Baird analyst Michael Halloran maintains $Hayward Holdings (HAYW.US)$ with a hold rating, and adjusts the target price from $19 to $20.
According to TipRanks data, the analyst has a success rate of 61.8% and a total average return of 11.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Hayward Holdings (HAYW.US)$'s main analysts recently are as follows:
Following Hayward's Q3 earnings, the sustained strong execution on the margin line was observed, with demand tracking largely as anticipated. Although the 2025 outlook remains somewhat uncertain due to persistently high rates, the long-term risk/reward is perceived as positive, and it is expected that the company's shares will re-rate higher as the market gains a better appreciation for Hayward's distinctive position within the appealing Pool market.
The firm noted a modest third-quarter performance that exceeded expectations and resulted in an upward adjustment of the lower end of their guidance. The firm also considers the fourth-quarter forecast to be reasonable, acknowledging that pre-buy assumptions for the fourth quarter introduce seasonal fluctuations.
The firm's projection is slightly lower than the consensus, yet it approaches fiscal year 2026 with confidence in its estimates. This stance is due to the anticipated steady recovery in discretionary demand within the pool category. The company is expected to leverage its pricing power, enhanced offerings, and advantageous product mix, which have distinguished it during times of softer category trends.
Note:
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