Latham Group (NASDAQ:SWIM) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 0 | 2 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 1 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $3.27, a high estimate of $4.00, and a low estimate of $2.50. Marking an increase of 0.62%, the current average surpasses the previous average price target of $3.25.
Breaking Down Analyst Ratings: A Detailed Examination
A clear picture of Latham Group's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Matthew Bouley | Barclays | Raises | Equal-Weight | $4.00 | $2.50 |
| W. Andrew Carter | Stifel | Raises | Buy | $4.00 | $3.00 |
| Rafe Jadrosich | B of A Securities | Lowers | Underperform | $2.60 | $4.50 |
| Matthew Bouley | Barclays | Lowers | Equal-Weight | $2.50 | $3.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Latham Group. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Latham Group compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Latham Group's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into Latham Group's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
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Get to Know Latham Group Better
Latham Group Inc is a designer, manufacturer, and marketer of in-ground residential swimming pools, liners, and covers in North America, Australia, and New Zealand. It derives a majority of its revenue from the United States.
Latham Group: Financial Performance Dissected
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Latham Group's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -15.8% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Latham Group's net margin excels beyond industry benchmarks, reaching 0.12%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Latham Group's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.03% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Latham Group's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.01%, the company showcases efficient use of assets and strong financial health.
Debt Management: Latham Group's debt-to-equity ratio stands notably higher than the industry average, reaching 0.83. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
The Basics of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.