In last trading session, Latham Group Inc (NASDAQ:SWIM) saw 0.34 million shares changing hands with its beta currently measuring 1.72. Company’s recent per share price level of $6.45 trading at $0.01 or 0.16% at ring of the bell on the day assigns it a market valuation of $750.57M. That closing price of SWIM’s stock is at a discount of -30.39% from its 52-week high price of $8.41 and is indicating a premium of 54.88% from its 52-week low price of $2.91. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.48 million shares which gives us an average trading volume of 565.82K 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 0.13 in the current quarter.
Latham Group Inc (NASDAQ:SWIM) trade information
Latham Group Inc’s shares saw a change of 103.47% in year-to-date performance and have moved -2.12% in past 5-day. Latham Group Inc (NASDAQ:SWIM) showed a performance of 12.76% in past 30-days. Number of shares sold short was 4.71 million shares which calculate 10.49 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 8.5 to the stock, which implies a rise of 24.12% to its current value. Analysts have been projecting 8.5 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 drop -31.78% in reaching the projected high whereas dropping to the targeted low would mean a loss of -31.78% for stock’s current value.
Latham Group Inc (SWIM) estimates and forecasts
This year revenue growth is estimated to rise 7.06% 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 173.51M for the same. And 7 analysts are in estimates of company making revenue of 164.93M in the next quarter. Company posted 160.12M and 150.5M of sales in current and next quarters respectively a year earlier.
Latham Group Inc (NASDAQ:SWIM)’s Major holders
Insiders are in possession of 7.27% of company’s total shares while institution are holding 96.78 percent of that, with stock having share float percentage of 104.37%. Investors also watch the number of corporate investors in a company very closely, which is 96.78% 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 2.3144 of outstanding shares, having a total worth of $8.1 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and WASATCH FUNDS TRUST-Wasatch Micro Cap Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 1.09 shares of worth $7.05 million or 0.94% of the total outstanding shares. The later fund manager was in possession of 1.08 shares on Mar 31, 2025 , making its stake of worth around $6.94 million in the company or a holder of 0.92% of company’s stock.
