FY2025 EPS Estimates for Life Time Group Lowered by Analyst

Life Time Group Holdings, Inc. (NYSE:LTH) – Northland Capmk lowered their FY2025 earnings per share estimates for shares of Life Time Group in a research report issued on Wednesday, April 16th. Northland Capmk analyst O. Rickert now forecasts that the company will earn $1.19 per share for the year, down from their prior 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 brokerages have also recently issued reports on LTH. Evercore ISI set a $38.00 price objective on Life Time Group and gave the company a “buy” rating in a report on Thursday, February 27th. Morgan Stanley boosted their price target on shares of Life Time Group from $29.00 to $30.00 and gave the company an “equal weight” rating in a research report on Monday, February 24th. The Goldman Sachs Group lifted their target price on shares of Life Time Group from $22.00 to $32.00 and gave the company a “neutral” rating in a research note on Monday, March 3rd. Deutsche Bank Aktiengesellschaft set a $36.00 price target on Life Time Group and gave the stock a “buy” rating in a research report on Monday, March 3rd. Finally, Royal Bank of Canada set a $35.00 price objective on Life Time Group and gave the company a “buy” rating in a research report on Thursday, February 27th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.62.

Life Time Group Price Performance

Shares of LTH stock opened at $31.30 on Friday. The stock’s fifty day simple moving average is $30.70 and its 200 day simple moving average is $26.87. Life Time Group has a one year low of $12.34 and a one year high of $33.64. The firm has a market cap of $6.69 billion, a price-to-earnings ratio of 45.36, a P/E/G ratio of 0.81 and a beta of 1.87. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.59 and a quick ratio of 0.46.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LTH. Kapitalo Investimentos Ltda acquired a new stake in Life Time Group during the 4th quarter worth approximately $33,000. R Squared Ltd bought a new stake in Life Time Group during the 4th quarter worth about $42,000. Sterling Capital Management LLC boosted its position in Life Time Group by 892.6% during the fourth quarter. Sterling Capital Management LLC now owns 2,025 shares of the company’s stock valued at $45,000 after purchasing an additional 1,821 shares during the last quarter. Quarry LP raised its holdings in shares of Life Time Group by 240.4% in the 4th quarter. Quarry LP now owns 2,335 shares of the company’s stock valued at $52,000 after purchasing an additional 1,649 shares during the period. Finally, Dnca Finance raised its holdings in Life Time Group by 11.9% in the 4th quarter. Dnca Finance now owns 3,830 shares of the company’s stock valued at $85,000 after acquiring an additional 407 shares during the period. 79.40% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Erik Weaver sold 1,741 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $29.62, for a total value of $51,568.42. Following the transaction, the chief financial officer now owns 96,361 shares of the company’s stock, valued at $2,854,212.82. This represents a 1.77 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Bahram Akradi sold 5,000,000 shares of Life Time Group stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $30.13, for a total value of $150,650,000.00. Following the sale, the chief executive officer now directly owns 2,993,849 shares of the company’s stock, valued at approximately $90,204,670.37. This trade represents a 62.55 % decrease in their ownership of the stock. 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 over the last three months. 8.70% of the stock is currently owned by company insiders.

About Life Time Group

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.