Life Time (LTH)
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Life Time Group Holdings: Undervalued, And With Tailwinds Ahead
Seeking Alpha· 2024-08-30 10:03
wombatzaa/iStock via Getty Images Investment Thesis In my view, Life Time Group Holdings (NYSE:LTH) has a lot of tailwinds ahead as it is expanding its business to target high-end consumers and diversify its offerings. The company has also performed very well in recent years, with solid financial growth across important metrics. Furthermore, based on my own DCF analysis, I find that the stock is undervalued by the market. Thus, I recommend a buy rating on LTH. Company Overview Life Time is an American fitne ...
LTH vs. DOCS: Which Stock Is the Better Value Option?
ZACKS· 2024-08-28 16:41
Core Insights - Life Time Group Holdings, Inc. (LTH) has a Zacks Rank of 2 (Buy), indicating a more favorable earnings estimate revision compared to Doximity (DOCS), which has a Zacks Rank of 3 (Hold) [3] - LTH is identified as a superior value option based on various valuation metrics [7] Valuation Metrics - LTH has a forward P/E ratio of 32.89, while DOCS has a forward P/E of 35.03 [5] - The PEG ratio for LTH is 2.37, compared to DOCS's PEG ratio of 3.90, indicating LTH's better valuation relative to its expected earnings growth [5] - LTH's P/B ratio is 2.06, significantly lower than DOCS's P/B ratio of 7.47, suggesting LTH is more undervalued [6] - These metrics contribute to LTH's Value grade of A and DOCS's Value grade of D [6] Earnings Outlook - LTH is currently experiencing an improving earnings outlook, which enhances its attractiveness in the Zacks Rank model [7]
Life Time to Expand in Austin, Texas with Luxurious South Lamar Athletic Country Club; Mid-2025 Opening Expected
Prnewswire· 2024-08-27 20:00
Core Insights - Life Time is set to open a new athletic country club in the South Lamar neighborhood of Austin, Texas, as part of a four-acre mixed-use development called The Bouldin, with an anticipated opening in mid- to late-2025 [1][2]. Company Expansion - This new location will be Life Time's fifth in Austin and the 34th in Texas, reflecting the company's growth in the region since entering the Austin market in 2005 [4][6]. - Life Time operates over 30 athletic country clubs across Texas, including markets in Austin, Houston, Dallas-Fort Worth, and San Antonio [6]. Facility Features - The new 57,700-square-foot club will occupy the first two floors of a four-story building, featuring recovery and rejuvenation spaces, a full bar and social lounge, and various training programs [3]. - The first floor will include a spacious training and cardio area, while the second floor will house the LifeCafe restaurant, Kids Academy, group class studios, and an elevated bath house with panoramic views [4]. Development Context - The Bouldin project will also include over 300 Class A multi-family units, two restaurants, a retail and office building, and underground parking, enhancing convenience for Life Time members and local residents [5].
Fun is Essential to Healthy Living: Life Time's Experience Life Magazine Highlights SPARK Formula for Experiencing Daily Joy
Prnewswire· 2024-08-26 19:01
The easy acronym can help people have more fun in the day-to-day CHANHASSEN, Minn., Aug. 26, 2024 /PRNewswire/ -- With 27% of Americans saying they are too stressed to function, and approximately 20% experiencing forgetfulness or difficulty making decisions when stressed according to a 2022 study, having fun in daily life has never been more important. Experience Life magazine, published by Life Time (NYSE: LTH), wants to help everyone make more space for fun in their lives and suggests building on the easy ...
Life Time Hosting National Livestream Pickleball Event with Andre Agassi on Monday, Aug 19 at 6:30pm ET Via Complimentary Life Time App
Prnewswire· 2024-08-19 19:59
Live from Life Time PENN 1 in NYC, everyone can tune in for pickleball play with top players using new LT – The Ultimate Pickleball NEW YORK, Aug. 19, 2024 /PRNewswire/ -- Tennis icon Andre Agassi will be taking to NYC's premier pickleball courts at Life Time PENN 1 in New York City on Monday night, Aug. 19, for exhibition play with some of the country's top-rated pros. And, in a first for the company, everyone can watch live on their mobile devices via Life Time's (NYSE: LTH) complimentary digital app avai ...
Life Time Announces Pricing of Public Offering of 12,000,000 Shares of Common Stock
Prnewswire· 2024-08-13 00:48
CHANHASSEN, Minn., Aug. 12, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. (NYSE: LTH) ("Life Time" or the "Company") announced today the pricing of the previously announced underwritten public offering of 12,000,000 shares of the Company's common stock held by the Company and certain of its existing stockholders (the "Selling Stockholders") at a price to the public of $21.75 per share. The underwriters in the offering will have a 30-day option to purchase up to an additional 1,800,000 shares of common ...
Life Time Announces Commencement of Public Offering of 12,000,000 Shares of Common Stock
Prnewswire· 2024-08-12 11:10
CHANHASSEN, Minn., Aug. 12, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. (NYSE: LTH) ("Life Time" or the "Company") announced today that the Company and certain of its existing stockholders (the "Selling Stockholders") intend to offer and sell 6,000,000 shares and 6,000,000 shares, respectively, of the Company's common stock in an underwritten public offering pursuant to Life Time's shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). The underwriters in the off ...
Earnings Estimates Moving Higher for Life Time Group Holdings (LTH): Time to Buy?
ZACKS· 2024-08-09 17:21
Core Insights - Life Time Group Holdings, Inc. (LTH) shows a significant improvement in earnings outlook, making it an attractive investment option [1] - Analysts are increasingly optimistic about the company's earnings prospects, as reflected in the upward trend of earnings estimate revisions [2] - The Zacks Rank system indicates that LTH is currently rated as Zacks Rank 2 (Buy), suggesting strong potential for outperformance [6] Current-Quarter Estimate Revisions - The expected earnings per share for the current quarter is $0.18, representing a year-over-year increase of +38.46% [4] - The Zacks Consensus Estimate for the current quarter has risen by 8.11% over the last 30 days, with three estimates increasing and no negative revisions [4] Current-Year Estimate Revisions - For the full year, the expected earnings per share is $0.74, indicating a +100% change from the previous year [5] - The consensus estimate for the current year has increased by 22.46%, with four estimates moving higher and no negative revisions [5] Performance and Market Sentiment - Life Time Group Holdings shares have appreciated by 25% over the past four weeks, indicating strong investor confidence in the company's earnings growth prospects [7]
Life Time is creating its own pickleball as the sport booms
CNBC· 2024-08-09 13:00
Tired of playing with pickleballs he found inconsistent in bounce and durability, Life Time's founder and CEO Bahram Akradi decided to take matters into his own hands. On Friday, the upscale fitness and lifestyle company announced it has created what it dubs "the ultimate pickleball." Life Time will debut the ball exclusively at the company's clubs later this month. "This was a problem with the sport and it needed to be solved, so we basically stepped in and solved it," Akradi said. Akradi has gone all in o ...
Life Time Files Patent, Announces The Ultimate Pickleball
Prnewswire· 2024-08-09 13:00
Life Time Founder, Chairman and CEO spearheads new ball for better play, consistency and durability CHANHASSEN, Minn., Aug. 9, 2024 /PRNewswire/ -- Life Time, which continues to be at the forefront of the fastest-growing sport in America, today announced it has filed a patent for The Ultimate Pickleball. Designed to address common issues of inconsistent speed, bounce and durability, the new patent-pending ball will be unveiled during an exclusive event featuring tennis legend and pickleball fan, Andre Agass ...