On Friday, Latham Group Inc (NASDAQ: SWIM) opened higher 9.02% from the last session, before settling in for the closing price of $6.32. Price fluctuations for SWIM have ranged from $2.11 to $7.33 over the past 52 weeks.
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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%. Company’s average yearly earnings per share was noted -71.65% at the time writing. 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 26.17%, operating margin of 4.89%, and the pretax margin is -0.77%.
Latham Group Inc (SWIM) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Building Products & Equipment industry is another important factor to consider. The insider ownership of Latham Group Inc is 68.14%, while institutional ownership is 33.73%. The most recent insider transaction that took place on Nov 11 ’24, was worth 69,377. In this transaction CHIEF OPERATING OFFICER of this company sold 11,750 shares at a rate of $5.90, taking the stock ownership to the 262,811 shares. Before that another transaction happened on Nov 11 ’24, when Company’s CHIEF FINANCIAL OFFICER bought 9,000 for $5.73, making the entire transaction worth $51,570. This insider now owns 291,706 shares in total.
Latham Group Inc (SWIM) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.05 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.06) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -71.65% per share during the next fiscal year.
Latham Group Inc (NASDAQ: SWIM) Trading Performance Indicators
Check out the current performance indicators for Latham Group Inc (SWIM). In the past quarter, the stock posted a quick ratio of 1.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.70. Likewise, its price to free cash flow for the trailing twelve months is 13.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.10, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.09 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 0.56 million was superior to 0.44 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 85.28%. Additionally, its Average True Range was 0.40.
During the past 100 days, Latham Group Inc’s (SWIM) raw stochastic average was set at 90.82%, which indicates a significant decrease from 96.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 86.40% in the past 14 days, which was higher than the 84.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.47, while its 200-day Moving Average is $4.45. Now, the first resistance to watch is $7.11. This is followed by the second major resistance level at $7.33. The third major resistance level sits at $7.72. If the price goes on to break the first support level at $6.50, it is likely to go to the next support level at $6.11. The third support level lies at $5.89 if the price breaches the second support level.
Latham Group Inc (NASDAQ: SWIM) Key Stats
There are currently 115,625K shares outstanding in the company with a market cap of 868.50 million. Presently, the company’s annual sales total 566,490 K according to its annual income of -2,390 K. Last quarter, the company’s sales amounted to 150,500 K and its income totaled 5,900 K.
