An announcement from Latham Group ( (SWIM) ) is now available.
On May 1, 2025, Latham Group announced that its Chief Commercial Officer, Joshua D. Cowley, will resign effective May 16, 2025, to pursue another opportunity. During the same day, at the company’s annual meeting, stockholders elected three Class I directors to serve until 2028 and ratified Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
Spark’s Take on SWIM Stock
According to Spark, TipRanks’ AI Analyst, SWIM is a Neutral.
Latham Group’s overall stock score is influenced by financial challenges, evident in its declining revenues and profitability, despite operational improvements and a stable financial position. The bearish technical indicators and challenging valuation further weigh on the score. However, the positive outlook from the earnings call reflects strategic growth opportunities and operational efficiencies, providing some optimism despite current market conditions.
To see Spark’s full report on SWIM stock, click here.
More about Latham Group
Average Trading Volume: 741,072
Technical Sentiment Signal: Hold
Current Market Cap: $695.8M
For a thorough assessment of SWIM stock, go to TipRanks’ Stock Analysis page.