Hayward (NYSE:HAYW) vs. Carrier Global (NYSE:CARR) Head-To-Head Review

Hayward (NYSE:HAYW) and Carrier Global (NYSE:CARR) are both industrials companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, valuation, profitability, earnings, risk, institutional ownership and analyst recommendations.

Analyst Recommendations

This is a breakdown of current ratings and price targets for Hayward and Carrier Global, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hayward	0	6	2	0	2.25
Carrier Global	0	9	12	1	2.64

Hayward presently has a consensus price target of $17.50, suggesting a potential upside of 10.87%. Carrier Global has a consensus price target of $73.67, suggesting a potential upside of 15.01%. Given Carrier Global’s stronger consensus rating and higher possible upside, analysts clearly believe Carrier Global is more favorable than Hayward.

Volatility & Risk

Hayward has a beta of 1.09, suggesting that its share price is 9% more volatile than the S&P 500. Comparatively, Carrier Global has a beta of 1.31, suggesting that its share price is 31% more volatile than the S&P 500.

Profitability

This table compares Hayward and Carrier Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hayward	13.83%	11.61%	5.91%
Carrier Global	5.52%	14.68%	5.51%

Valuation & Earnings

This table compares Hayward and Carrier Global”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Hayward	$1.12 billion	2.98	$151.57 million	$0.74	21.33
Carrier Global	$21.75 billion	2.43	$1.48 billion	$1.44	44.49

Carrier Global has higher revenue and earnings than Hayward. Hayward is trading at a lower price-to-earnings ratio than Carrier Global, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

91.0% of Carrier Global shares are owned by institutional investors. 4.7% of Hayward shares are owned by company insiders. Comparatively, 6.5% of Carrier Global shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Carrier Global beats Hayward on 12 of the 15 factors compared between the two stocks.

About Hayward

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, as well as LED illumination solutions. It sells its products through specialty distributors, retailers, and buying groups. The company was founded in 1925 and is headquartered in Charlotte, North Carolina.

About Carrier Global

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies in the United States, Europe, the Asia Pacific, and internationally. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. Its products include air conditioners, heating systems, heat pumps, controls, and aftermarket components, as well as aftermarket repair and maintenance services and building automation solutions. The Refrigeration segment offers transport refrigeration and monitoring products and services, as well as digital solutions for trucks, trailers, shipping containers, intermodal applications, food retail, and warehouse cooling; and commercial refrigeration solutions, such as refrigerated cabinets, freezers, systems, and controls. The Fire & Security segment provides various residential, commercial, and industrial technologies, including fire, flame, gas, smoke, and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. This segment also offers fire and security service, such as audit, design, installation, and system integration, as well as aftermarket maintenance and repair and monitoring services. It offers its products under the Autronica, Det-Tronics, Edwards, Aritech, Fireye, GST, Kidde, LenelS2, Marioff, Onity, and Supra; Carrier, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, and Riello; and Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech brands. Carrier Global Corporation was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.