SWIM - Latham Group, Inc. Stock Price, Fair Value and News

3.87USD+0.02 (+0.52%)Delayed

Market Summary

USD3.87+0.02

Delayed

0.52%

SWIM Alerts

Big fall in Revenue (Y/Y)

Big jump in Earnings (Y/Y)
Losses in recent quarter

SWIM Stock Price

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SWIM RSI Chart

SWIM Valuation

Market Cap

447.3M

Price/Earnings (Trailing)

108.67

Price/Sales (Trailing)

0.83

EV/EBITDA

5.65

Price/Free Cashflow

6.6

SWIM Price/Sales (Trailing)

SWIM Profitability

Operating Margin

27.84%

EBT Margin

-0.02%

Return on Equity

1.05%

Return on Assets

0.51%

Free Cashflow Yield

15.15%

SWIM Fundamentals

SWIM Revenue

Revenue (TTM)

539.4M

Rev. Growth (Yr)

-19.67%

Rev. Growth (Qtr)

21.75%

SWIM Earnings

Earnings (TTM)

4.1M

Earnings Growth (Yr)

45.27%

Earnings Growth (Qtr)

-7.1K%

Breaking Down SWIM Revenue

Last 7 days

4.6%

Last 30 days

21.7%

Last 90 days

40.7%

Trailing 12 Months

4.6%

How does SWIM drawdown profile look like?

SWIM Financial Health

Current Ratio

3.12

SWIM Investor Care

Shares Dilution (1Y)

0.68%

Diluted EPS (TTM)

0.04

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	539.4M	0	0	0
2023	641.8M	612.2M	583.5M	566.5M
2022	673.3M	699.2M	726.7M	695.7M
2021	501.0M	569.1M	603.5M	630.5M
2020	339.3M	360.7M	382.0M	403.4M
2019	0	0	0	318.0M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Latham Group, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	morno-wade suzan	acquired	-	-	36,538	-
May 02, 2024	laven mark phillip	acquired	-	-	36,538	-
May 02, 2024	cline james e	acquired	-	-	48,077	-
May 02, 2024	jackson delu	acquired	-	-	36,538	-
May 02, 2024	evans robert deaton	acquired	-	-	36,538	-
Mar 15, 2024	dhruv kaushal bhikhesh	acquired	-	-	71,951	cio & ciso
Mar 15, 2024	gloe oliver c.	bought	80,300	2.92	27,500	chief financial officer
Mar 15, 2024	bahl sanjeev	acquired	-	-	136,098	chief operating officer
Mar 15, 2024	cowley joshua d.	acquired	-	-	191,707	chief commercial officer
Mar 15, 2024	kunchala suraj	acquired	-	-	23,988	vice president & controller

Which funds bought or sold SWIM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	sold off	-100	-2,136	-	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.92	-1,351	15,468	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-71.08	-54,855	42,316	-%
May 15, 2024	Tudor Investment Corp Et Al	added	474	362,515	409,892	-%
May 15, 2024	Alyeska Investment Group, L.P.	reduced	-19.75	554,628	3,217,510	0.02%
May 15, 2024	Point72 (DIFC) Ltd	new	-	546	546	-%
May 15, 2024	Ewing Morris & Co. Investment Partners Ltd.	reduced	-0.95	4,858,260	9,620,470	4.37%
May 15, 2024	Engineers Gate Manager LP	sold off	-100	-38,982	-	-%
May 15, 2024	BARCLAYS PLC	reduced	-49.35	-33,000	107,000	-%
May 15, 2024	FIRST MANHATTAN CO. LLC.	reduced	-6.67	3,998	13,860	-%

Are Funds Buying or Selling SWIM?

