In last trading session, Latham Group Inc (NASDAQ:SWIM) saw 0.54 million shares changing hands with its beta currently measuring 1.60. Company’s recent per share price level of $7.29 trading at $0.45 or 6.58% at ring of the bell on the day assigns it a market valuation of $844.01M. That closing price of SWIM’s stock is at a discount of -15.36% from its 52-week high price of $8.41 and is indicating a premium of 67.35% from its 52-week low price of $2.38. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.99 million shares which gives us an average trading volume of 620.20K if we extend that period to 3-months.
For Latham Group Inc (SWIM), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.25. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.04 in the current quarter.
Latham Group Inc (NASDAQ:SWIM) trade information
Upright in the green during last session for gaining 6.58%, in the last five days SWIM remained trading in the red while hitting it’s week-highest on Wednesday, 03/12/25 when the stock touched $7.29 price level, adding 1.49% to its value on the day. Latham Group Inc’s shares saw a change of 4.74% in year-to-date performance and have moved -0.55% in past 5-day. Latham Group Inc (NASDAQ:SWIM) showed a performance of 8.81% in past 30-days. Number of shares sold short was 3.77 million shares which calculate 6.72 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 7.75 to the stock, which implies a rise of 5.94% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 8.5. It follows that stock’s current price would jump 3.98% in reaching the projected high whereas dropping to the targeted low would mean a gain of 3.98% for stock’s current value.
Latham Group Inc (SWIM) estimates and forecasts
This year revenue growth is estimated to rise 6.77% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 110.93M for the same. And 7 analysts are in estimates of company making revenue of 172.42M in the next quarter. Company posted 110.63M and 160.12M of sales in current and next quarters respectively a year earlier.
Latham Group Inc (NASDAQ:SWIM)’s Major holders
Insiders are in possession of 9.26% of company’s total shares while institution are holding 97.36 percent of that, with stock having share float percentage of 107.30%. Investors also watch the number of corporate investors in a company very closely, which is 97.36% institutions for Latham Group Inc that are currently holding shares of the company. VOSS CAPITAL, LLC is the top institutional holder at SWIM for having 4.03 million shares of worth $12.2 million. And as of 2024-06-30, it was holding 3.4858 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 2.67 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.323 of outstanding shares, having a total worth of $8.1 million.
On the other hand, Wasatch Microcap Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 1.21 shares of worth $8.84 million or 1.05% of the total outstanding shares. The later fund manager was in possession of 1.08 shares on Dec 31, 2024 , making its stake of worth around $7.88 million in the company or a holder of 0.93% of company’s stock.
