Wall Street brokerages expect Life Time Group Holdings Inc (NYSE:LTH) to announce sales of $354.63 million for the current quarter, according to Zacks. Two analysts have made estimates for Life Time Group’s earnings. The highest sales estimate is $357.99 million and the lowest is $351.27 million. The business is scheduled to announce its next quarterly earnings results on Thursday, January 27th.
On average, analysts expect that Life Time Group will report full year sales of $1.31 billion for the current fiscal year, with estimates ranging from $1.31 billion to $1.32 billion. For the next financial year, analysts expect that the firm will post sales of $1.96 billion, with estimates ranging from $1.94 billion to $1.97 billion. Zacks’ sales averages are an average based on a survey of sell-side analysts that that provide coverage for Life Time Group.
LTH has been the topic of several recent research reports. Mizuho started coverage on shares of Life Time Group in a report on Monday, November 1st. They set a “buy” rating and a $24.00 target price on the stock. Royal Bank of Canada started coverage on shares of Life Time Group in a research report on Monday, November 1st. They set an “outperform” rating and a $21.00 price target for the company. Morgan Stanley started coverage on shares of Life Time Group in a research report on Monday, November 1st. They set an “equal weight” rating and a $21.00 price target for the company. BMO Capital Markets assumed coverage on shares of Life Time Group in a research report on Monday, November 1st. They set a “market perform” rating and a $20.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Life Time Group in a research report on Monday, November 1st. They issued a “buy” rating and a $21.00 target price for the company. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $21.67.
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LTH stock opened at $20.31 on Friday. Life Time Group has a 52 week low of $15.81 and a 52 week high of $23.37. The firm’s fifty day simple moving average is $19.17.
Life Time Group Company Profile
Life Time Group Holdings Inc reshaped the way consumers approach their health through omnichannel, healthy way of life communities that address all aspects of healthy living, healthy aging and healthy entertainment. Life Time Group Holdings Inc is based in CHANHASSEN, Minn.
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