Life Time Group Holdings Inc (LTH) stock forecast: Can it reach its 52-week high of $27.11

Life Time Group Holdings Inc [LTH] stock is trading at $24.40, down -0.89%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LTH shares have gain 1.41% over the last week, with a monthly amount glided 6.04%, and 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 November 22, 2024, when Evercore ISI initiated its Outperform rating and assigned the stock a price target of $29. Previously, Craig Hallum started tracking the stock with Buy rating on July 19, 2024, and set its price target to $30. On April 23, 2024, Northland Capital initiated with a Outperform rating and assigned a price target of $23 on the stock. Wells Fargo upgraded its rating to a Equal Weight but stick to its price target of $17 on October 04, 2023. Wells Fargo downgraded its rating to Underweight for this stock on August 11, 2022, and downed its price target to $13. In a note dated November 01, 2021, Wells Fargo initiated an Equal Weight rating and provided a target price of $19 on this stock.

Life Time Group Holdings Inc [LTH] stock has fluctuated between $11.89 and $27.11 over the past year. Currently, Wall Street analysts expect the stock to reach $27.33 within the next 12 months. Life Time Group Holdings Inc [NYSE: LTH] shares were valued at $24.40 at the most recent close of the market. An investor can expect a potential return of 12.01% based on the average LTH price forecast.

Analyzing the LTH fundamentals

Life Time Group Holdings Inc [NYSE:LTH] reported sales of 2.52B for the trailing twelve months, which represents a growth of 18.47%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.06 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.64.

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 24.21 points at the first support level, and at 24.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.70, and for the 2nd resistance point, it is at 24.99.

Ratios To Look Out For

For context, Life Time Group Holdings Inc’s Current Ratio is 0.59. Also, the Quick Ratio is 0.46, while the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 2.01, the price to book ratio is 1.97 and price to earnings (TTM) ratio is 35.45.

Transactions by insiders

Recent insider trading involved Javaheri Parham, EVP &PRESIDENT CLUB OPERATIONS, that happened on Nov 22 ’24 when 0.17 million shares were sold. Officer, Javaheri Parham completed a deal on Nov 22 ’24 to buy 0.17 million shares. Meanwhile, 10% Owner TPG GP A, LLC sold 2.68 million shares on Nov 11 ’24.

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