Is Latham Stock a Good Investment?
Latham Investment Advice | SWIM |
- Examine Latham's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Latham's leadership team and their track record. Good management can help Latham navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Latham's business and its evolving consumer preferences.
- Compare Latham's performance and market position to its competitors. Analyze how Latham is positioned in terms of product offerings, innovation, and market share.
- Check if Latham pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Latham's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Latham Group stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Latham Group is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Modest | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Latham Stock
Researching Latham's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 92.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.83. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Latham Group has Price/Earnings To Growth (PEG) ratio of 0.14. The entity had not issued any dividends in recent years.
To determine if Latham is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Latham's research are outlined below:
| Latham Group had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 566.49 M. Net Loss for the year was (2.39 M) with profit before overhead, payroll, taxes, and interest of 216.47 M. | |
| Latham Group has a poor financial position based on the latest SEC disclosures | |
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Latham Group Hosts Investor Site Visit in Zephyrhills, Florida |
Latham Quarterly Long Term Debt |
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Latham uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Latham Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Latham's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 5th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 5th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Latham's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Latham's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-05-09 | 2023-03-31 | -0.06 | -0.05 | 0.01 | 16 | ||
2021-06-03 | 2021-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2024-11-05 | 2024-09-30 | 0.06 | 0.08 | 0.02 | 33 | ||
2023-03-07 | 2022-12-31 | -0.07 | -0.05 | 0.02 | 28 | ||
2021-08-05 | 2021-06-30 | 0.15 | 0.18 | 0.03 | 20 | ||
2024-05-07 | 2024-03-31 | -0.08 | -0.03 | 0.05 | 62 | ||
2022-11-10 | 2022-09-30 | 0.17 | 0.25 | 0.08 | 47 | ||
2021-11-10 | 2021-09-30 | 0.14 | 0.23 | 0.09 | 64 |
Know Latham's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Latham is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Latham Group backward and forwards among themselves. Latham's institutional investor refers to the entity that pools money to purchase Latham's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Roubaix Capital, Llc | 2024-09-30 | 761.5 K | Bridgeway Capital Management, Llc | 2024-09-30 | 761.2 K | State Street Corp | 2024-06-30 | 749.2 K | Renaissance Technologies Corp | 2024-09-30 | 688.8 K | Hillsdale Investment Management Inc. | 2024-09-30 | 621.6 K | American Century Companies Inc | 2024-09-30 | 598.4 K | Alyeska Investment Group, L.p. | 2024-09-30 | 406.7 K | Shay Capital Llc | 2024-06-30 | 348.1 K | Centerbook Partners Lp | 2024-09-30 | 337.9 K | Voss Capital Llc | 2024-09-30 | 4 M | Blackrock Inc | 2024-06-30 | 2.7 M |
Latham's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 761.97 M.Market Cap |
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Latham's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | 0.02 | 0.03 | |
| Return On Equity | (0.01) | (0.01) |
Determining Latham's profitability involves analyzing its financial statements and using various financial metrics to determine if Latham is a good buy. For example, gross profit margin measures Latham's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Latham's profitability and make more informed investment decisions.
