Company Reports

Hayward Holdings is a pure-play swimming pool equipment company manufacturing a broad range of pool equipment, including pumps, filters, heaters, LED lights, and sanitization, as well as pool automation solutions. The company benefits from a large installed base of equipment; roughly 85% of its revenue comes from aftermarket service and replacement parts.

Hayward's second-quarter adjusted EPS of $0.26 came in $0.02 above the FactSet consensus estimate. Net sales increased by 6% year over year on higher pricing as volumes stayed flat. Management maintained its full-year outlook and expects net sales growth of around 5% and adjusted EPS of $0.84-$0.87.

Hayward increased its first-quarter net sales by 12% and adjusted EBITDA by 15% from the prior-year period.

Hayward Holdings is a pure-play swimming pool equipment company manufacturing a broad range of pool equipment, including pumps, filters, heaters, LED lights, and sanitization, as well as pool automation solutions. The company benefits from a large installed base of equipment; roughly 85% of its revenue comes from aftermarket service and replacement parts.

Hayward's fourth-quarter adjusted earnings per share of $0.29 came in a penny above the FactSet consensus estimate. For 2026, management anticipates adjusted EPS of $0.82-$0.86, roughly in line with consensus expectations.

Hayward Holdings is a pure-play swimming pool equipment company manufacturing a broad range of pool equipment, including pumps, filters, heaters, LED lights, and sanitization, as well as pool automation solutions. The company benefits from a large installed base of equipment; roughly 85% of its revenue comes from aftermarket service and replacement parts.

Hayward's stock jumped around 10% in Oct. 29 trading after third-quarter adjusted earnings per share of $0.14 beat the FactSet consensus estimate by $0.02. Management now anticipates full-year sales of $1,095 million-$1,110 million, up from $1,070 million-$1,100 million previously.

Hayward Holdings is a pure-play swimming pool equipment company manufacturing a broad range of pool equipment, including pumps, filters, heaters, LED lights, and sanitization, as well as pool automation solutions. The company benefits from a large installed base of equipment; nearly 80% of its revenue comes from aftermarket service and replacement parts.

Hayward Holdings is a pure-play swimming pool equipment company manufacturing a broad range of pool equipment, including pumps, filters, heaters, LED lights, and sanitization, as well as pool automation solutions. The company benefits from a large installed base of equipment, and nearly 80% of its revenue comes from aftermarket service and replacement parts.

Hayward's second-quarter adjusted EPS of $0.24 came in a penny above the FactSet consensus estimate. Management has raised the low end of its 2025 guidance, now expecting full-year sales growth of 2%-5%, up from 1%-5% previously.

Hayward Holdings is a pure-play swimming pool equipment company manufacturing a broad range of pool equipment, including pumps, filters, heaters, LED lights, and sanitization, as well as pool automation solutions. The company benefits from a large installed base of equipment, and nearly 80% of its revenue comes from aftermarket service and replacement parts.

Narrow-moat-rated Hayward started the year with a solid first quarter, delivering a 25% year-over-year increase in adjusted EPS to $0.10. We've maintained our $17 per share fair value estimate, as time value of money offset our slightly more conservative near-term volume growth projections. We see the name as slightly undervalued, with shares currently trading in 4-star territory.

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.

Hayward Holdings is a pure-play swimming pool equipment company manufacturing a broad range of pool equipment, including pumps, filters, heaters, LED lights, and sanitization, as well as pool automation solutions. The company benefits from a large installed base of equipment, and nearly 80% of its revenue comes from aftermarket service and replacement parts.

Hayward Holdings is a pure-play swimming pool equipment company manufacturing a broad range of pool equipment, including pumps, filters, heaters, LED lights, and sanitization, as well as pool automation solutions. The company benefits from a large installed base of equipment, and nearly 80% of its revenue comes from aftermarket service and replacement parts.

Narrow-moat-rated Hayward delivered solid third-quarter results, featuring an 8% year-over-year increase in adjusted EBITDA to $51.1 million. We’ve raised our fair value estimate to $16 from $15.40, reflecting our slightly more optimistic near-term revenue growth projections and time value of money.

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.

Hayward Holdings is a pure-play swimming pool equipment company manufacturing a broad range of pool equipment, including pumps, filters, heaters, LED lights, and sanitization, as well as pool automation solutions. The company benefits from a large installed base of equipment, and nearly 80% of its revenue comes from aftermarket service and replacement parts.

Hayward Holdings is a pure-play swimming pool equipment company manufacturing a broad range of pool equipment, including pumps, filters, heaters, LED lights, and sanitization, as well as pool automation solutions. The company benefits from a large installed base of equipment, and nearly 80% of its revenue comes from aftermarket service and replacement parts.

Narrow-moat-rated Hayward posted solid first-quarter results, as its adjusted EPS of $0.08 came in $0.01 above the FactSet consensus estimate. While nothing in the firm's earnings release materially alters our long-term outlook, we've slightly bumped our fair value estimate up to $15.30 from $15.20 per share due to the time value of money.