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Life Time (LTH)

Company Profile
Over nearly 30 years, Life Time has reshaped the way consumers approach their health through omnichannel, healthy way of life communities that address all aspects of healthy living, healthy aging and healthy entertainment. More than 30,000 Life Time professionals are dedicated to providing the best programs and experiences at more than 150 Life Time athletic resort destinations in the United States and Canada, and via a complementary, comprehensive digital platform and portfolio of iconic athletic events – all with the objective of inspiring healthier, happier lives.

Company profile

Ticker
LTH
Exchange
NYSE
Website
lifetime.life
Employees
Incorporated
Delaware
Location
Minnesota
Fiscal year end
Dec 31
Sector
Arts, Entertainment, and Recreation > Fitness and Recreational Sports Centers
Industry (SIC)
Services - Membership Sports & Recreation Clubs
Planet Fitness • Town Sports International • OneSpaWorld Holdings Limited • B2Digital • Newpoint Financial ...
SEC CIK
0001869198
Corporate docs
Underwriting Agreements
Indentures
Material Contracts & Credit Agreements
Subsidiaries Lists
Subsidiaries
Athlinks Inc. • ChronoTrack Administrator LLC • ChronoTrack Holdings LLC • ChronoTrack Mexico • ChronoTrack Systems Europe B.V. • Healthy Way of Life I, LLC • Healthy Way of Life II, LLC • Healthy Way of Life III, LLC • Healthy Way of Life IV, LLC • Healthy Way of Life V, LLC ...
IRS number
473481985

LTH stock data

Analyst ratings and price targets

Last 3 months
Current price
Average target
$16.25
Low target
$12.00
High target
$21.00
Morgan Stanley
Maintains
Equal-Weight
$18.00
31 Jan 23
Guggenheim
Maintains
Buy
$21.00
23 Jan 23
RBC Capital
Maintains
Outperform
$14.00
10 Nov 22
Wells Fargo
Maintains
Underweight
$12.00
10 Nov 22
Latest filings (excl ownership)
View all
8-K
Regulation FD Disclosure
31 Jan 23
8-K
Life Time Reports Preliminary Financial Results for Fourth Quarter and Full-Year Fiscal 2022 and Introduces Fiscal 2023 Guidance
9 Jan 23
8-K
Departure of Directors or Certain Officers
30 Dec 22
10-Q
2022 Q3
Quarterly report
9 Nov 22
8-K
Life Time Reports Third Quarter Fiscal 2022 Financial Results
9 Nov 22
8-K
Departure of Directors or Certain Officers
29 Aug 22
10-Q
2022 Q2
Quarterly report
10 Aug 22
8-K
Life Time Reports Second Quarter Fiscal 2022 Financial Results
10 Aug 22
8-K
Life Time Appoints Donna Coallier to Board of Directors
29 Jun 22
8-K
Submission of Matters to a Vote of Security Holders
11 May 22
Transcripts
LTH
Earnings call transcript
2022 Q3
13 Nov 22
LTH
Earnings call transcript
2022 Q2
10 Aug 22
LTH
Earnings call transcript
2022 Q1
11 May 22
LTH
Earnings call transcript
2021 Q4
10 Mar 22
Latest ownership filings
View all
4
RETIREMENT SYSTEM OF TEXAS TEACHER
22 Dec 22
4
RETIREMENT SYSTEM OF TEXAS TEACHER
1 Dec 22
4
RETIREMENT SYSTEM OF TEXAS TEACHER
3 Nov 22
4
RETIREMENT SYSTEM OF TEXAS TEACHER
27 Oct 22
4
Erik Weaver
14 Oct 22
4
Bahram Akradi
8 Sep 22
4
RETIREMENT SYSTEM OF TEXAS TEACHER
6 Sep 22
4
Bahram Akradi
2 Sep 22
4
Robert P. Houghton
1 Sep 22
3
Robert P. Houghton
1 Sep 22

Financial summary

Financial statements Chart LTH financial data
Quarter (USD) Sep 22 Jun 22 Mar 22 Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 107.07 mm 107.07 mm 107.07 mm 107.07 mm 107.07 mm 107.07 mm
Cash burn (monthly) (no burn) (no burn) (no burn) 29.21 mm (no burn) (no burn)
Cash used (since last report) n/a n/a n/a 126.26 mm n/a n/a
Cash remaining n/a n/a n/a -19.20 mm n/a n/a
Runway (months of cash) n/a n/a n/a -0.7 n/a n/a

Beta Read what these cash burn values mean

Financial data from Life Time earnings reports.

