Hayward Holdings (HAYW) AI Stock Analysis

• Market Cap: $3.14B
• Dividend Yield: N/A
• Average Volume (3M): 1.65M
• Price to Earnings (P/E): 26.3
• Beta (1Y): 0.85
• Revenue Growth: 7.34%
• EPS Growth: 48.64%
• Country: US
• Employees: 1,934
• Sector: Industrials
• Sector Strength: 89
• Industry: Electrical Equipment & Parts
• EPS (TTM): 0.10
• Shares Outstanding: 216,287,900
• 10 Day Avg. Volume: 1,932,094
• 30 Day Avg. Volume: 1,654,200
• PEG Ratio: -0.47
• Price to Book (P/B): 1.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 23.95
• Enterprise Value/Market Cap: 0.99
• Enterprise Value/Revenue: 0.76
• Enterprise Value/Gross Profit: 5.84
• Enterprise Value/Ebitda: 3.12
• 1Y Price Target: $15.75
• Price Target Upside: 7.88% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 6

• Rating: 68 Neutral
• Price Target: $15.00 ▲(2.74%Upside)

Hayward Holdings exhibits strong financial management and positive earnings call insights, which are the primary contributors to the score. Technical analysis and valuation are less favorable, indicating mixed market sentiment and moderate pricing relative to earnings.

Positive Factors

Earnings

Shares reacted positively to a nice, broad-based first-quarter beat and maintained 2025 guidance despite the more uncertain macro and rising costs from tariffs.

Innovation

Hayward has shown strong innovation with products such as the microchannel heat pump and its introduction of OmniX products, which we expect to drive share in coming years.

Negative Factors

Consumer Spending

Increasing risks to US consumer spending and the deterioration in housing fundamentals push out expectations for a recovery in the pool market.

Economic Risks

The risks of a consumer-led recession have risen meaningfully.

Hayward Holdings Business Overview & Revenue Model

Company Description

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 residential and commercial pool equipment, including pumps, filters, heaters, automatic pool cleaners, LED lighting, Internet of things enabled controls, alternate sanitizers, and water features. It sells its products through specialty distributors, retailers, and buying groups. Hayward Holdings, Inc. was founded in 1925 and is headquartered in Charlotte, North Carolina.

How the Company Makes Money

Hayward Holdings generates revenue primarily through the sale of its pool equipment and associated automation systems. The company capitalizes on both new pool construction and the aftermarket, providing replacement and upgrade products for existing pool infrastructures. Key revenue streams include the sale of pumps, filters, heaters, sanitizers, and automation solutions. Hayward's earnings are further supported by its extensive distribution network, which includes partnerships with pool builders, retailers, and service professionals. The company's focus on energy-efficient and sustainable products also appeals to environmentally conscious consumers, bolstering its market position and revenue potential.

Hayward Holdings Financial Statement Overview

Summary

Hayward Holdings shows a solid financial performance with improvements in gross profit margins and consistent EBIT margins. The balance sheet is strong with a good equity position and reduced debt, but there is room for improvement in return on equity. Cash flow management is robust, with strong free cash flow growth and effective cash generation relative to net income.

Income Statement

Hayward Holdings demonstrates a solid financial performance with improving gross profit margins and consistent EBIT margins over the TTM. Revenue growth has been modest with a growth rate of 1.55% from the previous year. However, the company has seen a decline from its peak revenue levels in 2021, indicating some volatility. The net profit margin is healthy, reflecting effective cost management.

Balance Sheet

The balance sheet of Hayward Holdings shows a strong equity position with an equity ratio of 48.23% in TTM. The company has significantly reduced its total debt, which has improved the debt-to-equity ratio to 0.01, enhancing financial stability. However, the return on equity is moderate at 8.56%, suggesting room for improvement in generating returns on shareholder capital.

