Latham Group Inc (SWIM) is destined for greater heights as its last quarter sales were 150,500 K

On Tuesday, Latham Group Inc (NASDAQ: SWIM) opened lower -1.56% from the last session, before settling in for the closing price of $6.41. Price fluctuations for SWIM have ranged from $2.38 to $8.41 over the past 52 weeks.

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A company in the Industrials sector has jumped its sales by 18.73% annually for the last half of the decade. Company’s average yearly earnings per share was noted -92.94% at the time writing. With a float of $90.17 million, this company’s outstanding shares have now reached $115.59 million.

In an organization with 1760 employees, it is important to assess its efficiency. 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 Updates

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 22.02%, while institutional ownership is 84.45%. The most recent insider transaction that took place on Dec 11 ’24, was worth 184,971. In this transaction CHIEF EXECUTIVE OFFICER of this company sold 22,191 shares at a rate of $8.34, taking the stock ownership to the 480,829 shares. Before that another transaction happened on Dec 11 ’24, when Company’s Officer proposed sale 28,292 for $8.35, making the entire transaction worth $236,220.

Latham Group Inc (SWIM) Performance Highlights and Predictions

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 -92.94% 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 1.42. Likewise, its price to free cash flow for the trailing twelve months is 11.29.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.10, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach 0.05 in one year’s time.

Technical Analysis of Latham Group Inc (SWIM)

Let’s dig in a bit further. During the last 5-days, its volume was 0.83 million. That was better than the volume of 0.52 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 8.14%. Additionally, its Average True Range was 0.33.

During the past 100 days, Latham Group Inc’s (SWIM) raw stochastic average was set at 30.23%, which indicates a significant increase from 7.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.67% in the past 14 days, which was lower than the 55.38% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.92, while its 200-day Moving Average is $5.58. However, in the short run, Latham Group Inc’s stock first resistance to watch stands at $6.47. Second resistance stands at $6.63. The third major resistance level sits at $6.76. If the price goes on to break the first support level at $6.19, 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 $5.90.

Latham Group Inc (NASDAQ: SWIM) Key Stats

There are currently 115,625K shares outstanding in the company with a market cap of 729.59 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.