Hayward Holdings Inc (NYSE: HAYW) has a price-to-earnings ratio that is above its average at 39.01x. The stock has a 36-month beta value of 1.26. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HAYW is 213.47M, and at present, short sellers hold a 8.71% of that float. On May 09, 2024, the average trading volume of HAYW was 1.36M shares.
HAYW) stock’s latest price update
The stock price of Hayward Holdings Inc (NYSE: HAYW) has jumped by 0.35 compared to previous close of 14.46. Despite this, the company has seen a gain of 7.32% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-04 that Hayward Holdings, Inc. (NYSE:HAYW ) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Kevin Maczka – VP, IR Kevin Holleran – President and CEO Eifion Jones – SVP and CFO Conference Call Participants Andrew Carter – Stifel Ryan Merkel – William Blair Jeff Hammond – KeyBanc Jae Hyun Ko – Jefferies Michael Pesendorfer – Baird Rafe Jadrosich – Bank of America Operator Good morning, ladies and gentlemen, and welcome to Hayward Holdings First Quarter 2024 Earnings Call. My name is Lester and I will be your operator for today.
HAYW’s Market Performance
Hayward Holdings Inc (HAYW) has experienced a 7.32% rise in stock performance for the past week, with a -0.62% drop in the past month, and a 13.36% rise in the past quarter. The volatility ratio for the week is 2.88%, and the volatility levels for the past 30 days are at 2.89% for HAYW. The simple moving average for the past 20 days is 5.73% for HAYW’s stock, with a 9.32% 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 2.39% 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 -9.54% of loss for the given period.
Volatility was left at 2.89%, however, over the last 30 days, the volatility rate increased by 2.88%, as shares surge +3.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.62% upper at present.
During the last 5 trading sessions, HAYW rose by +7.32%, which changed the moving average for the period of 200-days by +14.89% in comparison to the 20-day moving average, which settled at $13.75. In addition, Hayward Holdings Inc saw 6.69% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HAYW starting from HOLLERAN KEVIN, who sale 42,857 shares at the price of $14.36 back on May 06 ’24. After this action, HOLLERAN KEVIN now owns 522,799 shares of Hayward Holdings Inc, valued at $615,482 using the latest closing price.
HOLLERAN KEVIN, the President and CEO of Hayward Holdings Inc, sale 42,857 shares at $13.34 during a trade that took place back on Apr 17 ’24, which means that HOLLERAN KEVIN is holding 522,799 shares at $571,897 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 6.44, with 2.81 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 4.13. 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 3.37.
Conclusion
To sum up, Hayward Holdings Inc (HAYW) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