Cash Flow

Hayward Holdings exhibits robust cash flow management with a strong free cash flow growth rate of 38.20% in TTM. The operating cash flow to net income ratio of 2.30 indicates effective cash generation relative to net income. The free cash flow to net income ratio is 2.11, highlighting excellent cash flow conversion from earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.07B	1.05B	992.45M	1.31B	1.40B	875.40M
Gross Profit	532.60M	530.76M	476.95M	597.03M	655.78M	397.00M
EBITDA	244.73M	208.79M	227.75M	356.87M	390.82M	188.10M
Net Income	123.15M	118.66M	80.69M	179.35M	203.72M	43.30M
Balance Sheet
Total Assets	2.98B	2.99B	2.95B	2.88B	2.98B	2.61B
Cash, Cash Equivalents and Short-Term Investments	181.33M	196.59M	203.10M	56.18M	265.80M	114.90M
Total Debt	973.27M	975.39M	1.16B	1.10B	985.28M	1.30B
Total Liabilities	1.55B	1.57B	1.63B	1.65B	1.61B	2.40B
Stockholders Equity	1.44B	1.42B	1.31B	1.22B	1.37B	209.20M
Cash Flow
Free Cash Flow	259.55M	187.78M	153.55M	86.32M	160.37M	198.20M
Operating Cash Flow	283.42M	212.07M	184.54M	115.94M	187.51M	213.80M
Investing Cash Flow	-79.36M	-54.13M	-55.38M	-92.57M	-48.78M	-13.00M
Financing Cash Flow	-137.44M	-136.79M	-7.61M	-229.24M	10.96M	-135.10M

Hayward Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 14.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HAYW, the sentiment is Positive. The current price of 14.6 is above the 20-day moving average (MA) of 13.94, above the 50-day MA of 13.99, and above the 200-day MA of 14.57, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 63.44 is Neutral, neither overbought nor oversold. The STOCH value of 79.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HAYW.

Hayward Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
POWL	78 Outperform	$2.61B	15.21	37.08%	0.49%	27.43%	67.93%
AEIS	76 Outperform	$5.14B	70.59	6.36%	0.29%	0.06%	-28.32%
ATKR	74 Outperform	$2.54B	14.51	12.73%	1.75%	-12.02%	-67.69%
ENS	73 Outperform	$3.39B	9.78	19.82%	1.09%	1.00%	38.51%
HAYW	68 Neutral	$3.14B	26.27	8.92%	―	7.34%	48.64%
Sector *	65 Neutral	$10.75B	15.72	5.20%	1.90%	3.09%	-27.42%
ENR	59 Neutral	$1.57B	29.68	33.46%	5.52%	0.39%	-37.01%

Hayward Holdings Corporate Events

Hayward Holdings Amends ABL Credit Agreement

On June 18, 2025, Hayward Holdings, through its subsidiaries, entered into the Fifth Amendment to the ABL Credit Agreement with Bank of America and other lenders. This amendment extends the maturity date of the revolving facility to February 25, 2028, removes the 10 basis points credit spread adjustment for Secured Overnight Financing Rate borrowings, and eliminates the first-in, last-out subfacility.

The most recent analyst rating on (HAYW) stock is a Hold with a $18.00 price target. To see the full list of analyst forecasts on Hayward Holdings stock, see the HAYW Stock Forecast page.

Hayward Holdings Holds Annual Stockholders Meeting

On May 22, 2025, Hayward Holdings, Inc. conducted its Annual Meeting of Stockholders, where key decisions were made. The election of directors resulted in Ronald Keating, Lawrence Silber, and Edward Ward being elected to serve until 2028. Additionally, the compensation for the company’s named executive officers was approved on an advisory basis, and PricewaterhouseCoopers LLP was ratified as the independent registered public accountants for the fiscal year ending December 31, 2025.

The most recent analyst rating on (HAYW) stock is a Hold with a $18.00 price target. To see the full list of analyst forecasts on Hayward Holdings stock, see the HAYW Stock Forecast page.