What is KeyCorp’s Estimate for Hayward Q4 Earnings?

Hayward Holdings, Inc. (NYSE:HAYW) – Equities researchers at KeyCorp issued their Q4 2024 earnings per share (EPS) estimates for shares of Hayward in a report released on Sunday, January 5th. KeyCorp analyst J. Hammond anticipates that the company will post earnings per share of $0.22 for the quarter. KeyCorp has a “Sector Weight” rating on the stock. The consensus estimate for Hayward’s current full-year earnings is $0.61 per share. KeyCorp also issued estimates for Hayward’s FY2025 earnings at $0.68 EPS.

Several other brokerages also recently commented on HAYW. The Goldman Sachs Group raised their price target on shares of Hayward from $14.00 to $16.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Robert W. Baird raised their price target on Hayward from $19.00 to $20.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Finally, Stifel Nicolaus boosted their price objective on Hayward from $15.50 to $16.00 and gave the stock a “hold” rating in a report on Monday, October 28th. Five analysts have rated the stock with a hold rating, According to MarketBeat.com, Hayward currently has a consensus rating of “Hold” and an average price target of $16.80.

Hayward Trading Down 1.1 %

Shares of HAYW opened at $14.76 on Wednesday. The business’s 50-day moving average price is $15.87 and its 200-day moving average price is $14.68. The company has a quick ratio of 1.69, a current ratio of 2.62 and a debt-to-equity ratio of 0.70. Hayward has a twelve month low of $11.81 and a twelve month high of $16.87. The stock has a market cap of $3.18 billion, a PE ratio of 35.14, a P/E/G ratio of 2.28 and a beta of 1.17.

Hayward (NYSE:HAYW) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Hayward had a return on equity of 9.93% and a net margin of 9.47%. The company had revenue of $227.57 million for the quarter, compared to analyst estimates of $222.88 million. During the same period in the previous year, the company posted $0.08 EPS. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year.

Insider Activity at Hayward

In other Hayward news, CEO Kevin Holleran sold 100,000 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $15.96, for a total value of $1,596,000.00. Following the completion of the transaction, the chief executive officer now owns 522,799 shares in the company, valued at approximately $8,343,872.04. This represents a 16.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Eifion Jones sold 75,000 shares of Hayward stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $16.11, for a total transaction of $1,208,250.00. Following the transaction, the chief financial officer now owns 258,903 shares of the company’s stock, valued at $4,170,927.33. The trade was a 22.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.25% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Hayward

Several large investors have recently modified their holdings of HAYW. MSD Capital L P purchased a new stake in shares of Hayward during the third quarter valued at approximately $418,901,000. Michael & Susan Dell Foundation purchased a new stake in Hayward during the 3rd quarter valued at $39,646,000. Wellington Management Group LLP bought a new stake in shares of Hayward in the 3rd quarter worth $20,391,000. Weiss Asset Management LP raised its stake in shares of Hayward by 515.0% in the third quarter. Weiss Asset Management LP now owns 1,286,267 shares of the company’s stock worth $19,731,000 after purchasing an additional 1,077,117 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Hayward by 18.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,637,305 shares of the company’s stock valued at $86,476,000 after acquiring an additional 878,705 shares during the period.

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.