Last Updated: 10 Nov 2024
Executive Summary
Latham Group Inc. (SWIM) is a leading designer, manufacturer, and marketer of residential inground swimming pools. The company has a strong financial position with a market capitalization of $675.25 million, EBITDA of $65.54 million, and EPS of $0.10. Latham Group has a trailing PE ratio of 58.4 and a price-to-sales ratio of 1.319. The company's 52-week high is $7.33, and its 52-week low is $2.09. The latest stock price is $5.84.
Company Overview
Latham Group Inc. was founded in 1956 and is headquartered in Latham, New York. The company designs, manufactures, and markets a variety of residential inground swimming pools, including fiberglass, vinyl-lined, and concrete pools. Latham Group also offers a range of pool accessories, such as pool covers, pumps, and filters. The company's products are sold through a network of distributors and dealers throughout the United States and Canada.
Fundamental Analysis
Latham Group has a strong financial position with a market capitalization of $675.25 million, EBITDA of $65.54 million, and EPS of $0.10. The company's trailing PE ratio is 58.4, and its price-to-sales ratio is 1.319. Latham Group's financial performance has been relatively stable in recent years, with revenue and earnings growing at a modest pace. The company's gross profit margin is 42.3%, and its operating margin is 8.9%.
Technical Analysis
Latham Group's stock price has been trading in a range between $5.00 and $7.00 for the past year. The stock price is currently trading near the middle of this range. The 50-day moving average is $6.49, and the 200-day moving average is $4.264. The relative strength index (RSI) is 52.2, which indicates that the stock is neither overbought nor oversold.
Short Term Outlook
The short-term outlook for Latham Group is neutral. The stock price is trading in a range, and there are no clear technical signals to indicate a breakout in either direction. The company's financial performance is expected to remain stable in the short term.
Long Term Outlook
The long-term outlook for Latham Group is positive. The company is a leader in the residential inground swimming pool market, and it has a strong financial position. The company's products are in high demand, and the company is expected to continue to grow its revenue and earnings in the long term.
Analyst Recommendations
Analysts have a mixed opinion on Latham Group. Four analysts have a strong buy rating on the stock, one analyst has a buy rating, one analyst has a hold rating, and two analysts have a sell rating. The average analyst target price is $6.23.
