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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Life Time Group Holdings Inc (NYSE: LTH) closed at $23.74 in the last session, up 1.54% from day before closing price of $23.38. In other words, the price has increased by $1.54 from its previous closing price. On the day, 1.28 million shares were traded. LTH stock price reached its highest trading level at $23.925 during the session, while it also had its lowest trading level at $23.515.
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 0.32 and its Current Ratio is at 0.44. In the meantime, Its Debt-to-Equity ratio is 1.81 whereas as Long-Term Debt/Eq ratio is at 1.78.
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, Craig Hallum on July 19, 2024, initiated with a Buy rating and assigned the stock a target price of $30.
On April 23, 2024, Northland Capital started tracking the stock assigning a Outperform rating and target price of $23.
Wells Fargo Upgraded its Underweight to Equal Weight on October 04, 2023, while the target price for the stock was maintained at $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 Aug 14 ’24 when Partners Group Private Equity sold 650,000 shares for $20.88 per share. The transaction valued at 13,572,000 led to the insider holds 5,929,348 shares of the business.
DANHAKL JOHN G sold 3,575,000 shares of LTH for $74,646,000 on Aug 14 ’24. The Director now owns 55,166,700 shares after completing the transaction at $20.88 per share. On Aug 14 ’24, another insider, Galashan John Kristofer, who serves as the Director of the company, sold 3,575,000 shares for $20.88 each. As a result, the insider received 74,646,000 and left with 55,166,700 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 4875958784 and an Enterprise Value of 8978590720. As of this moment, Life’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.43, and their Forward P/E ratio for the next fiscal year is 27.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.02 while its Price-to-Book (P/B) ratio in mrq is 2.00. Its current Enterprise Value per Revenue stands at 3.728 whereas that against EBITDA is 15.874.
Stock Price History:
Over the past 52 weeks, LTH has reached a high of $24.79, while it has fallen to a 52-week low of $11.10. The 50-Day Moving Average of the stock is 16.79%, while the 200-Day Moving Average is calculated to be 48.99%.
Shares Statistics:
According to the various share statistics, LTH traded on average about 1.34M shares per day over the past 3-months and 2580820 shares per day over the past 10 days. A total of 196.67M shares are outstanding, with a floating share count of 58.45M. Insiders hold about 71.54% of the company’s shares, while institutions hold 30.52% stake in the company. Shares short for LTH as of 1722384000 were 7640969 with a Short Ratio of 5.69, compared to 1719532800 on 8152342. Therefore, it implies a Short% of Shares Outstanding of 7640969 and a Short% of Float of 9.020001.
