Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

For Immediate ReleasesChicago, IL – August 27, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: including Fulcrum Therapeutics Inc. (FULC) , Heritage Insurance Holdings Inc. (HRTG) , Latham Group Inc. (SWIM) , Seanergy Maritime Holdings Corp. (SHIP) and BrainsWay Ltd. (BWAY) .Here are highlights from Tuesday’s Ana ...

LATHAM, N.Y., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Signaling a new era of investment in its business, brand and channel partners, Latham Group, Inc. [NYSE:SWIM], the leading designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, has partnered with Chicago-based L.C. Williams & Associates (LCWA) as its public relations agency of record. This strategic engagement promises to elevate Latham’s brand visibility, enhance customer engagement and reinf ...

Latham Group (SWIM) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this swimming pool maker, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate ...

Latham Group (SWIM) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system ...

LATHAM, N.Y., Aug. 12, 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 host investor meetings at the Barclays 8th Annual Building & Building Products Conference. This event will take place on August 14, 2024, at Barclays’ offices in New York, NY. About Latha ...

Efficiencies drove a quarterly earnings beat.Swimming pool manufacturer Latham Group (SWIM 45.18%) rode a wave of cost cuts to better-than-expected earnings. Investors are diving in, sending Latham shares up 42% as of 2:30 p.m. ET.A more efficient pool makerLatham designs and manufactures in-ground swimming pools in North America, Australia, and New Zealand. In the quarter, the company earned $0.11 per share, up 55% year over year and well above the $0.01 per share consensus estimate.Revenue fell by about 1 ...

财务数据和关键指标变化 - 第二季度销售额为1.601亿美元,同比下降9.6%,主要受到宏观经济环境对新建游泳池数量的持续影响 [28] - 毛利率增加470个基点至33.1%,主要得益于之前宣布的重组项目、精益制造和价值工程计划的持续推进以及成本控制措施 [30] - 第二季度净利润为1330万美元,同比增长超过一倍 [32] - 第二季度调整后EBITDA为3450万美元,同比增长11.2%,调整后EBITDA利润率达21.5%,同比提升400个基点 [32] - 上半年销售额为2.708亿美元,同比下降13.9%,但调整后EBITDA增长11.4%至4680万美元,利润率提升400个基点至17.3% [34][35] 各条业务线数据和关键指标变化 - 地下游泳池销售下降10.6%,游泳池衬里下降7.2%,游泳池遮阳罩下降11.3% [29] - 公司的玻璃钢游泳池业务相对强势,在上半年表现优于整体市场 [15] 各个市场数据和关键指标变化 - 公司预计2024年新建游泳池数量将下降约15%,这与公司之前的预期一致 [11] - 公司在南部州场地的玻璃钢游泳池需求较强,这些地区消费者更青睐玻璃钢游泳池的成本优势、安装便捷和环保优势 [17] 公司战略和发展方向及行业竞争 - 公司持续推动玻璃钢游泳池和自动遮阳罩的市场推广和渗透,视为公司长期增长的关键驱动力 [15][18][22] - 公司推出新款Astoria 14玻璃钢游泳池,针对狭小户外空间的需求,并计划于2025年春季推出4款新型号的乙烯基潜水池 [17][18] - 公司完成收购Coverstar Central,将自动遮阳罩业务垂直整合,预计将提升公司整体EBITDA利润率约140个基点 [21][38] - 公司将继续评估并购机会,寻求可带来协同效应的交易 [56] 管理层对经营环境和未来前景的评论 - 公司有信心在当前疲软的行业环境中保持韧性,同时保留投资于有机增长计划和潜在并购的资源 [26] - 公司维持对2024年新建游泳池数量下降约15%的预测,但上调了全年收入和调整后EBITDA指引 [40] 其他重要信息 - 公司通过精益制造、价值工程和成本控制措施,实现了27%的产品制造时间缩减和8%的劳动效率提升 [25] - 公司维持较强的财务状况,二季度经营活动产生的净现金流为5240万美元,期末现金余额9.08亿美元 [36][37]

Q2 2024 Earnings Call August 6, 2024 Disclaimer Forward-looking Statements Certain statements in this presentation constitute forward-looking statements under federal securities laws. These forward-looking statements reflect our views with respect to future events and financial performance as of the date of this presentation or otherwise specified herein. Actual events and results may differ materially from those contemplated by such forward-looking statements due to risks and other factors that are set for ...

财务业绩 - 第二季度净利润率同比增长500个基点，调整后EBITDA利润率同比增长400个基点，主要得益于成本结构改善和生产效率提升[1][2] - 第二季度经营现金流达到5200万美元[2] - 第二季度净销售额为1.601亿美元[8][10] - 第二季度调整后EBITDA为3450万美元，占净销售额21.5%[14] - 2024年第二季度和2023年第三季度的净销售额分别为1.601亿美元和1.771亿美元[44] - 2024年第二季度和2023年第三季度的毛利润分别为5.302亿美元和5.023亿美元[44] - 2024年第二季度和2023年第三季度的营业利润分别为2.001亿美元和1.339亿美元[44] - 2024年第二季度和2023年第三季度的净利润分别为1.328亿美元和5715万美元[44] - 公司在两个财季内实现净利润54.15百万美元，相比去年同期亏损86.53百万美元[49] - 公司调整后EBITDA为467.70百万美元，同比增长11.2%[51] - 公司调整后EBITDA利润率为17.3%，较去年同期提升4个百分点[51] 财务状况 - 截至2024年6月29日和2023年12月31日,公司现金余额分别为9.077亿美元和1.028亿美元[47] - 截至2024年6月29日和2023年12月31日,公司总资产分别为83.003亿美元和83.502亿美元[47] - 截至2024年6月29日和2023年12月31日,公司总负债分别为42.19亿美元和43.58亿美元[47] - 截至2024年6月29日和2023年12月31日,公司股东权益分别为40.813亿美元和39.92亿美元[47] - 公司总债务为282.78百万美元，现金为43.81百万美元，净债务率为2.7倍[54] 业务发展 - 收购Coverstar Central有助于提升自动安全遮阳帘产品线销售增长和渗透率，同时也为推进玻璃钢游泳池转型战略带来机遇[7] - 垂直整合预计将提升毛利率[7] - 收购预计将立即提升公司盈利水平，并反映在修订后的指引中[7] - 上调全年2024年净销售额和调整后EBITDA指引分别增加5百万美元和15百万美元[2] 风险因素 - 公司提到未来可能面临的风险包括经济不景气、原材料供应、信息系统中断、网络安全等[41] 战略举措 - 公司表示将继续推进数字化转型和精益制造等战略[41] - 公司在本期内发生了与重组和战略性成本支出相关的一次性费用23.39百万美元[52] - 公司在本期内发生了与收购和整合相关的成本375万美元[52] - 公司在本期内发生了与战略举措相关的成本1,974万美元[52] - 公司在本期内发生了与Odessa工厂火灾相关的成本和保险赔付，净额为-771万美元[52] - 公司在本期内发生了其他一次性费用105万美元[52] - 公司在本期内发生了非现金外汇交易损失2,390万美元[52]