Latham Group (SWIM) Projected to Post Quarterly Earnings on Tuesday

Latham Group (NASDAQ:SWIM) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Tuesday, May 6th. Analysts expect Latham Group to post earnings of ($0.04) per share and revenue of $110.93 million for the quarter.

Latham Group Trading Down 0.7 %

Shares of SWIM stock opened at $5.52 on Tuesday. Latham Group has a 12-month low of $2.38 and a 12-month high of $8.41. The firm has a 50-day moving average price of $6.07 and a 200 day moving average price of $6.50. The company has a market capitalization of $639.09 million, a P/E ratio of 61.34 and a beta of 1.70. The company has a quick ratio of 1.60, a current ratio of 2.44 and a debt-to-equity ratio of 0.67.

Insider Activity

In other Latham Group news, major shareholder Wc Partners Executive Iv, L.P. sold 105,250 shares of the business’s stock in a transaction on Friday, March 14th. The stock was sold at an average price of $6.54, for a total value of $688,335.00. Following the sale, the insider now directly owns 332,818 shares in the company, valued at $2,176,629.72. The trade was a 24.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 8.60% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Separately, Robert W. Baird set a $8.50 price target on Latham Group in a report on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $7.66.

Latham Group Company Profile

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, Radiant, and GLI brand names.