Goldman downgraded Latham Group from Neutral to Sell and set a new price target of $5.50 from $8.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/18/2024 | $3.00 → $4.00 | Hold → Buy | Stifel |
| 3/13/2024 | $4.50 → $2.60 | Buy → Underperform | BofA Securities |
| 12/14/2022 | $7.00 → $5.00 | Overweight → Equal Weight | Barclays |
| 12/13/2022 | $3.00 | Hold | Stifel |
| 7/13/2022 | $8.00 → $5.50 | Neutral → Sell | Goldman |
| 3/11/2022 | $26.00 → $22.00 | Overweight | Barclays |
| 3/11/2022 | $27.00 → $21.00 | Overweight | Keybanc |
| 3/1/2022 | $25.00 → $21.00 | Equal-Weight | Morgan Stanley |
SC 13G/A - Latham Group, Inc. (0001833197) (Subject)
SC 13G/A - Latham Group, Inc. (0001833197) (Subject)
SC 13G/A - Latham Group, Inc. (0001833197) (Subject)
8-K - Latham Group, Inc. (0001833197) (Filer)
10-Q - Latham Group, Inc. (0001833197) (Filer)
8-K - Latham Group, Inc. (0001833197) (Filer)
4 - Latham Group, Inc. (0001833197) (Issuer)
4 - Latham Group, Inc. (0001833197) (Issuer)
4 - Latham Group, Inc. (0001833197) (Issuer)
4 - Latham Group, Inc. (0001833197) (Issuer)
4 - Latham Group, Inc. (0001833197) (Issuer)
Stifel upgraded Latham Group from Hold to Buy and set a new price target of $4.00 from $3.00 previously
BofA Securities downgraded Latham Group from Buy to Underperform and set a new price target of $2.60 from $4.50 previously
Barclays downgraded Latham Group from Overweight to Equal Weight and set a new price target of $5.00 from $7.00 previously
In-Ground Pool Market in Line with ExpectationsLatham Fiberglass Pool Sales Continue to Show Relative StrengthLean Manufacturing, Value Engineering Initiatives and Improved Procurement Drive Meaningful Cost ReductionsNarrows Full Year 2024 Net Sales and Adjusted EBITDA Guidance Ranges Third Quarter 2024 Financial Highlights: Net sales of $150.5 millionNet income of $5.9 million / Earnings per diluted share of $0.05Adjusted EBITDA of $29.8 million / 19.8% of Net sales Nine Months 2024 Financial Highlights: Net sales of $421.2 millionNet income of $11.3 million / Earnings per diluted share of $0.10Adjusted EBITDA of $76.6 million / 18.2% of Net sales LATHAM, N.Y., Nov. 05, 2024 (GLOBE
LATHAM, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc. ("Latham" or "the Company"), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that it will release financial results for the third quarter 2024 on Tuesday, November 5, 2024, after the close of the U.S. market. The Company will hold a conference call to discuss the results that same day at 4:30 PM Eastern Time. We encourage participants to pre-register for the conference call by visiting https://dpregister.com/sreg/10193423/fdacb128cb. Callers who pre-register will be sent a confirmation email including a conference passcod
Year-on-Year Net Income Margin Expanded by 500 Basis Points; Adjusted EBITDA Margin Expansion of 400 Basis Points in the Second Quarter Driven by Improved Cost Structure and Production EfficienciesSecond Quarter Operating Cash Flow Reached $52 Million Increasing Full Year 2024 Net Sales and Adjusted EBITDA Guidance by $5 million and $15 Million, Respectively Latham Announces Acquisition of Coverstar Central Acquisition Positions Latham to Drive Product Line Sales Growth and Adoption of Automatic Safety Covers and Provides Opportunities to Further Advance Fiberglass Conversion Strategy Vertical Integration Expected to Increase MarginsTransaction is Expected to be Immediately Accretive to Ea
LATHAM, N.Y., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Imagine never having to A-B a pool for a new liner or safety cover ever again. Latham Group, Inc. (NYSE:SWIM) the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, announces the deployment of a firmware update to Measure by Latham Pools. Already proven effective for capturing safety cover measurements, this game-changing technology is now available for measuring vinyl pool liners with optimal accuracy and efficiency. "Measure by Latham brings pool liner and cover measuring into the digital age," said Scott Rajeski, president and CEO of Latham Pools. "Leveraging
LATHAM, N.Y. , Nov. 11, 2024 (GLOBE NEWSWIRE) -- At this week's International Pool, Spa, & Patio Expo (IPSPE) in Dallas, Latham Group, Inc. (NYSE:SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, will unveil a new line of plunge pools designed to bring leisure and luxury to backyards of any size. From the only brand to offer both fiberglass and vinyl liner options, the curated collection includes six designs perfect for homeowners seeking a sleek, elegant pool that fits seamlessly into any outdoor space. "Latham Plunge Pools add a touch of luxury and sophistication to an adult backyard lifestyle,"
LATHAM, N.Y., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc., the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that Scott Rajeski, President and Chief Executive Officer, and Oliver Gloe, Chief Financial Officer, will participate in the Baird 2024 Global Industrial Conference on Wednesday, November 13. Latham's management team will host a fireside chat at 12:00pm CT and will also host investor meetings throughout the day. This event will take place at the Ritz-Carlton Chicago in Chicago, IL. About Latham Group, Inc.Latham Group, Inc., headquartered in Latham, NY, is the largest desig
Barclays analyst Matthew Bouley maintains Latham Group (NASDAQ:SWIM) with a Equal-Weight and lowers the price target from $4 to $3.
Latham Group (NASDAQ:SWIM) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 2 1 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 0 0 1 1 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $3.27, a high estimate of $4.00, and a low estimate of $2.50. Marking an increase of 0.62%, the current average sur
LATHAM, N.Y., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc., (NASDAQ:SWIM), the largest designer, manufacturer, and marketer of in-ground residential pools in North America, Australia, and New Zealand, today announced the appointment of seasoned financial executive Frank J. Dellaquila as a new independent member of its Board of Directors and Chair of the Company's Audit Committee, effective immediately. Mr. Dellaquila is replacing Robert D. Evans who resigned from the Board. Mr. Dellaquila served as Chief Financial Officer of Emerson Electric Co. (NYSE:EMR) from 2009 until his retirement in 2023 and was named Executive Vice President in 2012 and Senior Executive Vice President in 2
LATHAM, N.Y., July 16, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc. (NASDAQ:SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that it has named Nikki Vaughan as Chief Human Resources Officer. Ms. Vaughan will lead Latham's human resources organization, responsible for aligning Latham's talent strategy with the company's strategic business objectives. Over her 25-year career, Ms. Vaughan has served in a variety of human resources leadership roles with a demonstrated track-record of developing organizational and talent strategies. Most recently, she served as Chief People Officer at Se
Latham Group, Inc. ("Latham" or "the Company") (NASDAQ:SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia and New Zealand, today announced it has appointed AdvisIRy Partners as its new investor relations and communications firm. President and Chief Executive Officer, Scott Rajeski, commented, "Latham Group is a market leader in fiberglass pools, which are cost effective, easy to install, and more eco-friendly than concrete pools. As we move forward with several key initiatives to capture greater share of our addressable market, we are pleased to bring AdvisIRy Partners on board to help us communicate our investment s