Latham Group Inc (SWIM)’s stock price range in the last year

While Latham Group Inc has overperformed by 6.51%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SWIM rose by 261.47%, with highs and lows ranging from $7.92 to $2.11, whereas the simple moving average jumped by 77.88% in the last 200 days.

On December 09, 2024, Craig Hallum started tracking Latham Group Inc (NASDAQ: SWIM) recommending Buy. A report published by Stifel on March 18, 2024, Upgraded its rating to ‘Buy’ for SWIM. BofA Securities also Downgraded SWIM shares as ‘Underperform’, setting a target price of $2.60 on the company’s shares in a report dated March 13, 2024. Barclays December 14, 2022d the rating to Equal Weight on December 14, 2022, and set its price target from $7 to $5. Stifel initiated its ‘Hold’ rating for SWIM, as published in its report on December 13, 2022. Goldman’s report from July 13, 2022 suggests a price prediction of $5.50 for SWIM shares, giving the stock a ‘Sell’ rating. BofA Securities also rated the stock as ‘Buy’.

Analysis of Latham Group Inc (SWIM)

Further, the quarter-over-quarter decrease in sales is -6.40%, showing a negative trend in the upcoming months.

One of the most important indicators of Latham Group Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 2.82% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.60, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

For any stock, average volume can also provide valuable insight into volatility, and SWIM is recording 608.38K average volume. On a monthly basis, the volatility of the stock is set at 6.62%, whereas on a weekly basis, it is put at 8.31%, with a gain of 28.86% over the past seven days. Furthermore, long-term investors anticipate a median target price of $7.09, showing decline from the present price of $8.35, which can serve as yet another indication of whether SWIM is worth investing in or should be passed over.

How Do You Analyze Latham Group Inc Shares?

The Building Products & Equipment market is dominated by Latham Group Inc (SWIM) based in the USA. When comparing Latham Group Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 87.07, there is a growth in quarterly earnings of -7.26%.

Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 66.90%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 33.76% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

SWIM shares are owned by institutional investors to the tune of 33.76% at present.

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