During the last session, Latham Group Inc (NASDAQ:SWIM)’s traded shares were 0.43 million, with the beta value of the company hitting 1.81. At the end of the trading day, the stock’s price was $6.57, reflecting an intraday gain of 0.77% or $0.05. The 52-week high for the SWIM share is $8.41, that puts it down -28.01 from that peak though still a striking 67.88% gain since the share price plummeted to a 52-week low of $2.11. The company’s market capitalization is $759.65M, and the average intraday trading volume over the past 10 days was 0.6 million shares, and the average trade volume was 643.90K shares over the past three months.
Latham Group Inc (SWIM) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.25. SWIM has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it.
Latham Group Inc (NASDAQ:SWIM) trade information
Latham Group Inc (SWIM) registered a 0.77% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.77% in intraday trading to $6.57, hitting a weekly high. The stock’s 5-day price performance is -10.49%, and it has moved by -3.52% in 30 days. Based on these gigs, the overall price performance for the year is 168.16%. The short interest in Latham Group Inc (NASDAQ:SWIM) is 3.03 million shares and it means that shorts have 4.05 day(s) to cover.
The consensus price target of analysts on Wall Street is $6.5, which implies a decrease of -1.08% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6 and $7 respectively. As a result, SWIM is trading at a discount of -6.54% off the target high and 8.68% off the low.
Latham Group Inc (SWIM) estimates and forecasts
Statistics show that Latham Group Inc has outperformed its competitors in share price, compared to the industry in which it operates. Latham Group Inc (SWIM) shares have gone up 139.78% during the last six months, with a year-to-date growth rate more than the industry average at 500.00% against 6.50.
While earnings are projected to return -80.31% in 2025, the next five years will return 1.18% per annum.
SWIM Dividends
Latham Group Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Latham Group Inc (NASDAQ:SWIM)’s Major holders
Latham Group Inc insiders own 8.40% of total outstanding shares while institutional holders control 91.81%, with the float percentage being 100.24%. VOSS CAPITAL, LLC is the largest shareholder of the company, while 181.0 institutions own stock in it. As of 2024-06-30, the company held over 4.03 million shares (or 3.4988% of all shares), a total value of $12.2 million in shares.
The next largest institutional holding, with 2.67 million shares, is of BLACKROCK INC.’s that is approximately 2.323% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $8.1 million.
