Hayward Holdings, Inc. (HAYW) Hit a 52 Week High, Can the Run Continue?

Core Viewpoint - Hayward Holdings, Inc. (HAYW) has shown strong stock performance, with a 12.7% increase over the past month and a new 52-week high of $17.65, outperforming both the Zacks Computer and Technology sector and the Zacks Electronics - Miscellaneous Products industry [1][2]. Financial Performance - The company has consistently exceeded earnings expectations, reporting an EPS of $0.14 against a consensus estimate of $0.12 in its last earnings report [2]. - For the current fiscal year, Hayward Holdings is projected to achieve earnings of $0.73 per share on revenues of $1.09 billion, reflecting an 8.96% increase in EPS and a 3.98% increase in revenues [3]. - The next fiscal year forecasts an EPS of $0.81 on revenues of $1.15 billion, indicating a year-over-year change of 10.96% in EPS and 5.26% in revenues [3]. Valuation Metrics - The stock currently trades at 23.5 times the current fiscal year EPS estimates, slightly below the peer industry average of 24.4 times [7]. - On a trailing cash flow basis, it trades at 17.8 times compared to the peer group's average of 16.2 times [7]. - The PEG ratio stands at 2.32, which does not position the company among the top value stocks [7]. Zacks Rank and Style Scores - Hayward Holdings holds a Zacks Rank of 2 (Buy), supported by rising earnings estimates [8]. - The stock has a Value Score of B, a Growth Score of A, and a Momentum Score of F, resulting in a combined VGM Score of B [6][9]. - The combination of a Zacks Rank of 2 and Style Scores of A or B suggests potential for further stock price appreciation in the near term [9].