The closing price of Life Time Group Holdings Inc (NYSE: LTH) was $13.52 for the day, down -1.60% from the previous closing price of $13.74. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 987280 shares were traded.
Ratios:
Our analysis of LTH’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.22 and its Current Ratio is at 0.31. In the meantime, Its Debt-to-Equity ratio is 1.90 whereas as Long-Term Debt/Eq ratio is at 1.84.
Wells Fargo Downgraded its Equal Weight to Underweight on August 11, 2022, whereas the target price for the stock was revised from $15 to $13.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 29 when Weaver Erik sold 20,579 shares for $14.01 per share. The transaction valued at 288,318 led to the insider holds 66,388 shares of the business.
Weaver Erik sold 5,269 shares of LTH for $67,285 on Feb 28. The SVP, INTERIM CFO & CONTROLLER now owns 86,967 shares after completing the transaction at $12.77 per share. On Nov 17, another insider, Akradi Bahram, who serves as the FOUNDER & CEO of the company, bought 34,411 shares for $14.59 each. As a result, the insider paid 502,005 and bolstered with 34,411 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 2.66B and an Enterprise Value of 6.89B. As of this moment, Life’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.19, and their Forward P/E ratio for the next fiscal year is 17.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.20 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 3.11 whereas that against EBITDA is 14.67.
Stock Price History:
Over the past 52 weeks, LTH has reached a high of $22.41, while it has fallen to a 52-week low of $11.10. The 50-Day Moving Average of the stock is 13.84, while the 200-Day Moving Average is calculated to be 16.09.
Shares Statistics:
LTH traded an average of 737.07K shares per day over the past three months and 1.33M shares per day over the past ten days. A total of 196.67M shares are outstanding, with a floating share count of 57.38M. Insiders hold about 70.74% of the company’s shares, while institutions hold 21.93% stake in the company. Shares short for LTH as of Feb 15, 2024 were 7.98M with a Short Ratio of 10.83, compared to 7.5M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.07% and a Short% of Float of 9.71%.
Earnings Estimates
The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of $0.12 for the current quarter, with a high estimate of $0.19 and a low estimate of $0.07, while EPS last year was $0.14. The consensus estimate for the next quarter is $0.15, with high estimates of $0.19 and low estimates of $0.12.
Analysts are recommending an EPS of between $0.83 and $0.53 for the fiscal current year, implying an average EPS of $0.62. EPS for the following year is $0.81, with 7 analysts recommending between $1.06 and $0.61.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $591.84M to a low estimate of $562.64M. As of the current estimate, Life Time Group Holdings Inc’s year-ago sales were $508.1M, an estimated increase of 14.70% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $629.02M, an increase of 13.10% less than the figure of $14.70% in the same quarter last year. There is a high estimate of $648.47M for the next quarter, whereas the lowest estimate is $622.11M.
A total of 10 analysts have provided revenue estimates for LTH’s current fiscal year. The highest revenue estimate was $2.5B, while the lowest revenue estimate was $2.41B, resulting in an average revenue estimate of $2.47B. In the same quarter a year ago, actual revenue was $2.22B, up 11.30% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $2.72B in the next fiscal year. The high estimate is $2.78B and the low estimate is $2.64B. The average revenue growth estimate for next year is up 10.30% from the average revenue estimate for this year.
