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LTH vs. PACS: Which Stock Is the Better Value Option?
ZACKS· 2024-10-19 00:45
Investors with an interest in Medical Services stocks have likely encountered both Life Time Group Holdings, Inc. (LTH) and PACS Group, Inc. (PACS) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks ...
Life Time Expands Relationship with National Academy of Sports Medicine to Support Rapid Growth in Personal Training and Group Coaching
Prnewswire· 2024-10-17 20:00
CHANHASSEN, Minn., Oct. 17, 2024 /PRNewswire/ -- Life Time (NYSE: LTH) today announced the renewal of its long-standing alliance with the National Academy of Sports Medicine (NASM), continuing its commitment to professional development opportunities for its dynamic personal trainers, stretch specialists and group fitness instructors. Life Time is currently one of the largest employers in the training and group fitness space with more than 3,500 personal trainers, stretch specialists and Pilates instructors, ...
Life Time Reports Preliminary Estimated Third Quarter 2024 Financial Results; Launches Process to Refinance its Existing Notes
Prnewswire· 2024-10-15 20:02
Total revenue estimated to be $693.2 million, an increase of 18.5% over the prior year quarter Net income estimated to be $41.4 million, an increase of 422.5% over the prior year quarter Adjusted net income estimated to be $56.3 million, an increase of 110.9% over the prior year quarter Adjusted EBITDA estimated to be $180.3 million, an increase of 26.1% over the prior year quarter Reduced net debt leverage ratio to an estimated 2.4 times Expected to deliver second consecutive quarter of positive free cash ...
Life Time Celebrates World Pickleball Day on October 10th Surpassing 750 Pickleball Courts and Continued Explosive Growth
Prnewswire· 2024-10-10 19:15
CHANHASSEN, Minn., Oct. 10, 2024 /PRNewswire/ -- As pickleball continues its meteoric rise as the fastestgrowing sport in America, Life Time (NYSE: LTH) is marking World Pickleball Day on October 10 by surpassing more than 750 permanent courts built at its athletic country clubs across North America, with hundreds more planned and under development. From the picturesque courts at Life Time Rancho San Clemente, Calif. (pictured) to the new pickleballfocused destination in Chanhassen, Minn. featuring indoor a ...
No Sleeping Here - Life Time Unveils 46,000-Square-Foot Pickleball Expansion in Former Bed, Bath and Beyond at Life Time Annapolis on Oct. 9
Prnewswire· 2024-10-09 23:20
文章核心观点 - 公司在Annapolis Town Center扩建了Life Time Annapolis健身俱乐部,新增46,000平方英尺的空间 [1][2] - 新增11个室内pickleball球场、小型团体训练空间等设施,总面积扩大至近90,000平方英尺 [2] - 公司致力于成为健康生活方式的领导者,提供多样化的健身和社交体验 [2][4] 公司概况 - 公司是美国领先的健康生活方式公司,在美国和加拿大拥有175多家健身俱乐部 [4] - 公司提供健康生活、健康老龄化、健康娱乐等多元化的健康项目和信息服务 [4] - 公司拥有42,000多名专业员工,并组织近30项著名的体育赛事 [4] 行业动态 - Pickleball是目前美国增长最快的运动,自2021年以来公司已在全国建立750多个pickleball球场 [2] - 公司最近推出了自主研发的pickleball球拍 [2] - 公司聘请网球传奇人物安德烈·阿加西担任其球拍运动委员会主席,以指导未来发展 [2]
Keep Moving Together: Eight Ways for Families to Stay Active and Connected
Prnewswire· 2024-10-03 23:44
Latest issue of Experience Life magazine offers 100 big and small ideas to be active together CHANHASSEN, Minn., Oct. 3, 2024 /PRNewswire/ -- With families adjusting to the busyness of fall and back-to-school routines, finding time to stay active and maintain connection is more important than ever. To inspire families, Experience Life magazine, published by Life Time (NYSE: LTH), offers 100 ideas to incorporate more physical activity into their daily routines, fostering healthier, happier lives. The ideas f ...
Life Time to Report Third Quarter 2024 Financial Results on October 24, 2024
Prnewswire· 2024-10-03 01:43
CHANHASSEN, Minn., Oct. 2, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) today announced that its financial results for third quarter 2024 will be released before market open on Thursday, October 24, 2024. The Company will host a conference call at 10:00 a.m. ET the same day to discuss the results and provide a business update. How to Participate: Date: Thursday, October 24, 2024 Time: 10:00 a.m. ET (9:00 a.m. CT) U.S. dial-in number: 1-877-451-6152 Internati ...
Life Time Closes on $65 Million in Sale-Leaseback Transactions
Prnewswire· 2024-10-01 04:51
CHANHASSEN, Minn., Sept. 30, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time," "we," "our," "us," or the "Company") (NYSE: LTH) today announced that it has closed on two sale-leaseback transactions for two properties for approximately $65 million in gross proceeds. Terms were similar to recent transactions. Additional details were not disclosed. These transactions bring the Company's total gross proceeds from sale-leasebacks to approximately $213 million year-to-date. Erik Weaver, Executive ...
LTH vs. PACS: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-10-01 00:46
Investors interested in Medical Services stocks are likely familiar with Life Time Group Holdings, Inc. (LTH) and PACS Group, Inc. (PACS) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive ea ...
Life Time Completes Revolver Upsize and Extension
Prnewswire· 2024-09-24 04:27
CHANHASSEN, Minn., Sept. 23, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time," "we," "our," "us," or the "Company") (NYSE: LTH) today announced that its wholly-owned subsidiary, Life Time, Inc., has completed the refinancing of its revolving credit facility. Under the terms of the amended facility, the Company: Increased the commitments under the revolving credit facility from $475 million to $650 million; Reduced the floating interest rate per annum by 100 basis points to Term Secured Overn ...