Latham Group (SWIM) Expected to Announce Earnings on Tuesday

Key Points

• Latham Group is set to announce its Q2 2025 earnings on August 5th, with analysts expecting earnings of $0.13 per share and revenue of $173.51 million.
• Insider selling has been noted, with Director James E. Cline selling 45,583 shares at an average price of $5.95, reducing their stake by 19.05%.
• Goldman Sachs has raised its price target for Latham Group from $4.00 to $4.50, while the stock has an average price target of $7.56, indicating a "hold" rating from analysts.

Latham Group (NASDAQ:SWIM - Get Free Report) is expected to be releasing its Q2 2025 earnings data after the market closes on Tuesday, August 5th. Analysts expect Latham Group to post earnings of $0.13 per share and revenue of $173.51 million for the quarter.

Latham Group Trading Down 0.6%

NASDAQ:SWIM opened at $6.84 on Tuesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.55 and a quick ratio of 1.50. The firm has a market capitalization of $795.97 million, a price-to-earnings ratio of -48.85 and a beta of 1.72. Latham Group has a one year low of $3.08 and a one year high of $8.41. The business has a fifty day moving average price of $6.26 and a 200-day moving average price of $6.29.

Insider Buying and Selling at Latham Group

In related news, Director James E. Cline sold 45,583 shares of the stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $5.95, for a total value of $271,218.85. Following the completion of the transaction, the director owned 193,668 shares of the company's stock, valued at approximately $1,152,324.60. This trade represents a 19.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 6.85% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Latham Group stock. Empowered Funds LLC boosted its position in Latham Group, Inc. (NASDAQ:SWIM - Free Report) by 7.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 405,207 shares of the company's stock after purchasing an additional 27,916 shares during the period. Empowered Funds LLC owned approximately 0.35% of Latham Group worth $2,605,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 83.95% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upped their price objective on Latham Group from $4.00 to $4.50 and gave the stock a "sell" rating in a research note on Thursday, May 8th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, Latham Group has an average rating of "Hold" and an average price target of $7.56.

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.

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