Hayward Holdings Inc
HAYW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <?x | LOCK|k%t>% | LOCK|>fN?CV |
Hayward Earnings: Strong Volume Growth and Margin Expansion in North America
Narrow-moat-rated Hayward ended 2024 on a solid note, as its full-year adjusted EPS of $0.67 beat our estimate by a nickel. After rolling our model forward one year, we've raised our fair value estimate to $17 per share from $16, which reflects our slightly more optimistic operating margin assumptions as well as the time value of money.
