Mizuho Securities analyst John Baumgartner maintains $Life Time (LTH.US)$ with a buy rating, and sets the target price at $32.
According to TipRanks data, the analyst has a success rate of 64.7% and a total average return of 11.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Life Time (LTH.US)$'s main analysts recently are as follows:
The firm is adjusting its projections to account for Life Time Group's preliminary results for Q3, which surpassed expectations. Additionally, it is anticipated that this positive trend has persisted into the early part of Q4.
Life Time Group's Q3 pre-announcement points to an all-around robust quarter, signaling effective execution by the company with a promising outlook for 2025. Despite these positive indicators, a neutral stance is maintained, reflecting the company's valuation which aligns with its historical average when considering the enterprise value to expected forward EBITDA multiple.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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