Latham Group Inc [NASDAQ: SWIM] price plunged by -0.50 percent to reach at -$0.04.
A sum of 467033 shares traded at recent session while its average daily volume was at 616.43K shares. Latham Group Inc shares reached a high of $8.125 and dropped to a low of $7.93 until finishing in the latest session at $8.03.
The one-year SWIM stock forecast points to a potential downside of -4.69. The average equity rating for SWIM stock is currently 2.25, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 $7.67 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 2.35, with the Price to Cash per share for the same quarter was set at 0.23. Price to Free Cash Flow for SWIM in the course of the last twelve months was 78.91 with Quick ratio for the last quarter at 1.51.
SWIM Stock Performance Analysis:
Latham Group Inc [SWIM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.31. With this latest performance, SWIM shares gained by 18.44% in over the last four-week period, additionally plugging by 35.87% over the last 6 months – not to mention a rise of 15.37% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SWIM stock in for the last two-week period is set at 61.45, with the RSI for the last a single of trading hit 0.33, and the three-weeks RSI is set at 0.33 for Latham Group Inc [SWIM]. The present Moving Average for the last 50 days of trading for this stock 7.04, while it was recorded at 8.15 for the last single week of trading, and 6.54 for the last 200 days.
Insight into Latham Group Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Latham Group Inc [SWIM] shares currently have an operating margin of 4.35% and a Gross Margin at 26.49%. Latham Group Inc’s Net Margin is presently recorded at -2.54%.
Latham Group Inc (SWIM) Capital Structure & Debt Analysis
According to recent financial data for Latham Group Inc. ( SWIM), the Return on Equity (ROE) stands at -3.29%, reflecting a slight decline for investors. The Return on Assets (ROA) is -1.60%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Latham Group Inc’s Return on Invested Capital (ROIC) is -1.90%, showcasing its effectiveness in deploying capital for earnings.
Latham Group Inc (SWIM) Efficiency & Liquidity Metrics
Based on Latham Group Inc’s (SWIM) latest financial statements, the Debt-to-Equity Ratio is 0.78%, indicating its reliance on debt financing relative to shareholder equity.
Latham Group Inc (SWIM) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Latham Group Inc. (SWIM) effectively leverages its workforce, generating an average of -$7297.74 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.39% and a Quick Ratio of 1.51%, indicating strong ability to cover short-term liabilities.
SWIM Stock EPS
With the latest financial reports released by the company, Latham Group Inc posted 0.08/share EPS, while the average EPS was predicted by analysts to be reported at 0.06/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.01. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SWIM.
Latham Group Inc [SWIM] Institutonal Ownership Details
There are presently around $98.61%, or 106.33%% 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%.
