Recommendation: Buy
| Entry Date | Symbol | Recommendation | Entry Price (USD) | Target 1 (USD) | Target 2 (USD) | Holding Duration | Position Status | Return(%)* |
|---|---|---|---|---|---|---|---|---|
| 29 Jun, 26 | HAYW | Buy | USD 16.49 | USD 17.3 | USD 18.1 | 16 days | Closed |
10.25%
|
*Return(%) represent the percentage change between the entry price and exit price of the recommendation.
Data Powered by EOD Historical Data (“EODHD”).
Hayward Holdings, Inc. designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. The company offers pool equipment, including pumps, filters, robotics, suction and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water sanitizers, salt chlorine generators, safety equipment, and in-floor automated cleaning systems. It sells its products through specialty distributors, retailers, and buying groups. The company was founded in 1925 and is headquartered in Charlotte, North Carolina.
Net Income Expansion Net income increased to USD 23.4 Mn in Q1FY26 vs USD 14.3 Mn in Q1FY25
Revenue Growth Net sales increased to USD 255.2 Mn in Q1FY26 vs USD 228.8 Mn in Q1FY25
Higher Selling, General and Administrative Expenses SG&A expense increased to USD 62.6 Mn in Q1FY26 vs USD 57.0 Mn in Q1FY25
Increase in Cost of Sales Cost of sales increased to USD 136.5 Mn in Q1FY26 vs USD 123.6 Mn in Q1FY25
Hayward's future performance remains exposed to weakening discretionary consumer spending, tariff-related cost inflation, supply chain disruptions, foreign exchange volatility, and slower adoption of its technology-driven pool equipment solutions
| Entry Price | Support* | Target 1** | Target 2** |
|---|---|---|---|
| 16.49 | 14.8 | 17.3 | 18.1 |
Data Source: REFINITIV, Analysis: StockNextt
*Support can be considered as an indicative stop-loss, and if prices move below that level on closing basis individuals may evaluate exiting the position depending on their risk appetite, previous holdings, and other factors considered. The support and resistance levels may need to be re-evaluated within 4-6 weeks’ time frame depending on the stock price movements from the date of recommendation on the stock.
**Target prices may vary by ±0.5% depending on market volatility.
Strong Revenue Growth Driven by Aftermarket Demand: Hayward Holdings delivered a strong Q1FY26 performance, with net sales increasing 12% YoY to USD 255.2 million, supported by positive pricing, favorable foreign exchange impact, and volume growth. The company's resilient installed-base aftermarket business, representing nearly 85% of sales, continued to generate recurring demand while offsetting inflationary and tariff-related cost pressures.
Margin Expansion Reflects Operational Excellence: The company continued improving profitability through pricing discipline and operational efficiencies. Gross profit margin expanded by 50 basis points to 46.5%, while adjusted EBITDA margin improved by 60 basis points to 22.1%. Operating income increased 27% YoY, demonstrating Hayward's ability to enhance margins while investing in innovation and customer service capabilities.
Strategic Growth Initiatives Support Long-Term Expansion: Hayward remained focused on strengthening its competitive position through investments in new product development, smart pool technologies, customer experience initiatives, and dealer expansion programs. The company also continued leveraging AI across operations, improving manufacturing efficiency, and expanding its commercial pool and industrial flow control businesses to diversify future growth opportunities.
Financial Discipline Enhances Shareholder Value: The company strengthened its balance sheet by reducing net leverage to 2.4x from 2.8x a year earlier despite seasonally weak cash flows. Hayward maintained USD 417 million of total liquidity, continued debt reduction efforts, and retained capital allocation flexibility through strategic investments, acquisitions, and a USD 450 million share repurchase authorization.
Improved Outlook Reinforces Business Confidence: Following better-than-expected first-quarter performance, management raised FY26 guidance, now expecting approximately 5% revenue growth and adjusted diluted EPS of USD 0.84–0.87. The higher outlook reflects continued aftermarket resilience, favorable pricing, technology adoption, healthy margins, and confidence in delivering sustainable profitable growth.
Considering recent key business, financial updates, current trading levels, and key business risks, a ‘Buy’ recommendation has been given to Hayward Holdings, Inc. (NYSE: HAYW) at the closing market price of USD 16.49, as on 26 June,2026.
Data Powered by EOD Historical Data (“EODHD”).
Sector: Industrials Industry: Electrical Equipment & Parts
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| HAYW Hayward Holdings Inc |
-0.29 2.02% | 14.07 | 43.10 | 20.00 | 2.93 | 2.21 | 3.80 | 17.35 |
| CYATY CYATY |
0.43 2.23% | 19.70 | 36.64 | 32.15 | 0.91 | 7.88 | 3.67 | 16.91 |
| ABLZF ABB Ltd |
0.33 0.34% | 97.22 | 39.37 | 31.75 | 5.22 | 11.05 | 5.25 | 24.49 |
| ABBNY ABB Ltd |
-1.11 1.13% | 97.18 | 38.41 | 30.96 | 5.22 | 10.79 | 5.24 | 24.44 |
| BE Bloom Energy Corp |
-17.9 8.33% | 197.06 | - | 153.85 | 31.02 | 80.70 | 30.91 | 3120.72 |
Data Powered by EOD Historical Data (“EODHD”).
Markets are trading in a highly volatile zone currently due to certain macro-economic issues and prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing.
Related Risks: This report may be looked at from high-risk perspective and recommendations are provided are for a short duration. Recommendations provided in this report are solely based on technical parameters, and the fundamental performance of the stocks has not been considered in the decision-making process. Other factors which could impact the stock prices include market risks, regulatory risks, interest rates risks, currency risks, social and political instability risks etc.
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels as on June 29, 2026. The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned has been achieved and is subject to the factors discussed above.
Note 4: StockNextt reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.
Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.
Target: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Target 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Target 2 may act as the crucial resistance level for the stock.
Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.
Disclaimer :
This report has been issued by StockNextt which has an Ontario Business Identification Number 1000958347 and British Columbia registration Number FM1051529 is a trade name under Kalkine Canada Advisory Services Inc. having Business Number 761925130BC0001. Kalkine Canada Advisory Services Inc. and StockNextt are collectively referred to as “StockNextt”, “we”, “us”, and “our”. The website https://stocknextt.com and associated pages are published by StockNextt. The information in this report and on the StockNextt website has been prepared from a wide variety of sources, which StockNextt, to the best of its knowledge and belief, considers accurate. StcokNextt has made every effort to ensure the reliability of information contained in its reports, newsletters, and websites. All information represents our views at the date of publication and may change without notice. The information in this report does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products. Our reports contain general recommendations for investing in securities and other financial products. StockNextt does not offer financial advice based upon your personal financial situation or goals, and we shall not be held liable for any investment or trading losses you may incur by using the opinions expressed in our reports, publications, market updates, news alerts and corporate profiles. StockNextt does not intend to exclude any liability which it is not permitted to exclude under applicable law or regulation. StockNextt’s general advice does not in any way endorse or recommend individuals, investment products or services for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a professional authorised financial planner and adviser. You should be aware that the value of any investment and the income from it can go down as well as up and you may not get back the amount invested. Please also read our Terms and conditions for further information. Employees and/or associates of StockNextt and its related entities may hold an interest in the securities or other financial products covered in this report or on the StockNextt website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.
Copyright © 2026 Krish Capital Pty Ltd. All rights reserved. No part of this website, or its content, may be reproduced in any form without our prior consent.
Australia