Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Latham Group Inc before investing.

In this article, we go over a few key elements for understanding Latham Group Inc’s stock price such as:

• Latham Group Inc’s current stock price and volume
• Why Latham Group Inc’s stock price changed recently
• Upgrades and downgrades for SWIM from analysts
• SWIM’s stock price momentum as measured by its relative strength

About Latham Group Inc (SWIM)

Before we jump into Latham Group Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Latham Group, Inc. is a designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand. The Company offers a range of pools and related products, including in-ground swimming pools, pool liners, and pool covers. Its in-ground swimming pools products include fiberglass pools and packaged pools. The Company offers a portfolio of fiberglass pools with customizable features that include different colors, elaborate finishes, floor mosaics, lighting options, water features, in-floor cleaning, tanning ledges, and spillover spas. The Company manufactures replacement liners and custom vinyl pools in the North American residential in-ground swimming pool market. The Company offers automatic safety covers and all-season pool covers. In North America, it operates under one banner, Latham, the Pool Company. Its sub-brands, which sit under the Latham master brand, include Narellan, CoverStar, Radiant, and GLI, among others.

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Latham Group Inc’s Stock Price as of Market Close

As of August 19, 2024, 4:00 PM, CST, Latham Group Inc’s stock price was $5.96.

Latham Group Inc is down 4.49% from its previous closing price of $6.24.

During the last market session, Latham Group Inc’s stock traded between $5.73 and $6.25. Currently, there are 115.47 million shares of Latham Group Inc stock available for purchase.

Latham Group Inc’s price-earnings (P/E) ratio is currently at 62.6, which is high compared to the Recreational Products industry median of 18.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Latham Group Inc Stock Price History

Latham Group Inc’s (SWIM) price is currently up 63.74% so far this month.

During the month of August, Latham Group Inc’s stock price has reached a high of $6.34 and a low of $3.08.

Over the last year, Latham Group Inc has hit prices as high as $6.25 and as low as $2.04. Year to date, Latham Group Inc’s stock is up 85.09%.

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What Caused Latham Group Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 16, 2024, there were 0 analysts who downgraded Latham Group Inc’s stock and 5 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Latham Group Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Latham Group Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Latham Group Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Latham Group Inc (SWIM) by visiting AAII Stock Evaluator.

Relative Price Strength of Latham Group Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 16, 2024, Latham Group Inc has a weighted four-quarter relative price strength of 19.41%, which translates to a Momentum Score of 94 and is considered to be Very Strong.

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Latham Group Inc Stock Price: Bottom Line

As of August 19, 2024, Latham Group Inc’s stock price is $5.96, which is down 4.49% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Latham Group Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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