Life Time Group (NYSE:LTH – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.410-1.440 for the period, compared to the consensus estimate of 1.380. The company issued revenue guidance of $3.0 billion-$3.0 billion, compared to the consensus revenue estimate of $3.0 billion. Life Time Group also updated its FY 2026 guidance to EPS.
Analyst Ratings Changes
LTH has been the topic of several research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Life Time Group in a research report on Wednesday, October 8th. UBS Group set a $48.00 target price on Life Time Group in a report on Friday, October 17th. Zacks Research lowered Life Time Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 26th. Finally, Morgan Stanley dropped their price target on Life Time Group from $39.00 to $37.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 12th. Ten equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $37.00.
Check Out Our Latest Stock Analysis on LTH
Life Time Group Trading Up 4.5%
Life Time Group (NYSE:LTH – Get Free Report) last issued its earnings results on Tuesday, November 4th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.07. The company had revenue of $782.65 million for the quarter, compared to analyst estimates of $770.93 million. Life Time Group had a return on equity of 9.75% and a net margin of 9.91%. As a group, sell-side analysts anticipate that Life Time Group will post 0.74 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Life Time Group news, EVP Eric J. Buss sold 162,722 shares of the company’s stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $28.04, for a total transaction of $4,562,724.88. Following the completion of the sale, the executive vice president directly owned 380,683 shares in the company, valued at $10,674,351.32. This represents a 29.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 8.70% of the stock is currently owned by corporate insiders.
Institutional Trading of Life Time Group
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wellington Management Group LLP increased its position in Life Time Group by 129.3% in the 3rd quarter. Wellington Management Group LLP now owns 5,828,546 shares of the company’s stock worth $160,868,000 after buying an additional 3,286,229 shares during the period. Bank of America Corp DE boosted its position in shares of Life Time Group by 102.1% in the third quarter. Bank of America Corp DE now owns 4,268,011 shares of the company’s stock valued at $117,797,000 after acquiring an additional 2,156,033 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Life Time Group by 41.3% in the second quarter. Ameriprise Financial Inc. now owns 7,157,957 shares of the company’s stock worth $216,644,000 after acquiring an additional 2,091,712 shares during the last quarter. Balyasny Asset Management L.P. increased its position in Life Time Group by 2,328.1% during the second quarter. Balyasny Asset Management L.P. now owns 1,852,117 shares of the company’s stock worth $56,175,000 after acquiring an additional 1,775,837 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in Life Time Group by 143.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,422,304 shares of the company’s stock valued at $73,154,000 after purchasing an additional 1,428,446 shares during the period. Institutional investors and hedge funds own 79.40% of the company’s stock.
About Life Time Group
Life Time Group (NYSE: LTH) is a premier operator of health, fitness and lifestyle centers across North America. The company’s core business encompasses the development, ownership and management of premium athletic resorts that integrate state-of-the-art fitness facilities, group exercise studios, indoor and outdoor pools, running tracks, and spa and salon services. In addition to its brick-and-mortar clubs, Life Time offers a digital platform featuring on-demand and live-streamed workouts, personalized training programs and nutrition guidance, enabling members to pursue their wellness goals both at home and on the go.
Founded in 1992 and headquartered in Chanhassen, Minnesota, Life Time has grown from a single Minnesota health club into a network of more than 160 locations across the United States and Canada.
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