Are funds buying SWIM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SWIM

No. of Funds

Unveiling Latham Group, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	wynnchurch capital partners iv, l.p.	13.1%	14,983,771	SC 13G/A
Feb 14, 2024	pamplona capital partners v, l.p.	45.2%	51,845,685	SC 13G/A
Feb 13, 2024	kayne anderson rudnick investment management llc	0.02%	22,579	SC 13G/A
Feb 14, 2023	kayne anderson rudnick investment management llc	5.06%	5,924,563	SC 13G/A
Feb 14, 2023	wynnchurch capital partners iv, l.p.	12.8%	14,983,771	SC 13G/A
Feb 14, 2023	pamplona capital partners v, l.p.	44.26%	51,845,685	SC 13G/A
May 18, 2022	pamplona capital partners v, l.p.	51.3%	61,476,581	SC 13G/A
Feb 14, 2022	wynnchurch capital partners iv, l.p.	12.5%	14,983,771	SC 13G
Feb 11, 2022	pamplona capital partners v, l.p.	51.27%	61,476,581	SC 13G
Feb 11, 2022	kayne anderson rudnick investment management llc	6.31%	7,556,846	SC 13G

Recent SEC filings of Latham Group, Inc.

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
May 06, 2024	8-K	Current Report
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
Mar 22, 2024	ARS	ARS
Mar 22, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Latham Group, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CARR	58.8B	23.0B	20.26%	50.77%	43.8	2.55	9.35%	-48.07%
HUBB	21.1B	5.5B	0.45%	39.98%	29.05	3.84	8.06%	32.52%
BLDR	20.4B	17.1B	-6.83%	36.60%	13.91	1.19	-18.27%	-40.02%
CSL	19.9B	4.9B	13.40%	94.52%	23.21	4.06	-3.54%	3.11%
LECO	12.9B	-	-4.07%	33.20%	23.62	3.13	6.67%	16.79%
MID-CAP
AYI	8.0B	3.9B	4.36%	61.38%	21.17	2.08	-6.35%	-0.40%
AAON	6.2B	1.2B	-13.17%	22.84%	34.26	5.29	19.83%	50.95%
ATKR	5.5B	3.4B	-10.63%	22.26%	8.95	1.64	-11.52%	-24.82%
AEIS	4.0B	1.6B	14.28%	14.49%	30.83	2.54	-16.80%	-35.75%
PLUG	2.4B	801.3M	18.68%	-58.83%	-1.65	3	3.94%	-88.36%
SMALL-CAP
APOG	1.5B	1.4B	18.99%	70.53%	14.78	1.04	-1.65%	-4.32%
ACTG	538.1M	141.5M	11.62%	34.84%	9.37	3.8	64.77%	235.59%
ACCO	493.5M	1.8B	6.61%	-0.96%	-20.23	0.28	-6.26%	-71.83%
FCEL	366.0M	103.0M	-19.00%	-64.63%	-4	3.55	-24.12%	24.29%
APT	56.3M	60.9M	-21.24%	23.91%	13.37	0.92	4.81%	82.22%

