While Life Time Group Holdings Inc has underperformed by -3.69%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LTH fell by -24.83%, with highs and lows ranging from $22.41 to $11.10, whereas the simple moving average fell by -6.68% in the last 200 days.
On April 23, 2024, Northland Capital started tracking Life Time Group Holdings Inc (NYSE: LTH) recommending Outperform. A report published by Wells Fargo on October 04, 2023, Upgraded its rating to ‘Equal Weight’ for LTH. Morgan Stanley also rated LTH shares as ‘Equal-Weight’, setting a target price of $18 on the company’s shares in an initiating report dated September 27, 2023. Wells Fargo August 11, 2022d the rating to Underweight on August 11, 2022, and set its price target from $15 to $13. Wells Fargo initiated its ‘Equal Weight’ rating for LTH, as published in its report on November 01, 2021. RBC Capital Mkts’s report from November 01, 2021 suggests a price prediction of $21 for LTH shares, giving the stock a ‘Outperform’ rating. Oppenheimer also rated the stock as ‘Outperform’.
Analysis of Life Time Group Holdings Inc (LTH)
Further, the quarter-over-quarter increase in sales is 18.23%, showing a positive trend in the upcoming months.
Life Time Group Holdings Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of 3.47% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.22, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and LTH has an average volume of 815.51K. On a monthly basis, the volatility of the stock is set at 3.04%, whereas on a weekly basis, it is put at 2.64%, with a gain of 0.71% over the past seven days. Furthermore, long-term investors anticipate a median target price of $20.98, showing growth from the present price of $14.11, which can serve as yet another indication of whether LTH is worth investing in or should be passed over.
How Do You Analyze Life Time Group Holdings Inc Shares?
Leisure giant Life Time Group Holdings Inc (LTH) is based in the USA and is one of the largest companies in the market. When comparing Life Time Group Holdings Inc shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 37.77, there is a growth in quarterly earnings of 66.52%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 70.91%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 21.96% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
LTH shares are owned by institutional investors to the tune of 21.96% at present.
