Life Time Group Holdings (LTH) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Here is how Life Time Group Holdings, Inc. (LTH) and Sportradar Group AG (SRAD) have performed compared to their sector so far this year.
Life Time Group Holdings (LTH) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Northland names Life Time Group as a top pick for 2025, calling 2024 "a stellar year" in which the company posted a beat and raise each quarter along with making significant progress with opening new locations in key geographies. The firm is "highly confident" in Life Time's ability to deliver on its ambitious growth plans for 2025, with "impressive progress on its leverage targets," adds the analyst, who has an Outperform rating and $29 price target on the shares.
BMO Capital raised the firm's price target on Lithium Ionic to C$2 from C$1.25 and keeps an Outperform rating on the shares. The company announced a non-binding letter of intent from the U.S. Export-Import Bank for up to $266M in debt financing for its Bandeira project, which covers the full capex estimate outlined in the May feasibility study, the analyst tells investors in a research note. The firm says the debt financing minimizes Lithium Ionic's future equity dilution.
Life Time Group Holdings is a prime "growth at a reasonable price candidate" offering ~15% revenue/EBITDA growth at an ~8x forward adjusted EBITDA multiple. Life Time is transitioning to a capital-light model, focusing on leased or co-developed clubs to facilitate broader U.S. expansion. The company is currently growing revenue at a ~20% y/y pace, with significant expansion opportunity within its base of current clubs through more premium memberships and market pricing.
Life Time Group Holdings, Inc. (NYSE:LTH ) Q3 2024 Results Conference Call October 24, 2024 10:00 AM ET Company Participants Ken Cooper - Investor Relations Bahram Akradi - Founder, Chairman and CEO Erik Weaver - SVP, Interim CFO and CAO Conference Call Participants Brian Nagel - Oppenheimer John Heinbockel - Guggenheim Securities Megan Alexander - Morgan Stanley Chris Woronka - Deutsche Bank Michael Hirsch - Wells Fargo Alex Perry - Bank of America Alex Fuhrman - Craig-Hallum Owen Rickert - Rockland Capital Markets Logan Reich - RBC Capital Markets Operator Greetings, and welcome to the Life Time Group Holdings, Inc. Q3 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Life Time Group Holdings (LTH) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Life Time Group Holdings, Inc. (LTH) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.13 per share a year ago.
Investors with an interest in Medical Services stocks have likely encountered both Life Time Group Holdings, Inc. (LTH) and PACS Group, Inc. (PACS). But which of these two companies is the best option for those looking for undervalued stocks?
The pandemic sent the personal fitness market on a roller coaster ride.
Investors interested in Medical Services stocks are likely familiar with Life Time Group Holdings, Inc. (LTH) and PACS Group, Inc. (PACS). But which of these two stocks offers value investors a better bang for their buck right now?