Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
Life Time Group Holdings, Inc. (NYSE:LTH – Get Rating) has received an average recommendation of “Hold” from the eight research firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $17.50.
Several analysts have weighed in on the stock. Guggenheim decreased their price objective on shares of Life Time Group to $15.00 in a research note on Wednesday, November 16th. Morgan Stanley decreased their price target on shares of Life Time Group from $16.00 to $15.00 and set an “equal weight” rating on the stock in a research note on Friday, November 11th. Oppenheimer decreased their price target on shares of Life Time Group from $40.00 to $33.00 in a research note on Thursday, November 10th. Royal Bank of Canada decreased their price target on shares of Life Time Group from $18.00 to $14.00 and set an “outperform” rating on the stock in a research note on Thursday, November 10th. Finally, Wells Fargo & Company decreased their price target on shares of Life Time Group from $13.00 to $12.00 and set an “underweight” rating on the stock in a research note on Thursday, November 10th.
Life Time Group Price Performance
Shares of Life Time Group stock opened at $12.81 on Friday. The company has a current ratio of 0.46, a quick ratio of 0.36 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of -7.40 and a beta of 1.21. Life Time Group has a 1-year low of $8.75 and a 1-year high of $17.80. The firm’s 50-day moving average price is $12.07 and its two-hundred day moving average price is $12.39.
Hedge Funds Weigh In On Life Time Group
Large investors have recently bought and sold shares of the business. Quantbot Technologies LP acquired a new position in Life Time Group in the third quarter valued at approximately $30,000. Assetmark Inc. lifted its holdings in Life Time Group by 158.1% in the second quarter. Assetmark Inc. now owns 4,293 shares of the company’s stock valued at $55,000 after buying an additional 2,630 shares during the period. UBS Group AG raised its holdings in Life Time Group by 88.4% in the first quarter. UBS Group AG now owns 4,682 shares of the company’s stock worth $68,000 after purchasing an additional 2,197 shares during the period. Amalgamated Bank acquired a new stake in Life Time Group in the first quarter worth $82,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Life Time Group in the third quarter worth $55,000. 72.54% of the stock is currently owned by institutional investors and hedge funds.
About Life Time Group
(Get Rating)
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 sports and athletic, professional fitness, family recreation, and spa centers in a resort-like environment, principally in suburban and urban locations of metropolitan areas.
Further Reading
- Get a free copy of the StockNews.com research report on Life Time Group (LTH)
- MarketBeat: Week in Review 01/02-01/06
- Why is the CrowdStrike Stock Price Struggling?
- Four Undervalued Healthcare Stocks for 2023
- WWE Stock: Vince McMahon Wants Back In The Show
- NVIDIA Is Bottoming But Don’t Buy It Just Yet
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Life Time Group, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Life Time Group wasn’t on the list.
While Life Time Group currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we’ll send you MarketBeat’s list of the 10 best stocks to own in 2023 and why they should be in your portfolio.
If a company’s CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
As Featured By:
326 E 8th St #105, Sioux Falls, SD 57103
contact@marketbeat.com
(844) 978-6257
© American Consumer News, LLC dba MarketBeat® 2010-2023. All rights reserved.
© 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.
