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Latham Group NasdaqGS:SWIM Stock Report

Last Price

US$7.75

Market Cap

US$860.2m

7D

-1.1%

1Y

174.8%

Updated

17 Dec, 2024

Data

Company Financials +

Latham Group, Inc.

NasdaqGS:SWIM Stock Report

Market Cap: US$860.2m

SWIM Stock Overview

Designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. More details

SWIM fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance3/6
Financial Health2/6
Dividends0/6

Rewards

Earnings are forecast to grow 26.14% per year

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

Significant insider selling over the past 3 months


My Notes

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Community Narratives

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Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 7 Analysts

Declining Pool Demand Will Pressure Earnings And Compress Margins In 2024

Key Takeaways Anticipated decline in new pool starts and increased expenses could negatively impact growth, compress margins, and pressure net income. Strategic acquisitions and investments may impede short-term earnings despite positioning for future growth amidst uncertain markets.
View narrative
US$6.93
FV
11.9% overvalued intrinsic discount
4.15%
Revenue growth p.a.
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6 days ago author updated this narrative

Latham Group, Inc. Competitors

Sturm Ruger

NYSE:RGR

US$619.9m

Smith & Wesson Brands

NasdaqGS:SWBI

US$484.2m

Marine Products

NYSE:MPX

US$334.3m

JAKKS Pacific

NasdaqGS:JAKK

US$292.3m

Price History & Performance

Summary of share price highs, lows and changes for Latham Group
Historical stock prices
Current Share PriceUS$7.75
52 Week HighUS$8.41
52 Week LowUS$2.11
Beta1.84
1 Month Change35.61%
3 Month Change20.34%
1 Year Change174.82%
3 Year Change-65.59%
5 Year Changen/a
Change since IPO-71.56%

Recent News & Updates

Is Now The Time To Look At Buying Latham Group, Inc. (NASDAQ:SWIM)?

Dec 10
Is Now The Time To Look At Buying Latham Group, Inc. (NASDAQ:SWIM)?

Latham Group: The Water Is Getting Warmer

Nov 18

Recent updates

Is Now The Time To Look At Buying Latham Group, Inc. (NASDAQ:SWIM)?

Dec 10
Is Now The Time To Look At Buying Latham Group, Inc. (NASDAQ:SWIM)?

Latham Group: The Water Is Getting Warmer

Nov 18

Latham Group: End Of A Nightmare

Oct 18

Latham Group (NASDAQ:SWIM) Has A Pretty Healthy Balance Sheet

Oct 14
Latham Group (NASDAQ:SWIM) Has A Pretty Healthy Balance Sheet

Is Latham Group, Inc. (NASDAQ:SWIM) Expensive For A Reason? A Look At Its Intrinsic Value

Sep 14
Is Latham Group, Inc. (NASDAQ:SWIM) Expensive For A Reason? A Look At Its Intrinsic Value

Latham Group, Inc.'s (NASDAQ:SWIM) 85% Jump Shows Its Popularity With Investors

Aug 25
Latham Group, Inc.'s (NASDAQ:SWIM) 85% Jump Shows Its Popularity With Investors

Latham Group's (NASDAQ:SWIM) Shareholders May Want To Dig Deeper Than Statutory Profit

Aug 14
Latham Group's (NASDAQ:SWIM) Shareholders May Want To Dig Deeper Than Statutory Profit

Latham Group: It Might Be Time To Dip Your Toes In

Aug 08

Latham Group, Inc.'s (NASDAQ:SWIM) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Jul 11
Latham Group, Inc.'s (NASDAQ:SWIM) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Here's What's Concerning About Latham Group's (NASDAQ:SWIM) Returns On Capital

Jun 26
Here's What's Concerning About Latham Group's (NASDAQ:SWIM) Returns On Capital

Latham Group, Inc.'s (NASDAQ:SWIM) 25% Share Price Plunge Could Signal Some Risk

May 05
Latham Group, Inc.'s (NASDAQ:SWIM) 25% Share Price Plunge Could Signal Some Risk

Latham Group, Inc.'s (NASDAQ:SWIM) CEO Might Not Expect Shareholders To Be So Generous This Year

