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In the latest session, Life Time Group Holdings Inc (NYSE: LTH) closed at $23.50 down -1.38% from its previous closing price of $23.83. In other words, the price has decreased by -$1.38 from its previous closing price. On the day, 3.51 million shares were traded. LTH stock price reached its highest trading level at $24.0 during the session, while it also had its lowest trading level at $23.33.
Ratios:
For a deeper understanding of Life Time Group Holdings Inc’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 4826664960 and an Enterprise Value of 8930737152. As of this moment, Life’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.98, and their Forward P/E ratio for the next fiscal year is 27.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.00 while its Price-to-Book (P/B) ratio in mrq is 1.98. Its current Enterprise Value per Revenue stands at 3.708 whereas that against EBITDA is 15.79.
Stock Price History:
Over the past 52 weeks, LTH has reached a high of $25.25, while it has fallen to a 52-week low of $11.10. The 50-Day Moving Average of the stock is 11.48%, while the 200-Day Moving Average is calculated to be 44.47%.
Shares Statistics:
For the past three months, LTH has traded an average of 1.38M shares per day and 1811770 over the past ten days. A total of 196.67M shares are outstanding, with a floating share count of 65.89M. Insiders hold about 67.92% of the company’s shares, while institutions hold 30.49% stake in the company. Shares short for LTH as of 1723680000 were 7239509 with a Short Ratio of 5.23, compared to 1721001600 on 8522909. Therefore, it implies a Short% of Shares Outstanding of 7239509 and a Short% of Float of 7.9799999999999995.
