FY2025 EPS Estimate for Life Time Group Decreased by Analyst

Life Time Group Holdings, Inc. (NYSE:LTH) – Analysts at Northland Capmk lowered their FY2025 earnings per share (EPS) estimates for shares of Life Time Group in a research report issued to clients and investors on Wednesday, April 16th. Northland Capmk analyst O. Rickert now anticipates that the company will post earnings of $1.19 per share for the year, down from their prior forecast of $1.20. The consensus estimate for Life Time Group’s current full-year earnings is $0.74 per share.

Several other brokerages also recently weighed in on LTH. Wells Fargo & Company set a $28.00 price target on Life Time Group and gave the company a “hold” rating in a report on Thursday, February 27th. Morgan Stanley lifted their target price on shares of Life Time Group from $29.00 to $30.00 and gave the stock an “equal weight” rating in a report on Monday, February 24th. Northland Securities set a $39.00 price target on shares of Life Time Group and gave the company a “buy” rating in a report on Thursday, February 27th. Evercore ISI set a $38.00 price objective on shares of Life Time Group and gave the stock a “buy” rating in a report on Thursday, February 27th. Finally, BMO Capital Markets set a $28.00 target price on Life Time Group and gave the company a “hold” rating in a research note on Friday, March 14th. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $35.62.

Life Time Group Stock Up 0.2 %

Shares of NYSE:LTH opened at $31.30 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.46 and a debt-to-equity ratio of 0.64. The stock has a fifty day simple moving average of $30.70 and a two-hundred day simple moving average of $26.92. Life Time Group has a 12-month low of $12.34 and a 12-month high of $33.64. The stock has a market capitalization of $6.69 billion, a price-to-earnings ratio of 45.36, a PEG ratio of 0.81 and a beta of 1.87.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in LTH. Kapitalo Investimentos Ltda purchased a new position in Life Time Group during the fourth quarter valued at approximately $33,000. R Squared Ltd purchased a new position in shares of Life Time Group during the 4th quarter valued at $42,000. Sterling Capital Management LLC boosted its holdings in Life Time Group by 892.6% in the 4th quarter. Sterling Capital Management LLC now owns 2,025 shares of the company’s stock worth $45,000 after buying an additional 1,821 shares during the period. Quarry LP increased its stake in Life Time Group by 240.4% in the 4th quarter. Quarry LP now owns 2,335 shares of the company’s stock worth $52,000 after buying an additional 1,649 shares in the last quarter. Finally, Dnca Finance raised its holdings in Life Time Group by 11.9% during the fourth quarter. Dnca Finance now owns 3,830 shares of the company’s stock valued at $85,000 after acquiring an additional 407 shares during the period. 79.40% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, EVP Ritadhwaja Jebens Singh sold 48,596 shares of the stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $28.00, for a total value of $1,360,688.00. Following the transaction, the executive vice president now owns 143,030 shares in the company, valued at $4,004,840. This represents a 25.36 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Erik Weaver sold 1,741 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $29.62, for a total transaction of $51,568.42. Following the sale, the chief financial officer now owns 96,361 shares of the company’s stock, valued at $2,854,212.82. This trade represents a 1.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,057,147 shares of company stock valued at $152,266,556 over the last 90 days. Company insiders own 8.70% of the company’s stock.

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.