Life Time Group Holdings, Inc. (NYSE:LTH) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Life Time Group Holdings, Inc. has received a consensus recommendation of "Moderate Buy" from analysts, with eight out of fourteen ratings firms issuing buy recommendations.
• The company's stock is currently trading around $27.23, with a 12-month price target from brokers averaging $35.92.
• Life Time Group reported $0.37 earnings per share (EPS) for its last quarter, exceeding the consensus estimate, and demonstrated a 14.0% year-over-year revenue growth.

Life Time Group Holdings, Inc. (NYSE:LTH - Get Free Report) has received an average recommendation of "Moderate Buy" from the fourteen ratings firms that are covering the stock, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $35.9231.

Several equities analysts have issued reports on LTH shares. Weiss Ratings restated a "hold (c+)" rating on shares of Life Time Group in a research note on Saturday, September 27th. Wall Street Zen cut shares of Life Time Group from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd. Finally, Guggenheim reaffirmed a "buy" rating and issued a $36.00 target price on shares of Life Time Group in a report on Tuesday, June 24th.

Life Time Group Stock Performance

NYSE LTH opened at $27.23 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.65 and a quick ratio of 0.53. Life Time Group has a 1 year low of $21.49 and a 1 year high of $34.99. The company has a market capitalization of $5.99 billion, a PE ratio of 26.70 and a beta of 1.70. The company has a fifty day moving average of $28.08 and a two-hundred day moving average of $29.19.

Life Time Group (NYSE:LTH - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.04. Life Time Group had a net margin of 8.03% and a return on equity of 9.05%. The company had revenue of $761.47 million during the quarter, compared to the consensus estimate of $752.33 million. During the same quarter in the prior year, the firm posted $0.26 earnings per share. Life Time Group's revenue for the quarter was up 14.0% on a year-over-year basis. Life Time Group has set its FY 2025 guidance at EPS. As a group, analysts expect that Life Time Group will post 0.74 earnings per share for the current year.

Insider Buying and Selling at Life Time Group

In other news, major shareholder Partners Group Private Equity sold 745,707 shares of the company's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $28.95, for a total value of $21,588,217.65. Following the completion of the sale, the insider directly owned 3,720,500 shares of the company's stock, valued at approximately $107,708,475. This represents a 16.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Parham Javaheri sold 9,375 shares of the company's stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $28.05, for a total transaction of $262,968.75. Following the completion of the sale, the executive vice president directly owned 240,151 shares of the company's stock, valued at $6,736,235.55. The trade was a 3.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,739,034 shares of company stock valued at $310,886,597 over the last ninety days. 8.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Harbour Investments Inc. purchased a new position in Life Time Group during the first quarter worth about $36,000. EverSource Wealth Advisors LLC raised its holdings in Life Time Group by 201.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,499 shares of the company's stock worth $45,000 after purchasing an additional 1,002 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in Life Time Group by 98.9% during the second quarter. Nisa Investment Advisors LLC now owns 1,506 shares of the company's stock worth $46,000 after purchasing an additional 749 shares in the last quarter. IFP Advisors Inc raised its holdings in Life Time Group by 10,150.0% during the second quarter. IFP Advisors Inc now owns 1,640 shares of the company's stock worth $51,000 after purchasing an additional 1,624 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its holdings in Life Time Group by 2,741.7% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,705 shares of the company's stock worth $52,000 after purchasing an additional 1,645 shares in the last quarter. 79.40% of the stock is owned by hedge funds and other institutional investors.

About Life Time Group

Life Time Group Holdings, Inc provides health, fitness, and wellness experiences to a community of individual members in the United States and Canada. It primarily engages in designing, building, and operating of sports and athletic, professional fitness, family recreation, and spa centers in a resort-like environment, principally in suburban and urban locations of metropolitan areas.

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