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Industrials - Construction - NASDAQ - US
$ 5.715
-2.31 %
$ 661 M
Market Cap
57.15
P/E
1. INTRINSIC VALUE

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, pool covers, and pool liners. The company was formerly known as Latham Topco, Inc. and changed its name to Latham Group, Inc. in March 2021. Latham Group, Inc. was incorporated in 2018 and is headquartered in Latham, New York.[ Read More ]

The intrinsic value of one SWIM stock under the base case scenario is HIDDEN Compared to the current market price of 5.71 USD, Latham Group, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SWIM

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FINANCIALS
566 M REVENUE
-18.58%
16.1 M OPERATING INCOME
-46.25%
-2.39 M NET INCOME
58.06%
116 M OPERATING CASH FLOW
260.18%
-31.7 M INVESTING CASH FLOW
29.53%
-13.9 M FINANCING CASH FLOW
-367.55%
150 M REVENUE
-6.01%
13.4 M OPERATING INCOME
-34.55%
5.9 M NET INCOME
-55.60%
37.2 M OPERATING CASH FLOW
-28.96%
-68.1 M INVESTING CASH FLOW
-1416.80%
-193 K FINANCING CASH FLOW
80.76%
Balance Sheet Decomposition Latham Group, Inc.
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Current Assets 239 M
Cash & Short-Term Investments 103 M
Receivables 31.4 M
Other Current Assets 104 M
Non-Current Assets 596 M
Long-Term Investments 25.9 M
PP&E 144 M
Other Non-Current Assets 427 M
Current Liabilities 86.2 M
Accounts Payable 17.1 M
Short-Term Debt 28.4 M
Other Current Liabilities 40.7 M
Non-Current Liabilities 350 M
Long-Term Debt 308 M
Other Non-Current Liabilities 41.6 M
EFFICIENCY
Earnings Waterfall Latham Group, Inc.
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Revenue 566 M
Cost Of Revenue 414 M
Gross Profit 153 M
Operating Expenses 137 M
Operating Income 16.1 M
Other Expenses 18.5 M
Net Income -2.39 M
RATIOS
27.00% GROSS MARGIN
27.00%
2.85% OPERATING MARGIN
2.85%
-0.42% NET MARGIN
-0.42%
-0.60% ROE
-0.60%
-0.29% ROA
-0.29%
0.55% ROIC
0.55%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Latham Group, Inc.
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Net Income -2.39 M
Depreciation & Amortization 40.8 M
Capital Expenditures -33.2 M
Stock-Based Compensation 18.8 M
Change in Working Capital 59.3 M
Others -5.16 M
Free Cash Flow 83.2 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Latham Group, Inc.
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Wall Street analysts predict an average 1-year price target for SWIM of $5.67 , with forecasts ranging from a low of $4 to a high of $7 .
SWIM Lowest Price Target Wall Street Target
4 USD -30.01%
SWIM Average Price Target Wall Street Target
5.67 USD -0.85%
SWIM Highest Price Target Wall Street Target
7 USD 22.48%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Latham Group, Inc.
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Sold
0-3 MONTHS
304 K USD 3
3-6 MONTHS
272 K USD 3
6-9 MONTHS
211 K USD 6
9-12 MONTHS
8.85 K USD 1
Bought
51.6 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
80.3 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
6 days ago
Nov 11, 2024
Sell 69.4 K USD
Bahl Sanjeev
CHIEF OPERATING OFFICER
- 11750
5.9044 USD
6 days ago
Nov 11, 2024
Bought 51.6 K USD
Gloe Oliver C.
CHIEF FINANCIAL OFFICER
+ 9000
5.73 USD
2 weeks ago
Oct 31, 2024
Sell 65.8 K USD
Gloe Oliver C.
CHIEF FINANCIAL OFFICER
- 10216
6.44 USD
2 months ago
Aug 26, 2024
Sell 169 K USD
Rajeski Scott Michael
CHIEF EXECUTIVE OFFICER
- 25851
6.54 USD
3 months ago
Aug 16, 2024
Sell 201 K USD
Rajeski Scott Michael
CHIEF EXECUTIVE OFFICER
- 33000
6.09 USD
3 months ago
Aug 09, 2024
Sell 51.3 K USD
Kunchala Suraj
VICE PRESIDENT & CONTROLLER
- 10139
5.0633 USD
3 months ago
Aug 09, 2024
Sell 20 K USD
Sheller Patrick M
GENERAL COUNSEL & SECRETARY
- 3942
5.08 USD
8 months ago
Mar 15, 2024
Bought 80.3 K USD
Gloe Oliver C.
CHIEF FINANCIAL OFFICER
+ 27500
2.92 USD
8 months ago
Mar 04, 2024
Sell 76 K USD
Rajeski Scott Michael
CHIEF EXECUTIVE OFFICER
- 24913
3.05 USD
8 months ago
Mar 04, 2024
Sell 19.9 K USD
Dhruv Kaushal Bhikhesh
CHIEF INFORMATION OFFICER
- 6531
3.05 USD
8 months ago
Mar 04, 2024
Sell 44.7 K USD
Cowley Joshua D.
CHIEF COMMERCIAL OFFICER
- 14650
3.05 USD
8 months ago
Mar 04, 2024
Sell 31.5 K USD
Bahl Sanjeev
CHIEF OPERATING OFFICER
- 10342
3.05 USD
