Hayward Holdings, Inc. (HAYW) is trading -8% lower at $13.74 today.
Hayward Holdings, Inc. is a global designer, manufacturer and marketer of a broad portfolio of pool equipment and associated automation systems. Headquartered in Berkeley Heights, NJ, Hayward designs, manufactures, and markets a full line of innovative, energy-efficient pool and spa equipment, with brands including AquaVac®, AquaRite®, ColorLogic®, Navigator®, OmniLogic®, OmniHub™, TriStar®, Super Pump®, TurboCell®, pHin™, CAT Controllers®, HCP Pumps and Saline C® Series.
Hayward is likely trading down in reaction to peer Pool (POOL) lowering guidance. The swimming pool supplies company is now guiding for Q2 2022 EPS of $18.38 to $19.13 per diluted share, which is towards the lower-end below the consensus estimate of $18.85.
Meanwhile, Q2 year-over-year revenue growth of 15%, to $2.1B, is $30M short of the analyst estimate for POOL. Hayward Holdings, Inc. has been trading between a 52-week high of $28.65 and a 52-week low of $13.19. The stock has a market cap of $3.11 Billion.
Headlines
Hayward Holdings Announces Second Quarter 2022 Earnings Release and Conference Call Date
Wallstreet:Online 07-12-22
Hayward Announces OmniLogic Integration with Savant Home Automation
Wallstreet:Online 06-28-22
Hayward® Announces OmniLogic® Integration with Savant® Home Automation
Business Wire 06-28-22
Hayward Bolsters Pool & Spa Lighting Business - Read How
Benzinga 06-02-22
Hayward Expands Presence in Outdoor Living Market with Acquisition from Halco Lighting Technologies
Wallstreet:Online 06-02-22