While Life Time Group Holdings Inc has underperformed by -1.65%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LTH rose by 71.35%, with highs and lows ranging from $27.11 to $11.10, whereas the simple moving average jumped by 42.96% in the last 200 days.
On July 19, 2024, Craig Hallum started tracking Life Time Group Holdings Inc (NYSE: LTH) recommending Buy. A report published by Northland Capital on April 23, 2024, Initiated its previous ‘Outperform’ rating for LTH. Wells Fargo also Upgraded LTH shares as ‘Equal Weight’, setting a target price of $17 on the company’s shares in a report dated October 04, 2023. Morgan Stanley Initiated an Equal-Weight rating on September 27, 2023, and assigned a price target of $18. Wells Fargo August 11, 2022d its ‘Equal Weight’ rating to ‘Underweight’ for LTH, as published in its report on August 11, 2022. Wells Fargo’s report from November 01, 2021 suggests a price prediction of $19 for LTH shares, giving the stock a ‘Equal Weight’ rating. RBC Capital Mkts also rated the stock as ‘Outperform’.
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Analysis of Life Time Group Holdings Inc (LTH)
Further, the quarter-over-quarter increase in sales is 18.46%, 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 4.79% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.32, 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 1.73M. On a monthly basis, the volatility of the stock is set at 3.20%, whereas on a weekly basis, it is put at 3.88%, with a gain of 2.52% over the past seven days. Furthermore, long-term investors anticipate a median target price of $27.88, showing growth from the present price of $25.60, 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?
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 65.76%. 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 30.39% 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 30.39% at present.