Life Time Group Holdings (LTH) Receives a Buy from UBS

In a report released today, Arpine Kocharyan from UBS reiterated a Buy rating on Life Time Group Holdings, with a price target of $43.00.

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According to TipRanks, Kocharyan is an analyst with an average return of -3.3% and a 42.86% success rate. Kocharyan covers the Consumer Cyclical sector, focusing on stocks such as Hasbro, Mattel, and Planet Fitness.

In addition to UBS, Life Time Group Holdings also received a Buy from KeyBanc’s Noah Zatzkin in a report issued today. However, on February 25, TipRanks – xAI downgraded Life Time Group Holdings (NYSE: LTH) to a Hold.

Based on Life Time Group Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $745.1 million and a net profit of $123 million. In comparison, last year the company earned a revenue of $663.28 million and had a net profit of $37.16 million

Based on the recent corporate insider activity of 55 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 3,994.00 shares for a total of $117,594.87.