HAYW or GRMN: Which Is the Better Value Stock Right Now?

Core Viewpoint - Hayward Holdings, Inc. (HAYW) is currently viewed as a more attractive investment option compared to Garmin (GRMN) for value investors, based on stronger earnings outlook and favorable valuation metrics [3][7]. Valuation Metrics - HAYW has a forward P/E ratio of 22.10, while GRMN has a higher forward P/E of 29.69, indicating HAYW may be undervalued [5]. - The PEG ratio for HAYW is 2.32, compared to GRMN's PEG ratio of 2.66, suggesting HAYW offers better value relative to its expected earnings growth [5]. - HAYW's P/B ratio stands at 2.34, significantly lower than GRMN's P/B ratio of 5.67, further supporting HAYW's valuation attractiveness [6]. Earnings Outlook - HAYW has experienced stronger estimate revision activity, indicating a more favorable earnings outlook compared to GRMN [3][7]. - The Zacks Rank for HAYW is 2 (Buy), while GRMN holds a Zacks Rank of 3 (Hold), reflecting HAYW's superior position in terms of earnings estimates [3]. Value Grades - HAYW has a Value grade of B, while GRMN has a Value grade of D, highlighting the relative undervaluation of HAYW [6].