Latham Group (SWIM) Projected to Post 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 issuing its Q2 2025 quarterly earnings data after the market closes on Tuesday, August 5th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $173.51 million for the quarter.

Latham Group Stock Performance

Shares of Latham Group stock traded down $0.06 on Friday, reaching $6.72. 846,376 shares of the company traded hands, compared to its average volume of 619,641. The company has a 50 day moving average of $6.31 and a 200 day moving average of $6.30. The firm has a market capitalization of $781.99 million, a PE ratio of -48.00 and a beta of 1.72. Latham Group has a 52 week low of $3.08 and a 52 week high of $8.41. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.55 and a quick ratio of 1.50.

Insider Transactions at Latham Group

In other Latham Group news, Director James E. Cline sold 4,417 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $6.45, for a total value of $28,489.65. Following the sale, the director directly owned 189,251 shares in the company, valued at $1,220,668.95. This represents a 2.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 8.60% of the stock is owned by corporate insiders.

Institutional Trading of Latham Group

A hedge fund recently raised its stake in Latham Group stock. Empowered Funds LLC boosted its position in Latham Group, Inc. (NASDAQ:SWIM - Free Report) by 7.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 405,207 shares of the company's stock after purchasing an additional 27,916 shares during the quarter. Empowered Funds LLC owned about 0.35% of Latham Group worth $2,605,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 83.95% of the company's stock.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised their price objective on shares of Latham Group from $4.00 to $4.50 and gave the stock a "sell" rating in a report on Thursday, May 8th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $7.56.

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.