Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Latham Group Inc (NASDAQ: SWIM) closed at $6.72 in the last session, down -7.82% from day before closing price of $7.29. In other words, the price has decreased by -$7.82 from its previous closing price. On the day, 0.77 million shares were traded. SWIM stock price reached its highest trading level at $7.28 during the session, while it also had its lowest trading level at $6.67.
Ratios:
We take a closer look at SWIM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.89. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 2.51. In the meantime, Its Debt-to-Equity ratio is 0.81 whereas as Long-Term Debt/Eq ratio is at 0.78.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 778021440 and an Enterprise Value of 1036312704. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.53 while its Price-to-Book (P/B) ratio in mrq is 2.01. Its current Enterprise Value per Revenue stands at 2.038 whereas that against EBITDA is 16.522.
Stock Price History:
The Beta on a monthly basis for SWIM is 1.63, which has changed by 1.0869565 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, SWIM has reached a high of $8.41, while it has fallen to a 52-week low of $2.38. The 50-Day Moving Average of the stock is -0.46%, while the 200-Day Moving Average is calculated to be 16.24%.
Shares Statistics:
According to the various share statistics, SWIM traded on average about 618.84K shares per day over the past 3-months and 1000230 shares per day over the past 10 days. A total of 115.76M shares are outstanding, with a floating share count of 89.59M. Insiders hold about 22.62% of the company’s shares, while institutions hold 84.34% stake in the company. Shares short for SWIM as of 1740700800 were 3768479 with a Short Ratio of 6.09, compared to 1738281600 on 3887648. Therefore, it implies a Short% of Shares Outstanding of 3768479 and a Short% of Float of 9.39.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
