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Latham Group, Inc. designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. It offers a portfolio of pools and related products, including in-ground swimming pools that include fiberglass and packaged pools; and pool covers and liners under the Latham, Narellan, CoverStar, Radiant, and GLI brand names. The company was formerly known as Latham Topco, Inc. and changed its name to Latham Group, Inc. in March 2021. Latham Group, Inc. was founded in 1956 and is headquartered in Latham, New York.
Fiberglass Frontrunne | Latham Group dominates the fiberglass pool market with a 50% share, positioning itself for growth as the industry shifts towards this cost-effective option |
Weathering the Storm | Despite a 50% drop in new pool starts, Latham maintains profitability through cost management and operational efficiency, with analyst targets ranging from $5 to $10 |
Strategic Expansion | Explore Latham's proactive approach to growth through strategic acquisitions, manufacturing improvements, and targeted marketing efforts in key geographic regions |
Market Recovery Catalyst | Learn how potential interest rate decreases, rising home equity, and pent-up demand could drive a resurgence in pool sales, benefiting Latham's market position |
Metrics to compare | SWIM | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipSWIMPeersSector | |
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P/E Ratio | −64.9x | 7.2x | 11.2x | |
PEG Ratio | 0.30 | 0.02 | 0.02 | |
Price/Book | 2.2x | 1.4x | 1.4x | |
Price / LTM Sales | 1.6x | 0.9x | 1.0x | |
Upside (Analyst Target) | 8.4% | 47.0% | 20.1% | |
Fair Value Upside | Unlock | 28.4% | 9.1% | Unlock |