Life Time Group Holdings Inc (NYSE: LTH) has a higher price-to-earnings ratio of 45.80x compared to its average ratio, The 36-month beta value for LTH is at 1.87. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 3 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for LTH is 70.34M, and currently, shorts hold a 9.49% of that float. The average trading volume for LTH on September 19, 2024 was 1.58M shares.
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LTH) stock’s latest price update
The stock price of Life Time Group Holdings Inc (NYSE: LTH) has plunged by 0.00 when compared to previous closing price of 24.47, but the company has seen a 3.60% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-09-16 that New program emphasizes range of habits: 30 grams of protein per meal, daily movement, eliminating alcohol and more CHANHASSEN, Minn., Sept. 16, 2024 /PRNewswire/ — Life Time (NYSE: LTH) today announced the launch of its newest program: The 30 Strong Challenge.
LTH’s Market Performance
LTH’s stock has risen by 3.60% in the past week, with a monthly rise of 1.24% and a quarterly rise of 33.13%. The volatility ratio for the week is 3.09% while the volatility levels for the last 30 days are 2.88% for Life Time Group Holdings Inc The simple moving average for the past 20 days is 2.09% for LTH’s stock, with a 45.14% simple moving average for the past 200 days.
Analysts’ Opinion of LTH
Many brokerage firms have already submitted their reports for LTH stocks, with Craig Hallum repeating the rating for LTH by listing it as a “Buy.” The predicted price for LTH in the upcoming period, according to Craig Hallum is $30 based on the research report published on July 19, 2024 of the current year 2024.
Northland Capital, on the other hand, stated in their research note that they expect to see LTH reach a price target of $23. The rating they have provided for LTH stocks is “Outperform” according to the report published on April 23rd, 2024.
Wells Fargo gave a rating of “Equal Weight” to LTH, setting the target price at $17 in the report published on October 04th of the previous year.
LTH Trading at 8.99% from the 50-Day Moving Average
After a stumble in the market that brought LTH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.09% of loss for the given period.
Volatility was left at 2.88%, however, over the last 30 days, the volatility rate increased by 3.09%, as shares surge +4.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.72% upper at present.
During the last 5 trading sessions, LTH rose by +3.60%, which changed the moving average for the period of 200-days by +61.41% in comparison to the 20-day moving average, which settled at $24.02. In addition, Life Time Group Holdings Inc saw 62.27% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LTH starting from Partners Group Private Equity, who sale 650,000 shares at the price of $20.88 back on Aug 14 ’24. After this action, Partners Group Private Equity now owns 5,929,348 shares of Life Time Group Holdings Inc, valued at $13,572,000 using the latest closing price.
DANHAKL JOHN G, the Director of Life Time Group Holdings Inc, sale 3,575,000 shares at $20.88 during a trade that took place back on Aug 14 ’24, which means that DANHAKL JOHN G is holding 55,166,700 shares at $74,646,000 based on the most recent closing price.
Stock Fundamentals for LTH
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.36 for the gross margin
The net margin for Life Time Group Holdings Inc stands at 0.05. The total capital return value is set at 0.04. Equity return is now at value 4.79, with 1.57 for asset returns.
Based on Life Time Group Holdings Inc (LTH), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.8. The interest coverage ratio of the stock is -37.24.
Currently, EBITDA for the company is 477.57 million with net debt to EBITDA at 7.82. When we switch over and look at the enterprise to sales, we see a ratio of 3.84. The receivables turnover for the company is 46.54for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.44.
Conclusion
In conclusion, Life Time Group Holdings Inc (LTH) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
