Technical Outlook And Game Plan For Latham Group Inc (NASDAQ: SWIM)

Latham Group Inc (SWIM) concluded trading on Thursday at a closing price of $4.91, with 0.5 million shares of worth about $2.45 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -29.96% during that period and on April 17, 2025 the price saw a gain of about 1.66%. Currently the company’s common shares owned by public are about 115.76M shares, out of which, 41.80M shares are available for trading.

Stock saw a price change of -2.19% in past 5 days and over the past one month there was a price change of -25.04%. Year-to-date (YTD), SWIM shares are showing a performance of -29.45% which increased to 49.70% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.38 but also hit the highest price of $8.41 during that period. The average intraday trading volume for Latham Group Inc shares is 687.49K. The stock is currently trading -16.14% below its 20-day simple moving average (SMA20), while that difference is down -22.31% for SMA50 and it goes to -18.88% lower than SMA200.

Latham Group Inc (NASDAQ: SWIM) currently have 115.76M outstanding shares and institutions hold larger chunk of about 40.23% of that.

The stock has a current market capitalization of $568.46M and its 3Y-monthly beta is at 1.78. It has posted earnings per share of -$0.16 in the same period. It has Quick Ratio of 1.43 while making debt-to-equity ratio of 0.81. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SWIM, volatility over the week remained 6.10% while standing at 8.19% over the month.

Analysts are in expectations that Latham Group Inc (SWIM) stock would likely to be making an EPS of -0.05 in the current quarter, while forecast for next quarter EPS is 0.14 and it is 0.2 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.06 which is -0.03 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.03 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 301.63% while it is estimated to increase by 67.60% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Craig Hallum on December 09, 2024 offering a Buy rating for the stock and assigned a target price of $10 to it. Coverage by Stifel stated Latham Group Inc (SWIM) stock as a Buy in their note to investors on March 18, 2024, suggesting a price target of $4 for the stock. On March 13, 2024, BofA Securities Downgrade their recommendations, while on December 14, 2022, Barclays Downgrade their ratings for the stock with a price target of $5. Stock get a Hold rating from Stifel on December 13, 2022.

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