Hayward (NYSE:HAYW) Sets New 1-Year Low – Time to Sell?

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 traded. The stock had previously closed at $13.29.

Analyst Upgrades and Downgrades

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

Hayward Trading Down 2.3%

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 stock has a market cap of $2.75 billion, a P/E ratio of 17.53, a PEG ratio of 1.24 and a beta of 1.10. The firm’s 50-day simple moving average is $14.98 and its 200 day simple moving average is $14.74.

Hayward (NYSE:HAYW) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 earnings per share. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. As a group, equities research analysts anticipate that Hayward Holdings, Inc. will post 0.87 earnings per share for the current year.

Insider Buying and Selling

In other Hayward 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 sale, the chief executive officer owned 701,234 shares of the company’s stock, valued at $9,712,090.90. The trade was a 6.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 270,000 shares of company stock valued at $4,385,100. 4.73% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Squarepoint Ops LLC bought a new stake in shares of Hayward during the second quarter valued at about $4,693,000. Nykredit A S bought a new position in Hayward in the 2nd quarter valued at about $42,000. Corient Private Wealth LP grew its position in Hayward by 73.2% in the 2nd quarter. Corient Private Wealth LP now owns 151,001 shares of the company’s stock valued at $2,614,000 after buying an additional 63,806 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Hayward during the 2nd quarter valued at about $313,000. Finally, California State Teachers Retirement System increased its stake in Hayward by 1,584.3% during the 2nd quarter. California State Teachers Retirement System now owns 4,173,406 shares of the company’s stock valued at $72,242,000 after buying an additional 3,925,629 shares during the period.

Hayward Company Profile

Hayward Holdings, Inc is a leading manufacturer and marketer of residential and commercial swimming pool equipment and related outdoor living products. The company designs, engineers and produces a comprehensive range of products that address water circulation, filtration, heating, sanitation, automation, lighting and cleaning needs for pools and spas. Hayward’s offerings include pumps, filters, heaters, salt and chemical sanitization systems, automation controls, lights, robotic cleaners and various accessories that serve both new pool construction and aftermarket renovation markets.

Hayward’s product portfolio is organized into several core categories.