Hayward (NYSE:HAYW) Sets New 52-Week Low – What’s Next?

Shares of Hayward Holdings, Inc. (NYSE:HAYW) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $12.89 and last traded at $13.0340, with a volume of 238639 shares changing hands. The stock had previously closed at $13.29.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. KeyCorp restated a “sector weight” rating on shares of Hayward in a research report on Monday, July 20th. Weiss Ratings upgraded Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 30th. The Goldman Sachs Group reiterated a “neutral” rating on shares of Hayward in a research note on Wednesday, July 29th. Finally, Cantor Fitzgerald reissued a “neutral” rating on shares of Hayward in a report on Monday, July 6th. Two investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $17.50.

Hayward Stock Up 1.9%

The stock’s fifty day moving average is $14.82 and its two-hundred day moving average is $14.70. The company has a current ratio of 3.33, a quick ratio of 2.49 and a debt-to-equity ratio of 0.59. The firm has a market cap of $2.78 billion, a P/E ratio of 17.74, a price-to-earnings-growth ratio of 1.19 and a beta of 1.10.

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

Insider Activity

In related news, CEO Kevin Holleran sold 50,000 shares of Hayward stock in a transaction 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 sale, the chief executive officer owned 701,234 shares of the company’s stock, valued at approximately $9,712,090.90. This trade represents a 6.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 270,000 shares of company stock valued at $4,385,100 in the last quarter. Company insiders own 4.73% of the company’s stock.

Institutional Trading of Hayward

Institutional investors and hedge funds have recently modified their holdings of the business. Hantz Financial Services Inc. grew its holdings in shares of Hayward by 80.2% during the fourth quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock worth $32,000 after purchasing an additional 916 shares in the last quarter. IFP Advisors Inc raised its stake in 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 purchasing an additional 1,265 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Hayward during the fourth quarter valued at approximately $39,000. Nykredit A S bought a new stake in Hayward during the second quarter valued at approximately $42,000. Finally, Allworth Financial LP bought a new stake in Hayward during the second quarter valued at approximately $47,000.

Hayward Company Profile

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.