Life Time Group Holdings Inc (NYSE: LTH) is 50.00% higher on its value in year-to-date trading and has touched a low of $11.10 and a high of $23.89 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LTH stock was last observed hovering at around $22.35 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $22.62, the stock is 10.96% and 20.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.48 million and changing 1.21% at the moment leaves the stock 47.50% off its SMA200. LTH registered 32.05% gain for a year compared to 6-month gain of 70.72%.
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The stock witnessed a 20.38% loss in the last 1 month and extending the period to 3 months gives it a 59.86%, and is 10.34% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.37% over the week and 4.16% over the month.
Life Time Group Holdings Inc (LTH) has around 37000 employees, a market worth around $4.50B and $2.41B in sales. Current P/E ratio is 42.34 and Fwd P/E is 27.29. Profit margin for the company is 4.54%. Distance from 52-week low is 103.78% and -5.32% from its 52-week high. The company has generated returns on investments over the last 12 months (1.66%).
The EPS is expected to grow by 80.91% this year.
Life Time Group Holdings Inc (LTH) Top Institutional Holders
The shares outstanding are 196.67M, and float is at 56.66M with Short Float at 15.04%.
Life Time Group Holdings Inc (LTH) Insider Activity
The most recent transaction is an insider purchase by Akradi Bahram,the company’sFOUNDER & CEO. SEC filings show that Akradi Bahram bought 39,000 shares of the company’s common stock on May 31 ’24 at a price of $16.76 per share for a total of $0.65 million. Following the purchase, the insider now owns 1.41 million shares.
Life Time Group Holdings Inc disclosed in a document filed with the SEC on Mar 13 ’24 that Javaheri Parham (EVP &PRESIDENT CLUB OPERATIONS) sold a total of 33,816 shares of the company’s common stock. The trade occurred on Mar 13 ’24 and was made at $14.40 per share for $0.49 million. Following the transaction, the insider now directly holds 0.25 million shares of the LTH stock.
Still, SEC filings show that on Mar 05 ’24, Weaver Erik (SVP, INTERIM CFO & CONTROLLER) disposed off 860 shares at an average price of $13.77 for $11842.0. The insider now directly holds 65,528 shares of Life Time Group Holdings Inc (LTH).
