KeyCorp Estimates Hayward’s Q4 Earnings (NYSE:HAYW)

Hayward Holdings, Inc. (NYSE:HAYW) – Investment analysts at KeyCorp issued their Q4 2024 earnings per share estimates for shares of Hayward in a research note issued on Sunday, January 5th. KeyCorp analyst J. Hammond anticipates that the company will post earnings of $0.22 per share for the quarter. KeyCorp currently 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.

Hayward (NYSE:HAYW) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Hayward had a net margin of 9.47% and a return on equity of 9.93%. The firm had revenue of $227.57 million during the quarter, compared to analysts’ expectations of $222.88 million. During the same period in the prior year, the company earned $0.08 EPS. The firm’s revenue was up 3.3% on a year-over-year basis.

A number of other analysts have also issued reports on HAYW. The Goldman Sachs Group lifted their price objective on shares of Hayward from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Stifel Nicolaus lifted their target price on Hayward from $15.50 to $16.00 and gave the stock a “hold” rating in a research report on Monday, October 28th. Finally, Robert W. Baird upped their price target on Hayward from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Five analysts have rated the stock with a hold rating, According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $16.80.

Hayward Price Performance

Shares of NYSE HAYW opened at $14.51 on Wednesday. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 34.55, a PEG ratio of 2.28 and a beta of 1.17. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.62 and a quick ratio of 1.69. Hayward has a 1-year low of $11.81 and a 1-year high of $16.87. The business has a 50-day moving average of $15.79 and a 200-day moving average of $14.68.

Institutional Trading of Hayward

Large investors have recently added to or reduced their stakes in the business. MSD Capital L P acquired a new stake in shares of Hayward during the third quarter valued at approximately $418,901,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Hayward by 18.5% in the third 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 purchasing an additional 878,705 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Hayward by 0.6% in the third quarter. Victory Capital Management Inc. now owns 5,123,240 shares of the company’s stock valued at $78,591,000 after purchasing an additional 32,514 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Hayward by 13.6% in the second quarter. American Century Companies Inc. now owns 4,671,932 shares of the company’s stock worth $57,465,000 after buying an additional 558,227 shares during the period. Finally, State Street Corp grew its holdings in shares of Hayward by 8.5% during the third quarter. State Street Corp now owns 4,355,277 shares of the company’s stock valued at $66,810,000 after buying an additional 341,424 shares in the last quarter.

Insider Transactions at Hayward

In related news, CFO Eifion Jones sold 75,000 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $16.11, for a total value of $1,208,250.00. Following the completion of the sale, the chief financial officer now owns 258,903 shares of the company’s stock, valued at $4,170,927.33. This represents a 22.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Kevin Holleran sold 100,000 shares of the business’s stock in a transaction that occurred 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 sale, the chief executive officer now directly owns 522,799 shares in the company, valued at approximately $8,343,872.04. The trade was a 16.06 % decrease in their position. The disclosure for this sale can be found here. Insiders own 3.25% of the company’s stock.

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.