NasdaqGS:SWIMLeisure
Latham Group (SWIM): Strong Profit Growth Forecasted Despite Modest Revenue and Premium Valuation
Latham Group (SWIM) is currently unprofitable, with expectations to turn profitable within the next three years. Earnings are forecast to grow quickly at 46.36% per year, significantly outpacing the broader market. Revenue is projected to rise by 4.8% per year, which is a much slower pace than the US market's 10.5%. The company has steadily reduced its losses by an annual rate of 13.7% over the past five years. While the Price-to-Sales Ratio sits well above industry peers at 1.6x, shares are...