The Analyst Verdict: Latham Group In The Eyes Of 4 Experts

In the last three months, 4 analysts have published ratings on Latham Group SWIM, offering a diverse range of perspectives from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Analysts have set 12-month price targets for Latham Group, revealing an average target of $5.33, a high estimate of $6.80, and a low estimate of $3.00. This current average reflects an increase of 27.21% from the previous average price target of $4.19.

Exploring Analyst Ratings: An In-Depth Overview

In examining recent analyst actions, we gain insights into how financial experts perceive Latham Group. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Latham Group. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Latham Group compared to the broader market.
• Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Latham Group's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Latham Group's market standing. Stay informed and make well-considered decisions with our Ratings Table.

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Delving into Latham Group's Background

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: A Financial Overview

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Challenges: Latham Group's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -9.6%. This indicates 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 8.29%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Latham Group's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 3.32%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Latham Group's ROA excels beyond industry benchmarks, reaching 1.62%. This signifies efficient management of assets and strong financial health.

Debt Management: With a high debt-to-equity ratio of 0.76, Latham Group faces challenges in effectively managing its debt levels, indicating potential financial strain.

The Significance of Analyst Ratings Explained

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.