Stock Ideas
New
StocksFundsScreenerSectorsWatchlists
SWIM

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

2.48USD-0.32 (-11.43%)Market Closed

Market Summary

SWIM
USD2.48-0.32
Market Closed
-11.43%

SWIM Stock Price

View Fullscreen

SWIM RSI Chart

SWIM Valuation

Market Cap

286.2M

Price/Earnings (Trailing)

-119.83

Price/Sales (Trailing)

0.51

EV/EBITDA

2.98

Price/Free Cashflow

3.44

SWIM Price/Sales (Trailing)

SWIM Profitability

Operating Margin

27.00%

EBT Margin

-1.78%

Return on Equity

-0.6%

Return on Assets

-0.29%

Free Cashflow Yield

29.07%

SWIM Fundamentals

SWIM Revenue

Revenue (TTM)

566.5M

Rev. Growth (Yr)

-15.8%

Rev. Growth (Qtr)

-43.48%

SWIM Earnings

Earnings (TTM)

-2.4M

Earnings Growth (Yr)

100.59%

Earnings Growth (Qtr)

-98.18%

Breaking Down SWIM Revenue

Last 7 days

-21.3%

Last 30 days

-34.2%

Last 90 days

-2.7%

Trailing 12 Months

3.8%

How does SWIM drawdown profile look like?

SWIM Financial Health

Current Ratio

2.77

SWIM Investor Care

Buy Backs (1Y)

2.02%

Diluted EPS (TTM)

-0.03

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023641.8M612.2M583.5M566.5M
2022673.3M699.2M726.7M695.7M
2021501.0M569.1M603.5M630.5M
2020339.3M360.7M382.0M403.4M
2019000318.0M
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

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>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
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
Try For Just $1.99

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

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 15, 2024
sheller patrick m
acquired
-
-
135,732
general counsel & secretary
Mar 15, 2024
gloe oliver c.
acquired
-
-
153,659
chief financial officer
Mar 15, 2024
gloe oliver c.
bought
80,300
2.92
27,500
chief financial officer
Mar 15, 2024
rajeski scott michael
acquired
-
-
283,537
chief executive officer
Mar 15, 2024
kunchala suraj
acquired
-
-
23,988
vice president & controller
Mar 15, 2024
cowley joshua d.
acquired
-
-
191,707
chief commercial officer
Mar 15, 2024
bahl sanjeev
acquired
-
-
136,098
chief operating officer
Mar 15, 2024
dhruv kaushal bhikhesh
acquired
-
-
71,951
cio & ciso
Mar 04, 2024
cowley joshua d.
sold
-44,682
3.05
-14,650
chief commercial officer
Mar 04, 2024
dhruv kaushal bhikhesh
sold
-19,919
3.05
-6,531
chief information officer

1–10 of 50

Which funds bought or sold SWIM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 30, 2024
Avior Wealth Management, LLC
new
-
47.00
47.00
-%
Apr 29, 2024
COMMONWEALTH EQUITY SERVICES, LLC
sold off
-100
-29,000
-
-%
Apr 29, 2024
BENJAMIN F. EDWARDS & COMPANY, INC.
new
-
-
-
-%
Apr 26, 2024
SYSTM Wealth Solutions LLC
sold off
-100
-10,137
-
-%
Apr 25, 2024
Bank of New York Mellon Corp
reduced
-5.81
202,389
686,256
-%
Apr 25, 2024
Allworth Financial LP
new
-
789
789
-%
Apr 25, 2024
SIMPLEX TRADING, LLC
new
-
12,000
12,000
-%
Apr 25, 2024
NATIXIS ADVISORS, L.P.
reduced
-92.73
-2,054,000
252,000
-%
Apr 23, 2024
AMALGAMATED BANK
reduced
-57.45
-4,000
6,000
-%
Apr 05, 2024
CWM, LLC
new
-
-
-
-%

1–10 of 43

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Mar 22, 2024
ARS
ARS
Mar 22, 2024
DEF 14A
DEF 14A
Mar 22, 2024
DEFA14A
DEFA14A
Mar 19, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading

