Evaluating LIFE TIME GROUP HOLDINGS INC (NYSE:LTH) for high Growth Investment Opportunities.

Our stock screener has detected a potential breakout setup on LIFE TIME GROUP HOLDINGS INC (NYSE:LTH). This breakout pattern is observed when a stock consolidates following a strong upward movement. It's important to note that this pattern is based on technical analysis, and the actual breakout outcome is uncertain. However, it might be worth keeping an eye on NYSE:LTH.

What is the technical picture of LTH telling us.

As part of its analysis, ChartMill provides a comprehensive Technical Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various technical indicators and properties.

Overall LTH gets a technical rating of 8 out of 10. In the last year, LTH was one of the better performers, but we do observe some doubts in the very recent evolution.

• Both the short term and long term trends are positive. This is a very positive sign.
• Looking at the yearly performance, LTH did better than 97% of all other stocks. On top of that, LTH also shows a nice and consistent pattern of rising prices.
• LTH is part of the Hotels, Restaurants & Leisure industry. There are 136 other stocks in this industry. LTH outperforms 94% of them.
• LTH is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so LTH slightly outperforms the market at the moment.
• In the last month LTH has a been trading in the 26.33 - 32.27 range, which is quite wide. It is currently trading near the high of this range.

Our latest full technical report of LTH contains the most current technical analsysis.

Looking at the Setup

Besides the Technical Rating, ChartMill also assign a Setup Rating to every stock. This setup score also ranges from 0 to 10 and determines to which extend the stock is consolidating. This is achieved by evaluating multiple short term technical indicators. LTH currently has a 7 as setup rating:

LTH has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 32.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.95, a Stop Loss order could be placed below this zone.

Exploring LTH's Growth

ChartMill assigns a High Growth Momentum Rating (HGM) to each stock, ranging from 0 to 10. This rating is determined by analyzing different growth and profitability elements, including EPS and revenue growth, accelleration, surprises and revisions. In the case of LTH, the assigned 6 reflects its growth potential:

Earnings Momentum

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), LTH highlights its ability to generate increasing profitability, showcasing a 41.67% growth.
• LTH has experienced 90.0% growth in EPS over a 12 month period, demonstrating its ability to generate sustained and positive earnings momentum.
• LTH has achieved significant quarter-to-quarter (Q2Q) revenue growth of 18.69%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
• Accelerating Sales growth for LTH: the current Q2Q growth of 18.69% exceeds the previous quarter Q2Q growth of 18.46%.
• The average next Quarter EPS Estimate for LTH has experienced a 37.16% change in the last 3 months, reflecting evolving expectations by analysts regarding the company's EPS performance.
• LTH has surpassed EPS estimates 3 times in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.

Financial Strength & Profitability

• The operating margin of LTH has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
• The profit margin of LTH has seen steady growth over the past year, signaling improved profitability.
• With positive growth in its free cash flow (FCF) over the past year, LTH showcases its ability to generate strong cash flows and maintain a solid financial position. This growth reflects the company's efficient utilization of capital and its commitment to long-term value creation.
• LTH has a Debt/Equity ratio of 0.59, indicating a balanced approach to financing growth.

Strong Market Performance

• LTH has exhibited strong Relative Strength(RS) in recent periods, with a current 97.47 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position.

Our High Growth Momentum Breakout screen will find you more ideas suited for high growth momentum breakouts.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.