At the time of writing, Latham Group Inc [SWIM] stock is trading at $6.85, up 0.29%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SWIM shares have gain 8.73% over the last week, with a monthly amount drifted -4.86%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Latham Group Inc [NASDAQ: SWIM] stock has seen the most recent analyst activity on December 09, 2024, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $10. Previously, Stifel upgraded its rating to Buy on March 18, 2024, and elevated its price target to $4. On March 13, 2024, downgrade downgraded it’s rating to Underperform and revised its price target to $2.60 on the stock. Barclays downgraded its rating to a Equal Weight and decreased its price target to $5 on December 14, 2022. Stifel initiated its recommendation with a Hold and recommended $3 as its price target on December 13, 2022. Goldman downgraded its rating to Sell for this stock on July 13, 2022, and downed its price target to $5.50. In a note dated November 11, 2021, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $18 to $27.
For the past year, the stock price of Latham Group Inc fluctuated between $2.31 and $8.41. Currently, Wall Street analysts expect the stock to reach $6.5 within the next 12 months. Latham Group Inc [NASDAQ: SWIM] shares were valued at $6.85 at the most recent close of the market. An investor can expect a potential drop of -5.11% based on the average SWIM price forecast.
Analyzing the SWIM fundamentals
According to Latham Group Inc [NASDAQ:SWIM], the company’s sales were 512.11M for trailing twelve months, which represents an -6.40% plunge. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.75.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.72 points at the first support level, and at 6.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.01, and for the 2nd resistance point, it is at 7.16.
Ratios To Look Out For
It is important to note that Latham Group Inc [NASDAQ:SWIM] has a current ratio of 2.44. As well, the Quick Ratio is 1.60, while the Cash Ratio is 0.67. Considering the valuation of this stock, the price to sales ratio is 1.55, the price to book ratio is 1.90 and price to earnings (TTM) ratio is 71.43.
Transactions by insiders
Recent insider trading involved Rajeski Scott Michael, CHIEF EXECUTIVE OFFICER, that happened on Dec 11 ’24 when 22191.0 shares were sold. Officer, Rajeski Scott Michael completed a deal on Dec 11 ’24 to buy 28292.0 shares. Meanwhile, CHIEF OPERATING OFFICER Bahl Sanjeev sold 11750.0 shares on Nov 11 ’24.
