Life Time Group Holdings Inc (NYSE: LTH) is 61.67% higher on its value in year-to-date trading and has touched a low of $11.89 and a high of $27.11 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 $24.15 in the last trading session, with the day’s gains setting it 0.23%.
Currently trading at $24.38, the stock is 2.83% and -0.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing 0.95% at the moment leaves the stock 26.86% off its SMA200. LTH registered 64.84% gain for a year compared to 6-month gain of 52.37%. The firm has a 50-day simple moving average (SMA 50) of $24.4428 and a 200-day simple moving average (SMA200) of $19.16265.
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The stock witnessed a -3.71% loss in the last 1 month and extending the period to 3 months gives it a -1.97%, and is 2.35% 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 3.10% over the week and 3.15% over the month.
Life Time Group Holdings Inc (LTH) has around 37000 employees, a market worth around $5.05B and $2.52B in sales. Current P/E ratio is 35.42 and Fwd P/E is 25.69. Profit margin for the company is 5.67%. Distance from 52-week low is 105.05% and -10.09% from its 52-week high. The company has generated returns on investments over the last 12 months (2.16%).
The EPS is expected to grow by 82.97% this year
263.0 institutions hold shares in Life Time Group Holdings Inc (LTH), with institutional investors hold 94.99% of the company’s shares. The shares outstanding are 196.67M, and float is at 80.53M with Short Float at 6.18%. Institutions hold 82.89% of the Float.
The top institutional shareholder in the company is LEONARD GREEN & PARTNERS, L.P. with over 58.74 million shares valued at $1.11 billion. The investor’s holdings represent 29.7429 of the LTH Shares outstanding. As of 2024-06-30, the second largest holder is TPG GP A, LLC with 43.07 million shares valued at $811.0 million to account for 21.8077 of the shares outstanding. The other top investors are MSD CAPITAL L P which holds 11.7 million shares representing 5.9216 and valued at over $220.22 million, while VANGUARD GROUP INC holds 3.243 of the shares totaling 6.4 million with a market value of $120.6 million.
Life Time Group Holdings Inc (LTH) Insider Activity
The most recent transaction is an insider sale by TPG GP A, LLC, the company’s 10% Owner. SEC filings show that TPG GP A, LLC sold 2,678,525 shares of the company’s common stock on Nov 11 ’24 at a price of $24.18 per share for a total of $64.77 million. Following the sale, the insider now owns 36.82 million shares.
Life Time Group Holdings Inc disclosed in a document filed with the SEC on Nov 11 ’24 that Partners Group Private Equity (Member of 10% Owner Group) sold a total of 402,127 shares of the company’s common stock. The trade occurred on Nov 11 ’24 and was made at $24.18 per share for $9.72 million. Following the transaction, the insider now directly holds 5.53 million shares of the LTH stock.
Still, SEC filings show that on Nov 11 ’24, DANHAKL JOHN G (Director) disposed off 3,741,394 shares at an average price of $24.18 for $90.47 million. The insider now directly holds 51,425,306 shares of Life Time Group Holdings Inc (LTH).
