Designs and manufactures residential and commercial pool equipment. Offers a wide range of products including pumps, filters, heaters, and cleaners. Now — the numbers.
That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.
This is an established company with proven profits.
An average decline of 5% a year over the last 4 years — the most striking risk in this picture.
If every debt were paid off today, $385.8M would still be left in the vault — a solid cushion for hard times.
Buys outnumber sells, but taken together the trades don’t add up to a strong signal of confidence.
The stock trades 52% below its peak. The market has trimmed its expectations for the company.
There is $399.1M in the vault; even if every debt were paid off, $385.8M would remain.
It met or beat analyst expectations in 8 of the last 8 quarters — consistency is a promise kept.
Over the last 4 years, sales fell about 5% a year on average. Profit is holding up, but a shrinking business is a risk worth watching.
Since the drop from its peak, buyer appetite hasn’t come back.
No clear buy-side message is coming from the executive floor.
Against everything we grade, HAYW lands near the bottom. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: HAYW does earn real profits — but on our report card it still sits behind its class. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.