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.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Sponsored
Ratios:
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
Insider Transactions:
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.
Valuation Measures:
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.
Shares Statistics:
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%.
Earnings Estimates
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.
Revenue Estimates
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.