Life Time Group Holdings (LTH – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst on February 27. Analyst John Baumgartner from Mizuho Securities maintained a Buy rating on the stock and has a $38.00 price target.
John Baumgartner has given his Buy rating due to a combination of factors that highlight Life Time Group Holdings’ strong performance and growth potential. The company has demonstrated impressive results, with Q4 EBITDA and revenue slightly exceeding expectations, signaling robust operational efficiency and effective management strategies. Notably, Life Time Group Holdings has set records in member engagement, revenue per membership, and retention rates, showcasing its ability to maintain customer loyalty in a competitive market.
Furthermore, the company’s guidance for FY25 indicates continued momentum, with an increase in EBITDA projections and a sustainable operating margin. The strategic reinvestment in programming and enhanced analytics supports this growth trajectory, while the expansion of digital capabilities and new revenue streams further strengthens its position. These factors collectively underpin Baumgartner’s confidence in the company’s future performance, making it a top pick in the healthy living sector.
In another report released on February 28, Evercore ISI also maintained a Buy rating on the stock with a $38.00 price target.
LTH’s price has also changed moderately for the past six months – from $24.420 to $31.300, which is a 28.17% increase.
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