Latham Group Inc (NASDAQ: SWIM) is 8.19% higher on its value in year-to-date trading and has touched a low of $2.38 and a high of $8.41 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SWIM stock was last observed hovering at around $7.47 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $7.53, the stock is 16.07% and 11.76% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing 0.80% at the moment leaves the stock 32.90% off its SMA200. SWIM registered 150.17% gain for a year compared to 6-month gain of 27.41%.
The stock witnessed a 4.22% loss in the last 1 month and extending the period to 3 months gives it a 13.75%, and is 28.06% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.78% over the week and 6.58% over the month.
Latham Group Inc (SWIM) has around 1817 employees, a market worth around $870.66M and $508.52M in sales. Fwd P/E is 33.22. Profit margin for the company is -3.51%. Distance from 52-week low is 216.39% and -10.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.59%).
with sales reaching $110.51M over the same period.The EPS is expected to grow by 303.20% this year, but quarterly earnings will post 6.04% year-over-year. Quarterly sales are estimated to shrink -0.11% in year-over-year returns.
The shares outstanding are 115.76M, and float is at 90.17M with Short Float at 4.64%.
The top institutional shareholder in the company is VOSS CAPITAL, LLC with over 4.03 million shares valued at $12.2 million. The investor’s holdings represent 3.4858 of the SWIM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 2.67 million shares valued at $8.1 million to account for 2.323 of the shares outstanding. The other top investors are AMERIPRISE FINANCIAL INC which holds 2.67 million shares representing 2.3139 and valued at over $8.1 million, while VICTORY CAPITAL MANAGEMENT INC holds 2.2613 of the shares totaling 2.6 million with a market value of $7.88 million.
Latham Group Inc (SWIM) Insider Activity
The most recent transaction is an insider sale by Rajeski Scott Michael, the company’s CHIEF EXECUTIVE OFFICER. SEC filings show that Rajeski Scott Michael sold 22,191 shares of the company’s common stock on Dec 11 ’24 at a price of $8.34 per share for a total of $0.18 million. Following the sale, the insider now owns 0.48 million shares.
Still, SEC filings show that on Nov 11 ’24, Bahl Sanjeev (CHIEF OPERATING OFFICER) disposed off 11,750 shares at an average price of $5.90 for $69377.0. The insider now directly holds 262,811 shares of Latham Group Inc (SWIM).
