Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The price of Latham Group Inc (NASDAQ: SWIM) closed at $7.75 in the last session, up 4.17% from day before closing price of $7.44. In other words, the price has increased by $4.17 from its previous closing price. On the day, 0.73 million shares were traded. SWIM stock price reached its highest trading level at $7.82 during the session, while it also had its lowest trading level at $7.2775.
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 14.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.87. 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:
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 896093760 and an Enterprise Value of 1118690816. As of this moment, Latham’s Price-to-Earnings (P/E) ratio for their current fiscal year is 80.81, and their Forward P/E ratio for the next fiscal year is 93.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 68.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.75 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at 2.184 whereas that against EBITDA is 17.069.
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 16.77%, while the 200-Day Moving Average is calculated to be 61.98%.
Shares Statistics:
According to the various share statistics, SWIM traded on average about 631.52K shares per day over the past 3-months and 798920 shares per day over the past 10 days. 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 33.76% stake in the company. Shares short for SWIM as of 1732838400 were 2356883 with a Short Ratio of 3.73, compared to 1730332800 on 1701393. Therefore, it implies a Short% of Shares Outstanding of 2356883 and a Short% of Float of 5.89.
