Professional
Added to YB: 2024-11-27
Pitch date: 2024-11-22
LTH [bullish]
Life Time Group Holdings, Inc.
+32.92%
current return
Author Info
No bio for this author
Company Info
Life Time Group Holdings, Inc., through its subsidiaries, provides health, fitness, and wellness experiences to a community of individual members in the United States and Canada.
Market Cap
$7.5B
Pitch Price
$24.79
Price Target
29.00 (-12%)
Dividend
N/A
EV/EBITDA
9.26
P/E
19.67
EV/Sales
3.74
Sector
Hotels, Restaurants and Leisure
Category
growth
Life Time Group Holdings, Inc.: A Play for Pickleball and Fitness: Initiating Outperform
LTH Outperform, $29 PT: Premium gym operator w/ improving ROIC (30%+ on sale-leaseback vs low-mid teens owned). 2.9% market share in fragmented high-end segment. 5% comps 2025/26E. FCF positive w/ 10-12 new centers/year. Risks: stakeholder selldown, interest rates, competition. 10x 2026 EV/EBITDA.