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How to Buy Latham Group Stock

Latham Group Inc

Latham Group, Inc. designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand.

Latham Group stock last closed at $3.96, down 1% from the previous day, and has increased 40.43% in one year. It has underperformed other stocks in the Building Products & Equipment industry by 0.31 percentage points. Latham Group stock is currently +94.59% from its 52-week low of $2.04, and -16.98% from its 52-week high of $4.77.

At the moment, there are 115.39M shares of SWIM outstanding. The market cap of SWIM is $456.93M. In the past 24 hours, 276,491 SWIM shares were traded.

How to Buy Latham Group Stock

Wondering how to invest in Latham Group stock? Here's how.
  1. Choose where to buy Latham Group stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Latham Group stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Select your payment method and add your info.
  4. Evaluate Latham Group stock: The Latham Group ticker symbol is SWIM. Is Latham Group stock a good investment? Should you buy shares of SWIM? How do SWIM's underlying business fundamentals look? Do top analysts think Latham Group is a good buy? Why has SWIM's stock price moved recently? (Hint: Our stock market research website can help you evaluate if SWIM is a good stock to buy).
  5. Make your SWIM buy order: Decide if you will purchase SWIM shares at the current market price or use a limit order to purchase SWIM shares at a particular price.
  6. Get key alerts regarding your investment in SWIM: Create a watchlist to watch your position in Latham Group shares.

Step 1: Choose where to buy Latham Group stock

You need an online brokerage account in order to access the NASDAQ market and buy SWIM shares.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal details so you are able to buy SWIM stock today.

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Step 3: Deposit money your investment account

Now that you have opened your account on investing apps, your next step is to transfer the money for your investment:

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Step 4: Evaluate Latham Group stock

Once you have figured out the best place to buy Latham Group stock, it's critical to evaluate their stock before you invest, so you truly understand the risk as well as the upside.

Overview of key SWIM info

SWIM Price
$3.96
1w %
7.03%
1y %
40.43%
5y %
N/A
P/E
-198x
P/B
1.14x
P/S
0.79x
PEG
N/A
Revenue
$566.49M
Earnings
-$2.39M
Fore. Rev. Growth
-10.44%
Fore. Earn. Growth
N/A
Market Cap
$456.93M
Next Earnings
May 7, 2024
Next Dividend
N/A

Fundamentals of SWIM

WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on SWIM's stock page.

Is SWIM stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SWIM's intrinsic value.

Using relative valuations measures:

  • SWIM could be undervalued based on its P/B ratio of 1.14x, relative to Building Products & Equipment industry P/B ratio of 5.57x

You can do more valuation analysis on SWIM's stock here.

SWIM Financial Summary

Pros:

  • SWIM profit margin has gone up from -0.8% to -0.4% in the past year.
  • There are more short-term assets than short-term liabilities on the SWIM balance sheet.
  • SWIM's operating cash flow of $116.37M allows it to safely service it's debt of $333.12M.

Cons:

  • SWIM has a relatively high debt to equity ratio of 1.09.
  • There are more long-term liabilities than short-term assets on the SWIM balance sheet.
  • SWIM earnings of $20.86M is not enough to cover its interest payments.

Do Wall Street analysts think it's a good time to buy SWIM stock

Out of 3 Wall Street analysts who track SWIM, the consensus analyst rating on Latham Group is a Hold

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Latham Group stock forecast page.

SWIM Trading Indicators

SMA10
3.57
SMA20
3.37
SMA50
2.94
SMA100
2.73
SMA200
3.01
MACD
0.26
MACD Signal
0.2
MACD Histogram
0.06
RSI
67.55
Stochastic %K
90
Stochastic %D
90.63
StochRSI %K
97.22
StochRSI %D
96.59

SWIM Growth Metrics

Last year, SWIM revenue was $566.49M. During the past four year, SWIM's revenue has grown by 15.53% per year. This was faster than the Building Products & Equipment industry average of 7.92%.

Dig into SWIM's earnings and revenue performance here.

Latest Insiders Trades at SWIM

Over the last 12 months, executives and large shareholders at SWIM have sold more shares than they have bought.

Oliver C. Gloe, CHIEF FINANCIAL OFFICER of SWIM, was the latest SWIM insider to buy. They bought $80,300.00 worth of SWIM shares on Mar 15, 2024.

Learn more about who owns SWIM shares here.

Does SWIM provide a stable income stream?

No, Latham Group doesn't provide an income stream by paying out dividends.

What others are saying about SWIM

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Step 5: Make your SWIM buy order

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.

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Step 6: Get key alerts regarding your investment in SWIM

Now that you own some shares in SWIM, you'll want to stay up-to-date on your new shares.

Start a watchlist to get notified of important updates regarding your SWIM stock.

SWIM Feed

How to Buy Stock in Latham Group

To reiterate, here are the 6 steps for buying Latham Group stock:

  1. Choose where to buy Latham Group stock
  2. Sign up for a brokerage account
  3. Deposit money your investment account
  4. Evaluate Latham Group stock
  5. Make your SWIM buy order
  6. Get key alerts regarding your investment in SWIM

If you are looking for a brokerage account, eToro is our favorite venue.

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If you would like to keep tabs on your new investment in Latham Group, hit the button below to create your watchlist.

NASDAQ: SWIM
$3.96-0.04 (-1%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: SWIM
$3.96-0.04 (-1%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Latham Group share?

As of Mar 28, 2024, it costs $3.96 to buy one share of Latham Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.253 shares of SWIM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Latham Group stock?

According to 3 Wall Street analysts who monitor Latham Group, their consensus recommendation is to hold Latham Group stock.

What is the best way to buy Latham Group stock?

One way to place an order for Latham Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.