8 months ago
Mar 04, 2024
Sell 31.8 K USD
Sheller Patrick M
GENERAL COUNSEL & SECRETARY
- 10431
3.05 USD
8 months ago
Mar 04, 2024
Sell 6.61 K USD
Kunchala Suraj
VICE PRESIDENT & CONTROLLER
- 2166
3.05 USD
9 months ago
Jan 25, 2024
Sell 8.85 K USD
Bahl Sanjeev
CHIEF OPERATING OFFICER
- 3582
2.47 USD
1 year ago
Aug 22, 2023
Bought 31.7 K USD
Rajeski Scott Michael
CHIEF EXECUTIVE OFFICER
+ 8000
3.96 USD
1 year ago
Aug 18, 2023
Bought 48 K USD
Rajeski Scott Michael
CHIEF EXECUTIVE OFFICER
+ 12000
4 USD
1 year ago
Aug 10, 2023
Sell 376 K USD
Feck Melissa Claire
CHIEF HUMAN RESOURCES OFFICER
- 92833
4.0527 USD
1 year ago
Aug 11, 2023
Sell 30.1 K USD
Feck Melissa Claire
CHIEF HUMAN RESOURCES OFFICER
- 7167
4.194 USD
1 year ago
Aug 10, 2023
Bought 53 K USD
Rajeski Scott Michael
CHIEF EXECUTIVE OFFICER
+ 13000
4.0788 USD
1 year ago
Aug 09, 2023
Sell 17.5 K USD
Sheller Patrick M
GENERAL COUNSEL & SECRETARY
- 3968
4.4 USD
1 year ago
Jul 25, 2023
Sell 154 K USD
BORSETH J MARK
INTERIM CFO
- 39035
3.9385 USD
1 year ago
May 12, 2023
Bought 34 K USD
Cline James E
Director
+ 10000
3.4 USD
1 year ago
May 11, 2023
Bought 136 K USD
Cline James E
Director
+ 40000
3.4 USD
1 year ago
Apr 24, 2023
Sell 3.91 K USD
Kunchala Suraj
VICE PRESIDENT & CONTROLLER
- 1732
2.26 USD
1 year ago
Apr 24, 2023
Sell 16.3 K USD
Cowley Joshua D.
CHIEF COMMERCIAL OFFICER
- 7215
2.26 USD
1 year ago
Jan 24, 2023
Sell 13.1 K USD
Bahl Sanjeev
director: COO LATHAM GROUP, INC.
- 3653
3.58 USD
1 year ago
Nov 21, 2022
Bought 22.4 K USD
Laven Mark Phillip
Director
+ 7500
2.9847 USD
2 years ago
Nov 18, 2022
Bought 21.7 K USD
Laven Mark Phillip
Director
+ 7500
2.89 USD
3 years ago
Apr 27, 2021
Bought 285 K USD
Rajeski Scott Michael
Chief Executive Officer
+ 15000
19 USD
3 years ago
Apr 27, 2021
Bought 47.5 K USD
Morno-Wade Suzan
Director
+ 2500
19 USD
3 years ago
Apr 27, 2021
Bought 19 K USD
Leake Jeff Arnold
Chief Operating Officer
+ 1000
19 USD
3 years ago
Apr 27, 2021
Bought 95 K USD
Laven Mark Phillip
Director
+ 5000
19 USD
3 years ago
Apr 27, 2021
Bought 19 K USD
Feck Melissa Claire
Chief Human Resources Officer
+ 1000
19 USD
3 years ago
Apr 27, 2021
Bought 475 K USD
Evans Robert Deaton
Director
+ 25000
19 USD
3 years ago
Apr 27, 2021
Bought 95 K USD
Duva Jason A
Gen. Counsel & Chief Admin Off
+ 5000
19 USD
3 years ago
Apr 27, 2021
Bought 228 K USD
Culp Joel Richard
Chief Marketing Officer
+ 12000
19 USD
3 years ago
Apr 27, 2021
Bought 19 K USD
Cowley Joshua D.
Chief Commercial Officer
+ 1000
19 USD
3 years ago
Apr 27, 2021
Bought 950 K USD
Cline James E
Director
+ 50000
19 USD
3 years ago
Apr 27, 2021
Bought 190 K USD
BORSETH J MARK
Chief Financial Officer
+ 10000
19 USD
7. News
Latham Launches AI-Powered Measuring Technology for Vinyl Pool Liners Measure by Latham firmware update takes builders from poolside to production in minutes Measure by Latham firmware update takes builders from poolside to production in minutes globenewswire.com - 5 days ago
Latham Makes a Splash With New Plunge Pool Collection Leading pool manufacturer offers the industry's only line to include both fiberglass and vinyl liner options Leading pool manufacturer offers the industry's only line to include both fiberglass and vinyl liner options globenewswire.com - 5 days ago
Latham Group, Inc. to Participate in the Baird 2024 Global Industrial Conference LATHAM, N.Y., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc., the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that Scott Rajeski, President and Chief Executive Officer, and Oliver Gloe, Chief Financial Officer, will participate in the Baird 2024 Global Industrial Conference on Wednesday, November 13. Latham's management team will host a fireside chat at 12:00pm CT and will also host investor meetings throughout the day. This event will take place at the Ritz-Carlton Chicago in Chicago, IL. globenewswire.com - 1 week ago
Latham Group, Inc. (SWIM) Q3 2024 Earnings Call Transcript Latham Group, Inc. (NASDAQ:SWIM ) Q3 2024 Earnings Conference Call November 5, 2024 4:30 PM ET Company Participants Casey Kotary - Investor Relations Scott Rajeski - President and Chief Executive Officer Oliver Gloe - Chief Financial Officer Conference Call Participants Ryan Merkel - William Blair Andrew Carter - Stifel Tim Wojs - Baird Greg Badishkanian - Wolfe Research Matthew Bouley - Barclays Susan Maklari - Goldman Sachs Sean Cowan - Bank of America Operator Good afternoon, and welcome to the Latham Group Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. seekingalpha.com - 1 week ago
