Life Time Group Holdings Inc (LTH) is expecting 2.09% growth in the next quarter: What can investors do to maximize their returns?

Life Time Group Holdings Inc (NYSE: LTH) kicked off on Tuesday, up 3.90% from the previous trading day, before settling in for the closing price of $14.10. Over the past 52 weeks, LTH has traded in a range of $11.10-$22.41.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 11.48%. While this was happening, its average annual earnings per share was recorded 59.60%. With a float of $57.21 million, this company’s outstanding shares have now reached $196.67 million.

Considering the fact that the conglomerate employs 37000 people, you should pay attention to its efficiency factor.

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 70.91%, while institutional ownership is 21.96%. The most recent insider transaction that took place on Mar 13 ’24, was worth 486,947. In this transaction EVP &PRESIDENT CLUB OPERATIONS of this company sold 33,816 shares at a rate of $14.40, taking the stock ownership to the 253,893 shares. Before that another transaction happened on Mar 05 ’24, when Company’s SVP, INTERIM CFO & CONTROLLER sold 860 for $13.77, making the entire transaction worth $11,842. This insider now owns 65,528 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 12/31/2023, the organization reported 0.14 earnings per share (EPS), higher than consensus estimate (set at 0.06) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 59.60% 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 0.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.30.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.37, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 0.75 in one year’s time.

Technical Analysis of Life Time Group Holdings Inc (LTH)

Compared to the last year’s volume of 0.76 million, its volume of 0.58 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 48.50%. Additionally, its Average True Range was 0.51.

During the past 100 days, Life Time Group Holdings Inc’s (LTH) raw stochastic average was set at 65.71%, which indicates a significant increase from 56.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.82% in the past 14 days, which was lower than the 42.62% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.07, while its 200-day Moving Average is $15.15. Nevertheless, the first resistance level for the watch stands at $14.87 in the near term. At $15.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.42. If the price goes on to break the first support level at $14.33, it is likely to go to the next support level at $14.01. Should the price break the second support level, the third support level stands at $13.78.

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

The company with the Market Capitalisation of 2.88 billion has total of 196,705K Shares Outstanding. Its annual sales at the moment are 2,217 M in contrast with the sum of 76,060 K annual income. Company’s last quarter sales were recorded 558,830 K and last quarter income was 23,680 K.