Latham Group (NASDAQ:SWIM) Issues Earnings Results, Misses Expectations By $0.05 EPS

Posted by George Bondi on Aug 4th, 2026

Latham Group (NASDAQ:SWIM – Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.05), FiscalAI reports. Latham Group had a return on equity of 2.13% and a net margin of 1.55%.The company had revenue of $197.47 million for the quarter, compared to analyst estimates of $188.39 million.

Latham Group Stock Up 1.1%

Shares of Latham Group stock traded up $0.06 during trading hours on Tuesday, hitting $5.70. The company had a trading volume of 1,012,193 shares, compared to its average volume of 842,975. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.88 and a quick ratio of 1.16. The company’s 50-day moving average is $5.76 and its two-hundred day moving average is $5.94. The company has a market cap of $669.24 million, a P/E ratio of 81.43, a price-to-earnings-growth ratio of 0.92 and a beta of 1.65. Latham Group has a twelve month low of $4.64 and a twelve month high of $8.97.

Insiders Place Their Bets

In other news, Director James E. Cline acquired 50,000 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The stock was acquired at an average cost of $4.84 per share, with a total value of $242,000.00. Following the completion of the acquisition, the director owned 100,000 shares of the company’s stock, valued at $484,000. The trade was a 100.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Oliver C. Gloe bought 15,050 shares of the stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average price of $4.90 per share, for a total transaction of $73,745.00. Following the completion of the transaction, the chief financial officer owned 540,758 shares of the company’s stock, valued at approximately $2,649,714.20. The trade was a 2.86% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 3.32% of the stock is owned by insiders.

Institutional Trading of Latham Group

Several institutional investors and hedge funds have recently bought and sold shares of the business. BNP Paribas Financial Markets increased its stake in Latham Group by 83.9% in the second quarter. BNP Paribas Financial Markets now owns 4,211 shares of the company’s stock valued at $27,000 after purchasing an additional 1,921 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Latham Group during the second quarter worth about $29,000. State of Wyoming purchased a new stake in Latham Group during the 4th quarter valued at approximately $55,000. Kemnay Advisory Services Inc. purchased a new stake in Latham Group during the 4th quarter valued at approximately $60,000. Finally, O Shaughnessy Asset Management LLC acquired a new stake in Latham Group during the 4th quarter worth approximately $64,000. Hedge funds and other institutional investors own 83.95% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on SWIM shares. Wall Street Zen downgraded Latham Group from a “buy” rating to a “hold” rating in a research report on Sunday, April 12th. Weiss Ratings raised shares of Latham Group from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 7th. Barclays decreased their target price on Latham Group from $8.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 8th. The Goldman Sachs Group reiterated a “sell” rating on shares of Latham Group in a research note on Wednesday, May 6th. Finally, Bank of America lowered their target price on Latham Group from $7.00 to $6.00 and set an “underperform” rating for the company in a research note on Monday, April 20th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $7.50.

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About Latham Group

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Latham Group, Inc designs, manufactures and supplies a broad range of aquatic products and services for residential and commercial applications. Offerings include fiberglass and vinyl-liner pool shells, commercial water park structures, water slides, surf simulators, pumps, filters, heaters and sanitation systems. The company also provides parts, equipment and technical support for pool installation, maintenance and repair.

Operating across three core segments—commercial, residential and aftermarket—Latham delivers turnkey aquatic facilities and attractions for municipal, hospitality and resort clients, offers packaged pool kits and equipment packages to builders and dealers, and supplies replacement parts, service contracts and technical assistance to support ongoing pool operations.

Headquartered in the United States, Latham Group maintains manufacturing and distribution centers throughout North America and Europe.