Peers (Alternatives to Latham Group, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
55.0B
23.0B
6.43% 46.74%
41.02
2.39
9.35% -48.07%
22.5B
17.1B
-10.28% 93.58%
14.59
1.31
-24.77% -43.97%
20.0B
5.5B
-10.56% 33.24%
27.58
3.65
8.06% 32.52%
18.3B
4.8B
-2.18% 81.81%
21.38
3.86
-11.35% 3.11%
12.5B
4.1B
-13.12% 28.98%
22.85
3.02
6.67% 16.79%
MID-CAP
7.7B
1.2B
7.13% 44.05%
43.29
6.58
31.47% 76.96%
7.6B
3.9B
-7.21% 54.73%
20.06
1.97
-6.35% -0.40%
6.4B
3.5B
-9.60% 38.62%
9.83
1.85
-10.84% -25.77%
3.6B
1.6B
-5.22% 9.77%
28.03
2.31
-16.80% -35.75%
1.6B
891.3M
-33.14% -73.22%
-1.15
1.77
27.07% -89.06%
SMALL-CAP
1.4B
1.4B
6.58% 49.38%
13.89
0.98
-1.65% -4.32%
491.5M
130.3M
-7.34% 32.61%
7.33
3.77
54.06% 153.62%
451.9M
1.8B
-12.34% 7.94%
-20.73
0.25
-5.89% -65.15%
406.7M
103.0M
-25.00% -57.35%
-4.45
3.95
-24.12% 24.29%
68.9M
61.2M
-4.75% 49.13%
16.44
1.13
-1.21% 27.64%

Latham Group, Inc. News

Latest updates
Yahoo Finance • 28 Apr 2024 • 01:02 pm
Markets Insider • 13 Mar 2024 • 07:00 am
Zacks Investment Research • 13 Mar 2024 • 07:00 am
Pool Magazine • 13 Mar 2024 • 07:00 am
Simply Wall St • 03 Mar 2024 • 08:00 am

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

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Revenue-43.5%91.0016117713810818920719213916218114911212811351.00-
Cost Of Revenue-38.1%70.0011312710489.0013113912196.0011112396.0074.0077.0068.0041.00-
Gross Profit-56.0%21.0048.0050.0033.0019.0059.0068.0071.0042.0051.0058.0052.0038.0050.0044.0010.00-
  S&GA Expenses0.7%24.0023.0030.0033.0033.0027.0042.0045.0047.0048.0095.0027.0035.0020.0015.0015.00-
EBITDA Margin32.0%0.11*0.08*0.09*0.09*0.10*0.10*0.07*-0.02*0.00*0.02*0.06*0.21*0.16*----
Interest Expenses61.3%10.006.004.0011.007.004.003.002.004.004.008.009.006.002.006.004.00-
Income Taxes-344.0%-16.317.005.00-2.93-5.989.0011.005.00-7.098.005.003.00-1.476.005.00-3.02-
Earnings Before Taxes-226.2%-16.2013.0011.00-17.30-25.0221.0015.002.00-13.08-3.49-48.3811.00-4.1924.0022.00-18.47-
EBT Margin45.1%-0.02*-0.03*-0.02*-0.01*0.02*0.04*0.00*-0.09*-0.08*-0.07*-0.03*0.11*0.06*----
Net Income-98.2%0.006.006.00-14.37-19.0312.004.00-2.84-5.99-11.30-53.609.00-2.7218.0016.00-15.45-
Net Income Margin88.6%0.00*-0.04*-0.03*-0.03*-0.01*0.01*-0.02*-0.11*-0.10*-0.10*-0.05*0.08*0.04*----
Free Cashflow-50.3%23.0047.0037.00-24.4216.008.0032.00-64.13-1.479.0047.00-45.652.00----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42019Q4
Assets-3.5%835865871930870921909915794734719675647526
  Current Assets-9.5%239264262319255314307313229264243195167128
    Cash Equivalents31.6%10378.0043.0055.0033.0031.0025.0019.0044.0091.0077.0020.0059.0057.00
  Inventory-5.9%97.0010312715016516616214011081.0074.0074.0065.0036.00
  Net PPE2.4%11311011110598.0084.0075.0068.0064.0059.0056.0051.0047.0038.00
  Goodwill0.4%131131131131131128129130129115116116116102
Liabilities-7.8%436473485555487522527535441398399560365332
  Current Liabilities-0.8%86.0087.0088.0010687.0011612412411511511211494.0050.00
    LT Debt, Current553.8%21.003.003.003.003.003.003.003.0017.0014.0014.0023.0013.007.00
Shareholder's Equity1.7%399393386375383398382380354335320115282194
  Retained Earnings0.2%-56.96-57.07-63.22-68.94-54.57-35.53-47.41-51.71-48.58-42.60-31.3022.0014.00-2.22
  Additional Paid-In Capital0.9%46045645344844143943243040237835092.00265196
Shares Outstanding0.1%115115115115115114114114111112109109--
Float---144---278---963---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Cashflow From Operations-45.5%28,24651,83450,765-14,47627,07320,32242,382-57,4684,26415,28855,185-41,0478,10444,81736,527-26,288-
  Share Based Compensation66.4%3,9172,3545,7646,76910,2197,06116,42916,92524,19727,60375,5111,464385978240224-
Cashflow From Investing29.6%-3,453-4,908-13,423-9,942-15,656-12,251-10,445-6,666-96,239877-8,235-4,608-106,688-2,912-3,416-2,789-
Cashflow From Financing90.9%-1,001-10,990-48,97047,086-8,851-812-25,81339,25145,695-3,55811,7986,08381,813-22,509-9,6014,600-
  Buy Backs-----53815,00015,000257,663--216,70064,9386.00-176400-
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

