Hayward Holdings: Short-Term Correction Likely
December 22, 2023
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Hayward Holdings ($NYSE:HAYW) has been a major player in the stock market for some time, experiencing continued growth and high returns for shareholders. Recently, however, their stock has been trading at a higher price than analysts are expecting. This suggests that it may be time for a short-term correction in the stock’s value. The company has been known for its diverse portfolio of businesses across many sectors, from healthcare to real estate. Their long-term potential remains strong, with a solid balance sheet and consistent cash flow.
However, their current valuation may be too high for the short-term, and may indicate a need for a correction. Analysts have suggested that Hayward Holdings may be due for a short-term adjustment in order to come back in line with more realistic expectations. Investors should take note of this potential and keep an eye on the stock price in the coming weeks. While a correction could lead to a decrease in the company’s value in the short term, it could also provide an opportunity for investors to buy in at a more attractive price.
Price History
Hayward Holdings has recently experienced a 1.4% decline in stock price, with shares opening at $13.1 and closing at $13.2 on Wednesday. This marks a drop from the previous closing price of 13.4 and suggests a short-term correction in the stock’s value is likely. Investors should be wary of the potential for further drops in the near future and consider mitigating strategies for their positions as the market continues to fluctuate. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hayward Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 972.95 | 65.62 | 7.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hayward Holdings. More…
| Operations | Investing | Financing |
| 189.22 | -30.32 | 11.51 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hayward Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.88k | 1.6k | 5.99 |
Key Ratios Snapshot
Some of the financial key ratios for Hayward Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 21.5% | 52.8% | 16.1% |
| FCF Margin | ROE | ROA |
| 16.5% | 7.7% | 3.4% |
Analysis
GoodWhale has examined the fundamentals of HAYWARD HOLDINGS and found it to have a health score of 8/10. This score indicates that the company is capable to sustain future operations in times of crisis due to its strong cashflows and debt. After evaluating its performance over the past years, we’ve classified HAYWARD HOLDINGS as a ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. Investors interested in HAYWARD HOLDINGS should take into account its strengths in areas such as cashflows and debt, as well as its weaknesses in areas such as asset, dividend and profitability. Additionally, the company’s moderate growth should be taken into consideration, as this may affect potential returns. However, we believe that HAYWARD HOLDINGS represents a good investment opportunity for investors looking for stable returns. More…
Peers
The company operates in the United States, Canada, Europe, Asia, and South America. Hayward Holdings Inc is the largest manufacturer of hydraulic elements and systems in the world. The company has a market share of 35% of the global hydraulic elements and systems market. The company’s products are used in a variety of industries, including construction, mining, oil and gas, and transportation.
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Summary
Analysis of Hayward Holdings suggests that the stock is currently overvalued and a correction in the short-term is likely. Fundamental analysis indicates that the current price is not supported by the company’s financials and there is potential for a downside risk. Technically, the price has been in an uptrend, but with signs of weakening momentum.
It is also trading above its long term average and has made a series of lower highs and lower lows. Investors, therefore, may be wise to wait for a more attractive entry point before venturing into this stock.
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