Latham Group (SWIM) Meets Q3 Earnings Estimates Latham Group (SWIM) came out with quarterly earnings of $0.07 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.05 per share a year ago. zacks.com - 1 week ago
Latham Group, Inc. Reports Third Quarter 2024 Financial Results In-Ground Pool Market in Line with Expectations Latham Fiberglass Pool Sales Continue to Show Relative Strength Lean Manufacturing, Value Engineering Initiatives and Improved Procurement Drive Meaningful Cost Reductions Narrows Full Year 2024 Net Sales and Adjusted EBITDA Guidance Ranges Third Quarter 2024 Financial Highlights: Net sales of $150.5 million Net income of $5.9 million / Earnings per diluted share of $0.05 Adjusted EBITDA of $29.8 million / 19.8% of Net sales Nine Months 2024 Financial Highlights: Net sales of $421.2 million Net income of $11.3 million / Earnings per diluted share of $0.10 Adjusted EBITDA of $76.6 million / 18.2% of Net sales LATHAM, N.Y., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc. (Nasdaq: SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced financial results for the third quarter 2024 ended September 28, 2024. globenewswire.com - 1 week ago
5 Building Products Stocks for Better Returns Despite the Industry Woes A focus on operational efficiencies and higher government spending raises hope for AWI, ACA, ROAD, FTDR and SWIM. zacks.com - 1 week ago
Here's What You Should Know Ahead of Latham's Q3 Earnings Release SWIM's third-quarter 2024 results are likely to reflect declining sales volume amid benefits from restructuring programs and production efficiencies. zacks.com - 1 week ago
Is Latham Group (SWIM) Outperforming Other Construction Stocks This Year? Here is how Latham Group (SWIM) and Taylor Morrison Home (TMHC) have performed compared to their sector so far this year. zacks.com - 2 weeks ago
3 Strong Buy Breakout Stocks for Attractive Returns Idaho Strategic Resources, MAG Silver and Latham Group have been selected as the breakout stocks for today. zacks.com - 1 month ago
Latham Group Appoints New Independent Director LATHAM, N.Y., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc., (NASDAQ:SWIM), the largest designer, manufacturer, and marketer of in-ground residential pools in North America, Australia, and New Zealand, today announced the appointment of seasoned financial executive Frank J. Dellaquila as a new independent member of its Board of Directors and Chair of the Company's Audit Committee, effective immediately. Mr. Dellaquila is replacing Robert D. Evans who resigned from the Board. globenewswire.com - 1 month ago
Latham Group, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call Date LATHAM, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or "the Company"), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that it will release financial results for the third quarter 2024 on Tuesday, November 5, 2024, after the close of the U.S. market. The Company will hold a conference call to discuss the results that same day at 4:30 PM Eastern Time. globenewswire.com - 1 month ago
8. Profile Summary

Latham Group, Inc. SWIM

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COUNTRY US
INDUSTRY Construction
MARKET CAP $ 661 M
Dividend Yield 0.00%
Description 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, pool covers, and pool liners. The company was formerly known as Latham Topco, Inc. and changed its name to Latham Group, Inc. in March 2021. Latham Group, Inc. was incorporated in 2018 and is headquartered in Latham, New York.
Contact 787 Watervliet Shaker Road, Latham, NY, 12110 https://www.lathampool.com
IPO Date April 23, 2021
Employees 1850
Officers Mr. Suraj Kunchala Vice President & Controller Ms. Nikki Vaughan Maczko Chief Human Resources Officer Mr. Kaushal Bhikhesh Dhruv Chief Information Officer Mr. Oliver Carsten Gloe Chief Financial Officer Mr. Sanjeev Bahl Chief Operating Officer Mr. Joshua D. Cowley Chief Commercial Officer Mr. Scott M. Rajeski Chief Executive Officer, President & Director