Life Time Group Holdings (LTH) Receives a Buy from Craig-Hallum
In a report released today, Eric Des Lauriers from Craig-Hallum maintained a Buy rating on Life Time Group Holdings, with a price target of $45.00.
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Des Lauriers covers the Consumer Defensive sector, focusing on stocks such as Mama’s Creations, Vital Farms, and Farmer Brothers Company. According to TipRanks, Des Lauriers has an average return of 6.1% and a 44.83% success rate on recommended stocks.
In addition to Craig-Hallum, Life Time Group Holdings also received a Buy from Bank of America Securities’s Alexander Perry in a report issued today. However, on the same day, TR | OpenAI – 4o reiterated a Hold rating on Life Time Group Holdings (NYSE: LTH).
Based on Life Time Group Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $782.65 million and a net profit of $102.43 million. In comparison, last year the company earned a revenue of $693.23 million and had a net profit of $41.36 million
Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LTH in relation to earlier this year. Last month, Erik Weaver, the EVP & CFO of LTH sold 4,846.00 shares for a total of $121,586.14.
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