Stifel Nicolaus analyst W. Andrew Carter maintained a Hold rating on Latham Group (SWIM – Research Report) yesterday and set a price target of $2.85. The company’s shares closed last Friday at $3.83.
According to TipRanks, Andrew Carter is a 2-star analyst with an average return of 0.9% and a 42.62% success rate.
The word on The Street in general, suggests a Hold analyst consensus rating for Latham Group with a $4.28 average price target.
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Based on Latham Group’s latest earnings release for the quarter ending April 1, the company reported a quarterly revenue of $137.72 million and a GAAP net loss of $14.37 million. In comparison, last year the company earned a revenue of $180.18 million and had a GAAP net loss of $2.85 million
Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is neutral on the stock.
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Latham Group Inc is a designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand.
Read More on SWIM:
- Latham Group, Inc. Celebrates Opening of New Fiberglass Swimming Pool Manufacturing Plant in Kingston, Ontario
- Latham Group, Inc. Reports First Quarter Fiscal 2023 Financial Results
- Latham Group price target lowered to $2.50 from $3.50 at Stifel
- Latham Group, Inc. Announces First Quarter Fiscal 2023 Earnings Release and Conference Call Date
- Latham Group appoints DeLu Jackson to board of directorsADT Inc.
