Hayward Holdings Inc
HAYW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^<T | LOCK|l!!lK | LOCK|BKvY<rW |
Hayward Earnings: Solid Margin Expansion Despite Lower Volumes
Narrow-moat-rated Hayward increased its second-quarter adjusted EBITDA by 4% year over year to $82.6 million. We’ve left our long-term revenue growth and operating margin assumptions largely unchanged, but we’ve slightly increased our fair value estimate to $15.40 per share from $15.30 due to time value of money.
