There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Life Time Group Holdings Inc. (LTH) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.12, or -0.58%, to $20.64. The Life Time Group Holdings Inc. has recorded 16,064 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Pickleball for All Generations: How the Sport is Bringing People Together and Building a Community.
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This NYSE-listed company operates within the Leisure industry segment, falling under the Consumer Cyclical sector. At the end of the last regular session, the stock closed at $20.76 and fluctuated between $21.39 as its day high and $20.65 as its day low. The current market capitalization of Life Time Group Holdings Inc. is $3.90B. A total of 1.19 million shares were traded on the day, compared to an average of 876.21K shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, LTH has seen 4 BUY and 4 SELL insider trades, representing the acquisition of 15,715 and the disposition of 22,307 shares. Over the last 12 months, there were 16 BUYs and 15 SELLs from insiders. Insiders purchased 180,641 shares during that period but sold 42,099.
In the most recent transaction, TEACHER RETIREMENT SYSTEM OF T bought 11 shares of LTH for 15.68 per share on Apr 05. After the transaction, the member of a group that is 10% now owns 5,203,581 company shares. In a previous transaction on Mar 03, Weaver Erik sold 1,002 shares at 18.54 per share. LTH shares that SVP & CONTROLLER owns now total 71,369.
Among the insiders who bought shares, TEACHER RETIREMENT SYSTEM OF T acquired of 116 shares on Mar 01 at a per-share price of $17.73. This resulted in the member of a group that is 10% holding 5,203,570 shares of LTH after the transaction. In another insider transaction, TEACHER RETIREMENT SYSTEM OF T sold 46 shares at $12.36 per share on Dec 21. Company shares held by the member of a group that is 10% now total 5,203,454.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for LTH in the last 3 months, the mean price target is $22.10 with high estimates of $33.00 and low estimates of $16.00. In terms of 52-week highs and lows, LTH has a high of $21.16 and a low of $8.75.
As of this writing, LTH has an earnings estimate of $0.08 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.13 per share and a lower estimate of $0.03. The company reported an EPS of $0.07 in the last quarter, which was 40.00% higher than expectations of $0.05.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. LTH’s latest balance sheet shows that the firm has $31.64M in Cash & Short Term Investments as of fiscal 2021. There were $3.76B in debt and $406.25M in liabilities at the time. Its Book Value Per Share was $10.94, while its Total Shareholder’s Equity was $2.09B.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 10 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LTH is Hold with a score of 3.90. A total of 6 analysts rated the stock as Buy while 0 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.