Latham Group, Inc. Q1 2024 Earnings Call Transcript
| SWIM Stock | USD 6.63 0.04 0.61% |
About 55% of Latham's investor base is interested to short. The analysis of overall sentiment of trading Latham Group stock suggests that many investors are impartial at this time. Latham's investing sentiment overview a quick insight into current market opportunities from investing in Latham Group. Many technical investors use Latham Group stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Latham |
Latham Group, Inc. Q1 2024 Earnings Call Transcript May 11, 2024 Latham Group, Inc. isnt one of the 30 most popular stocks among hedge funds at the end of the third quarter . Operator Good afternoon, and welcome to the Latham Group First Quarter 2024 Earnings Conference Call. All participants will
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Latham Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Latham can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Latham Fundamental Analysis
We analyze Latham's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Latham using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Latham based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Operating Margin
Operating Margin Comparative Analysis
Latham is currently under evaluation in operating margin category among its peers. Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Latham Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Latham stock to make a market-neutral strategy. Peer analysis of Latham could also be used in its relative valuation, which is a method of valuing Latham by comparing valuation metrics with similar companies.
Peers
Latham Related Equities
| NX | Quanex Building | 3.30 | ||||
| JBI | Janus International | 1.22 | ||||
| ROCK | Gibraltar Industries | 0.82 | ||||
| JELD | Jeld Wen | 0.74 | ||||
| APOG | Apogee Enterprises | 0.51 | ||||
| GMS | GMS | 0.13 | ||||
| TILE | Interface | 0.11 | ||||
| AWI | Armstrong World | 0.24 | ||||
| PPIH | Perma Pipe | 0.97 |
Check out Latham Hype Analysis, Latham Correlation and Latham Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Latham. If investors know Latham will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Latham listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.1 | Revenue Per Share 4.455 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0162 | Return On Equity 0.0282 |
The market value of Latham Group is measured differently than its book value, which is the value of Latham that is recorded on the company's balance sheet. Investors also form their own opinion of Latham's value that differs from its market value or its book value, called intrinsic value, which is Latham's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Latham's market value can be influenced by many factors that don't directly affect Latham's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Latham's value and its price as these two are different measures arrived at by different means. Investors typically determine if Latham is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Latham's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.