Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $6.96 in the prior trading day, Latham Group Inc (NASDAQ: SWIM) closed at $6.52, down -6.32%. In other words, the price has decreased by -$6.32 from its previous closing price. On the day, 0.87 million shares were traded. SWIM stock price reached its highest trading level at $7.01 during the session, while it also had its lowest trading level at $6.453.
Ratios:
Our goal is to gain a better understanding of SWIM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.67. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 2.44. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.73.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Craig Hallum on December 09, 2024, initiated with a Buy rating and assigned the stock a target price of $10.
On March 18, 2024, Stifel Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $3 to $4.
BofA Securities Downgraded its Buy to Underperform on March 13, 2024, whereas the target price for the stock was revised from $4.50 to $2.60.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 11 ’24 when Rajeski Scott Michael sold 22,191 shares for $8.34 per share. The transaction valued at 184,971 led to the insider holds 480,829 shares of the business.
Rajeski Scott Michael bought 28,292 shares of SWIM for $236,220 on Dec 11 ’24. On Nov 11 ’24, another insider, Bahl Sanjeev, who serves as the CHIEF OPERATING OFFICER of the company, sold 11,750 shares for $5.90 each. As a result, the insider received 69,377 and left with 262,811 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SWIM now has a Market Capitalization of 753875008 and an Enterprise Value of 1012316224. As of this moment, Latham’s Price-to-Earnings (P/E) ratio for their current fiscal year is 67.99, and their Forward P/E ratio for the next fiscal year is 78.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 57.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.47 while its Price-to-Book (P/B) ratio in mrq is 1.81. Its current Enterprise Value per Revenue stands at 1.977 whereas that against EBITDA is 15.446.
Stock Price History:
Over the past 52 weeks, SWIM has reached a high of $8.41, while it has fallen to a 52-week low of $2.11. The 50-Day Moving Average of the stock is -1.76%, while the 200-Day Moving Average is calculated to be 31.07%.
Shares Statistics:
The stock has traded on average 631.15K shares per day over the past 3-months and 582620 shares per day over the last 10 days, according to various share statistics. A total of 115.59M shares are outstanding, with a floating share count of 38.32M. Insiders hold about 66.86% of the company’s shares, while institutions hold 33.74% stake in the company. Shares short for SWIM as of 1734048000 were 3027836 with a Short Ratio of 4.80, compared to 1731628800 on 2075039. Therefore, it implies a Short% of Shares Outstanding of 3027836 and a Short% of Float of 7.57.
