Hayward (NYSE:HAYW) Issues Quarterly Earnings Results

Hayward (NYSE:HAYW) announced its quarterly earnings results on Thursday. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.03, Zacks reports. Hayward had a net margin of 9.47% and a return on equity of 9.93%. The firm had revenue of $327.08 million during the quarter, compared to analysts’ expectations of $302.76 million. Hayward updated its FY 2025 guidance to EPS.

Hayward Stock Up 0.2 %

NYSE HAYW traded up $0.03 on Friday, hitting $14.79. 354,528 shares of the company were exchanged, compared to its average volume of 1,611,213. The company has a market cap of $3.19 billion, a PE ratio of 35.20, a PEG ratio of 1.87 and a beta of 1.16. Hayward has a 12 month low of $11.96 and a 12 month high of $16.87. The stock has a fifty day moving average of $14.81 and a 200-day moving average of $15.07. The company has a current ratio of 2.62, a quick ratio of 1.69 and a debt-to-equity ratio of 0.70.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on HAYW shares. KeyCorp restated a “sector weight” rating on shares of Hayward in a research report on Monday, January 6th. Stifel Nicolaus upgraded shares of Hayward from a “hold” rating to a “buy” rating and set a $16.50 price target for the company in a research report on Wednesday, February 5th. Finally, Robert W. Baird upped their price target on shares of Hayward from $17.00 to $18.00 and gave the company a “neutral” rating in a research report on Friday.

Insider Buying and Selling

In related news, CEO Kevin Holleran sold 50,000 shares of the stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $14.52, for a total transaction of $726,000.00. Following the transaction, the chief executive officer now directly owns 522,799 shares of the company’s stock, valued at $7,591,041.48. This represents a 8.73 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.25% of the stock is owned by insiders.

About Hayward

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.