Life Time Group Holdings: Soft Growth Outlook, But Upside Remains Attractive
Life Time (LTH) Seeking Alpha·2024-03-19 02:22
Anchiy/E+ via Getty ImagesSummary Following my coverage of Life Time Group Holdings (NYSE:LTH), for which I recommended a buy rating as I believed the fundamentals were actually improving, this post is to provide an update on my thoughts on the business and stock. I reiterate my buy rating for LTH despite the lower growth outlook, as the upside remains attractive even with modest growth and multiple assumptions, given where the stock is trading today. LTH's underlying operating metrics and growth indica ...