Latham Group (NASDAQ:SWIM) Reaches New 1-Year High After Better-Than-Expected Earnings

Latham Group, Inc. (NASDAQ:SWIM)’s stock price reached a new 52-week high on Wednesday after the company announced better than expected quarterly earnings. The stock traded as high as $8.97 and last traded at $7.86, with a volume of 1408746 shares traded. The stock had previously closed at $6.44.

The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.03. The firm had revenue of $99.95 million during the quarter, compared to the consensus estimate of $95.86 million. Latham Group had a negative return on equity of 2.80% and a negative net margin of 2.07%.

Latham Group News Summary

Here are the key news stories impacting Latham Group this week:

• Positive Sentiment: Stifel Nicolaus raised its price target to $9.50 and upgraded SWIM to a “buy”, signaling analyst confidence and adding buy-side momentum. Stifel Upgrade
• Positive Sentiment: Company reported Q4 results that beat expectations: EPS closer to break-even and revenue above consensus (Q4 net sales ~$100M vs est. ~$95.9M), with large adjusted EBITDA improvement and margin expansion—supports a re-rating for profitability. Zacks Q4 Coverage
• Positive Sentiment: Management issued FY2026 revenue guidance of $580M–$610M (above the consensus ~$569.8M) and expects mid-single-digit net sales growth and double-digit adjusted EBITDA growth at the midpoints—this top-line guidance is a key driver of optimism. Press Release & Guidance
• Positive Sentiment: Latham closed an acquisition of Freedom Pools (Australia/New Zealand), expanding its hybrid manufacturing/installation footprint in ANZ; management says the deal is immediately accretive, supporting international growth and margin leverage. Acquisition Announcement
• Positive Sentiment: Multiple outlets (Yahoo/UK, MarketBeat) noted the “impressive” Q4 and market reaction, reinforcing momentum and visibility with retail/institutional investors. Yahoo Coverage
• Neutral Sentiment: Full Q4 earnings call transcript and conference materials are available for detail on volume mix, pricing, and margin drivers—useful for modeling but not new catalysts by themselves. Earnings Call Transcript
• Negative Sentiment: Optimist Fund trimmed its SWIM stake (from 6% to 3%), which could add selling pressure or signal portfolio rebalancing concerns for some investors. Optimist Fund Trim

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Weiss Ratings restated a “sell (d)” rating on shares of Latham Group in a report on Monday, December 29th. Stifel Nicolaus upped their target price on shares of Latham Group from $8.75 to $9.50 and gave the company a “buy” rating in a research note on Wednesday. Finally, Barclays boosted their price objective on shares of Latham Group from $7.00 to $8.00 and gave the stock an “equal weight” rating in a report on Wednesday. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Latham Group presently has a consensus rating of “Reduce” and an average price target of $7.63.

Institutional Trading of Latham Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Rhumbline Advisers raised its stake in Latham Group by 2.7% during the second quarter. Rhumbline Advisers now owns 63,639 shares of the company’s stock valued at $406,000 after buying an additional 1,672 shares in the last quarter. Deutsche Bank AG increased its holdings in shares of Latham Group by 5.1% in the 4th quarter. Deutsche Bank AG now owns 35,682 shares of the company’s stock valued at $227,000 after acquiring an additional 1,721 shares during the last quarter. Squarepoint Ops LLC raised its position in shares of Latham Group by 5.5% during the 3rd quarter. Squarepoint Ops LLC now owns 35,978 shares of the company’s stock valued at $274,000 after acquiring an additional 1,873 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in Latham Group by 83.9% during the second quarter. BNP Paribas Financial Markets now owns 4,211 shares of the company’s stock worth $27,000 after purchasing an additional 1,921 shares during the last quarter. Finally, Arizona State Retirement System lifted its stake in Latham Group by 16.4% during the third quarter. Arizona State Retirement System now owns 13,765 shares of the company’s stock worth $105,000 after purchasing an additional 1,939 shares during the last quarter. 83.95% of the stock is owned by institutional investors.

Latham Group Trading Up 20.2%

The company has a debt-to-equity ratio of 0.68, a current ratio of 2.43 and a quick ratio of 1.72. The business’s fifty day simple moving average is $6.54 and its 200 day simple moving average is $7.05. The stock has a market cap of $902.95 million, a price-to-earnings ratio of -77.39 and a beta of 1.70.

About Latham Group

Latham Group, Inc designs, manufactures and supplies a broad range of aquatic products and services for residential and commercial applications. Offerings include fiberglass and vinyl-liner pool shells, commercial water park structures, water slides, surf simulators, pumps, filters, heaters and sanitation systems. The company also provides parts, equipment and technical support for pool installation, maintenance and repair.

Operating across three core segments—commercial, residential and aftermarket—Latham delivers turnkey aquatic facilities and attractions for municipal, hospitality and resort clients, offers packaged pool kits and equipment packages to builders and dealers, and supplies replacement parts, service contracts and technical assistance to support ongoing pool operations.

Headquartered in the United States, Latham Group maintains manufacturing and distribution centers throughout North America and Europe.