Overview
Hayward Holdings Q3 net sales rose 7% yr/yr, beating analyst expectations
Adjusted EPS for Q3 increased 27% yr/yr, exceeding analyst estimates
Company raised full-year 2025 guidance, reflecting strong performance and strategic initiatives
Outlook
Hayward raises full-year 2025 net sales guidance to $1.095 bln-$1.110 bln
Company expects 2025 adjusted EBITDA of $292 mln-$297 mln
Result Drivers
NET SALES GROWTH - Driven by positive net pricing, increased volume, and favorable foreign currency impacts
MARGIN EXPANSION - Achieved through operational efficiencies, tariff mitigation, and cost management
SEGMENT PERFORMANCE - North America and Europe & Rest of World segments both contributed to sales growth
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$244.30 mln
$232.70 mln (8 Analysts)
Q3 Adjusted EPS
Beat
$0.14
$0.12 (7 Analysts)
Q3 Adjusted EBITDA
Beat
$59.10 mln
$52.90 mln (7 Analysts)
Q3 Adjusted EBITDA Margin
24.20%
Q3 Operating Income
$41.10 mln
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy."
Wall Street's median 12-month price target for Hayward Holdings Inc is $17.00, about 9.8% above its October 28 closing price of $15.33
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 18 three months ago
Press Release: ID:nBw1PSnfTa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)