Latest news with #LTH
Yahoo
3 days ago
- Business
- Yahoo
Life Time Group announces pricing of 20M share offering of common stock
Life Time Group (LTH) announced the pricing of the previously announced underwritten secondary offering of 20M shares of the company's common stock by certain selling stockholders, resulting in total gross proceeds of $590M, before deducting underwriting discounts and commissions. The offering is expected to close on June 6, 2025, subject to the satisfaction of customary closing conditions. The selling stockholders will receive all of the proceeds from the proposed offering. The company will not receive any of the proceeds from the sale of shares of the company's common stock by the selling stockholders. J.P. Morgan and BofA Securities are serving as the underwriters for the proposed offering. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on LTH: Disclaimer & DisclosureReport an Issue Life Time Group announces 20M share offering of common stock for holders Life Time Group Holdings: Strategic Initiatives and Financial Performance Drive Buy Rating with $45 Price Objective Life Time Group assumed with a Buy at Craig-Hallum Life Time Group price target raised to $41 from $39 at Northland Life Time Group Holdings Reports Strong Q1 2025 Results Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
BBC News
09-05-2025
- Health
- BBC News
Preston and Chorley hospitals shuttle bus to be axed in cuts
A free shuttle bus that ferries staff between the Royal Preston and Chorley and South Ribble hospitals is to be scrapped as part of a wider drive to cut service, which has operated for more than a decade, can also be used by patients during off-peak hours, although they have to pay to do Teaching Hospitals NHS Foundation Trust (LTH) is set to withdraw the £200,000-a-year scheme from 30 May. The trust has to make £60m of savings during the 2025-26 financial year, and bosses said they were unable to continue subsidising the service. 'Difficult decision' Only about £3,000 towards the annual cost of the service currently comes from paying passengers, the Local Democracy Reporting Service (LDRS) bus service was first introduced as a result of previous changes to where staff were removal will not affect the free park-and-ride services for Royal Preston workers, which operate from both Preston Grasshoppers and the Preston Business Centre. Off-site car parking passes are also available at Preston College and St Mary's the Stagecoach 125 service between Preston and Chorley hospitals runs seven days a week, starting earlier and finishing later than the existing free a joint letter to colleagues, LTH chief executive Prof Silas Nicholls and chief people officer Dr Neil Pease said the scrapping of the free bus service was amongst the "difficult decisions" needed to get the trust's finances "back on track".Their statement continued: "Other options, including the service provider charging passengers, reducing the service or running the service ourselves have been considered but we simply haven't been able to find a way to make it work." Listen to the best of BBC Radio Lancashire on BBC Sounds and follow BBC Lancashire on Facebook, X and Instagram and watch BBC North West Tonight on BBC iPlayer.
Yahoo
05-05-2025
- Business
- Yahoo
2 Growth Stocks with Explosive Upside and 1 to Keep Off Your Radar
Growth is a hallmark of all great companies, but the laws of gravity eventually take hold. Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market's punishment can be swift and severe when trajectories fall. The risks that can come from buying these assets is precisely why we started StockStory - to isolate the long-term winners from the losers so you can invest with confidence. Keeping that in mind, here are two growth stocks where the best is yet to come and one whose momentum may slow. One-Year Revenue Growth: +18.2% With over 150 locations and gyms that include saunas and steam rooms, Life Time (NYSE:LTH) is an upscale fitness club emphasizing holistic well-being and fitness. Why Are We Wary of LTH? Weak same-store sales trends over the past two years suggest there may be few opportunities in its core markets to open new locations Cash-burning history makes us doubt the long-term viability of its business model High net-debt-to-EBITDA ratio of 6× increases the risk of forced asset sales or dilutive financing if operational performance weakens Life Time is trading at $32.39 per share, or 27.9x forward P/E. If you're considering LTH for your portfolio, see our FREE research report to learn more. One-Year Revenue Growth: +20.3% Formed by the 1997 merger of the two leading semiconductor yield management companies, KLA Corporation (NASDAQ:KLAC) is the leading supplier of equipment used to measure and inspect semiconductor chips. Why Do We Love KLAC? Impressive 15.6% annual revenue growth over the last five years indicates it's winning market share this cycle Healthy operating margin of 35.9% shows it's a well-run company with efficient processes, and it turbocharged its profits by achieving some fixed cost leverage Robust free cash flow margin of 31.2% gives it many options for capital deployment KLA Corporation's stock price of $697.25 implies a valuation ratio of 22.1x forward P/E. Is now the time to initiate a position? See for yourself in our in-depth research report, it's free. One-Year Revenue Growth: +19.1% Pioneering minimally invasive surgery since its first da Vinci system was FDA-cleared in 2000, Intuitive Surgical (NASDAQ:ISRG) develops and manufactures robotic-assisted surgical systems that enable minimally invasive procedures across various medical specialties. Why Does ISRG Catch Our Eye? Products are reaching more customers as its system placement averaged 11.8% growth over the past two years Projected revenue growth of 14.8% for the next 12 months suggests its momentum from the last two years will persist Earnings growth has comfortably beaten the peer group average over the last five years as its EPS has compounded at 12.3% annually At $528.99 per share, Intuitive Surgical trades at 63.1x forward P/E. Is now a good time to buy? Find out in our full research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Sterling Infrastructure (+1,096% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
Associated Press
30-04-2025
- Health
- Associated Press
