FY2025 EPS Estimate for Life Time Group Reduced by Analyst

Life Time Group Holdings, Inc. (NYSE:LTH) – Research analysts at Northland Capmk cut their FY2025 earnings estimates for Life Time Group in a note issued to investors on Wednesday, April 16th. Northland Capmk analyst O. Rickert now expects that the company will post earnings per share of $1.19 for the year, down from their previous estimate of $1.20. The consensus estimate for Life Time Group’s current full-year earnings is $0.74 per share.

A number of other equities research analysts also recently commented on the company. BMO Capital Markets set a $28.00 target price on Life Time Group and gave the stock a “hold” rating in a research report on Friday, March 14th. Evercore ISI set a $38.00 price target on shares of Life Time Group and gave the stock a “buy” rating in a research report on Thursday, February 27th. Northland Securities set a $39.00 target price on shares of Life Time Group and gave the company a “buy” rating in a research report on Thursday, February 27th. Morgan Stanley lifted their price target on Life Time Group from $29.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Monday, February 24th. Finally, Wells Fargo & Company set a $28.00 price objective on Life Time Group and gave the company a “hold” rating in a research report on Thursday, February 27th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $35.62.

Life Time Group Stock Up 0.2 %

Shares of LTH stock opened at $31.30 on Friday. The stock has a market cap of $6.69 billion, a P/E ratio of 45.36, a PEG ratio of 0.81 and a beta of 1.87. The company’s fifty day simple moving average is $30.70 and its two-hundred day simple moving average is $26.92. The company has a quick ratio of 0.46, a current ratio of 0.59 and a debt-to-equity ratio of 0.64. Life Time Group has a 52 week low of $12.34 and a 52 week high of $33.64.

Institutional Investors Weigh In On Life Time Group

Several hedge funds have recently made changes to their positions in LTH. Precision Wealth Strategies LLC increased its stake in shares of Life Time Group by 19.4% during the first quarter. Precision Wealth Strategies LLC now owns 20,906 shares of the company’s stock valued at $631,000 after buying an additional 3,396 shares during the period. SG Americas Securities LLC increased its position in Life Time Group by 12.4% during the 1st quarter. SG Americas Securities LLC now owns 11,485 shares of the company’s stock valued at $347,000 after purchasing an additional 1,269 shares during the period. Wedge Capital Management L L P NC bought a new stake in shares of Life Time Group in the 1st quarter valued at about $40,471,000. Park Avenue Securities LLC lifted its position in shares of Life Time Group by 43.8% in the 1st quarter. Park Avenue Securities LLC now owns 35,239 shares of the company’s stock worth $1,064,000 after purchasing an additional 10,739 shares during the period. Finally, MRA Advisory Group bought a new position in shares of Life Time Group during the first quarter valued at approximately $355,000. 79.40% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Life Time Group

In other news, CEO Bahram Akradi sold 5,000,000 shares of Life Time Group stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $30.13, for a total transaction of $150,650,000.00. Following the completion of the sale, the chief executive officer now owns 2,993,849 shares of the company’s stock, valued at approximately $90,204,670.37. The trade was a 62.55 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Ritadhwaja Jebens Singh sold 6,810 shares of the stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $30.00, for a total value of $204,300.00. Following the completion of the transaction, the executive vice president now directly owns 136,220 shares in the company, valued at approximately $4,086,600. This trade represents a 4.76 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 5,057,147 shares of company stock worth $152,266,556 in the last quarter. 8.70% of the stock is owned by company insiders.

Life Time Group Company Profile

Life Time Group Holdings, Inc provides health, fitness, and wellness experiences to a community of individual members in the United States and Canada. It primarily engages in designing, building, and operating of sports and athletic, professional fitness, family recreation, and spa centers in a resort-like environment, principally in suburban and urban locations of metropolitan areas.