Stocks · Basic Materials · Construction Materials
Latham Group, Inc. SWIM
$6.41 +2.23% Close, Oct 2, 2026 · NASDAQ · Market cap $752.6M
Next earnings report: Nov 3, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Net debt is 3.1× EBITDA, a high level of leverage.
- Revenue over the last four quarters was $576.6M, up 10.5% from a year earlier, accelerating from 8.3% a quarter earlier.
- Over the past year the stock returned -12.9%, behind the S&P 500 by 28.0 percentage points.
PromtFinance scores
Each score is a percentile within the Basic Materials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 32%
- FCF growth (TTM, YoY)Top 7%
- Revenue growth, 3-year CAGRBottom 24%
- Revenue growth accelerationTop 45%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 38%
- Gross marginTop 34%
- Operating marginBottom 38%
- Cash conversion (OCF / net income)Top 8%
- Accruals (lower is better)Top 36%
- Net debt / EBITDA (lower is better)Bottom 29%
- Interest coverBottom 31%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 39%
- Free-cash-flow yieldTop 37%
- EBITDA / enterprise valueTop 37%
- Sales / enterprise valueTop 44%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 29%
- 6-month returnTop 15%
- 1-year return vs S&P 500Bottom 35%
- Distance from 52-week highTop 50%
- Trend checklist (0–4)Top 12%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 41%
- Consecutive EPS beatsBottom 21%
- Share of analysts rating BuyBottom 37%
- Upside to consensus price targetTop 24%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 17%
- Maximum drawdown, 3 yearsTop 32%
- Beta vs S&P 500 (lower is better)Bottom 30%
- Net debt / EBITDA (lower is better)Bottom 29%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 8.3% | 10.5% | ↑ |
| Gross margin | 32.0% | 33.4% | ↑ |
| Operating margin | 3.9% | 5.1% | ↑ |
| FCF margin | 2.3% | 6.4% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 10.5% | 8.3% | ↑ | Top 32% |
| Gross margin | 33.4% | 32.0% | ↑ | Top 34% |
| Operating margin | 5.1% | 3.9% | ↑ | Bottom 38% |
| Net margin | 0.9% | -2.5% | ↑ | — |
| Free-cash-flow margin | 6.4% | 2.3% | ↑ | — |
| Return on invested capital | 2.1% | — | Bottom 38% | |
| Revenue growth, 3-year CAGR | -7.8% | — | Bottom 24% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -7.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -3.2 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 3.11×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- -0.30%
- Shareholder yield
- -0.30%
- Share count change, 1 year
- +0.1%
- Share count change, 3-year CAGR
- +2.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 27, 2026 (filed Aug 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- +0.3%
- Average 2-day reaction, last 8
- +0.1%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $10.64
- Target vs current price
- +66.0%
- Analysts with a rating
- 8
- Share rating Buy or Strong Buy
- 50%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | -25.4% | +1.1% | +29.6% | +25.4% | — |
| May 5, 2026 | -20.0% | +1.0% | -7.4% | -8.3% | -7.2% |
| Mar 3, 2026 | +66.7% | -2.4% | -4.4% | -21.7% | -15.5% |
| Nov 4, 2025 | -20.0% | -1.0% | -7.4% | -2.6% | -13.5% |
| Aug 5, 2025 | +7.7% | +1.5% | +6.1% | +15.6% | +11.1% |
| May 6, 2025 | +40.0% | -1.6% | +9.9% | +0.5% | +11.7% |
| Mar 4, 2025 | -124.8% | -0.9% | +27.9% | +16.7% | +4.4% |
| Nov 5, 2024 | +14.3% | +3.1% | -9.9% | +6.7% | +10.3% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | $0.12 | $0.16 | -25.4% | $197.5M |
| May 5, 2026 | -$0.06 | -$0.05 | -20.0% | $117.3M |
| Mar 3, 2026 | -$0.03 | -$0.09 | +66.7% | $100.0M |
| Nov 4, 2025 | $0.08 | $0.10 | -20.0% | $161.9M |
| Aug 5, 2025 | $0.14 | $0.13 | +7.7% | $172.6M |
| May 6, 2025 | -$0.03 | -$0.05 | +40.0% | $111.4M |
| Mar 4, 2025 | -$0.20 | -$0.09 | -124.8% | $87.3M |
| Nov 5, 2024 | $0.08 | $0.07 | +14.3% | $150.5M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 137.6× | — | — | Bottom 39% |
| P/E (forward) | 35.9× | — | — | — |
| EV / EBITDA | 11.9× | — | — | Top 37% |
| EV / Sales | 1.77× | — | — | Top 44% |
| Free-cash-flow yield | 4.92% | — | — | Top 37% |
| Earnings yield | 0.73% | — | — | Bottom 39% |
P/E over the past five years
Range 48.4× – 156.7× since Oct 1, 2022. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 3
- 50-day average slope (20 days)
- +1.9%
- 200-day average slope (20 days)
- -0.8%
- Distance from 50-day average
- -2.9%
- Distance from 200-day average
- +4.0%
- RSI (14)
- 48.8
- Relative volume
- 0.80×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 65.8%
- Volatility vs own 5-year history
- 30th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.31
- Correlation with S&P 500
- 0.34
- Current drawdown from 1-year high
- -19.7%
- Maximum drawdown, 3 years
- -43.5%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 17, 2021 | Oct 27, 2023 | -93.5% | 617 days | Not yet recovered |
| Apr 28, 2021 | May 4, 2021 | -11.2% | 4 days | 3 days (May 7, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $752.6M
- P/E (TTM)
- 137.6
- EPS, diluted (TTM)
- $0.05
- Revenue (TTM)
- $576.6M
- 52-week range
- $4.64 – $8.97
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $630.5M | $695.7M | $566.5M | $508.5M | $545.9M |
| Gross profit | $204.2M | $216.5M | $152.9M | $153.7M | $182.1M |
| Operating income | -$36.2M | $30.0M | $16.1M | $18.3M | $30.6M |
| Net income | -$62.3M | -$5.7M | -$2.4M | -$17.9M | $11.1M |
| EPS (diluted) | -$0.56 | -$0.05 | -$0.02 | -$0.15 | $0.09 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $150.5M | $87.3M | $111.4M | $172.6M | $161.9M | $100.0M | $117.3M | $197.5M |
| Net income | $5.9M | -$29.2M | -$6.0M | $16.0M | $8.1M | -$7.0M | -$8.5M | $12.8M |
| EPS (diluted) | $0.05 | -$0.25 | -$0.05 | $0.13 | $0.07 | -$0.06 | -$0.07 | $0.11 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $33.7M | $32.3M | $116.4M | $61.3M | $51.4M |
| Capital expenditure | -$25.0M | -$39.7M | -$33.2M | -$20.1M | -$25.4M |
| Free cash flow | $8.7M | -$7.4M | $83.2M | $41.2M | $26.0M |
| Dividends paid | -$110.0M | $0 | $0 | $0 | $0 |
| Net share buybacks | $117.6M | -$23.0M | $0 | $0 | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $43.5M
- Total assets
- $860.4M
- Total liabilities
- $448.9M
- Total debt
- $311.0M
- Net debt
- $267.5M
- Shareholders’ equity
- $411.4M
As of Jun 27, 2026 (filed Aug 5, 2026).
Short interest
- Shares sold short
- 3,812,301
- Days to cover
- 4.14
- Change vs previous report
- +1.1%
FINRA short interest, settlement date Sep 15, 2026.