Hayward Holdings Inc (HAYW) stock: 12-month forecast projects 13.19% potential return%

At the time of writing, Hayward Holdings Inc [HAYW] stock is trading at $12.81, up 4.32%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HAYW shares have gain 4.23% over the last week, with a monthly amount glided 4.91%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Hayward Holdings Inc [NYSE: HAYW] stock has seen the most recent analyst activity on January 11, 2024, when Jefferies downgraded its rating to a Hold and also revised its price target to $14 from $15. Previously, Stifel downgraded its rating to Hold on December 20, 2023, and elevated its price target to $13.50. On August 03, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $16.50 on the stock. Stifel downgraded its rating to a Hold and increased its price target to $13 on February 06, 2023. Jefferies upgraded its rating to a Buy and raised its price target to $15 on January 04, 2023. Stifel started tracking with a Buy rating for this stock on December 13, 2022, and assigned it a price target of $11. In a note dated October 18, 2022, BofA Securities downgraded an Underperform rating on this stock and revised its target price from $14 to $8.

For the past year, the stock price of Hayward Holdings Inc fluctuated between $9.80 and $16.04. Currently, Wall Street analysts expect the stock to reach $14.5 within the next 12 months. Hayward Holdings Inc [NYSE: HAYW] shares were valued at $12.81 at the most recent close of the market. An investor can expect a potential return of 13.19% based on the average HAYW price forecast.

Analyzing the HAYW fundamentals

According to Hayward Holdings Inc [NYSE:HAYW], the company’s sales were 994.88M for trailing twelve months, which represents an 1.16% jump. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.83.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.43 points at the first support level, and at 12.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.08, and for the 2nd resistance point, it is at 13.34.

Ratios To Look Out For

It is important to note that Hayward Holdings Inc [NYSE:HAYW] has a current ratio of 3.37. In addition, the Quick Ratio stands at 2.34 and the Cash Ratio stands at 0.54. Considering the valuation of this stock, the price to sales ratio is 2.77, the price to book ratio is 2.08 and price to earnings (TTM) ratio is 34.44.

Transactions by insiders

Recent insider trading involved Canning Susan M., SVP, CLO, Corporate Secretary, that happened on Jul 16 ’24 when 5028.0 shares were sold. President and CEO, HOLLERAN KEVIN completed a deal on Jul 02 ’24 to sell 42857.0 shares. Meanwhile, President and CEO HOLLERAN KEVIN sold 42857.0 shares on Jun 05 ’24.

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