
Life Time Group Holdings, Inc. (NYSE:LTH – Free Report) – Stock analysts at Northland Securities raised their FY2026 earnings estimates for shares of Life Time Group in a note issued to investors on Friday, October 30th. Northland Securities analyst O. Rickert now anticipates that the company will post earnings per share of $1.61 for the year, up from their previous forecast of $1.56. The consensus estimate for Life Time Group’s current full-year earnings is $1.59 per share. Northland Securities also issued estimates for Life Time Group’s FY2027 earnings at $1.71 EPS.
A number of other brokerages have also recently weighed in on LTH. Guggenheim boosted their price objective on Life Time Group from $50.00 to $53.00 and gave the company a “buy” rating in a research note on Friday. Morgan Stanley lifted their target price on shares of Life Time Group from $53.00 to $54.00 and gave the company an “overweight” rating in a report on Tuesday, October 27th. Barclays started coverage on shares of Life Time Group in a report on Monday, October 26th. They issued an “overweight” rating and a $51.00 target price on the stock. KeyCorp upped their price target on shares of Life Time Group from $52.00 to $55.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft set a $54.00 price target on shares of Life Time Group in a research note on Friday, July 31st. Fifteen equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Life Time Group has an average rating of “Moderate Buy” and a consensus price target of $56.14.
Check Out Our Latest Stock Report on Life Time Group
Life Time Group Stock Up 1.8%
LTH opened at $44.63 on Wednesday. Life Time Group has a one year low of $24.14 and a one year high of $47.32. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.63 and a current ratio of 0.73. The stock has a market capitalization of $10.02 billion, a P/E ratio of 27.73, a price-to-earnings-growth ratio of 1.41 and a beta of 1.46. The business’s 50-day simple moving average is $41.64 and its 200-day simple moving average is $35.41.
Life Time Group (NYSE:LTH – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.10. The company had revenue of $893.52 million during the quarter, compared to the consensus estimate of $874.98 million. Life Time Group had a net margin of 12.72% and a return on equity of 11.01%. Life Time Group’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.41 earnings per share.
Insider Activity
In other news, EVP Ritadhwaja Singh sold 154,912 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $42.00, for a total value of $6,506,304.00. Following the transaction, the executive vice president owned 138,351 shares of the company’s stock, valued at approximately $5,810,742. The trade was a 52.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John Galashan sold 2,879,154 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $43.80, for a total value of $126,106,945.20. Following the sale, the director owned 3,029,450 shares of the company’s stock, valued at $132,689,910. This trade represents a 48.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 6,214,115 shares of company stock worth $272,178,518 over the last quarter. 13.30% of the stock is owned by insiders.
Hedge Funds Weigh In On Life Time Group
Hedge funds and other institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC purchased a new stake in shares of Life Time Group in the third quarter valued at about $36,000. Nykredit A S acquired a new position in shares of Life Time Group during the second quarter worth about $47,000. EverSource Wealth Advisors LLC raised its holdings in Life Time Group by 49.5% during the first quarter. EverSource Wealth Advisors LLC now owns 1,772 shares of the company’s stock worth $48,000 after purchasing an additional 587 shares in the last quarter. Anchor Investment Management LLC acquired a new stake in Life Time Group in the second quarter valued at about $68,000. Finally, Versant Capital Management Inc lifted its position in Life Time Group by 286.7% in the second quarter. Versant Capital Management Inc now owns 1,806 shares of the company’s stock valued at $74,000 after purchasing an additional 1,339 shares during the period. 79.40% of the stock is currently owned by hedge funds and other institutional investors.
Life Time Group Company Profile
Life Time Group Holdings, Inc (NYSE: LTH) operates a network of luxury athletic country clubs in the United States and Canada. The company’s facilities combine fitness, sports, health, and wellness services in an integrated club environment designed for individuals and families.
Life Time clubs typically offer cardiovascular and strength-training equipment, group fitness classes, personal training, indoor and outdoor pools, tennis, pickleball, basketball, and other athletic programs. Many locations also provide childcare, spas, cafés, workspaces, recovery services, and specialized programs for children, older adults, and other member groups.
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