Owen Rickert, an analyst from Northland Securities, reiterated the Buy rating on Life Time Group Holdings. The associated price target remains the same with $42.00.
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Owen Rickert has given his Buy rating due to a combination of factors that underscore Life Time Group Holdings’ differentiated positioning and execution. His visit to the Sky club in New York City confirmed that the company is delivering a true modern athletic country club experience, with premium facilities, high service standards, and a lifestyle-focused offering that clearly goes beyond a traditional gym model.
He also observed strong weekday utilization and member engagement across various services, which aligns with management’s data on visit frequency and retention, reinforcing the stickiness of the customer base. Coupled with confident management commentary around the sizable share repurchase program, ongoing pricing and dues optimization, and a robust new club growth pipeline through 2027, these elements support his view that LTH has a durable competitive advantage and merits a Buy rating.
In another report released on March 12, KeyBanc also initiated coverage with a Buy rating on the stock with a $40.00 price target.
Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LTH in relation to earlier this year.