After finishing at $20.31 in the prior trading day, Life Time Group Holdings Inc. (NYSE: LTH) closed at $19.67, down -3.15%. In other words, the price has decreased by -$0.64 from its previous closing price. On the day, 1171234 shares were traded. LTH stock price reached its highest trading level at $20.59 during the session, while it also had its lowest trading level at $19.44.
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Our goal is to gain a better understanding of LTH by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.20 and its Current Ratio is at 0.30. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.85.
Upgrades & Downgrades
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 05 when TEACHER RETIREMENT SYSTEM OF T bought 11 shares for $15.68 per share. The transaction valued at 172 led to the insider holds 5,203,581 shares of the business.
Weaver Erik sold 1,002 shares of LTH for $18,577 on Mar 03. The SVP & CONTROLLER now owns 71,369 shares after completing the transaction at $18.54 per share. On Mar 01, another insider, TEACHER RETIREMENT SYSTEM OF T, who serves as the member of a group that is 10% of the company, bought 116 shares for $17.73 each. As a result, the insider paid 2,057 and bolstered with 5,203,570 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LTH now has a Market Capitalization of 3.66B and an Enterprise Value of 7.75B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.15 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 3.99 whereas that against EBITDA is 18.54.
Stock Price History:
Over the past 52 weeks, LTH has reached a high of $21.39, while it has fallen to a 52-week low of $8.75. The 50-Day Moving Average of the stock is 17.86, while the 200-Day Moving Average is calculated to be 14.77.
The stock has traded on average 966.65K shares per day over the past 3-months and 1.03M shares per day over the last 10 days, according to various share statistics. A total of 194.19M shares are outstanding, with a floating share count of 166.25M. Insiders hold about 3.00% of the company’s shares, while institutions hold 85.70% stake in the company. Shares short for LTH as of Apr 27, 2023 were 8.64M with a Short Ratio of 8.64M, compared to 7.66M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 4.43% and a Short% of Float of 10.69%.
Its stock is currently analyzed by 9 different market analysts. On average, analysts expect EPS of $0.1 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.07, while EPS last year was -$0.01. The consensus estimate for the next quarter is $0.11, with high estimates of $0.16 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.48 and $0.29 for the fiscal current year, implying an average EPS of $0.4. EPS for the following year is $0.6, with 8 analysts recommending between $0.81 and $0.49.
9 analysts predict $556.1M in revenue for the current quarter. It ranges from a high estimate of $570M to a low estimate of $472.66M. As of the current estimate, Life Time Group Holdings Inc.’s year-ago sales were $461.27M, an estimated increase of 20.60% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $601.75M, an increase of 20.50% less than the figure of $20.60% in the same quarter last year. There is a high estimate of $627.6M for the next quarter, whereas the lowest estimate is $583.02M.
A total of 10 analysts have provided revenue estimates for LTH’s current fiscal year. The highest revenue estimate was $2.29B, while the lowest revenue estimate was $2.2B, resulting in an average revenue estimate of $2.24B. In the same quarter a year ago, actual revenue was $1.82B, up 23.00% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $2.51B in the next fiscal year. The high estimate is $2.59B and the low estimate is $2.46B. The average revenue growth estimate for next year is up 11.90% from the average revenue estimate for this year.