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

Hayward Holdings, Inc. (NYSE:HAYW) hit a new 52-week low during trading on Thursday . The stock traded as low as $12.61 and last traded at $12.6450, with a volume of 460114 shares. The stock had previously closed at $12.75.

Wall Street Analysts Forecast Growth

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

Hayward Price Performance

The company has a fifty day simple moving average of $14.33 and a 200 day simple moving average of $14.54. The stock has a market capitalization of $2.68 billion, a price-to-earnings ratio of 17.05, 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.

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

Insider Activity at Hayward

In other Hayward news, SVP Susan Canning sold 3,500 shares of Hayward stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $12.84, for a total value of $44,940.00. Following the completion of the sale, the senior vice president directly owned 167,911 shares in the company, valued at approximately $2,155,977.24. The trade was a 2.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Kevin Holleran sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $13.85, for a total value 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. This trade represents a 6.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 273,500 shares of company stock valued at $4,430,040 in the last ninety days. 4.73% of the stock is currently owned by insiders.

Institutional Trading of Hayward

Several hedge funds have recently modified their holdings of HAYW. Hantz Financial Services Inc. grew its holdings 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 purchasing an additional 916 shares during the period. Nykredit A S acquired a new position in shares of Hayward during the second quarter valued at about $42,000. IFP Advisors Inc raised its holdings in shares of Hayward by 103.9% during 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 during the period. Caitong International Asset Management Co. Ltd bought a new position in shares of Hayward during the 4th quarter worth about $39,000. Finally, Allworth Financial LP acquired a new stake in shares of Hayward in the 2nd quarter valued at about $47,000.

About Hayward

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.