Apr 26
Latham Group, Inc.'s (NASDAQ:SWIM) CEO Might Not Expect Shareholders To Be So Generous This Year

Here's Why Latham Group (NASDAQ:SWIM) Has A Meaningful Debt Burden

Apr 17
Here's Why Latham Group (NASDAQ:SWIM) Has A Meaningful Debt Burden

Latham Group, Inc.'s (NASDAQ:SWIM) 25% Jump Shows Its Popularity With Investors

Mar 21
Latham Group, Inc.'s (NASDAQ:SWIM) 25% Jump Shows Its Popularity With Investors

Is It Time To Consider Buying Latham Group, Inc. (NASDAQ:SWIM)?

Mar 03
Is It Time To Consider Buying Latham Group, Inc. (NASDAQ:SWIM)?

Latham Group (NASDAQ:SWIM) May Have Issues Allocating Its Capital

Feb 13
Latham Group (NASDAQ:SWIM) May Have Issues Allocating Its Capital

Pinning Down Latham Group, Inc.'s (NASDAQ:SWIM) P/S Is Difficult Right Now

Jan 26
Pinning Down Latham Group, Inc.'s (NASDAQ:SWIM) P/S Is Difficult Right Now

Estimating The Fair Value Of Latham Group, Inc. (NASDAQ:SWIM)

Dec 15
Estimating The Fair Value Of Latham Group, Inc. (NASDAQ:SWIM)

Latham Group, Inc. (NASDAQ:SWIM) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely

Sep 12
Latham Group, Inc. (NASDAQ:SWIM) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely

Returns On Capital Signal Tricky Times Ahead For Latham Group (NASDAQ:SWIM)

Jun 29
Returns On Capital Signal Tricky Times Ahead For Latham Group (NASDAQ:SWIM)

What Is Latham Group, Inc.'s (NASDAQ:SWIM) Share Price Doing?

Jun 02
What Is Latham Group, Inc.'s (NASDAQ:SWIM) Share Price Doing?

Is Latham Group, Inc. (NASDAQ:SWIM) Trading At A 44% Discount?

May 04
Is Latham Group, Inc. (NASDAQ:SWIM) Trading At A 44% Discount?

The Returns At Latham Group (NASDAQ:SWIM) Aren't Growing

Feb 09
The Returns At Latham Group (NASDAQ:SWIM) Aren't Growing

Shareholder Returns

SWIMUS LeisureUS Market
7D-1.1%-4.7%0.1%
1Y174.8%-10.0%26.1%

Return vs Industry: SWIM exceeded the US Leisure industry which returned -8.5% over the past year.

Return vs Market: SWIM exceeded the US Market which returned 27.3% over the past year.

Price Volatility

Is SWIM's price volatile compared to industry and market?
SWIM volatility
SWIM Average Weekly Movement8.5%
Leisure Industry Average Movement6.2%
Market Average Movement6.3%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: SWIM has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SWIM's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19561,850Scott Rajeskiir.lathampool.com

Latham Group, Inc. designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. It offers a portfolio of pools and related products, including in-ground swimming pools that include fiber glass and packaged pools; and pool covers and liners under the Latham, Narellan, CoverStar, Radiant, and GLI brand names. The company was formerly known as Latham Topco, Inc. and changed its name to Latham Group, Inc. in March 2021.

Latham Group, Inc. Fundamentals Summary

How do Latham Group's earnings and revenue compare to its market cap?
SWIM fundamental statistics
Market capUS$860.25m
Earnings (TTM)US$11.42m
Revenue (TTM)US$512.11m

78.5x

P/E Ratio

1.7x

P/S Ratio

Is SWIM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SWIM income statement (TTM)
RevenueUS$512.11m
Cost of RevenueUS$358.62m
Gross ProfitUS$153.50m
Other ExpensesUS$142.07m
EarningsUS$11.42m

Last Reported Earnings

Sep 28, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.099
Gross Margin29.97%
Net Profit Margin2.23%
Debt/Equity Ratio68.4%

How did SWIM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 23:36
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/28
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Latham Group, Inc. is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy WojsBaird
Matthew BouleyBarclays
Shaun CalnanBofA Global Research