What is KeyCorp’s Estimate for Hayward Q4 Earnings?

Hayward Holdings, Inc. (NYSE:HAYW) – Investment analysts at KeyCorp issued their Q4 2024 EPS estimates for shares of Hayward in a research note issued on Sunday, January 5th. KeyCorp analyst J. Hammond expects 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 posted its quarterly earnings data on Tuesday, October 29th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. The firm had revenue of $227.57 million for the quarter, compared to the consensus estimate of $222.88 million. Hayward had a return on equity of 9.93% and a net margin of 9.47%. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.08 earnings per share.

Several other brokerages also recently commented on HAYW. Robert W. Baird boosted their price objective on Hayward from $19.00 to $20.00 and gave the company a “neutral” rating in a research report 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 report on Monday, October 28th. Finally, The Goldman Sachs Group raised their price target on Hayward from $14.00 to $16.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Five equities research analysts have rated the stock with a hold rating, According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $16.80.

Hayward Stock Performance

HAYW opened at $14.76 on Wednesday. The firm has a market cap of $3.18 billion, a P/E ratio of 35.14, a PEG ratio of 2.28 and a beta of 1.17. Hayward has a 1-year low of $11.81 and a 1-year high of $16.87. The company has a 50 day simple moving average of $15.87 and a two-hundred day simple moving average of $14.68. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.62 and a quick ratio of 1.69.

Insider Buying and Selling

In other news, CEO Kevin Holleran sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $15.96, for a total value of $1,596,000.00. Following the completion of the sale, the chief executive officer now owns 522,799 shares of the company’s stock, valued at approximately $8,343,872.04. This represents a 16.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Eifion Jones sold 75,000 shares of Hayward stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $16.11, for a total transaction of $1,208,250.00. Following the transaction, the chief financial officer now directly owns 258,903 shares in the company, valued at approximately $4,170,927.33. The trade was a 22.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.25% of the stock is owned by corporate insiders.

Institutional Trading of Hayward

A number of hedge funds have recently bought and sold shares of HAYW. Principal Financial Group Inc. raised its position in shares of Hayward by 7.2% in the 3rd quarter. Principal Financial Group Inc. now owns 668,396 shares of the company’s stock worth $10,253,000 after acquiring an additional 44,978 shares in the last quarter. Tidal Investments LLC bought a new position in Hayward in the third quarter worth about $216,000. Sanctuary Advisors LLC bought a new position in Hayward in the third quarter worth about $308,000. Virtu Financial LLC purchased a new stake in shares of Hayward during the third quarter valued at about $306,000. Finally, Neo Ivy Capital Management bought a new stake in shares of Hayward in the 3rd quarter valued at about $260,000.

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.