Currently, there are 115.59M common shares owned by the public and among those 38.31M shares have been available to trade.
The company’s stock has a 5-day price change of 0.30% and 19.64% over the past three months. SWIM shares are trading -4.60% year to date (YTD), with the 12-month market performance up to 132.98% higher. It has a 12-month low price of $2.38 and touched a high of $8.41 over the same period. SWIM has an average intraday trading volume of 576.79K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.96%, -4.62%, and 21.44% respectively.
Institutional ownership of Latham Group Inc (NASDAQ: SWIM) shares accounts for 84.38% of the company’s 115.59M shares outstanding.
It has a market capitalization of $767.72M and a beta (3y monthly) value of 1.80. The stock’s trailing 12-month PE ratio is 69.24, while the earnings-per-share (ttm) stands at $0.10. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.24% over the week and 4.90% over the month.
Earnings per share for the fiscal year are expected to decrease by -92.94%, and 388.44% over the next financial year.
Looking at the support for the SWIM, a number of firms have released research notes about the stock. Craig Hallum stated their Buy rating for the stock in a research note on December 09, 2024, with the firm’s price target at $10. Stifel coverage for the Latham Group Inc (SWIM) stock in a research note released on March 18, 2024 offered a Buy rating with a price target of $4. BofA Securities was of a view on March 13, 2024 that the stock is Underperform, while Barclays gave the stock Equal Weight rating on December 14, 2022, issuing a price target of $7- $5. Stifel on their part issued Hold rating on December 13, 2022.