Latham Group, Inc. News

Latest updates

Latham Group, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																		(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	21.7%	111	91.00	161	177	138	108	189	207	192	139	162	181	149	112	128	113	51.00	-
Cost Of Revenue	14.9%	80.00	70.00	113	127	104	89.00	131	139	121	96.00	111	123	96.00	74.00	77.00	68.00	41.00	-
Gross Profit	44.3%	31.00	21.00	48.00	50.00	33.00	19.00	59.00	68.00	71.00	42.00	51.00	58.00	52.00	38.00	50.00	44.00	10.00	-
S&GA Expenses	11.2%	26.00	24.00	23.00	30.00	33.00	33.00	27.00	42.00	45.00	47.00	48.00	95.00	27.00	35.00	20.00	15.00	15.00	-
EBITDA Margin	21.7%	0.13*	0.11*	0.08*	0.09*	0.09*	0.10*	0.10*	0.07*	-0.02*	0.00*	0.02*	0.06*	-	-	-	-	-	-
Interest Expenses	-1.4%	10.00	10.00	6.00	4.00	11.00	7.00	4.00	3.00	2.00	4.00	4.00	8.00	9.00	6.00	2.00	6.00	4.00	-
Income Taxes	103.3%	1.00	-16.31	7.00	5.00	-2.93	-5.98	9.00	11.00	5.00	-7.09	8.00	5.00	3.00	-1.47	6.00	5.00	-3.02	-
Earnings Before Taxes	54.7%	-7.33	-16.20	13.00	11.00	-17.30	-25.02	21.00	15.00	2.00	-13.08	-3.49	-48.38	11.00	-4.19	24.00	22.00	-18.47	-
EBT Margin	99.0%	0.00*	-0.02*	-0.03*	-0.02*	-0.01*	0.02*	0.04*	0.00*	-0.09*	-0.08*	-0.07*	-0.03*	-	-	-	-	-	-
Net Income	-7121.4%	-7.86	0.00	6.00	6.00	-14.37	-19.03	12.00	4.00	-2.84	-5.99	-11.30	-53.60	9.00	-2.72	18.00	16.00	-15.45	-
Net Income Margin	281.0%	0.01*	0.00*	-0.04*	-0.03*	-0.03*	-0.01*	0.01*	-0.02*	-0.11*	-0.10*	-0.10*	-0.05*	-	-	-	-	-	-
Free Cashflow	-270.8%	-39.86	23.00	47.00	37.00	-24.42	16.00	8.00	32.00	-64.13	-1.47	9.00	47.00	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Assets	-3.2%	809	835	865	871	930	870	921	909	915	794	734	719	675	647	526
Current Assets	-7.3%	221	239	264	262	319	255	314	307	313	229	264	243	195	167	128
Cash Equivalents	-57.4%	44.00	103	78.00	43.00	55.00	33.00	31.00	25.00	19.00	44.00	91.00	77.00	20.00	59.00	57.00
Inventory	-2.0%	95.00	97.00	103	127	150	165	166	162	140	110	81.00	74.00	74.00	65.00	36.00
Net PPE	-0.2%	113	113	110	111	105	98.00	84.00	75.00	68.00	64.00	59.00	56.00	51.00	47.00	38.00
Goodwill	-0.3%	131	131	131	131	131	131	128	129	130	129	115	116	116	116	102
Liabilities	-4.4%	417	436	473	485	555	487	522	527	535	441	398	399	560	365	332
Current Liabilities	-17.8%	71.00	86.00	87.00	88.00	106	87.00	116	124	124	115	115	112	114	94.00	50.00
LT Debt, Current	-84.7%	3.00	21.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	17.00	14.00	14.00	23.00	13.00	7.00
Shareholder's Equity	-1.9%	392	399	393	386	375	383	398	382	380	354	335	320	115	282	194
Retained Earnings	-13.8%	-64.82	-56.96	-57.07	-63.22	-68.94	-54.57	-35.53	-47.41	-51.71	-48.58	-42.60	-31.30	22.00	14.00	-2.22
Additional Paid-In Capital	0.3%	461	460	456	453	448	441	439	432	430	402	378	350	92.00	265	196
Shares Outstanding	0.5%	115	115	115	115	115	115	114	114	114	111	112	109	-	-	-
Float	-	-	-	-	144	-	-	-	278	-	-	-	963	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																		(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Cashflow From Operations	-222.2%	-34,512	28,246	51,834	50,765	-14,476	27,073	20,322	42,382	-57,468	4,264	15,288	55,185	-41,047	8,104	44,817	36,527	-26,288	-
Share Based Compensation	-68.3%	1,243	3,917	2,354	5,764	6,769	10,219	7,061	16,429	16,925	24,197	27,603	75,511	1,464	385	978	240	224	-
Cashflow From Investing	-54.8%	-5,345	-3,453	-4,908	-13,423	-9,942	-15,656	-12,251	-10,445	-6,666	-96,239	877	-8,235	-4,608	-106,688	-2,912	-3,416	-2,789	-
Cashflow From Financing	-1798.3%	-19,002	-1,001	-10,990	-48,970	47,086	-8,851	-812	-25,813	39,251	45,695	-3,558	11,798	6,083	81,813	-22,509	-9,601	4,600	-
Buy Backs	-	-	-	-	-	-	538	15,000	15,000	257,663	-	-	216,700	64,938	6.00	-	176	400	-