Institutional ownership, Q3 2022

LTH institutional ownership history Ownership history
13F holders Current Prev Q Change
Total holders 85 82 +3.7%
Opened positions 12 24 -50.0%
Closed positions 9 15 -40.0%
Increased positions 29 28 +3.6%
Reduced positions 21 11 +90.9%
13F shares Current Prev Q Change
Total value 4.03 bn 4.48 bn -10.0%
Total shares 294.37 mm 295.15 mm -0.3%
Total puts 0.00 0.00
Total calls 20.10 k 13.50 k +48.9%
Total put/call ratio – – –
Largest owners Shares Value Change
Leonard Green & Partners 58.74 mm $572.73 mm 0.0%
Green LTF Holdings II 58.74 mm $1.01 bn 0.0%
TPG 43.07 mm $743.81 mm 0.0%
TPG GP A 43.07 mm $419.93 mm 0.0%
SLT Investors 26.12 mm $451.06 mm 0.0%
David A Landau 10.50 mm $181.36 mm 0.0%
LifeCo 9.00 mm $155.47 mm 0.0%
Teacher Retirement System Of Texas 5.20 mm $50.74 mm +0.1%
Alliancebernstein 4.97 mm $48.47 mm -4.3%
PFG Principal Financial Group Inc - Registered Shares 4.91 mm $47.86 mm +3.5%
Largest transactions Shares Bought/sold Change
Granahan Investment Management 1.74 mm -1.35 mm -43.8%
STT State Street 0.00 -713.65 k EXIT
Marshall Wace 363.55 k +336.38 k +1238.2%
IVZ Invesco 4.16 mm -306.26 k -6.9%
Davidson Kempner Capital Management 1.12 mm +268.61 k +31.6%
Vanguard 4.51 mm +254.55 k +6.0%
BLK Blackrock 2.84 mm +253.45 k +9.8%
Alliancebernstein 4.97 mm -222.65 k -4.3%
PFG Principal Financial Group Inc - Registered Shares 4.91 mm +167.28 k +3.5%
Geode Capital Management 855.56 k +158.45 k +22.7%
Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

LTH insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
21 Dec 22 Teacher Retirement System Of Texas Common stock Sell Dispose S Yes No 12.36 46 568.56 5,203,454
30 Nov 22 Teacher Retirement System Of Texas Common stock Sell Dispose S No No 12.83 3 38.49 5,203,500
27 Oct 22 Teacher Retirement System Of Texas Common stock Sell Dispose S No No 10.71 159 1.70 k 5,203,503
27 Oct 22 Teacher Retirement System Of Texas Common stock Sell Dispose S No No 10.75 103 1.11 k 5,203,662
26 Oct 22 Teacher Retirement System Of Texas Common stock Sell Dispose S No No 10.68 306 3.27 k 5,203,765
26 Oct 22 Teacher Retirement System Of Texas Common stock Sell Dispose S No No 10.58 414 4.38 k 5,204,071
12 Oct 22 Erik Weaver Common Stock Payment of exercise Dispose F No No 9.61 851 8.18 k 72,371
12 Oct 22 Erik Weaver Common Stock Grant Acquire A No No 0 50,000 0.00 73,222
Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro
Where Life Time Group Hldgs Stands With Analysts
31 Jan 23
Morgan Stanley Maintains Equal-Weight on Life Time Group Hldgs, Raises Price Target to $18
31 Jan 23
Morgan Stanley analyst Brian Harbour maintains Life Time Group Hldgs (NYSE:LTH) with a Equal-Weight and raises the price target from $15 to $18.
12 Consumer Discretionary Stocks Moving In Tuesday's After-Market Session
24 Jan 23
Guggenheim Maintains Buy on Life Time Group Hldgs, Raises Price Target to $21
23 Jan 23
Reported Late Tuesday, Life Time Presents Gripping, Original Docuseries On Inaugural Life Time Grand Prix Presented By Mazda
18 Jan 23

Press releases

From Benzinga Pro
Life Time Signs Letters of Intent for $78 million in Sale-Leaseback Transactions
31 Jan 23
Proceeds to support new growth opportunities and strengthen balance sheet CHANHASSEN, Minn., Jan. 31, 2023 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) today
Pair of Kenyans take Home Life Time Miami Marathon Titles
29 Jan 23
18,000 runners representing all 50 states and 69 countries competed in iconic event MIAMI, Jan. 29, 2023 /PRNewswire/ -- They were nearly 8,000 miles from home in the urban center of Kisii, Kenya, but their individual
Life Time Debt Upgraded by S&P Global
23 Jan 23
CHANHASSEN, Minn., Jan. 23, 2023 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE:LTH) today announced that S&P Global Ratings ("S&P Global") has
Jump-Start Your Health in 2023 - Life Time Kicking Off Spring 60day Challenge on January 28
20 Jan 23
Life Time City Centre Debuts Best in Class Squash Center with Nine Courts and Stadium Seating
19 Jan 23
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