredit A S purchased a new stake in Hayward in the second quarter valued at approximately $42,000. Allworth Financial LP purchased a new position in shares of Hayward in the 2nd quarter worth about $47,000. Finally, Steph & Co. boosted its stake in Hayward by 134.8% in the first quarter. Steph & Co. now owns 6,131 shares of the company’s stock worth $82,000 after buying an additional 3,520 shares in the last quarter.

Hayward Company Profile

Hayward Holdings, Inc designs, manufactures and markets equipment and technologies used in residential and commercial swimming pools and spas. Its products are intended to support water circulation, filtration, heating, cleaning, sanitation and overall pool management.

The company’s product portfolio includes pumps, filters, heaters, heat pumps, salt-chlorination systems, automatic cleaners, lighting, valves, controls and connected pool-management technologies. Hayward sells products under the Hayward brand and through related product lines, serving pool builders, distributors, service professionals and homeowners.

Hayward serves customers in North America and international markets.