The price-to-earnings ratio for Hayward Holdings Inc (NYSE: HAYW) is 36.24x, which is above its average ratio. Moreover, the 36-month beta value for HAYW is 1.26. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HAYW is 212.71M and currently, short sellers hold a 8.51% of that float. On April 18, 2024, HAYW’s average trading volume was 1.37M shares.
HAYW) stock’s latest price update
Hayward Holdings Inc (NYSE: HAYW)’s stock price has dropped by -1.85 in relation to previous closing price of 13.50. Nevertheless, the company has seen a loss of -5.09% in its stock price over the last five trading days. Business Wire reported 2024-04-16 that CHARLOTTE, N.C.–(BUSINESS WIRE)–Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward” or the “Company”), a global designer, manufacturer, and marketer of a broad portfolio of pool and outdoor living technology, announced today it will report its first quarter 2024 earnings results on Thursday, May 2, 2024. Following the earnings release, the company will hold a conference call to discuss the results at 9:00 a.m. Eastern Time that day. Interested investors and other parties can listen to a webcast of.
HAYW’s Market Performance
HAYW’s stock has fallen by -5.09% in the past week, with a monthly drop of -6.69% and a quarterly rise of 11.44%. The volatility ratio for the week is 2.72% while the volatility levels for the last 30 days are 2.53% for Hayward Holdings Inc. The simple moving average for the past 20 days is -9.23% for HAYW’s stock, with a 0.36% simple moving average for the past 200 days.
Analysts’ Opinion of HAYW
Many brokerage firms have already submitted their reports for HAYW stocks, with Jefferies repeating the rating for HAYW by listing it as a “Hold.” The predicted price for HAYW in the upcoming period, according to Jefferies is $14 based on the research report published on January 11, 2024 of the current year 2024.
Stifel, on the other hand, stated in their research note that they expect to see HAYW reach a price target of $13.50, previously predicting the price at $13. The rating they have provided for HAYW stocks is “Hold” according to the report published on December 20th, 2023.
Stifel gave a rating of “Buy” to HAYW, setting the target price at $16.50 in the report published on August 03rd of the previous year.
HAYW Trading at -4.99% from the 50-Day Moving Average
After a stumble in the market that brought HAYW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.39% of loss for the given period.
Volatility was left at 2.53%, however, over the last 30 days, the volatility rate increased by 2.72%, as shares sank -8.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.61% upper at present.
During the last 5 trading sessions, HAYW fell by -5.09%, which changed the moving average for the period of 200-days by +3.11% in comparison to the 20-day moving average, which settled at $14.54. In addition, Hayward Holdings Inc saw -2.57% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HAYW starting from HOLLERAN KEVIN, who sale 61,429 shares at the price of $15.14 back on Apr 01 ’24. After this action, HOLLERAN KEVIN now owns 522,799 shares of Hayward Holdings Inc, valued at $929,961 using the latest closing price.
HOLLERAN KEVIN, the President and CEO of Hayward Holdings Inc, sale 42,858 shares at $14.28 during a trade that took place back on Mar 13 ’24, which means that HOLLERAN KEVIN is holding 522,799 shares at $612,162 based on the most recent closing price.
Stock Fundamentals for HAYW
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.47 for the gross margin
The net margin for Hayward Holdings Inc stands at 0.08. The total capital return value is set at 0.07. Equity return is now at value 6.37, with 2.77 for asset returns.
Based on Hayward Holdings Inc (HAYW), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 0.84. The interest coverage ratio of the stock is 2.34.
Currently, EBITDA for the company is 241.5 million with net debt to EBITDA at 4.14. When we switch over and look at the enterprise to sales, we see a ratio of 3.85. The receivables turnover for the company is 3.53for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.02.
Conclusion
To wrap up, the performance of Hayward Holdings Inc (HAYW) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
