Hayward (NYSE:HAYW) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Hayward (NYSE:HAYW) announced its earnings results on Thursday. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.24 by $0.03, Zacks reports. The business had revenue of $327.08 million during the quarter, compared to the consensus estimate of $302.76 million. Hayward had a net margin of 9.47% and a return on equity of 9.93%. Hayward updated its FY 2025 guidance to EPS.

Hayward Price Performance

Shares of Hayward stock traded up $0.03 on Friday, reaching $14.79. 354,528 shares of the stock were exchanged, compared to its average volume of 1,611,213. The firm’s 50 day moving average is $14.81 and its 200-day moving average is $15.07. Hayward has a one year low of $11.96 and a one year high of $16.87. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.69 and a current ratio of 2.62. The firm has a market cap of $3.19 billion, a PE ratio of 35.20, a P/E/G ratio of 1.87 and a beta of 1.16.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. KeyCorp reissued a “sector weight” rating on shares of Hayward in a report on Monday, January 6th. Robert W. Baird boosted their price objective on shares of Hayward from $17.00 to $18.00 and gave the company a “neutral” rating in a report on Friday. Finally, Stifel Nicolaus raised shares of Hayward from a “hold” rating to a “buy” rating and set a $16.50 price objective for the company in a report on Wednesday, February 5th.

Insider Transactions at Hayward

In related news, CEO Kevin Holleran sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $14.52, for a total transaction of $726,000.00. Following the completion of the transaction, the chief executive officer now directly owns 522,799 shares in the company, valued at $7,591,041.48. This represents a 8.73 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.25% of the stock is currently owned by insiders.

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.