In a report released today, Matthew Bouley from Barclays maintained a Hold rating on Latham Group (SWIM – Research Report), with a price target of $4.00. The company’s shares closed last Friday at $3.70.
According to TipRanks, Bouley is a top 100 analyst with an average return of 21.8% and a 65.55% success rate. Bouley covers the Industrials sector, focusing on stocks such as Builders Firstsource, Trex Company, and AZEK Company.
Currently, the analyst consensus on Latham Group is a Hold with an average price target of $3.37.
Based on Latham Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $90.87 million and a net profit of $112 thousand. In comparison, last year the company earned a revenue of $107.92 million and had a GAAP net loss of $19.03 million
Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SWIM in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Latham Group (SWIM) Company Description:
Latham Group Inc is a designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand.
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