Latham Group, Inc. (SWIM)

NASDAQ: SWIM · IEX Real-Time Price · USD
2.48
+0.22 (9.73%)
At close: Dec 1, 2023, 4:00 PM
2.11
-0.37 (-14.92%)
After-hours: Dec 1, 2023, 7:30 PM EST
9.73%
Market Cap 284.59M
Revenue (ttm) 583.55M
Net Income (ttm) -21.53M
Shares Out 114.76M
EPS (ttm) -0.20
PE Ratio n/a
Forward PE 10.32
Dividend n/a
Ex-Dividend Date n/a
Volume 861,420
Open 2.31
Previous Close 2.26
Day's Range 2.26 - 2.55
52-Week Range 2.04 - 4.77
Beta 1.37
Analysts Sell
Price Target 3.13 (+26.21%)
Earnings Date Nov 7, 2023

About SWIM

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, 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. was founded in 1956 and is headquartered in Latham, New York. [Read more]

Sector Industrials
IPO Date Apr 23, 2021
Employees 2,000
Stock Exchange NASDAQ
Ticker Symbol SWIM
Full Company Profile

Financial Performance

In 2022, Latham Group's revenue was $695.74 million, an increase of 10.35% compared to the previous year's $630.46 million. Losses were -$5.69 million, -90.87% less than in 2021.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for SWIM stock is "Sell." The 12-month stock price forecast is $3.13, which is an increase of 26.21% from the latest price.

Price Target
$3.13
(26.21% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Latham Group, Inc. Appoints AdvisIRy Partners as its Investor Relations and Communications Firm

LATHAM, N.Y.--(BUSINESS WIRE)--Latham Group, Inc. (“Latham” or “the Company”) (Nasdaq: SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America,...

20 days ago - Business Wire

Latham Group, Inc. Releases Second Annual Environmental, Social and Governance Report

LATHAM, N.Y., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or “the Company”) (Nasdaq: SWIM), the largest designer, manufacturer and marketer of in-ground residential swimming pools i...

4 weeks ago - GlobeNewsWire

Latham Group, Inc to Present at the Baird 2023 Global Industrial Conference

LATHAM, N.Y., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or "the Company"), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North Americ...

4 weeks ago - GlobeNewsWire

Latham Group, Inc. Announces Third Quarter Fiscal 2023 Earnings Release and Conference Call Date

LATHAM, N.Y., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or "the Company"), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North Americ...

6 weeks ago - GlobeNewsWire

Torr Announces Mobilization of Field Crews to Highway-Accessible Latham Project in BC's Golden Triangle

Vancouver, British Columbia--(Newsfile Corp. - August 28, 2023) - Torr Metals Inc. (TSXV: TMET) ("Torr" or the "Company") is pleased to announce the initiation of its 2023 surface exploration program ...

3 months ago - Newsfile Corp

National Bank of Coxsackie Opens Loan Production and Administrative Office in Latham, New York

LATHAM, N.Y.--(BUSINESS WIRE)--In conjunction with the Capital Region and Colonie Chambers of Commerce, The National Bank of Coxsackie (“NBC”) hosted a ribbon cutting for their new commercial loan pro...

3 months ago - Business Wire

Latham Group, Inc. Reports Second Quarter Fiscal 2023 Financial Results

Tightens Fiscal 2023 Guidance Range for Net Sales and Adjusted EBITDA Tightens Fiscal 2023 Guidance Range for Net Sales and Adjusted EBITDA

4 months ago - GlobeNewsWire

Latham Group, Inc. Announces Second Quarter Fiscal 2023 Earnings Release and Conference Call Date

LATHAM, N.Y., July 18, 2023 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or "the Company"), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North Americ...

4 months ago - GlobeNewsWire

Latham Group, Inc. Celebrates Opening of its Seminole, Oklahoma Fiberglass Swimming Pool Manufacturing Plant

New Facility Enables the Company to Continue to Expand in the Southwest and South Central regions of the United States New Facility Enables the Company to Continue to Expand in the Southwest and South...

