While Latham Group Inc has underperformed by -1.00%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SWIM rose by 40.43%, with highs and lows ranging from $4.77 to $2.04, whereas the simple moving average jumped by 31.79% in the last 200 days.
On March 18, 2024, Stifel Upgraded Latham Group Inc (NASDAQ: SWIM) to Buy. A report published by BofA Securities on March 13, 2024, Downgraded its rating to ‘Underperform’ for SWIM. Barclays also Downgraded SWIM shares as ‘Equal Weight’, setting a target price of $5 on the company’s shares in a report dated December 14, 2022. Stifel Initiated an Hold rating on December 13, 2022, and assigned a price target of $3. Goldman July 13, 2022d its ‘Neutral’ rating to ‘Sell’ for SWIM, as published in its report on July 13, 2022. BofA Securities’s report from November 11, 2021 suggests a price prediction of $27 for SWIM shares, giving the stock a ‘Buy’ rating. BofA Securities also rated the stock as ‘Neutral’.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Analysis of Latham Group Inc (SWIM)
Further, the quarter-over-quarter decrease in sales is -15.80%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Latham Group Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -0.61% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.64, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 289.85K can be a very valuable indicator of volatility for SWIM stock. On a monthly basis, the volatility of the stock is set at 8.34%, whereas on a weekly basis, it is put at 5.61%, with a gain of 7.03% over the past seven days. Furthermore, long-term investors anticipate a median target price of $3.56, showing decline from the present price of $3.96, which can serve as yet another indication of whether SWIM is worth investing in or should be passed over.
How Do You Analyze Latham Group Inc Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 68.53%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 26.11% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
SWIM shares are owned by institutional investors to the tune of 26.11% at present.
