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Life Time Fitness (NYSE:LTM) Director Jack W. Eugster bought 1,000 shares of Life Time Fitness stock in a transaction dated Friday, June 6th. The stock was purchased at an average cost of $46.91 per share, for a total transaction of $46,910.00. Following the completion of the purchase, the director now directly owns 28,280 shares of the company’s stock, valued at approximately $1,326,615. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

A number of research firms have recently commented on LTM. Analysts at Piper Jaffray downgraded shares of Life Time Fitness from an “overweight” rating to a “neutral” rating in a research note on Thursday. They now have a $54.00 price target on the stock, down previously from $59.00. Analysts at Oppenheimer downgraded shares of Life Time Fitness from an “outperform” rating to a “market perform” rating in a research note on Friday, April 25th. They now have a $50.00 price target on the stock, down previously from $54.00. They noted that the move was a valuation call. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $57.77.

Life Time Fitness (NYSE:LTM) traded up 1.58% during mid-day trading on Monday, hitting $47.71. 859,061 shares of the company’s stock traded hands. Life Time Fitness has a 52-week low of $40.15 and a 52-week high of $56.94. The stock has a 50-day moving average of $49.81 and a 200-day moving average of $47.22. The company has a market cap of $1.901 billion and a price-to-earnings ratio of 15.92.

Life Time Fitness (NYSE:LTM) last released its earnings data on Thursday, April 24th. The company reported $0.69 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.68 by $0.01. The company had revenue of $312.00 million for the quarter, compared to the consensus estimate of $309.47 million. During the same quarter last year, the company posted $0.67 earnings per share. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. Analysts expect that Life Time Fitness will post $3.08 EPS for the current fiscal year.

Life Time Fitness, Inc, operates multi-use sports and athletic, professional fitness, family recreation and spa centers in a resort-like environment.

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