Does Life Time Group Holdings (LTH) Have the Potential to Rally 54.09% as Wall Street Analysts Expect?

Core Viewpoint - Life Time Group Holdings, Inc. (LTH) has shown a 1.7% increase in share price over the past four weeks, closing at $25.9, with analysts suggesting a potential upside of 54.1% based on a mean price target of $39.91 [1]. Price Targets - The average price target consists of 11 estimates ranging from a low of $33.00 to a high of $45.00, with a standard deviation of $3.96, indicating a potential increase of 27.4% to 73.8% from the current price [2]. - A low standard deviation suggests a high degree of agreement among analysts regarding the stock's price movement, which can be a useful starting point for further research [9]. Analyst Sentiment - Analysts are optimistic about LTH's earnings prospects, as indicated by a consensus in revising earnings per share (EPS) estimates higher, which has historically correlated with stock price movements [11]. - Over the past 30 days, one estimate has increased while there have been no negative revisions, leading to a 1.6% increase in the Zacks Consensus Estimate for the current year [12]. Zacks Rank - LTH holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential for upside in the near term [13]. Conclusion on Price Targets - While the consensus price target may not be a reliable measure of the extent of LTH's potential gains, the implied direction of price movement appears to be a useful guide for investors [14].