Q1 EPS Estimates for Latham Group Reduced by William Blair

Latham Group, Inc. (NASDAQ:SWIM) – Equities research analysts at William Blair dropped their Q1 2025 earnings per share estimates for shares of Latham Group in a research note issued on Wednesday, March 5th. William Blair analyst R. Merkel now anticipates that the company will earn ($0.06) per share for the quarter, down from their previous 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.

Other equities analysts have also recently issued reports about the company. Craig Hallum started coverage on Latham Group in a report on Monday, December 9th. They issued a “buy” rating and a $10.00 target price on the stock. Stifel Nicolaus lifted their target price on Latham Group from $7.70 to $8.80 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Finally, Robert W. Baird set a $8.50 price objective on Latham Group in a research note on Wednesday, March 5th. Two 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’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $6.82.

Latham Group Stock Performance

Shares of SWIM opened at $7.26 on Monday. The business’s fifty day simple moving average is $6.73 and its two-hundred day simple moving average is $6.62. The company has a market cap of $840.54 million, a price-to-earnings ratio of 80.68 and a beta of 1.84. The company has a current ratio of 2.44, a quick ratio of 1.60 and a debt-to-equity ratio of 0.67. Latham Group has a 12 month low of $2.38 and a 12 month high of $8.41.

Hedge Funds Weigh In On Latham Group

Institutional investors have recently modified their holdings of the business. Principal Financial Group Inc. purchased a new stake in shares of Latham Group during the 3rd quarter worth $697,000. Los Angeles Capital Management LLC lifted its position in shares of Latham Group by 32.1% during the 3rd quarter. Los Angeles Capital Management LLC now owns 200,177 shares of the company’s stock worth $1,361,000 after purchasing an additional 48,630 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Latham Group by 22.8% during the 3rd quarter. Empowered Funds LLC now owns 358,927 shares of the company’s stock worth $2,441,000 after purchasing an additional 66,647 shares during the last quarter. Natixis Advisors LLC purchased a new stake in shares of Latham Group during the 3rd quarter worth $350,000. Finally, Thrivent Financial for Lutherans purchased a new stake in shares of Latham Group during the 3rd quarter worth $635,000. Institutional investors and hedge funds own 83.95% of the company’s stock.

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.