Hayward (HAYW) to Release Earnings on Thursday

Hayward (NYSE:HAYW) will likely be releasing its earnings data before the market opens on Thursday, February 27th. Analysts expect Hayward to post earnings of $0.24 per share and revenue of $302.76 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Hayward Stock Performance

Shares of Hayward stock opened at $14.30 on Tuesday. Hayward has a one year low of $11.96 and a one year high of $16.87. The business has a 50-day simple moving average of $14.88 and a 200-day simple moving average of $15.07. 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 company has a market cap of $3.08 billion, a PE ratio of 34.04, a P/E/G ratio of 1.87 and a beta of 1.16.

Insider Activity

In other news, CEO Kevin Holleran sold 50,000 shares of Hayward stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $14.52, for a total value of $726,000.00. Following the sale, the chief executive officer now owns 522,799 shares of the company’s stock, valued at $7,591,041.48. The trade was a 8.73 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.25% of the company’s stock.

Wall Street Analyst Weigh In

HAYW has been the topic of several recent analyst reports. KeyCorp reiterated a “sector weight” rating on shares of Hayward in a research note on Monday, January 6th. The Goldman Sachs Group lifted their target price on Hayward from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Robert W. Baird raised their price target on Hayward from $19.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. Finally, Stifel Nicolaus upgraded shares of Hayward from a “hold” rating to a “buy” rating and set a $16.50 target price on the stock in a research report on Wednesday, February 5th.

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.