Ready to Jump After Recent Trade: Hayward Holdings Inc (HAYW)

With 1.23 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.07 million shares. The 52-week range on HAYW shows that it touched its highest point at $16.87 and its lowest point at $11.10 during that stretch. It currently has a 1-year price target of $15.75. Beta for the stock currently stands at 1.15.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HAYW was up-trending over the past week, with a rise of 0.21%, but this was up by 24.12% over a month. Three-month performance dropped to -4.36% while six-month performance fell -13.22%. The stock lost -2.50% in the past year, while it has lost -8.11% so far this year. A look at the trailing 12-month EPS for HAYW yields 0.56 with Next year EPS estimates of 0.80. For the next quarter, that number is 0.22. This implies an EPS growth rate of 5.52% for this year and 13.22% for next year. EPS is expected to grow by 10.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 200.16%.

Float and Shares Shorts:

At present, 216.20 million HAYW shares are outstanding with a float of 198.47 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HAYW since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.64402 being high and $0.6239 being low. For HAYW, this leads to a yearly average estimate of $0.63396.