Hayward Holdings, Inc. (NYSE:HAYW - Get Free Report) CEO Kevin Holleran sold 61,429 shares of the firm's stock in a transaction on Monday, April 1st. The shares were sold at an average price of $15.14, for a total transaction of $930,035.06. Following the transaction, the chief executive officer now directly owns 522,799 shares of the company's stock, valued at $7,915,176.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Hayward Price Performance
HAYW stock opened at $14.80 on Thursday. Hayward Holdings, Inc. has a 12 month low of $9.80 and a 12 month high of $16.04. The company has a current ratio of 3.02, a quick ratio of 2.13 and a debt-to-equity ratio of 0.82. The company has a 50-day moving average price of $13.75 and a 200 day moving average price of $12.97. The stock has a market cap of $3.17 billion, a PE ratio of 41.11 and a beta of 1.22.
Hayward (NYSE:HAYW - Get Free Report) last announced its quarterly earnings data on Thursday, February 29th. The company reported $0.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.02. Hayward had a net margin of 8.13% and a return on equity of 9.55%. The company had revenue of $278.50 million during the quarter, compared to analyst estimates of $271.47 million. During the same quarter last year, the business posted $0.10 EPS. The firm's revenue for the quarter was up 7.5% on a year-over-year basis. Equities research analysts anticipate that Hayward Holdings, Inc. will post 0.57 earnings per share for the current year.
Institutional Investors Weigh In On Hayward
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A number of institutional investors and hedge funds have recently added to or reduced their stakes in HAYW. Advisor Group Holdings Inc. lifted its holdings in Hayward by 16.7% during the 1st quarter. Advisor Group Holdings Inc. now owns 12,876 shares of the company's stock valued at $212,000 after buying an additional 1,844 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Hayward by 7.6% in the 1st quarter. BlackRock Inc. now owns 1,842,041 shares of the company's stock valued at $30,617,000 after purchasing an additional 129,777 shares in the last quarter. Dimensional Fund Advisors LP bought a new stake in shares of Hayward in the 1st quarter valued at about $304,000. Blair William & Co. IL raised its holdings in shares of Hayward by 30.8% in the 1st quarter. Blair William & Co. IL now owns 46,828 shares of the company's stock valued at $778,000 after purchasing an additional 11,020 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Hayward by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 7,257,039 shares of the company's stock valued at $120,612,000 after purchasing an additional 30,762 shares in the last quarter.
Analysts Set New Price Targets
Several equities analysts recently weighed in on HAYW shares. Jefferies Financial Group cut shares of Hayward from a "buy" rating to a "hold" rating and cut their target price for the company from $15.00 to $14.00 in a research note on Thursday, January 11th. The Goldman Sachs Group lifted their price objective on shares of Hayward from $12.00 to $15.00 and gave the stock a "neutral" rating in a research note on Monday, March 4th. TheStreet raised shares of Hayward from a "d+" rating to a "c-" rating in a research note on Monday, January 22nd. Finally, Stifel Nicolaus lifted their price objective on shares of Hayward from $13.50 to $14.50 and gave the stock a "hold" rating in a research note on Tuesday, March 5th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $14.70.
Check Out Our Latest Analysis on HAYW
About Hayward
(
Get Free Report)
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.
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