Latham's Earnings Breakdown by Geography
Evaluate Latham's management efficiency
Latham Group has return on total asset (ROA) of 0.0162 % which means that it generated a profit of $0.0162 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0282 %, meaning that it created $0.0282 on every $100 dollars invested by stockholders. Latham's management efficiency ratios could be used to measure how well Latham manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Capital Employed is likely to grow to 0.03, while Return On Tangible Assets are likely to drop (0.01). At this time, Latham's Non Currrent Assets Other are very stable compared to the past year. As of the 29th of November 2024, Other Current Assets is likely to grow to about 7.5 M, while Net Tangible Assets are likely to drop (69.8 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.54 | 2.13 | |
| Tangible Book Value Per Share | (0.13) | (0.14) | |
| Enterprise Value Over EBITDA | 8.62 | 8.19 | |
| Price Book Value Ratio | 0.74 | 0.71 | |
| Enterprise Value Multiple | 8.62 | 8.19 | |
| Price Fair Value | 0.74 | 0.71 | |
| Enterprise Value | 531.3 M | 504.7 M |
The operational strategies employed by Latham management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Beta 1.875 |
Basic technical analysis of Latham Stock
As of the 29th of November, Latham secures the Mean Deviation of 2.3, downside deviation of 3.17, and Risk Adjusted Performance of 0.0449. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Latham Group, as well as the relationship between them. Please verify Latham Group jensen alpha and downside variance to decide if Latham Group is priced some-what accurately, providing market reflects its recent price of 6.63 per share. Given that Latham Group has jensen alpha of 0.101, we recommend you to check Latham's last-minute market performance to make sure the company can sustain itself at a future point.Latham's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Latham insiders, such as employees or executives, is commonly permitted as long as it does not rely on Latham's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Latham insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Latham's Outstanding Corporate Bonds
Latham issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Latham Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Latham bonds can be classified according to their maturity, which is the date when Latham Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| LTMCI 13375 15 OCT 29 Corp BondUS51818LAB45 | View |
Understand Latham's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Latham's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0449 | |||
| Market Risk Adjusted Performance | 0.3942 | |||
| Mean Deviation | 2.3 | |||
| Semi Deviation | 3.1 | |||
| Downside Deviation | 3.17 | |||
| Coefficient Of Variation | 2052.06 | |||
| Standard Deviation | 3.17 | |||
| Variance | 10.04 | |||
| Information Ratio | 0.0092 | |||
| Jensen Alpha | 0.101 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0091 | |||
| Treynor Ratio | 0.3842 | |||
| Maximum Drawdown | 16.17 | |||
| Value At Risk | (3.95) | |||
| Potential Upside | 4.65 | |||
| Downside Variance | 10.07 | |||
| Semi Variance | 9.59 | |||
| Expected Short fall | (2.39) | |||
| Skewness | (0.15) | |||
| Kurtosis | 3.01 |
| Risk Adjusted Performance | 0.0449 | |||
| Market Risk Adjusted Performance | 0.3942 | |||
| Mean Deviation | 2.3 | |||
| Semi Deviation | 3.1 | |||
| Downside Deviation | 3.17 | |||
| Coefficient Of Variation | 2052.06 | |||
| Standard Deviation | 3.17 | |||
| Variance | 10.04 | |||
| Information Ratio | 0.0092 | |||
| Jensen Alpha | 0.101 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0091 | |||
| Treynor Ratio | 0.3842 | |||
| Maximum Drawdown | 16.17 | |||
| Value At Risk | (3.95) | |||
| Potential Upside | 4.65 | |||
| Downside Variance | 10.07 | |||
| Semi Variance | 9.59 | |||
| Expected Short fall | (2.39) | |||
| Skewness | (0.15) | |||
| Kurtosis | 3.01 |
Consider Latham's intraday indicators
Latham intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Latham stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Latham Corporate Filings
8K | 20th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 14th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 6th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F3 | 18th of October 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Latham Stock media impact
Far too much social signal, news, headlines, and media speculation about Latham that are available to investors today. That information is available publicly through Latham media outlets and privately through word of mouth or via Latham internal channels. However, regardless of the origin, that massive amount of Latham data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Latham news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Latham relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Latham's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Latham alpha.
Latham Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Latham can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Latham Corporate Management
| James Borseth | Strategic Advisor | Profile | |
| Joel Culp | Chief Officer | Profile | |
| Oliver Gloe | Chief Officer | Profile | |
| Nikki Maczko | Chief Officer | Profile | |
| Lance Dumont | Chief Staff | Profile | |
| Kaushal Dhruv | Chief Officer | Profile | |
| Joshua Cowley | Chief Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Latham Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Latham. If investors know Latham will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Latham listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.1 | Revenue Per Share 4.455 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0162 | Return On Equity 0.0282 |
The market value of Latham Group is measured differently than its book value, which is the value of Latham that is recorded on the company's balance sheet. Investors also form their own opinion of Latham's value that differs from its market value or its book value, called intrinsic value, which is Latham's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Latham's market value can be influenced by many factors that don't directly affect Latham's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Latham's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Latham is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Latham's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.