
Life Time Group Holdings, Inc. (NYSE:LTH – Free Report) – Equities researchers at Northland Securities upped their FY2026 earnings estimates for shares of Life Time Group in a research note issued to investors on Friday, October 30th. Northland Securities analyst O. Rickert now anticipates that the company will post earnings of $1.61 per share for the year, up from their previous estimate of $1.56. The consensus estimate for Life Time Group’s current full-year earnings is $1.59 per share. Northland Securities also issued estimates for Life Time Group’s FY2027 earnings at $1.71 EPS.
A number of other equities research analysts also recently issued reports on the stock. Royal Bank Of Canada lifted their price target on shares of Life Time Group from $50.00 to $60.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Wells Fargo & Company raised their price objective on Life Time Group from $51.00 to $53.00 and gave the company an “overweight” rating in a research note on Friday, October 30th. Barclays started coverage on Life Time Group in a report on Monday, October 26th. They set an “overweight” rating and a $51.00 price objective for the company. Deutsche Bank Aktiengesellschaft set a $54.00 target price on Life Time Group in a research report on Friday, July 31st. Finally, Morgan Stanley boosted their target price on Life Time Group from $53.00 to $54.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 27th. Fifteen equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Life Time Group currently has an average rating of “Moderate Buy” and a consensus price target of $56.14.
Check Out Our Latest Stock Analysis on Life Time Group
Life Time Group Stock Up 1.8%
LTH stock opened at $44.63 on Wednesday. The company has a current ratio of 0.73, a quick ratio of 0.63 and a debt-to-equity ratio of 0.42. The company’s 50-day moving average price is $41.64 and its 200 day moving average price is $35.41. Life Time Group has a 52 week low of $24.14 and a 52 week high of $47.32. The company has a market cap of $10.02 billion, a P/E ratio of 27.73, a P/E/G ratio of 1.41 and a beta of 1.46.
Life Time Group (NYSE:LTH – Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.10. The business had revenue of $893.52 million during the quarter, compared to the consensus estimate of $874.98 million. Life Time Group had a net margin of 12.72% and a return on equity of 11.01%. The business’s revenue was up 14.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.41 EPS.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its holdings in shares of Life Time Group by 15.2% during the first quarter. Dimensional Fund Advisors LP now owns 8,090,037 shares of the company’s stock worth $217,929,000 after buying an additional 1,068,208 shares in the last quarter. Nippon Life Global Investors Americas Inc. purchased a new position in shares of Life Time Group during the third quarter valued at approximately $22,496,000. The Manufacturers Life Insurance Company lifted its stake in shares of Life Time Group by 38.7% during the first quarter. The Manufacturers Life Insurance Company now owns 1,745,768 shares of the company’s stock valued at $47,031,000 after buying an additional 487,478 shares during the period. Ranger Investment Management L.P. purchased a new position in shares of Life Time Group during the second quarter valued at approximately $16,302,000. Finally, Principal Financial Group Inc. boosted its position in Life Time Group by 18.1% during the first quarter. Principal Financial Group Inc. now owns 2,589,462 shares of the company’s stock worth $69,760,000 after acquiring an additional 397,248 shares during the last quarter. 79.40% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Life Time Group
In other news, CFO Erik Weaver sold 6,713 shares of the stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $44.83, for a total value of $300,943.79. Following the sale, the chief financial officer directly owned 76,418 shares in the company, valued at $3,425,818.94. This represents a 8.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John G. Danhakl sold 2,879,154 shares of the stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $43.80, for a total transaction of $126,106,945.20. Following the completion of the sale, the director owned 3,029,450 shares in the company, valued at $132,689,910. This represents a 48.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 6,214,115 shares of company stock valued at $272,178,518 in the last quarter. 13.30% of the stock is owned by corporate insiders.
About Life Time Group
Life Time Group Holdings, Inc (NYSE: LTH) operates a network of luxury athletic country clubs in the United States and Canada. The company’s facilities combine fitness, sports, health, and wellness services in an integrated club environment designed for individuals and families.
Life Time clubs typically offer cardiovascular and strength-training equipment, group fitness classes, personal training, indoor and outdoor pools, tennis, pickleball, basketball, and other athletic programs. Many locations also provide childcare, spas, cafés, workspaces, recovery services, and specialized programs for children, older adults, and other member groups.
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