The closing price of Hayward Holdings Inc. (NYSE: HAYW) was $11.38 for the day, down -2.90% from the previous closing price of $11.72. In other words, the price has decreased by -$0.34 from its previous closing price. On the day, 1468833 shares were traded. HAYW stock price reached its highest trading level at $11.72 during the session, while it also had its lowest trading level at $11.11.
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Our analysis of HAYW’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 60.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.61. For the most recent quarter (mrq), Quick Ratio is recorded 2.10 and its Current Ratio is at 3.50. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.95.
Upgrades & Downgrades
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 12 when CCMP Capital, LP sold 2,036,894 shares for $11.75 per share. The transaction valued at 23,933,504 led to the insider holds 836,843 shares of the business.
CCMP Capital, LP sold 13,579,293 shares of HAYW for $159,556,693 on May 10. The 10% Owner now owns 955,266 shares after completing the transaction at $11.75 per share. On Mar 16, another insider, Soucy Arthur L, who serves as the Director of the company, sold 7,353 shares for $11.48 each. As a result, the insider received 84,420 and left with 17,955 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HAYW now has a Market Capitalization of 2.64B and an Enterprise Value of 3.78B. As of this moment, Hayward’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.58, and their Forward P/E ratio for the next fiscal year is 15.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.24 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 3.39 whereas that against EBITDA is 14.28.
Stock Price History:
Over the past 52 weeks, HAYW has reached a high of $16.49, while it has fallen to a 52-week low of $7.97. The 50-Day Moving Average of the stock is 11.49, while the 200-Day Moving Average is calculated to be 10.90.
HAYW traded an average of 2.07M shares per day over the past three months and 1.97M shares per day over the past ten days. A total of 212.52M shares are outstanding, with a floating share count of 209.69M. Insiders hold about 0.30% of the company’s shares, while institutions hold 108.79% stake in the company. Shares short for HAYW as of May 14, 2023 were 18.28M with a Short Ratio of 19.44M, compared to 17.95M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 8.59% and a Short% of Float of 16.59%.
The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of $0.18 for the current quarter, with a high estimate of $0.22 and a low estimate of $0.16, while EPS last year was $0.37. The consensus estimate for the next quarter is $0.13, with high estimates of $0.15 and low estimates of $0.11.
Analysts are recommending an EPS of between $0.65 and $0.56 for the fiscal current year, implying an average EPS of $0.6. EPS for the following year is $0.76, with 8 analysts recommending between $0.8 and $0.71.
It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. It ranges from a high estimate of $306M to a low estimate of $261M. As of the current estimate, Hayward Holdings Inc.’s year-ago sales were $399.42M, an estimated decrease of -29.60% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $245.24M, an increase of 2.00% over than the figure of -$29.60% in the same quarter last year. There is a high estimate of $256M for the next quarter, whereas the lowest estimate is $229.59M.
A total of 9 analysts have provided revenue estimates for HAYW’s current fiscal year. The highest revenue estimate was $1.06B, while the lowest revenue estimate was $1.03B, resulting in an average revenue estimate of $1.04B. In the same quarter a year ago, actual revenue was $1.31B, down -20.50% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $1.15B in the next fiscal year. The high estimate is $1.21B and the low estimate is $1.11B. The average revenue growth estimate for next year is up 9.70% from the average revenue estimate for this year.