Life Time (LTH)

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What Makes Life Time Group Holdings (LTH) a New Strong Buy Stock
ZACKS· 2024-10-24 17:02
Life Time Group Holdings, Inc. (LTH) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by ...
Life Time Group Holdings, Inc. (LTH) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-24 12:55
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 23.81%. A quarter ago, it was expected that this company would post earnings of $0.16 per share when it actually produced earnings of $0.25, delivering a surprise of 56.25%.Over the last four quarters ...
Life Time Announces Pricing of Upsized Private Offering of $500 Million of Senior Secured Notes Due 2031
Prnewswire· 2024-10-23 11:32
CHANHASSEN, Minn., Oct. 23, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. (NYSE: LTH) ("Life Time" or the "Company") announced today that its indirect subsidiary, Life Time, Inc. (the "Issuer"), priced its previously announced private offering (the "Offering") of $500 million in aggregate principal amount of 6.000% senior secured notes due 2031 (the "Notes"). The Offering was upsized from $400 million to $500 million in aggregate principal amount. The Notes will pay interest on a semi-annual basis. Th ...
LTH vs. PACS: Which Stock Is the Better Value Option?
ZACKS· 2024-10-18 16:45
Core Insights - Life Time Group Holdings, Inc. (LTH) is currently rated as a 1 (Strong Buy) by Zacks Rank, indicating strong earnings estimate revision trends, while PACS Group, Inc. (PACS) holds a 3 (Hold) rating, suggesting a less favorable outlook for PACS [1] Valuation Metrics - LTH has a forward P/E ratio of 33.09, compared to PACS's forward P/E of 40.15, indicating LTH may be more attractively priced relative to its earnings [2] - The PEG ratio for LTH is 2.46, while PACS has a PEG ratio of 2.68, suggesting LTH's expected earnings growth is more favorable [2] - LTH's P/B ratio stands at 2.12, significantly lower than PACS's P/B ratio of 10.90, indicating LTH's market value is more aligned with its book value [2] Value Grades - LTH has received a Value grade of B, while PACS has a Value grade of C, reflecting LTH's stronger estimate revision activity and more attractive valuation metrics [3]
Life Time Expands Relationship with National Academy of Sports Medicine to Support Rapid Growth in Personal Training and Group Coaching
Prnewswire· 2024-10-17 12:00
CHANHASSEN, Minn., Oct. 17, 2024 /PRNewswire/ -- Life Time (NYSE: LTH) today announced the renewal of its long-standing alliance with the National Academy of Sports Medicine (NASM), continuing its commitment to professional development opportunities for its dynamic personal trainers, stretch specialists and group fitness instructors. Life Time is currently one of the largest employers in the training and group fitness space with more than 3,500 personal trainers, stretch specialists and Pilates instructors, ...
Life Time Reports Preliminary Estimated Third Quarter 2024 Financial Results; Launches Process to Refinance its Existing Notes
Prnewswire· 2024-10-15 12:02
Total revenue estimated to be $693.2 million, an increase of 18.5% over the prior year quarter Net income estimated to be $41.4 million, an increase of 422.5% over the prior year quarter Adjusted net income estimated to be $56.3 million, an increase of 110.9% over the prior year quarter Adjusted EBITDA estimated to be $180.3 million, an increase of 26.1% over the prior year quarter Reduced net debt leverage ratio to an estimated 2.4 times Expected to deliver second consecutive quarter of positive free cash ...
Life Time Celebrates World Pickleball Day on October 10th Surpassing 750 Pickleball Courts and Continued Explosive Growth
Prnewswire· 2024-10-10 11:15
CHANHASSEN, Minn., Oct. 10, 2024 /PRNewswire/ -- As pickleball continues its meteoric rise as the fastestgrowing sport in America, Life Time (NYSE: LTH) is marking World Pickleball Day on October 10 by surpassing more than 750 permanent courts built at its athletic country clubs across North America, with hundreds more planned and under development. From the picturesque courts at Life Time Rancho San Clemente, Calif. (pictured) to the new pickleballfocused destination in Chanhassen, Minn. featuring indoor a ...
Keep Moving Together: Eight Ways for Families to Stay Active and Connected
Prnewswire· 2024-10-03 15:44
Latest issue of Experience Life magazine offers 100 big and small ideas to be active together CHANHASSEN, Minn., Oct. 3, 2024 /PRNewswire/ -- With families adjusting to the busyness of fall and back-to-school routines, finding time to stay active and maintain connection is more important than ever. To inspire families, Experience Life magazine, published by Life Time (NYSE: LTH), offers 100 ideas to incorporate more physical activity into their daily routines, fostering healthier, happier lives. The ideas f ...
Life Time to Report Third Quarter 2024 Financial Results on October 24, 2024
Prnewswire· 2024-10-02 17:43
CHANHASSEN, Minn., Oct. 2, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) today announced that its financial results for third quarter 2024 will be released before market open on Thursday, October 24, 2024. The Company will host a conference call at 10:00 a.m. ET the same day to discuss the results and provide a business update. How to Participate: Date: Thursday, October 24, 2024 Time: 10:00 a.m. ET (9:00 a.m. CT) U.S. dial-in number: 1-877-451-6152 Internati ...
Life Time Closes on $65 Million in Sale-Leaseback Transactions
Prnewswire· 2024-09-30 20:51
CHANHASSEN, Minn., Sept. 30, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time," "we," "our," "us," or the "Company") (NYSE: LTH) today announced that it has closed on two sale-leaseback transactions for two properties for approximately $65 million in gross proceeds. Terms were similar to recent transactions. Additional details were not disclosed. These transactions bring the Company's total gross proceeds from sale-leasebacks to approximately $213 million year-to-date. Erik Weaver, Executive ...