Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Life Time Group Holdings Inc’s stock clocked out at $14.11, down -3.69% from its previous closing price of $14.65. In other words, the price has decreased by -$3.69 from its previous closing price. On the day, 0.61 million shares were traded. LTH stock price reached its highest trading level at $14.46 during the session, while it also had its lowest trading level at $14.09.
Ratios:
To gain a deeper understanding of LTH’s stock, we examine its different ratios. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northland Capital on April 23, 2024, initiated with a Outperform rating and assigned the stock a target price of $23.
On October 04, 2023, Wells Fargo Upgraded its rating to Equal Weight which previously was Underweight but kept the price unchanged to $17.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 13 ’24 when Javaheri Parham sold 33,816 shares for $14.40 per share. The transaction valued at 486,947 led to the insider holds 253,893 shares of the business.
Weaver Erik sold 860 shares of LTH for $11,842 on Mar 05 ’24. The SVP, INTERIM CFO & CONTROLLER now owns 65,528 shares after completing the transaction at $13.77 per share. On Mar 01 ’24, another insider, Singh Ritadhwaja Jebens, who serves as the EVP & CHIEF DIGITAL OFFICER of the company, sold 10,828 shares for $13.61 each. As a result, the insider received 147,368 and left with 201,521 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 2775507456 and an Enterprise Value of 7030616576. As of this moment, Life’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.77, and their Forward P/E ratio for the next fiscal year is 19.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 3.172 whereas that against EBITDA is 14.126.
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 0.11%, while the 200-Day Moving Average is calculated to be -6.68%.
Shares Statistics:
It appears that LTH traded 815.51K shares on average per day over the past three months and 614320 shares per day over the past ten days. A total of 196.67M shares are outstanding, with a floating share count of 57.21M. Insiders hold about 70.91% of the company’s shares, while institutions hold 21.96% stake in the company. Shares short for LTH as of 1713139200 were 7383595 with a Short Ratio of 9.05, compared to 1710460800 on 7699349. Therefore, it implies a Short% of Shares Outstanding of 7383595 and a Short% of Float of 9.0.
