$945.88K in average volume shows that Life Time Group Holdings Inc. (LTH) is heading in the right direction

Life Time Group Holdings Inc. (NYSE: LTH) kicked off on May 22, 2023, at the price of $19.70, up 3.68% from the previous trading day. During the day, the shares moved up to $20.72 and dropped to $19.56 before settling in for the closing price of $19.59. Over the past 52 weeks, LTH has traded in a range of $8.75-$21.39.

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While this was happening, its average annual earnings per share was recorded 99.70%. With a float of $166.25 million, this company’s outstanding shares have now reached $194.19 million.

The firm has a total of 8800 workers. Let’s measure their productivity. In terms of profitability, gross margin is +26.04, operating margin of +1.01, and the pretax margin is -0.14.

Life Time Group Holdings Inc. (LTH) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Leisure Industry. The insider ownership of Life Time Group Holdings Inc. is 3.00%, while institutional ownership is 85.70%. The most recent insider transaction that took place on Apr 05, was worth 172. In this transaction member of a group that is 10% of this company bought 11 shares at a rate of $15.68, taking the stock ownership to the 5,203,581 shares. Before that another transaction happened on Mar 03, when Company’s SVP & CONTROLLER sold 1,002 for $18.54, making the entire transaction worth $18,577. This insider now owns 71,369 shares in total.

Life Time Group Holdings Inc. (LTH) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 3/30/2023, the organization reported $0.14 earnings per share (EPS), higher than consensus estimate (set at $0.06) by $0.08. This company achieved a net margin of -0.10 while generating a return on equity of -0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 99.70% per share during the next fiscal year.

Life Time Group Holdings Inc. (NYSE: LTH) Trading Performance Indicators

Take a look at Life Time Group Holdings Inc.’s (LTH) current performance indicators. Last quarter, stock had a quick ratio of 0.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.01, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.60 in one year’s time.

Technical Analysis of Life Time Group Holdings Inc. (LTH)

Analysing the last 5-days average volume posted by the [Life Time Group Holdings Inc., LTH], we can find that recorded value of 0.98 million was better than the volume posted last year of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 56.08%. Additionally, its Average True Range was 0.88.

During the past 100 days, Life Time Group Holdings Inc.’s (LTH) raw stochastic average was set at 88.99%, which indicates a significant increase from 72.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.49% in the past 14 days, which was lower than the 47.22% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.80, while its 200-day Moving Average is $14.75. Now, the first resistance to watch is $20.83. This is followed by the second major resistance level at $21.36. The third major resistance level sits at $21.99. If the price goes on to break the first support level at $19.67, it is likely to go to the next support level at $19.04. Should the price break the second support level, the third support level stands at $18.51.

Life Time Group Holdings Inc. (NYSE: LTH) Key Stats

The company with the Market Capitalisation of 4.05 billion has total of 195,038K Shares Outstanding. Its annual sales at the moment are 1,823 M in contrast with the sum of -1,790 K annual income. Company’s last quarter sales were recorded 510,850 K and last quarter income was 27,460 K.