Hayward Holdings Inc [HAYW] Revenue clocked in at $995.74 million, up 10.59% YTD: What’s Next?

Hayward Holdings Inc [NYSE: HAYW] gained 2.17% or 0.32 points to close at $15.04 with a heavy trading volume of 3165147 shares.

The daily chart for HAYW points out that the company has recorded 2.17% gains over the past six months.

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If we look at the average trading volume of 1.72M shares, HAYW reached to a volume of 3165147 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Hayward Holdings Inc [HAYW]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HAYW shares is $16.06 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HAYW stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for Hayward Holdings Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on January 11, 2024. While these analysts kept the previous recommendation, Stifel raised their target price from $13 to $13.50. The new note on the price target was released on December 20, 2023, representing the official price target for Hayward Holdings Inc stock. Previously, the target price had yet another raise from $14 to $16.50, while Stifel kept a Buy rating on HAYW stock. On February 06, 2023, analysts increased their price target for HAYW shares from 11 to 13.

The Average True Range (ATR) for Hayward Holdings Inc is set at 0.51, with the Price to Sales ratio for HAYW stock in the period of the last 12 months amounting to 3.25. The Price to Book ratio for the last quarter was 2.38, with the Price to Cash per share for the same quarter was set at 1.00. Price to Free Cash Flow for HAYW in the course of the last twelve months was 16.03 with Quick ratio for the last quarter at 1.68.

Trading performance analysis for HAYW stock

Hayward Holdings Inc [HAYW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.94. With this latest performance, HAYW shares gained by 6.06% in over the last four-week period, additionally plugging by 2.17% over the last 6 months – not to mention a rise of 6.82% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HAYW stock in for the last two-week period is set at 64.14, with the RSI for the last a single of trading hit 69.90, and the three-weeks RSI is set at 60.85 for Hayward Holdings Inc [HAYW]. The present Moving Average for the last 50 days of trading for this stock 13.93, while it was recorded at 14.21 for the last single week of trading, and 13.61 for the last 200 days.

Hayward Holdings Inc [HAYW]: A deeper dive into fundamental analysis

Hayward Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.68 and a Current Ratio set at 2.59.

Hayward Holdings Inc [HAYW]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Hayward Holdings Inc posted 0.09/share EPS, while the average EPS was predicted by analysts to be reported at 0.08/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.01. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HAYW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Hayward Holdings Inc go to 10.30%.

An analysis of Institutional ownership at Hayward Holdings Inc [HAYW]

There are presently around $78.50%, or 78.98%% of HAYW stock, in the hands of institutional investors. The top three institutional holders of HAYW stocks are: MSD PARTNERS, L.P. with ownership of 71.54 million shares, which is approximately 33.3733%. FMR LLC, holding 26.32 million shares of the stock with an approximate value of $$323.72 million in HAYW stocks shares; and FMR LLC, currently with $$196.58 million in HAYW stock with ownership which is approximately 7.4557%.

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