In a remarkable display of market performance, Life Time Holdings (LTH) stock has soared to an all-time high, reaching a price level of $27.14. With a market capitalization of $5.2 billion, the company has caught analysts’ attention, with price targets ranging from $22 to $33 per share. According to InvestingPro analysis, the stock appears to be trading above its Fair Value. This milestone underscores a period of significant growth for the company, with the stock price doubling over the past year, marking an impressive 1-year change of 100.15%. InvestingPro data reveals the company maintains a “GOOD” overall financial health score of 2.93, with particularly strong growth and price momentum metrics. Investors have shown increasing confidence in Life Time Holdings, propelling the stock to new heights and reflecting optimism in the company’s future prospects and financial health. Discover 8 additional exclusive ProTips and comprehensive valuation metrics with an InvestingPro subscription, including the detailed Pro Research Report available for this and 1,400+ other US stocks.
In other recent news, Life Time Group Holdings (NYSE:), Inc. reported preliminary fourth quarter results that surpassed analyst expectations and issued an optimistic outlook for 2025. The company’s estimated total revenue for the fourth quarter of 2024 is projected to increase 18.5% to $661-$663 million, beating the analyst consensus of $643.74 million. Similarly, the adjusted diluted earnings per share (EPS) for the quarter is expected to rise to $0.24-$0.25, significantly above the $0.16 consensus estimate.
For the full year 2024, Life Time anticipates total revenue to grow 18.2% to $2,619-$2,621 million, exceeding the $2,600 million analyst forecast. Adjusted diluted EPS for 2024 is estimated to increase to $0.91-$0.92, outpacing the $0.79 consensus. Looking ahead to fiscal 2025, the company projects total revenue to climb 12.2% to $2,910-$2,970 million, well above the $2,800 million analyst consensus.
Life Time attributes these promising figures to growth in memberships, membership dues revenue, and in-center revenue, coupled with an efficient operating model that has led to expanding margins. The company plans to release its full fiscal year 2024 results soon. These are recent developments that investors should keep an eye on.
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