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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
NASDAQ:SWIM

Latham Group (SWIM) Stock Price, News & Analysis

$4.00
+0.28 (+7.53%)
(As of 03/27/2024 ET)
Today's Range
$3.73
$4.01
50-Day Range
$2.21
$4.00
52-Week Range
$2.04
$4.77
Volume
337,025 shs
Average Volume
323,658 shs
Market Capitalization
$461.56 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.03

Latham Group MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.75 Rating Score
Upside/​Downside
24.4% Downside
$3.03 Price Target
Short Interest
Healthy
3.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$165,868 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.22) to ($0.08) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.77 out of 5 stars

Construction Sector

90th out of 96 stocks

Plastics Products, Not Elsewhere Classified Industry

7th out of 8 stocks

SWIM stock logo

About Latham Group Stock (NASDAQ:SWIM)

Latham Group, Inc. designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. It offers a portfolio of pools and related products, including in-ground swimming pools that include fiber glass and packaged pools; and pool covers and liners under the Latham, Narellan, CoverStar, Radiant, and GLI brand names. The company was formerly known as Latham Topco, Inc. and changed its name to Latham Group, Inc. in March 2021. Latham Group, Inc. was founded in 1956 and is headquartered in Latham, New York.

SWIM Stock Price History

SWIM Stock News Headlines

Latham Group (NASDAQ:SWIM) Upgraded to Buy at Stifel Nicolaus
Warning: this could blow your mind
Buckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…
Why Is Latham (SWIM) Stock Soaring Today
SWIM Apr 2024 2.500 put
Latham Group: Persistent Challenges Prompt Continued Sell Rating
Warning: this could blow your mind
Buckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…
Why Latham (SWIM) Stock Is Trading Lower Today
These Analysts Cut Their Forecasts On Latham Group After Q4 Results
Q4 2023 Latham Group Inc Earnings Call
Recap: Latham Group Q4 Earnings
S&P Futures Climb Ahead of Key U.S. Inflation Report
Earnings Preview: Latham Group
The Top 3 Construction Stocks to Buy in March 2024
See More Headlines
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Company Calendar

Last Earnings
3/12/2024
Today
3/27/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Plastics products, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:SWIM
Fax
N/A
Employees
1,760
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.03
High Stock Price Target
$4.00
Low Stock Price Target
$2.50
Potential Upside/Downside
-24.4%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

Net Income
$-2,390,000.00
Pretax Margin
-1.78%

Debt

Sales & Book Value

Annual Sales
$566.49 million
Cash Flow
$0.38 per share
Book Value
$3.48 per share

Miscellaneous

Free Float
105,463,000
Market Cap
$461.56 million
Optionable
Optionable
Beta
1.53
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Key Executives

  • Mr. Scott M. Rajeski (Age 57)
    CEO, President & Director
    Comp: $537.7k
  • Mr. Sanjeev Bahl (Age 53)
    Chief Operating Officer
    Comp: $364.81k
  • Mr. Oliver Carsten Gloe (Age 49)
    Chief Financial Officer
  • Mr. Kaushal B. Dhruv (Age 48)
    Chief Information Officer
  • Mr. Patrick M. Sheller (Age 62)
    General Counsel & Secretary
  • Mr. Joshua D. Cowley (Age 47)
    Chief Commercial Officer
  • Mr. Suraj Kunchala (Age 48)
    VP & Controller

SWIM Stock Analysis - Frequently Asked Questions

Should I buy or sell Latham Group stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Latham Group in the last year. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" SWIM shares.
View SWIM analyst ratings
or view top-rated stocks.

What is Latham Group's stock price target for 2024?

4 brokerages have issued twelve-month price targets for Latham Group's shares. Their SWIM share price targets range from $2.50 to $4.00. On average, they expect the company's share price to reach $3.03 in the next twelve months. This suggests that the stock has a possible downside of 24.4%.
View analysts price targets for SWIM
or view top-rated stocks among Wall Street analysts.

How have SWIM shares performed in 2024?

Latham Group's stock was trading at $2.63 at the beginning of 2024. Since then, SWIM stock has increased by 52.1% and is now trading at $4.00.
View the best growth stocks for 2024 here
.

When is Latham Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our SWIM earnings forecast
.

How were Latham Group's earnings last quarter?

Latham Group, Inc. (NASDAQ:SWIM) posted its earnings results on Tuesday, March, 12th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.14) by $0.08. The firm earned $90.90 million during the quarter, compared to the consensus estimate of $86.95 million. Latham Group had a negative trailing twelve-month return on equity of 0.62% and a negative net margin of 0.42%. The business's revenue was down 15.8% compared to the same quarter last year. During the same period last year, the business earned ($0.17) earnings per share.

What guidance has Latham Group issued on next quarter's earnings?

Latham Group issued an update on its first quarter 2024 earnings guidance on Friday, March, 15th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $98.0 million-$104.0 million, compared to the consensus revenue estimate of $110.6 million.

When did Latham Group IPO?

Latham Group (SWIM) raised $400 million in an initial public offering on Friday, April 23rd 2021. The company issued 20,000,000 shares at $19.00-$21.00 per share. Barclays, BofA Securities, Morgan Stanley and Goldman Sachs served as the underwriters for the IPO and Nomura, William Blair, Baird, KeyBanc Capital Markets and Truist Securities were co-managers.

Who are Latham Group's major shareholders?

Latham Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (2.15%), Voss Capital LLC (1.68%), Dimensional Fund Advisors LP (0.91%), Natixis Advisors L.P. (0.76%), Bridgeway Capital Management LLC (0.50%) and Envestnet Asset Management Inc. (0.41%). Insiders that own company stock include J Mark Borseth, James E Cline, Jason A Duva, Jeff Arnold Leake, Joel Richard Culp, Joshua D Cowley, Kaushal Bhikhesh Dhruv, Mark Phillip Laven, Melissa Claire Feck, Oliver C Gloe, Patrick M Sheller, Sanjeev Bahl, Scott Michael Rajeski and Suraj Kunchala.
View institutional ownership trends
.

How do I buy shares of Latham Group?

Shares of SWIM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SWIM) was last updated on 3/28/2024 by MarketBeat.com Staff

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