The price of Hayward Holdings Inc (NYSE:HAYW) shares last traded on Wall Street rose 5.93% to $16.60.
HAYW stock price is now 12.45% away from the 50-day moving average and 19.31% away from the 200-day moving average. The market capitalization of the company currently stands at $3.57B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target reduced from $15 to $14, Jefferies Downgraded its rating from Buy to Hold for Hayward Holdings Inc (NYSE: HAYW). On December 20, 2023, Stifel Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock increasing its target price from $13 to quote $13.50, while the Stifel previously rated the stock as ‘Buy’ on August 03, 2023.
In other news, HOLLERAN KEVIN, President and CEO sold 42,857 shares of the company’s stock on Sep 03 ’24. The stock was sold for $612,521 at an average price of $14.29. Upon completion of the transaction, the President and CEO now directly owns 522,799 shares in the company, valued at $8.68 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 14 ’24, Officer Emory Billy bought 4,890 shares of the business’s stock. A total of $68,289 was incurred on buying the stock at an average price of $13.97. A total of 0.86% of the company’s stock is owned by insiders.
During the past 12 months, Hayward Holdings Inc has had a low of $9.80 and a high of $16.40. As of last week, the company has a debt-to-equity ratio of 0.71, a current ratio of 2.62, and a quick ratio of 1.69. According to the stock market information, the enterprise value for the company is $4344915456, which is based on a 39.07 price-to-earnings ratio, a 3.79 price-to-earnings-growth ratio, and a beta of 1.21. The fifty day moving average price for HAYW is $14.7622 and a two-hundred day moving average price translates $13.9128 for the stock.
The latest earnings results from Hayward Holdings Inc (NYSE: HAYW) was released for 2024-09-28. The net profit margin was 9.47% and return on equity was 7.16% for HAYW. The company reported revenue of $227.57 million for the quarter, compared to $220.3 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.3 percent.