Life Time Group Holdings ( (LTH) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Life Time Group Holdings has recently adjusted its fiscal year 2025 adjusted EBITDA guidance upwards, indicating stronger business performance and growth prospects. The company now expects an EBITDA range of $792 million to $808 million, up from the previous $780 million to $800 million. This positive revision is driven by an increase in comparable center revenue growth expectations, now projected at 8.5% to 9.5%. Additionally, the appointment of a new board director and strategic partnerships, such as the collaboration with Silverstein Properties at Brooklyn Tower, highlight the company’s efforts to enhance its market position and operational capabilities. These developments are likely influencing analyst price targets and contributing to the unusual stock price movement.
More about Life Time Group Holdings
YTD Price Performance: 47.25%
Average Trading Volume: 2,385,681
Technical Sentiment Signal: Buy
Current Market Cap: $6.75B
For further insights into LTH stock on TipRanks’ Stock Analysis page.
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