Hayward Holdings Inc (Symbol: HAYW) has recently seen its shares rise above the average analyst target price, currently trading at $16.60 per share, compared to the $16.00 average prediction. This situation prompts analysts to consider their next move: they can either downgrade their valuations or raise their target prices. This decision often relies on the company’s recent performance and market sentiment.
A total of seven analysts contribute to the average target for Hayward Holdings. While the average target stands at $16.00, there are notable variations in individual projections. One analyst expects a dip to $13.00, while another has set an optimistic price target of $19.00. The standard deviation between these estimates is $2.309, reflecting differing opinions on the stock’s future.
Investors often look at the average targets to gauge the sentiment of a broader group of analysts, rather than focusing on a single perspective. Now that HAYW has exceeded the $16.00 mark, shareholders face critical questions: Is this just a stepping stone toward higher gains, or has the stock’s value reached a peak that warrants selling? Below is a summary of the current analyst ratings for Hayward Holdings Inc:
| Recent HAYW Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Months Ago | 3 Months Ago |
| Strong buy ratings: | 3 | 3 | 3 | 3 |
| Buy ratings: | 0 | 0 | 0 | 0 |
| Hold ratings: | 4 | 4 | 4 | 4 |
| Sell ratings: | 1 | 1 | 1 | 1 |
| Strong sell ratings: | 0 | 0 | 0 | 0 |
| Average rating: | 2.38 | 2.38 | 2.38 | 2.38 |
The average rating indicates a scale from 1 to 5, where 1 signifies a strong buy and 5 denotes a strong sell. This analysis is based on data provided by Zacks Investment Research through Quandl.com. To access the latest Zacks research report on HAYW at no cost, click here.
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Also see:
• RNG Average Annual Return
• Edison International 13F Filers
• XEL Price Target
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