Complimentary Mindful May Meditation Program Launches on Life Time App During National Mental Health Month
Practicing mindfulness can help reduce stress and anxiety, while improving attention and sleep ( Mayo Clinic ) CHANHASSEN, Minn., April 30, 2025 /PRNewswire/ -- Life Time (NYSE: LTH) is making it easier than ever to prioritize mindfulness during National Mental Health Month with the debut of its first-ever Mindful May program, dropping May 4 on the complimentary Life Time app. The program aims to be a valuable resource at a time when 75% of Americans report experiencing physical or mental symptoms from stress. Designed by Life Time's wellness experts to help individuals create a daily, sustainable mindfulness habit, the program delivers guided, five-minute meditation sessions throughout the month easily accessed on the app. With a focus on five core wellness themes: Meditation, breath work, improving sleep, movement, and purpose/mindset, participants can explore practices that seamlessly fit into a busy lifestyle. The program also prompts users to make a post-session in-app journal entry to reinforce the benefits of mindfulness. 'In today's fast paced, hyperconnected world, many are overwhelmed by chronic stress and emotional burnout, struggling to find accessible mindfulness practices that resonate,' said Jessie Syfko, Vice President of Group Training and Studio Classes at Life Time. 'Our complimentary Mindful May program is a powerful, approachable way to incorporate meditation into our daily lives, no matter your schedule or experience level.' Mindful May is part of Life Time's broader commitment to supporting holistic health through its complimentary app. Available to all users, it offers a wide range of tools and resources to build healthier routines, including: Users can also purchase Life Time's trusted, proprietary LTH supplement line and other wellness essentials directly through the LT Shop on the Life Time app. The LT Shop has protein, creatine, vitamins, fish oil and more for sale, along with apparel, recovery tools and other products. The Life Time Digital app is available to download in the Apple and Google App Stores. For more information, visit Follow along at on Facebook and on Instagram at @ and on LinkedIn. About Life Time Life Time (NYSE: LTH) empowers people to live healthy, happy lives through its portfolio of more than 180 athletic country clubs across the United States and Canada, the complimentary, comprehensive Life Time app and nearly 30 of the most iconic athletic events in the country. The health and wellness pioneer uniquely serves people 90 days to 90+ years old through its healthy living, healthy aging, healthy entertainment communities and ecosystem, along with a range of healthy way of life programs and information, and the most trusted LTH nutritional supplements and products. Life Time was recently certified as a Great Place to Work®, reinforcing its commitment to fostering an exceptional workplace culture on behalf of its more than 42,000 dedicated team members. View original content to download multimedia: SOURCE Life Time, Inc.
Yahoo
17-04-2025
- Business
- Yahoo
3 Reasons to Avoid LTH and 1 Stock to Buy Instead
Even during a down period for the markets, Life Time has gone against the grain, climbing to $31.72. Its shares have yielded a 25.7% return over the last six months, beating the S&P 500 by 34.7%. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move. Is now the time to buy Life Time, or should you be careful about including it in your portfolio? Get the full stock story straight from our expert analysts, it's free. Despite the momentum, we're sitting this one out for now. Here are three reasons why there are better opportunities than LTH and a stock we'd rather own. With over 150 locations and gyms that include saunas and steam rooms, Life Time (NYSE:LTH) is an upscale fitness club emphasizing holistic well-being and fitness. We can better understand Leisure Facilities companies by analyzing their same-store sales. This metric measures the change in sales at brick-and-mortar locations that have existed for at least a year, giving visibility into Life Time's underlying demand characteristics. Over the last two years, Life Time's same-store sales averaged 14% year-on-year growth. This performance slightly lagged the sector and suggests it might have to change its strategy or pricing, which can disrupt operations. Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. While Life Time posted positive free cash flow this quarter, the broader story hasn't been so clean. Over the last two years, Life Time's demanding reinvestments to stay relevant have drained its resources, putting it in a pinch and limiting its ability to return capital to investors. Its free cash flow margin averaged negative 3.7%, meaning it lit $3.73 of cash on fire for every $100 in revenue. As long-term investors, the risk we care about most is the permanent loss of capital, which can happen when a company goes bankrupt or raises money from a disadvantaged position. This is separate from short-term stock price volatility, something we are much less bothered by. Life Time's $3.99 billion of debt exceeds the $27.88 million of cash on its balance sheet. Furthermore, its 6× net-debt-to-EBITDA ratio (based on its EBITDA of $676.8 million over the last 12 months) shows the company is overleveraged. At this level of debt, incremental borrowing becomes increasingly expensive and credit agencies could downgrade the company's rating if profitability falls. Life Time could also be backed into a corner if the market turns unexpectedly – a situation we seek to avoid as investors in high-quality companies. We hope Life Time can improve its balance sheet and remain cautious until it increases its profitability or pays down its debt. Life Time isn't a terrible business, but it doesn't pass our quality test. With its shares beating the market recently, the stock trades at 26.9× forward price-to-earnings (or $31.72 per share). This valuation tells us it's a bit of a market darling with a lot of good news priced in - we think there are better stocks to buy right now. Let us point you toward a safe-and-steady industrials business benefiting from an upgrade cycle. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Sterling Infrastructure (+1,096% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
