Latham Stock: Caution Amidst Recent Gains

Latham stocks recent surge, outperforming S&P five hundred by 6.4%, has investors excited. However, analysts warn of potential underperformance due to weak long-term revenue growth (8.9% CAGR over 5 years) and inadequate profitability (4.8% operating margin). The stocks high forward P/E ratio (40.5) suggests much of the good news may already be priced in, leaving some to seek better investment prospects.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.