SWIM Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Consolidated Statements of Operations   
Net sales$ 566,492$ 695,736$ 630,456
Cost of sales413,548479,267426,294
Gross profit152,944216,469204,162
Selling, general, and administrative expense110,296146,842217,775
Underwriting fees related to offering of common stock 11,437 
Amortization26,51928,18022,566
Income (loss) from operations16,12930,010(36,179)
Other expense:   
Interest expense, net30,91615,75324,433
Loss on extinguishment of debt 3,465 
Other (income) expense, net(1,004)1,301(4,860)
Total other expense, net29,91220,51919,573
Earnings from equity method investment3,7234,2302,222
(Loss) income before income taxes(10,060)13,721(53,530)
Income tax (benefit) expense(7,672)19,4158,818
Net loss$ (2,388)$ (5,694)$ (62,348)
Net loss per share attributable to common stockholders:   
Basic$ (0.02)$ (0.05)$ (0.56)
Diluted$ (0.02)$ (0.05)$ (0.56)
Weighted-average common shares outstanding - basic and diluted   
Basic112,899,586113,245,421110,644,366
Diluted112,899,586113,245,421110,644,366

SWIM Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash$ 102,763$ 32,626
Trade receivables, net30,40748,847
Inventories, net97,137165,220
Income tax receivable9832,316
Prepaid expenses and other current assets7,3275,998
Total current assets238,617255,007
Property and equipment, net113,01498,184
Equity method investment25,94025,095
Deferred tax assets7,4857,762
Operating lease right-of-use assets30,78838,308
Goodwill131,363131,383
Intangible assets, net282,793309,215
Other assets5,0034,729
Total assets835,003869,683
Current liabilities:  
Current maturities of long-term debt21,2503,250
Current operating lease liabilities7,1336,923
Accrued expenses and other current liabilities40,69150,885
Total current liabilities86,20686,865
Long-term debt, net of discount, debt issuance costs, and current portion279,951309,631
Deferred income tax liabilities, net40,08850,181
Liability for uncertain tax positions 7,123
Non-current operating lease liabilities24,78732,391
Other long-term liabilities4,771702
Total liabilities435,803486,893
Commitments and contingencies
Stockholders' equity:  
Preferred stock, $0.0001 par value; 100,000,000 shares authorized as of both December 31, 2023 and December 31, 2022; no shares issued and outstanding as of both December 31, 2023 and December 31, 202200
Common stock, $0.0001 par value; 900,000,000 shares authorized as of December 31, 2023 and December 31, 2022; 114,871,782 and 114,667,975 shares issued and outstanding, as of December 31, 2023 and December 31, 2022, respectively1111
Additional paid-in capital459,684440,880
Accumulated deficit(56,956)(54,568)
Accumulated other comprehensive loss(3,539)(3,533)
Total stockholders' equity399,200382,790
Total liabilities and stockholders' equity835,003869,683
Related Party  
Current liabilities:  
Accounts payable8358
Nonrelated Party  
Current liabilities:  
Accounts payable$ 17,124$ 25,449
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.
 CEO
 WEBSITElathampool.com
 INDUSTRYCommunication Equipment
 EMPLOYEES2000

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 Wed May 01 2024, market cap of Latham Group, Inc. is 286.16 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 Wed May 01 2024, SWIM's PE ratio (Price to Earnings) is -119.83 and Price to Sales (PS) ratio is 0.51. 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.