Latham Group Inc [NASDAQ: SWIM] jumped around 0.09 points on Thursday, while shares priced at $7.03 at the close of the session, up 1.30%.
Latham Group Inc stock is now 143.25% up from its year-to-date (YTD) trading value. SWIM Stock saw the intraday high of $7.12 and lowest of $6.98 per share. The company’s 52-week high price is 8.41, which means current price is +54.17% above from all time high which was touched on 01/30/25.
Compared to the average trading volume of 652.03K shares, SWIM reached a trading volume of 298437 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Latham Group Inc [SWIM]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SWIM shares is $7.07 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SWIM stock is a recommendation set at 2.25. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Craig Hallum have made an estimate for Latham Group Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 09, 2024. While these analysts kept the previous recommendation, Stifel raised their target price from $3 to $4. The new note on the price target was released on March 18, 2024, representing the official price target for Latham Group Inc stock. Previously, the target price had yet another drop from $4.50 to $2.60, while BofA Securities kept a Underperform rating on SWIM stock. On December 14, 2022, analysts decreased their price target for SWIM shares from 7 to 5.
The Price to Book ratio for the last quarter was 2.15, with the Price to Cash per share for the same quarter was set at 0.21. Price to Free Cash Flow for SWIM in the course of the last twelve months was 26.64 with Quick ratio for the last quarter at 1.50.
How has SWIM stock performed recently?
Latham Group Inc [SWIM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.82. With this latest performance, SWIM shares gained by 15.25% in over the last four-week period, additionally plugging by 3.23% over the last 6 months – not to mention a rise of 1.01% in the past year of trading.
Latham Group Inc [SWIM]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Latham Group Inc [SWIM] shares currently have an operating margin of 3.58% and a Gross Margin at 25.16%. Latham Group Inc’s Net Margin is presently recorded at -3.13%.
Return on Equity for this stock declined to -1.95%, with Return on Assets sitting at -1.95%.
Insider trade positions for Latham Group Inc [SWIM]
There are presently around $96.78%, or 104.37% of SWIM stock, in the hands of institutional investors. The top three institutional holders of SWIM stocks are: VOSS CAPITAL, LLC with ownership of 4.03 million shares, which is approximately 3.4858%. BLACKROCK INC., holding 2.67 million shares of the stock with an approximate value of $$8.1 million in SWIM stocks shares; and BLACKROCK INC., currently with $$8.1 million in SWIM stock with ownership which is approximately 2.3139%.
