NASDAQ:SWIM

Latham Group (SWIM) Stock Price, News & Analysis

$3.72
+0.73 (+24.41%)
(As of 03:51 PM ET)
Today's Range
$3.07
$3.80
50-Day Range
$2.48
$4.00
52-Week Range
$2.04
$4.77
Volume
1.07 million shs
Average Volume
278,384 shs
Market Capitalization
$429.25 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.20

Latham Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
13.7% Downside
$3.20 Price Target
Short Interest
Bearish
3.76% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.41mentions of Latham Group in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$165,868 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.24) to ($0.14) 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.

0.40 out of 5 stars

Construction Sector

97th out of 102 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

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Latham (NASDAQ:SWIM) Reports Bullish Q1
Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Latham Group (SWIM) Scheduled to Post Earnings on Tuesday
Why Is Latham (SWIM) Stock Soaring Today
SWIM Apr 2024 2.500 put
Latham Group: Persistent Challenges Prompt Continued Sell Rating
Why Latham (SWIM) Stock Is Trading Lower Today
These Analysts Cut Their Forecasts On Latham Group After Q4 Results
See More Headlines
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Company Calendar

Last Earnings
3/12/2024
Today
5/08/2024
Next Earnings (Estimated)
8/13/2024
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
$3.20
High Stock Price Target
$4.00
Low Stock Price Target
$2.60
Potential Upside/Downside
-14.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

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

Debt

Sales & Book Value

Annual Sales
$566.49 million
Cash Flow
$0.46 per share
Book Value
$3.48 per share

Miscellaneous

Free Float
106,617,000
Market Cap
$429.25 million
Optionable
Optionable
Beta
1.67
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Key Executives

  • Mr. Scott M. Rajeski (Age 57)
    CEO, President & Director
    Comp: $477k
  • Mr. Patrick M. Sheller (Age 62)
    General Counsel & Secretary
    Comp: $366.78k
  • Mr. Joshua D. Cowley (Age 47)
    Chief Commercial Officer
    Comp: $385.97k
  • Mr. Oliver Carsten Gloe (Age 49)
    Chief Financial Officer
  • Mr. Sanjeev Bahl (Age 53)
    Chief Operating Officer
    Comp: $364.81k
  • Mr. Kaushal Bhikhesh Dhruv (Age 48)
    Chief Information Officer
  • Mr. Suraj Kunchala (Age 48)
    VP & Controller

SWIM Stock Analysis - Frequently Asked Questions

Should I buy or sell Latham Group stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Latham Group in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SWIM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SWIM, but not buy additional shares or sell existing shares.
View SWIM analyst ratings
or view top-rated stocks.

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

3 analysts have issued 1 year price objectives for Latham Group's shares. Their SWIM share price targets range from $2.60 to $4.00. On average, they predict the company's stock price to reach $3.20 in the next twelve months. This suggests that the stock has a possible downside of 13.7%.
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 shares have increased by 41.1% and is now trading at $3.71.
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, August 13th 2024.
View our SWIM earnings forecast
.

How were Latham Group's earnings last quarter?

Latham Group, Inc. (NASDAQ:SWIM) released its quarterly earnings data on Tuesday, March, 12th. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.14) by $0.08. The firm had revenue of $90.90 million for the quarter, compared to analyst estimates of $86.95 million. Latham Group had a negative net margin of 0.42% and a negative trailing twelve-month return on equity of 0.62%. The firm's revenue was down 15.8% on a year-over-year basis. During the same period in the previous 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 FY 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $490.0 million-$520.0 million, compared to the consensus revenue estimate of $505.9 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 institutional and retail investors. Top institutional investors include Empowered Funds LLC (0.24%) and SG Americas Securities LLC (0.01%). Insiders that own company stock include J Mark Borseth, James E Cline, 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 5/8/2024 by MarketBeat.com Staff

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