Latham Group Inc (NASDAQ: SWIM) on Tuesday, soared 3.13% from the previous trading day, before settling in for the closing price of $6.38. Within the past 52 weeks, SWIM’s price has moved between $2.09 and $7.33.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 18.73%. The company achieved an average annual earnings per share of -48.77%. With a float of $36.83 million, this company’s outstanding shares have now reached $114.87 million.
The extent of productivity of a business whose workforce counts for 1760 workers is very important to gauge. In terms of profitability, gross margin is 25.55%, operating margin of 5.69%, and the pretax margin is 0.58%.
Latham Group Inc (SWIM) Insider Updates
Observing investor behavior towards Building Products & Equipment industry stocks is more important than anything else. The insider ownership of Latham Group Inc is 68.14%, while institutional ownership is 31.09%. The most recent insider transaction that took place on Oct 31 ’24, was worth 65,791. In this transaction CHIEF FINANCIAL OFFICER of this company sold 10,216 shares at a rate of $6.44, taking the stock ownership to the 282,706 shares. Before that another transaction happened on Aug 26 ’24, when Company’s CHIEF EXECUTIVE OFFICER sold 25,851 for $6.54, making the entire transaction worth $169,066. This insider now owns 490,829 shares in total.
Latham Group Inc (SWIM) Performance Highlights and Predictions
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.11 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.12) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -48.77% per share during the next fiscal year.
Latham Group Inc (NASDAQ: SWIM) Trading Performance Indicators
Latham Group Inc (SWIM) is currently performing well based on its current performance indicators. A quick ratio of 2.15 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.46. Likewise, its price to free cash flow for the trailing twelve months is 9.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.10, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach 0.15 in one year’s time.
Technical Analysis of Latham Group Inc (SWIM)
The latest stats from [Latham Group Inc, SWIM] show that its last 5-days average volume of 0.4 million was inferior to 0.42 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 47.26%. Additionally, its Average True Range was 0.30.
During the past 100 days, Latham Group Inc’s (SWIM) raw stochastic average was set at 84.35%, which indicates a significant increase from 36.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.32% in the past 14 days, which was lower than the 83.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.50, while its 200-day Moving Average is $4.23. Now, the first resistance to watch is $6.71. This is followed by the second major resistance level at $6.84. The third major resistance level sits at $7.10. If the price goes on to break the first support level at $6.32, it is likely to go to the next support level at $6.06. Assuming the price breaks the second support level, the third support level stands at $5.93.
Latham Group Inc (NASDAQ: SWIM) Key Stats
Market capitalization of the company is 760.50 million based on 115,577K outstanding shares. Right now, sales total 566,490 K and income totals -2,390 K. The company made 160,120 K in profit during its latest quarter, and 13,280 K in sales during its previous quarter.