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SWIM Income Statement

2024-03-30

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Consolidated Statements of Operations
Net sales	$ 110,629	$ 137,719
Cost of sales	80,040	104,349
Gross profit	30,589	33,370
Selling, general, and administrative expense	26,250	33,057
Amortization	6,412	6,632
Loss from operations	(2,073)	(6,319)
Other expense:
Interest expense, net	4,982	10,804
Other expense, net	1,586	210
Total other expense, net	6,568	11,014
Earnings from equity method investment	1,309	37
Loss before income taxes	(7,332)	(17,296)
Income tax expense (benefit)	532	(2,928)
Net loss	$ (7,864)	$ (14,368)
Net loss per share attributable to common stockholders:
Basic	$ (0.07)	$ (0.13)
Diluted	$ (0.07)	$ (0.13)
Weighted-average common shares outstanding - basic and diluted
Basic	115,038,929	112,102,198
Diluted	115,038,929	112,102,198

SWIM Balance Sheet

2024-03-30

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 30, 2024	Dec. 31, 2023
Current assets:
Cash	$ 43,811	$ 102,763
Trade receivables, net	73,944	30,407
Inventories, net	95,151	97,137
Income tax receivable	1,411	983
Prepaid expenses and other current assets	6,996	7,327
Total current assets	221,313	238,617
Property and equipment, net	112,795	113,014
Equity method investment	26,341	25,940
Deferred tax assets	7,310	7,485
Operating lease right-of-use assets	28,696	30,788
Goodwill	130,987	131,363
Intangible assets, net	275,876	282,793
Other assets	5,294	5,003
Total assets	808,612	835,003
Current liabilities:
Current maturities of long-term debt	3,250	21,250
Current operating lease liabilities	6,823	7,133
Accrued expenses and other current liabilities	35,781	40,691
Total current liabilities	70,876	86,206
Long-term debt, net of discount, debt issuance costs, and current portion	279,531	279,951
Deferred income tax liabilities, net	40,088	40,088
Non-current operating lease liabilities	22,963	24,787
Other long-term liabilities	3,386	4,771
Total liabilities	416,844	435,803
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.0001 par value; 100,000,000 shares authorized as of both March 30, 2024 and December 31, 2023; no shares issued and outstanding as of both March 30, 2024 and December 31, 2023
Common stock, $0.0001 par value; 900,000,000 shares authorized as of March 30, 2024 and December 31, 2023; 115,389,689 and 114,871,782 shares issued and outstanding, as of March 30, 2024 and December 31, 2023, respectively	11	11
Additional paid-in capital	460,927	459,684
Accumulated deficit	(64,820)	(56,956)
Accumulated other comprehensive loss	(4,350)	(3,539)
Total stockholders' equity	391,768	399,200
Total liabilities and stockholders' equity	808,612	835,003
Related Party
Current liabilities:
Accounts payable		8
Nonrelated Party
Current liabilities:
Accounts payable	$ 25,022	$ 17,124

About Latham Group, Inc.

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.

CEO	Mr. Scott M. Rajeski
WEBSITE	lathampool.com
INDUSTRY	Communication Equipment
EMPLOYEES	2000

Latham Group, Inc. Frequently Asked Questions

What is the ticker symbol for Latham Group, Inc.? What does SWIM stand for in stocks?

SWIM is the stock ticker symbol of Latham Group, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Latham Group, Inc. (SWIM)?

As of Fri May 17 2024, market cap of Latham Group, Inc. is 447.27 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SWIM stock?

You can check SWIM's fair value in chart for subscribers.

What is the fair value of SWIM stock?

You can check SWIM's fair value in chart for subscribers. The fair value of Latham Group, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Latham Group, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SWIM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Latham Group, Inc. a good stock to buy?

The fair value guage provides a quick view whether SWIM is over valued or under valued. Whether Latham Group, Inc. is cheap or expensive depends on the assumptions which impact Latham Group, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SWIM.

What is Latham Group, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, SWIM's PE ratio (Price to Earnings) is 108.67 and Price to Sales (PS) ratio is 0.83. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SWIM PE ratio will change depending on the future growth rate expectations of investors.