Latham's Stock Is Finally Coming Up For Air

Latham Group is rated a Buy as a new CEO and growth strategy drive revenue and market share gains amid a depressed pool industry. SWIM’s four-pillar strategy targets core market expansion, southern U.S. penetration, automatic cover adoption, and M&A, leveraging its national manufacturing footprint. Financial guidance reaffirms 9% annual sales growth and 12.7% adjusted EBITDA growth through 2026, with a price target of $8.12, implying 38% upside. Key risks include macroeconomic headwinds, execution challenges in southern markets, supplier dependencies, and leadership hiring gaps.

Latham Group, Inc.'s (SWIM) stock took a dive during COVID-19 and has yet to recover. Five years later, it looks like the shares may be coming up for air with a new chief executive officer and a