HAYW vs. GRMN: Which Stock Is the Better Value Option?

Core Insights - Investors in the Electronics - Miscellaneous Products sector should consider Hayward Holdings, Inc. (HAYW) and Garmin (GRMN) for potential value opportunities [1] Valuation Metrics - HAYW has a forward P/E ratio of 24.88, while GRMN has a forward P/E of 28.76, indicating HAYW may be undervalued compared to GRMN [5] - HAYW's PEG ratio is 2.41, which is lower than GRMN's PEG ratio of 3.01, suggesting HAYW has a more favorable earnings growth outlook relative to its price [5] - HAYW's P/B ratio is 2.42, compared to GRMN's P/B of 4.77, further indicating HAYW's relative undervaluation [6] Zacks Rank and Style Scores - HAYW currently holds a Zacks Rank of 2 (Buy), while GRMN has a Zacks Rank of 3 (Hold), suggesting a stronger earnings outlook for HAYW [3] - HAYW has a Value grade of B, whereas GRMN has a Value grade of D, indicating HAYW is viewed more favorably by value investors [6]