Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Life Time Group Holdings Inc (NYSE: LTH) closed at $14.84 in the last session, up 1.37% from day before closing price of $14.64. In other words, the price has increased by $1.37 from its previous closing price. On the day, 0.73 million shares were traded. LTH stock price reached its highest trading level at $14.94 during the session, while it also had its lowest trading level at $14.52.
Ratios:
We take a closer look at LTH’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.31 and its Current Ratio is at 0.43. In the meantime, Its Debt-to-Equity ratio is 1.88 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 2950711552 and an Enterprise Value of 7257409536. As of this moment, Life’s Price-to-Earnings (P/E) ratio for their current fiscal year is 41.10, and their Forward P/E ratio for the next fiscal year is 20.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 3.152 whereas that against EBITDA is 14.228.
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 3.02%, while the 200-Day Moving Average is calculated to be 0.63%.
Shares Statistics:
According to the various share statistics, LTH traded on average about 866.36K shares per day over the past 3-months and 854730 shares per day over the past 10 days. A total of 196.67M shares are outstanding, with a floating share count of 57.18M. Insiders hold about 70.93% of the company’s shares, while institutions hold 21.83% stake in the company. Shares short for LTH as of 1713139200 were 7383595 with a Short Ratio of 8.52, compared to 1710460800 on 7699349. Therefore, it implies a Short% of Shares Outstanding of 7383595 and a Short% of Float of 8.77.
Earnings Estimates
The current rating of Life Time Group Holdings Inc (LTH) is the result of assessments by 9.0 analysts actively engaged in evaluating its market dynamics.On average, analysts expect EPS of $0.15 for the current quarter, with a high estimate of $0.17 and a low estimate of $0.12, while EPS last year was $0.08. The consensus estimate for the next quarter is $0.16, with high estimates of $0.22 and low estimates of $0.12.
Analysts are recommending an EPS of between $0.71 and $0.49 for the fiscal current year, implying an average EPS of $0.58. EPS for the following year is $0.75, with 9.0 analysts recommending between $0.92 and $0.64.
Revenue Estimates
According to 9 analysts, the current quarter’s revenue is expected to be $632.09M. It ranges from a high estimate of $642.45M to a low estimate of $622.2M. As of the current estimate, Life Time Group Holdings Inc’s year-ago sales were $556.34MFor the next quarter, 9 analysts are estimating revenue of $652.14M. There is a high estimate of $662.4M for the next quarter, whereas the lowest estimate is $640.6M.
A total of 10 analysts have provided revenue estimates for LTH’s current fiscal year. The highest revenue estimate was $2.53B, while the lowest revenue estimate was $2.46B, resulting in an average revenue estimate of $2.5B. In the same quarter a year ago, actual revenue was $2.22BBased on 10 analysts’ estimates, the company’s revenue will be $2.75B in the next fiscal year. The high estimate is $2.79B and the low estimate is $2.72B.