6 months ago - GlobeNewsWire

Latham Group, Inc. Celebrates Opening of New Fiberglass Swimming Pool Manufacturing Plant in Kingston, Ontario

State-of-the-art Facility Will Enable the Company's Continued Expansion into Eastern Canada and Northeast and Upper Midwest of the United States State-of-the-art Facility Will Enable the Company's Con...

6 months ago - GlobeNewsWire

Latham Group, Inc. Reports First Quarter Fiscal 2023 Financial Results

LATHAM, N.Y., May 09, 2023 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or “the Company”) (Nasdaq: SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming pools i...

7 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Latham Group, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

NEW YORK , May 8, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim i...

7 months ago - PRNewsWire

Former Latham M&A co-chair Gerstein joins PJT Partners

Mark Gerstein, a veteran dealmaker who stepped down from law firm Latham & Watkins in December, has joined PJT Partners Inc , the investment bank led by Paul Taubman, as a senior adviser.

Other symbols: PJT
8 months ago - Reuters

Latham Group, Inc. Announces First Quarter Fiscal 2023 Earnings Release and Conference Call Date

LATHAM, N.Y., April 18, 2023 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or "the Company"), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North Ameri...

8 months ago - GlobeNewsWire

Latham Group, Inc. Appoints DeLu Jackson to its Board of Directors

Brian Pratt Also Joins Board, Replacing Director Dane Derbyshire Brian Pratt Also Joins Board, Replacing Director Dane Derbyshire

8 months ago - GlobeNewsWire

Latham Group, Inc. Reports Fourth Quarter and Full Year Fiscal 2022 Financial Results

Introduces Full Fiscal Year 2023 Outlook; Provides Guidance for First Quarter Fiscal 2023 Introduces Full Fiscal Year 2023 Outlook; Provides Guidance for First Quarter Fiscal 2023

9 months ago - GlobeNewsWire

Latham Group, Inc. Announces Fourth Quarter and Full Year Fiscal 2022 Earnings Release and Conference Call Date

LATHAM, N.Y., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or "the Company"), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North Americ...

10 months ago - GlobeNewsWire

Latham Introduces New Fiberglass Pool Models

Tuscan and Enchantment Models Highlight This Year's New Pools for 2023 Tuscan and Enchantment Models Highlight This Year's New Pools for 2023

11 months ago - GlobeNewsWire

Latham Group, Inc. Introduces Measure by Latham

A new AI-powered measuring tool aimed to revolutionized how dealers measure vinyl liners and covers A new AI-powered measuring tool aimed to revolutionized how dealers measure vinyl liners and covers

11 months ago - GlobeNewsWire

Latham Group, Inc. Announces Chief Financial Officer Transition; Reaffirms Fiscal 2022 Net Sales and Adjusted EBITDA Guidance

Mark Borseth appointed as Interim Chief Financial Officer Mark Borseth appointed as Interim Chief Financial Officer

11 months ago - GlobeNewsWire

Latham Group, Inc. Announces Participation in the Truist Securities 4ᵗʰ Annual Industrials and Services Summit

LATHAM, N.Y., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or “the Company”) (Nasdaq: SWIM), the largest designer, manufacturer and marketer of in-ground residential swimming pools i...

1 year ago - GlobeNewsWire

Latham Group, Inc. Reports Third Quarter Fiscal 2022 Financial Results

Delivers Third Quarter Year-over-Year Net Sales Growth of 16.9%

1 year ago - GlobeNewsWire

Sia Partners Accelerates in the Life Sciences Sector with the Acquisition of Latham BioPharm Group

PARIS--(BUSINESS WIRE)--Sia Partners accelerates in Life Sciences sector, creates Life Science Consulting division thanks to acquisition of Latham BioPharm Group.

1 year ago - Business Wire

Latham Group, Inc. Announces Third Quarter Fiscal 2022 Earnings Release and Conference Call Date

LATHAM, N.Y., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or "the Company"), the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America...

1 year ago - GlobeNewsWire

Wynnchurch Capital Announces New Hires

ROSEMONT, Ill.--(BUSINESS WIRE)--Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle-market private equity firm, announced today the additions of Andrew Singer as Principal, and Rohan Shah, Anni...

1 year ago - Business Wire