Life Time Opens New Athletic Country Club in Gilbert, Arizona
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy LTH?
Source: Newsfilter
- New Club Opening: Life Time Ocotillo opens in Gilbert, covering 102,000 square feet and becoming the ninth club in Arizona, marking the company's ongoing expansion in the Southeast Valley to meet the growing demand for health and fitness.
- Rich Amenities: Spanning 15 acres, the club features a resort-style Beach Club, outdoor lap and leisure pools, 10 outdoor pickleball courts, and six tennis courts, providing diverse sports options aimed at families and fitness enthusiasts.
- Comprehensive Services: Life Time Ocotillo offers a Kids Academy, LifeSpa, LifeCafe, and LifeClinic, ensuring that the needs of members across various age groups are met, promoting a healthy lifestyle within the community.
- Community Focus: The club emphasizes creating a peaceful environment for families, serious athletes, and those seeking recovery, reinforcing its role as a community for healthy living and enhancing overall health and well-being.
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Analyst Views on LTH
Wall Street analysts forecast LTH stock price to rise
8 Analyst Rating
8 Buy
0 Hold
0 Sell
Strong Buy
Current: 26.670
Low
36.00
Averages
40.50
High
48.00
Current: 26.670
Low
36.00
Averages
40.50
High
48.00
About LTH
Life Time Group Holdings, Inc. is a holding company. It is a lifestyle and leisure brand offering health, fitness and wellness experiences to a community of more than 1.5 million individual members. It designs, builds and operates its athletic country club destinations that are distinctive and large, multi-use sports and athletic, professional fitness, family recreation and spa centers in a resort-like environment. It offers fitness floors with equipment, spacious locker rooms, group fitness studios and spaces, indoor and outdoor pools and bistros, indoor and outdoor tennis courts, indoor and outdoor pickleball courts, basketball courts, LifeSpa, LifeCafe and its childcare and Kids Academy learning spaces. Its Life Time Digital features include live streaming fitness classes, remote goal-based personal training, nutrition and weight loss support, and curated health, fitness and wellness content. It has a portfolio of over 175 athletic country clubs across the United States and Canada.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Life Time Group to Announce Q1 Earnings on May 5th
- Earnings Announcement: Life Time Group (LTH) is set to release its Q1 2023 earnings on May 5th before market open, with consensus EPS estimate at $0.38, reflecting a 2.6% year-over-year decline, while revenue is projected at $787.21 million, indicating an 11.5% year-over-year increase.
- Historical Performance: Over the past two years, LTH has exceeded EPS estimates 75% of the time and has beaten revenue estimates 100% of the time, showcasing the company's financial stability and market confidence.
- Estimate Revision Trends: In the last three months, EPS estimates have seen two upward revisions and no downward adjustments, while revenue estimates have experienced three upward and three downward revisions, indicating mixed market sentiment regarding the company's future performance.
- Share Repurchase and Growth Outlook: Life Time Group plans a $500 million share repurchase and projects a 6.3%-7.3% year-over-year revenue growth through 2026, reflecting the company's confidence in future performance and commitment to shareholder returns.
See More
Life Time Opens New Athletic Country Club in Gilbert, Arizona
- New Club Opening: Life Time Ocotillo opens in Gilbert, covering 102,000 square feet and becoming the ninth club in Arizona, marking the company's ongoing expansion in the Southeast Valley to meet the growing demand for health and fitness.
- Rich Amenities: Spanning 15 acres, the club features a resort-style Beach Club, outdoor lap and leisure pools, 10 outdoor pickleball courts, and six tennis courts, providing diverse sports options aimed at families and fitness enthusiasts.
- Comprehensive Services: Life Time Ocotillo offers a Kids Academy, LifeSpa, LifeCafe, and LifeClinic, ensuring that the needs of members across various age groups are met, promoting a healthy lifestyle within the community.
- Community Focus: The club emphasizes creating a peaceful environment for families, serious athletes, and those seeking recovery, reinforcing its role as a community for healthy living and enhancing overall health and well-being.
See More
Life Time Opens New Athletic Country Club in Gilbert, Arizona
- New Club Opening: Life Time has opened a 102,000-square-foot athletic country club in Gilbert, marking its continued expansion in Arizona and addressing the growing demand for premium health and wellness experiences in the region.
- Rich Amenities: The new club features resort-style pools, 10 outdoor pickleball courts, and 6 tennis courts, offering diverse athletic options designed to attract families and fitness enthusiasts of all ages, thereby enhancing community health engagement.
