Q1 EPS Estimates for Latham Group Decreased by William Blair

Latham Group, Inc. (NASDAQ:SWIM - Free Report) - William Blair dropped their Q1 2025 EPS estimates for Latham Group in a report released on Wednesday, March 5th. William Blair analyst R. Merkel now anticipates that the company will post earnings per share of ($0.06) for the quarter, down from their prior forecast of ($0.05). The consensus estimate for Latham Group's current full-year earnings is ($0.04) per share. William Blair also issued estimates for Latham Group's Q2 2025 earnings at $0.12 EPS, Q3 2025 earnings at $0.08 EPS, FY2025 earnings at $0.03 EPS and FY2026 earnings at $0.14 EPS.

A number of other analysts have also commented on the company. Stifel Nicolaus lifted their price objective on Latham Group from $7.70 to $8.80 and gave the stock a "buy" rating in a research report on Wednesday, December 11th. Craig Hallum started coverage on shares of Latham Group in a research note on Monday, December 9th. They issued a "buy" rating and a $10.00 target price on the stock. Finally, Robert W. Baird set a $8.50 price target on shares of Latham Group in a research note on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $6.82.

Latham Group Trading Down 5.2 %

Shares of NASDAQ SWIM traded down $0.38 during midday trading on Monday, hitting $6.83. The stock had a trading volume of 568,388 shares, compared to its average volume of 627,797. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.44 and a quick ratio of 1.60. Latham Group has a fifty-two week low of $2.38 and a fifty-two week high of $8.41. The firm has a market cap of $791.22 million, a P/E ratio of 75.94 and a beta of 1.84. The company's 50-day simple moving average is $6.73 and its 200 day simple moving average is $6.63.

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Institutional Investors Weigh In On Latham Group

Large investors have recently bought and sold shares of the company. Pamplona Capital Management LLC bought a new position in Latham Group during the fourth quarter worth about $360,846,000. Wynnchurch Capital Partners IV L.P. acquired a new stake in shares of Latham Group during the fourth quarter worth about $104,287,000. Voss Capital LP lifted its holdings in shares of Latham Group by 29.1% during the 4th quarter. Voss Capital LP now owns 5,164,178 shares of the company's stock valued at $35,943,000 after purchasing an additional 1,163,329 shares in the last quarter. Wasatch Advisors LP acquired a new position in shares of Latham Group in the 4th quarter valued at approximately $17,408,000. Finally, Dimensional Fund Advisors LP increased its stake in Latham Group by 28.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,094,992 shares of the company's stock worth $14,580,000 after purchasing an additional 458,604 shares in the last quarter. Institutional investors own 83.95% of the company's stock.

About Latham Group

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.