In Wednesday’s Wall Street session, Latham Group Inc (NASDAQ:SWIM) shares traded at $5.82, up 1.75% from the previous session.
SWIM stock price is now 1.73% away from the 50-day moving average and -9.01% away from the 200-day moving average. The market capitalization of the company currently stands at $677.26M.
With the price target of $10, Craig Hallum recently initiated with Buy rating for Latham Group Inc (NASDAQ: SWIM). On March 18, 2024, Stifel Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $3 to quote $4, while ‘BofA Securities’ rates the stock as ‘Underperform’
In other news, Gloe Oliver C., CHIEF FINANCIAL OFFICER bought 13,500 shares of the company’s stock on May 15 ’25. The stock was bought for $82,350 at an average price of $6.10. Upon completion of the transaction, the CHIEF FINANCIAL OFFICER now directly owns 466,630 shares in the company, valued at $2.72 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 09 ’25, Director Cline James E sold 45,583 shares of the business’s stock. A total of $271,219 was realized by selling the stock at an average price of $5.95. This leaves the insider owning 193,668 shares of the company worth $1.13 million. A total of 64.31% of the company’s stock is owned by insiders.
During the past 12 months, Latham Group Inc has had a low of $2.54 and a high of $8.41. As of last week, the company has a debt-to-equity ratio of 0.89, a current ratio of 2.55, and a quick ratio of 1.50. The fifty day moving average price for SWIM is $5.7212 and a two-hundred day moving average price translates $6.396475 for the stock.
The latest earnings results from Latham Group Inc (NASDAQ: SWIM) was released for 2025-03-29. The net profit margin was -3.13% and return on equity was -4.13% for SWIM. The company reported revenue of $111.42 million for the quarter, compared to $110.63 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.72 percent. For the current quarter, analysts expect SWIM to generate $173.51M in revenue.
