In a report released today, Jeffrey Hammond from KeyBanc reiterated a Buy rating on Hayward Holdings (HAYW – Research Report). The company’s shares closed yesterday at $13.72.
According to TipRanks, Hammond is a 5-star analyst with an average return of 10.7% and a 58.31% success rate. Hammond covers the Industrials sector, focusing on stocks such as Gates Industrial, Generac Holdings, and ITT.
The word on The Street in general, suggests a Hold analyst consensus rating for Hayward Holdings with a $15.63 average price target.
Based on Hayward Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $278.47 million and a net profit of $31.04 million. In comparison, last year the company earned a revenue of $258.97 million and had a net profit of $15.97 million
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HAYW in relation to earlier this year. Last month, KEVIN HOLLERAN, the President & CEO of HAYW sold 42,857.00 shares for a total of $571,712.38.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Hayward Holdings (HAYW) Company Description:
Hayward Holdings Inc is a global designer, manufacturer and marketer of a broad portfolio of pool equipment and associated automation systems. The products are offered under various brands namely AquaVac, AquaRite, ColorLogic, Navigator, OmniLogic, OmniHub, TriStar, Super Pump, TurboCell, pHin and others.