- Premium Services: Inside, the club boasts state-of-the-art fitness equipment, an LT Recovery space, and full-service spa offerings, providing a comprehensive health experience that enhances member well-being through various wellness services.
- Community Focus: Life Time Ocotillo is not just a fitness facility but a community hub aimed at providing a harmonious environment for families, serious athletes, and individuals seeking recovery, promoting the pursuit of a healthy lifestyle together.
See More
Walmart Funds $5.4 Million for Wildlife Habitat Conservation
- Funding Overview: The National Fish and Wildlife Foundation (NFWF) announced $5.4 million in grants through Walmart's Acres for America program, supporting seven community-driven projects aimed at permanently protecting over 177,000 acres of wildlife habitat across states including California and Colorado.
- Matching Funds Impact: This funding will leverage $135.8 million in public and private matching contributions, generating a total conservation impact of $141.2 million, highlighting the significance and potential of public-private partnerships in environmental conservation.
- Project Highlights: One project in New Mexico will preserve nearly 20,000 acres of Ghost Ranch, ensuring public access and restricting development along the riverfront, thereby maintaining ecological connectivity and cultural heritage.
- Long-term Strategic Importance: Since its launch in 2005, Walmart's Acres for America program has helped protect over 2.2 million acres of land, demonstrating the company's leadership and responsibility in promoting sustainability and community well-being.
See More
Life Time Opens New Athletic Club in Phoenix Area
- New Club Opening: Life Time has launched a 91,000-square-foot luxury athletic club in Paradise Valley, Phoenix, marking its continued expansion in Arizona, which is expected to attract more health-conscious customers.
- Community Integration: Located within a 100-plus-acre mixed-use development, Paradise Valley combines dining, retail, and entertainment facilities, aiming to create a comprehensive wellness destination for families, thereby enhancing the company's market position in the region.
- Upcoming Second Location: Life Time Ocotillo is set to open on May 4, covering 102,000 square feet and featuring indoor and outdoor pools, 14 pickleball courts, and a full beach club pool deck experience, further catering to the fitness needs of the local community.
- Brand Commitment and Culture: Life Time is dedicated to empowering people of all ages to live healthy, happy lives through its 190+ athletic clubs and the L•AI•C™ health companion app, showcasing its strong commitment to both employees and customers.
See More
Life Time Closes $200 Million Sale-Leaseback Transactions
- Sale-Leaseback Transactions: Life Time has successfully closed sale-leaseback transactions on five owned properties, generating approximately $200 million in gross proceeds, which will provide ample liquidity to support future growth initiatives.
- Future Cash Flow Expectations: The company plans to execute an additional $200 million in sale-leaseback transactions in 2026, bringing total expected proceeds for the year to $400 million, thereby achieving positive free cash flow and enhancing financial stability.
- Sustained Growth Strategy: Founder and CEO Bahram Akradi stated that even after $400 million in annual sale-leasebacks, the company will continue to expand its owned real estate portfolio, ensuring long-term financial health and growth.
- Healthy Living Ecosystem: Life Time operates over 190 athletic clubs across the U.S. and Canada and offers a comprehensive health service through its L•AI•C™ AI-powered health companion app, committed to providing healthy living and entertainment experiences for individuals of all ages.
See More
Life Time Group to Announce Q1 Earnings on May 5th
- Earnings Announcement: Life Time Group (LTH) is set to release its Q1 2023 earnings on May 5th before market open, with consensus EPS estimate at $0.38, reflecting a 2.6% year-over-year decline, while revenue is projected at $787.21 million, indicating an 11.5% year-over-year increase.
- Historical Performance: Over the past two years, LTH has exceeded EPS estimates 75% of the time and has beaten revenue estimates 100% of the time, showcasing the company's financial stability and market confidence.
- Estimate Revision Trends: In the last three months, EPS estimates have seen two upward revisions and no downward adjustments, while revenue estimates have experienced three upward and three downward revisions, indicating mixed market sentiment regarding the company's future performance.
- Share Repurchase and Growth Outlook: Life Time Group plans a $500 million share repurchase and projects a 6.3%-7.3% year-over-year revenue growth through 2026, reflecting the company's confidence in future performance and commitment to shareholder returns.
See More
Life Time Opens New Athletic Country Club in Gilbert, Arizona
- New Club Opening: Life Time Ocotillo opens in Gilbert, covering 102,000 square feet and becoming the ninth club in Arizona, marking the company's ongoing expansion in the Southeast Valley to meet the growing demand for health and fitness.
