Latham Group Stock Today

SWIM Stock  USD 7.48  0.02  0.27%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 46

 
High
 
Low
About Average
Latham is selling at 7.48 as of the 30th of January 2025; that is 0.27 percent increase since the beginning of the trading day. The stock's lowest day price was 7.4. Latham has 46 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. The performance scores are derived for the period starting the 31st of December 2024 and ending today, the 30th of January 2025. Click here to learn more.
Business Domain
Capital Goods
IPO Date
23rd of April 2021
Category
Industrials
Latham Group, Inc. designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. Latham Group, Inc. was incorporated in 2018 and is headquartered in Latham, New York. Latham operates under Building Products Equipment classification in the United States and is traded on NASDAQ Exchange. The company has 115.62 M outstanding shares of which 3.6 M shares are at this time shorted by private and institutional investors with about 6.44 trading days to cover. More on Latham Group

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Latham Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEOScott Rajeski
Thematic IdeaRubber and Plastic Products (View all Themes)
Old NameLyxor $ Floating Rate Note UCITS ETF - D-USD
Business ConcentrationIndustrial Machinery & Supplies & Components, Building Products & Equipment, Industrials, Nasdaq Benchmark Consumer, NASDAQ Composite, Rubber and Plastic Products, Industrials, Machinery, Building Products & Equipment, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.560.61
Significantly Down
Slightly volatile
Gross Profit Margin0.340.31
Significantly Up
Pretty Stable
Net Debt260.5 M269.5 M
Sufficiently Down
Slightly volatile
Total Current Liabilities95.1 M99.1 M
Sufficiently Down
Slightly volatile
Non Current Liabilities Total372.5 M402 M
Significantly Down
Slightly volatile
Total Assets807.7 M960.3 M
Fairly Down
Slightly volatile
Total Current Assets223.9 M274.4 M
Significantly Down
Slightly volatile
Total Cash From Operating Activities140.5 M133.8 M
Sufficiently Up
Slightly volatile
Debt Levels
Latham can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Latham's financial leverage. It provides some insight into what part of Latham's total assets is financed by creditors.
Liquidity
Latham Group currently holds 337.15 M in liabilities with Debt to Equity (D/E) ratio of 0.92, which is about average as compared to similar companies. Latham Group has a current ratio of 2.42, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Latham's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

100.44 Million
Latham Group (SWIM) is traded on NASDAQ Exchange in USA. It is located in 787 Watervliet Shaker Road, Latham, NY, United States, 12110 and employs 1,850 people. Latham is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 862.56 M. Latham Group conducts business under Machinery sector and is part of Industrials industry. The entity has 115.62 M outstanding shares of which 3.6 M shares are at this time shorted by private and institutional investors with about 6.44 trading days to cover. Latham Group currently holds about 25.22 M in cash with 116.37 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22.
Check Latham Probability Of Bankruptcy
Ownership Allocation
Latham Group maintains a total of 115.62 Million outstanding shares. The majority of Latham outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Latham Group to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Latham Group. Please pay attention to any change in the institutional holdings of Latham as this could imply that something significant has changed or is about to change at the company. Also note that almost three hundred fourty-six thousand eight hundred seventy-five invesors are currently shorting Latham expressing very little confidence in its future performance.
Check Latham Ownership Details

Latham Stock Institutional Holders

InstituionRecorded OnShares
Advantage Alpha Capital Partners, Lp2024-09-30
927.1 K
State Street Corp2024-09-30
790 K
Roubaix Capital, Llc2024-09-30
761.5 K
Bridgeway Capital Management, Llc2024-09-30
761.2 K
Amvescap Plc.2024-09-30
723.4 K
Renaissance Technologies Corp2024-09-30
688.8 K
Hillsdale Investment Management Inc.2024-09-30
621.6 K
American Century Companies Inc2024-09-30
598.4 K
Arrowstreet Capital Limited Partnership2024-09-30
500 K
Keybank National Association2024-09-30
4.1 M
Voss Capital Llc2024-09-30
M
View Latham Diagnostics

Latham Historical Income Statement

At this time, Latham's Selling General Administrative is very stable compared to the past year. As of the 30th of January 2025, Gross Profit is likely to grow to about 179.2 M, while Net Interest Income is likely to drop (26.3 M). View More Fundamentals

Latham Stock Against Markets

Latham Corporate Management

James BorsethStrategic AdvisorProfile
Joel CulpChief OfficerProfile
Oliver GloeChief OfficerProfile
Nikki MaczkoChief OfficerProfile
Lance DumontChief StaffProfile
Kaushal DhruvChief OfficerProfile
Joshua CowleyChief OfficerProfile
When determining whether Latham Group is a strong investment it is important to analyze Latham's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Latham's future performance. For an informed investment choice regarding Latham Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Latham Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Latham. If investors know Latham will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Latham listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.1
Revenue Per Share
4.455
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0162
Return On Equity
0.0282
The market value of Latham Group is measured differently than its book value, which is the value of Latham that is recorded on the company's balance sheet. Investors also form their own opinion of Latham's value that differs from its market value or its book value, called intrinsic value, which is Latham's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Latham's market value can be influenced by many factors that don't directly affect Latham's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Latham's value and its price as these two are different measures arrived at by different means. Investors typically determine if Latham is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Latham's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.