Professional
Added to YB: 2024-07-04
Pitch date: 2024-06-25
HAYW [bullish]
Hayward Holdings, Inc.
+32.31%
current return
Author Info
No bio for this author
Company Info
Hayward Holdings, Inc. designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally.
Market Cap
$3.4B
Pitch Price
$12.10
Price Target
15.30 (-4%)
Dividend
N/A
EV/EBITDA
13.09
P/E
25.06
EV/Sales
3.58
Sector
Building Products
Category
growth
Hayward Holdings, Inc.: On Pace to Reach Original Full-Year Guidance
HAYW: Pool equipment leader, 80% aftermarket rev. FV $15.30. 2024 guidance: 2-7% sales growth, $255-275M adj EBITDA. Long-term mid-high single-digit growth. Smart pools drive 3x content value. Omni platform enhances loyalty. Narrow moat: switching costs, intangibles. Risks: inventory correction, macro headwinds. 7% CAGR thru 2028. 25% op margin by 2027.
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