Hayward (HAYW) Scheduled to Post Earnings on Tuesday

Hayward (NYSE:HAYW) is scheduled to be releasing its earnings data before the market opens on Tuesday, October 29th. Analysts expect Hayward to post earnings of $0.09 per share for the quarter. Hayward has set its FY 2024 guidance at EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

Hayward (NYSE:HAYW) last announced its quarterly earnings results on Tuesday, July 30th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.01. Hayward had a return on equity of 9.66% and a net margin of 9.06%. The business had revenue of $284.39 million during the quarter, compared to analyst estimates of $282.60 million. During the same period in the previous year, the company earned $0.19 EPS. The firm’s revenue was up .3% on a year-over-year basis. On average, analysts expect Hayward to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hayward Trading Down 2.0 %

NYSE:HAYW opened at $14.83 on Monday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.68 and a current ratio of 2.59. The company has a market capitalization of $3.19 billion, a P/E ratio of 37.08, a P/E/G ratio of 2.50 and a beta of 1.21. The stock’s 50 day moving average price is $14.68 and its 200 day moving average price is $13.99. Hayward has a 52 week low of $9.80 and a 52 week high of $16.04.

Analyst Ratings Changes

A number of research analysts have recently weighed in on HAYW shares. Robert W. Baird lifted their price objective on shares of Hayward from $16.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, July 31st. The Goldman Sachs Group reduced their price target on Hayward from $15.00 to $13.00 and set a “neutral” rating for the company in a research report on Tuesday, July 2nd. KeyCorp lowered their price objective on Hayward from $17.00 to $16.00 and set an “overweight” rating on the stock in a report on Friday, July 19th. Finally, Stifel Nicolaus boosted their target price on Hayward from $15.00 to $15.50 and gave the stock a “hold” rating in a report on Friday, August 30th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Hayward currently has an average rating of “Hold” and a consensus price target of $15.50.

Insider Transactions at Hayward

In related news, CEO Kevin Holleran sold 42,857 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $14.29, for a total transaction of $612,426.53. Following the completion of the sale, the chief executive officer now owns 522,799 shares in the company, valued at $7,470,797.71. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.25% of the stock is currently owned by corporate insiders.

Hayward Company Profile

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.