During the recent session, Latham Group Inc (NASDAQ:SWIM)’s traded shares were 0.63 million, with the beta value of the company hitting 1.69. At the last check today, the stock’s price was $6.62, reflecting an intraday loss of -5.22% or -$0.37. The 52-week high for the SWIM share is $8.41, that puts it down -27.04 from that peak though still a striking 64.05% gain since the share price plummeted to a 52-week low of $2.38. The company’s market capitalization is $767.02M, and the average intraday trading volume over the past 10 days was 0.58 million shares, and the average trade volume was 618.64K 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 -5.22% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -5.22% in intraday trading to $6.62, hitting a weekly high. The stock’s 5-day price performance is 6.51%, and it has moved by 12.67% in 30 days. Based on these gigs, the overall price performance for the year is 78.09%. The short interest in Latham Group Inc (NASDAQ:SWIM) is 3.94 million shares and it means that shorts have 4.62 day(s) to cover.
The consensus price target of analysts on Wall Street is $8.5, which implies an increase of 22.12% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $8.5 and $8.5 respectively. As a result, SWIM is trading at a discount of -28.4% off the target high and -28.4% off the low.
SWIM Dividends
Latham Group Inc is due to release its next quarterly earnings on 2025-Mar-03. 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 9.22% of total outstanding shares while institutional holders control 97.41%, with the float percentage being 107.30%. VOSS CAPITAL, LLC is the largest shareholder of the company, while 188.0 institutions own stock in it. As of 2024-06-30, the company held over 4.03 million shares (or 3.4858% 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 2.3144% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $8.1 million.
Also, the Mutual Funds coming in first place with the largest holdings of Latham Group Inc (SWIM) shares are WASATCH FUNDS TRUST-Wasatch Micro Cap Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. Data provided on Dec 31, 2024 indicates that WASATCH FUNDS TRUST-Wasatch Micro Cap Fund owns about 1.21 shares. This amounts to just over 1.05 percent of the company’s overall shares, with a $7.96 million market value. The same data shows that the other fund manager holds slightly less at 1.06, or about 0.92% of the stock, which is worth about $6.97 million.