- Rich Amenities: Spanning 15 acres, the club features a resort-style Beach Club, outdoor lap and leisure pools, 10 outdoor pickleball courts, and six tennis courts, providing diverse sports options aimed at families and fitness enthusiasts.
- Comprehensive Services: Life Time Ocotillo offers a Kids Academy, LifeSpa, LifeCafe, and LifeClinic, ensuring that the needs of members across various age groups are met, promoting a healthy lifestyle within the community.
- Community Focus: The club emphasizes creating a peaceful environment for families, serious athletes, and those seeking recovery, reinforcing its role as a community for healthy living and enhancing overall health and well-being.
See More
Life Time Opens New Athletic Country Club in Gilbert, Arizona
- New Club Opening: Life Time has opened a 102,000-square-foot athletic country club in Gilbert, marking its continued expansion in Arizona and addressing the growing demand for premium health and wellness experiences in the region.
- Rich Amenities: The new club features resort-style pools, 10 outdoor pickleball courts, and 6 tennis courts, offering diverse athletic options designed to attract families and fitness enthusiasts of all ages, thereby enhancing community health engagement.
- Premium Services: Inside, the club boasts state-of-the-art fitness equipment, an LT Recovery space, and full-service spa offerings, providing a comprehensive health experience that enhances member well-being through various wellness services.
- Community Focus: Life Time Ocotillo is not just a fitness facility but a community hub aimed at providing a harmonious environment for families, serious athletes, and individuals seeking recovery, promoting the pursuit of a healthy lifestyle together.
See More
Walmart Funds $5.4 Million for Wildlife Habitat Conservation
- Funding Overview: The National Fish and Wildlife Foundation (NFWF) announced $5.4 million in grants through Walmart's Acres for America program, supporting seven community-driven projects aimed at permanently protecting over 177,000 acres of wildlife habitat across states including California and Colorado.
- Matching Funds Impact: This funding will leverage $135.8 million in public and private matching contributions, generating a total conservation impact of $141.2 million, highlighting the significance and potential of public-private partnerships in environmental conservation.
- Project Highlights: One project in New Mexico will preserve nearly 20,000 acres of Ghost Ranch, ensuring public access and restricting development along the riverfront, thereby maintaining ecological connectivity and cultural heritage.
- Long-term Strategic Importance: Since its launch in 2005, Walmart's Acres for America program has helped protect over 2.2 million acres of land, demonstrating the company's leadership and responsibility in promoting sustainability and community well-being.
See More
Life Time Opens New Athletic Club in Phoenix Area
- New Club Opening: Life Time has launched a 91,000-square-foot luxury athletic club in Paradise Valley, Phoenix, marking its continued expansion in Arizona, which is expected to attract more health-conscious customers.
- Community Integration: Located within a 100-plus-acre mixed-use development, Paradise Valley combines dining, retail, and entertainment facilities, aiming to create a comprehensive wellness destination for families, thereby enhancing the company's market position in the region.
- Upcoming Second Location: Life Time Ocotillo is set to open on May 4, covering 102,000 square feet and featuring indoor and outdoor pools, 14 pickleball courts, and a full beach club pool deck experience, further catering to the fitness needs of the local community.
- Brand Commitment and Culture: Life Time is dedicated to empowering people of all ages to live healthy, happy lives through its 190+ athletic clubs and the L•AI•C™ health companion app, showcasing its strong commitment to both employees and customers.
See More
Life Time Closes $200 Million Sale-Leaseback Transactions
- Sale-Leaseback Transactions: Life Time has successfully closed sale-leaseback transactions on five owned properties, generating approximately $200 million in gross proceeds, which will provide ample liquidity to support future growth initiatives.
- Future Cash Flow Expectations: The company plans to execute an additional $200 million in sale-leaseback transactions in 2026, bringing total expected proceeds for the year to $400 million, thereby achieving positive free cash flow and enhancing financial stability.
- Sustained Growth Strategy: Founder and CEO Bahram Akradi stated that even after $400 million in annual sale-leasebacks, the company will continue to expand its owned real estate portfolio, ensuring long-term financial health and growth.
- Healthy Living Ecosystem: Life Time operates over 190 athletic clubs across the U.S. and Canada and offers a comprehensive health service through its L•AI•C™ AI-powered health companion app, committed to providing healthy living and entertainment experiences for individuals of all ages.
See More
