Wall Street predicts Life Time Group Holdings Inc (LTH) stock to surge by 28.48%

Life Time Group Holdings Inc [LTH] stock is trading at $14.01, up 1.60%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LTH shares have lost -3.78% over the last week, with a monthly amount drifted -1.68%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Life Time Group Holdings Inc [NYSE: LTH] stock has seen the most recent analyst activity on October 04, 2023, when Wells Fargo upgraded its rating to a Equal Weight but kept the price target unchanged to $17 for it. On August 11, 2022, downgrade downgraded it’s rating to Underweight and revised its price target to $13 on the stock. Wells Fargo started tracking the stock assigning a Equal Weight rating and suggested a price target of $19 on November 01, 2021. RBC Capital Mkts initiated its recommendation with a Outperform and recommended $21 as its price target on November 01, 2021. Oppenheimer started tracking with a Outperform rating for this stock on November 01, 2021, and assigned it a price target of $40. In a note dated November 01, 2021, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $21 on this stock.

Life Time Group Holdings Inc [LTH] stock has fluctuated between $11.10 and $22.41 over the past year. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Life Time Group Holdings Inc [NYSE: LTH] shares were valued at $14.01 at the most recent close of the market. An investor can expect a potential return of 28.48% based on the average LTH price forecast.

Analyzing the LTH fundamentals

Life Time Group Holdings Inc [NYSE:LTH] reported sales of 2.22B for the trailing twelve months, which represents a growth of 18.23%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.88.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.72 points at the first support level, and at 13.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.20, and for the 2nd resistance point, it is at 14.39.

Ratios To Look Out For

For context, Life Time Group Holdings Inc’s Current Ratio is 0.31. As well, the Quick Ratio is 0.22, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.24, the price to book ratio is 1.22 and price to earnings (TTM) ratio is 37.50.

Transactions by insiders

Recent insider trading involved Javaheri Parham, EVP &PRESIDENT CLUB OPERATIONS, that happened on Mar 13 ’24 when 33816.0 shares were sold. SVP, INTERIM CFO & CONTROLLER, Weaver Erik completed a deal on Mar 05 ’24 to sell 860.0 shares. Meanwhile, EVP & CHIEF DIGITAL OFFICER Singh Ritadhwaja Jebens sold 10828.0 shares on Mar 01 ’24.

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