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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:SWIM

Latham Group (SWIM) Stock Price, News & Analysis

$3.96
-0.04 (-1.00%)
(As of 03/28/2024 ET)
Today's Range
$3.89
$4.14
50-Day Range
$2.21
$4.00
52-Week Range
$2.04
$4.77
Volume
276,491 shs
Average Volume
289,392 shs
Market Capitalization
$456.94 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
23.6% 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.

0.61 out of 5 stars

Construction Sector

94th out of 100 stocks

Plastics Products, Not Elsewhere Classified Industry

9th out of 10 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
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Why Is Latham (SWIM) Stock Soaring Today
SWIM Apr 2024 2.500 put
Latham Group: Persistent Challenges Prompt Continued Sell Rating
Buy Friday, Sell Monday, No Exceptions
Every week traders grind it out Monday through Friday… But neglect trading Friday to Monday… Or… “over the weekend” As one professional trader explains, trading over the weekend is one of the most forgiving strategies you can use today. It allows him to sidestep a lot of the midweek volatility. Yet, gives him the opportunity to target some of the markets biggest stock moves. Just recently, he posted a trade on Nordstrom… The trade was published at 3pm on a Friday afternoon and by Monday morning the trade more than doubled.
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
3/28/2024
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
-25.3%
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
$467.33 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 twelve months. 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 Wall Street research analysts have issued 1-year target prices for Latham Group's stock. 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 23.6%.
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 start of the year. Since then, SWIM stock has increased by 50.6% and is now trading at $3.96.
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) released its earnings results on Tuesday, March, 12th. The company reported ($0.06) earnings per share for the quarter, beating analysts' consensus estimates of ($0.14) by $0.08. The company earned $90.90 million during the quarter, compared to analysts' expectations 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 company's revenue was down 15.8% compared to the same quarter last year. During the same period in the prior 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 (IPO) on Friday, April 23rd 2021. The company issued 20,000,000 shares at a price of $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 shareholders 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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