Life Time Group (LTH) to Release Earnings on Thursday

Life Time Group (NYSE:LTH - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Life Time Group to post earnings of $0.21 per share and revenue of $662.39 million for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.

Life Time Group Stock Performance

LTH stock traded down $1.05 on Friday, hitting $31.54. The company's stock had a trading volume of 804,374 shares, compared to its average volume of 1,817,638. The firm has a 50 day moving average of $26.67 and a two-hundred day moving average of $25.00. Life Time Group has a 1 year low of $11.89 and a 1 year high of $33.64. The stock has a market cap of $6.53 billion, a price-to-earnings ratio of 45.71, a price-to-earnings-growth ratio of 0.82 and a beta of 1.94. The company has a current ratio of 0.59, a quick ratio of 0.46 and a debt-to-equity ratio of 0.64.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Mizuho upped their price target on shares of Life Time Group from $32.00 to $38.00 and gave the company an "outperform" rating in a research report on Friday, January 24th. Northland Securities upped their price target on shares of Life Time Group from $29.00 to $31.50 and gave the company an "outperform" rating in a research report on Friday, January 17th. Oppenheimer upped their price target on shares of Life Time Group from $33.00 to $43.00 and gave the company an "outperform" rating in a research report on Thursday, January 23rd. Guggenheim reissued a "buy" rating and issued a $32.00 price objective (up from $29.00) on shares of Life Time Group in a research note on Friday, January 17th. Finally, Wells Fargo & Company boosted their price objective on shares of Life Time Group from $26.00 to $28.00 and gave the company an "equal weight" rating in a research note on Friday, January 17th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $31.77.

Insider Transactions at Life Time Group

In related news, CFO Erik Weaver sold 1,741 shares of the stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $29.62, for a total value of $51,568.42. Following the sale, the chief financial officer now directly owns 96,361 shares of the company's stock, valued at approximately $2,854,212.82. This represents a 1.77 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Ritadhwaja Jebens Singh sold 48,596 shares of the stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $28.00, for a total transaction of $1,360,688.00. Following the completion of the sale, the executive vice president now directly owns 143,030 shares in the company, valued at approximately $4,004,840. The trade was a 25.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 82,147 shares of company stock valued at $2,241,556 in the last ninety days. 12.50% of the stock is currently owned by company insiders.

Life Time Group Company Profile

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 of sports and athletic, professional fitness, family recreation, and spa centers in a resort-like environment, principally in suburban and urban locations of metropolitan areas.