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Stifel Reiterates ‘Buy’ Rating on Hayward Holdings, Inc. (HAYW) With an $18 PT
Yahoo Finance· 2025-09-22 01:25
Core Viewpoint - Hayward Holdings, Inc. (NYSE:HAYW) is recognized as a promising investment opportunity within the clean energy sector, particularly due to its significant upside potential and strong financial metrics [1][3]. Group 1: Financial Performance - Stifel has reiterated a 'Buy' rating on Hayward Holdings, setting a price target of $18, reflecting confidence in the company's management and performance [2]. - The company has demonstrated resilience by recovering margins despite weak volumes in the post-COVID period, achieving a gross profit margin of 51% [3]. - Hayward maintains a healthy current ratio of 2.84, indicating strong liquidity and financial stability [3]. - Fiscal 2025 revenue and EBITDA estimates are at the high end of guidance, suggesting continued strong performance [3]. - Projections for fiscal 2026 indicate mid-single-digit revenue growth, even in a slower recovery environment for the category [3]. Group 2: Business Overview - Hayward Holdings, Inc. specializes in pool equipment and automation systems, serving markets across North America, Europe, and internationally [4]. - The company is recognized as one of the best clean energy stocks, highlighting its position within the industry [4].