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Shares of Life Time Fitness (NYSE:LTM) have been given a consensus recommendation of “Buy” by the six ratings firms that are currently covering the stock, Analyst Ratings Network reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $51.58.

Shares of Life Time Fitness (NYSE:LTM) opened at 39.35 on Monday. Life Time Fitness has a 52-week low of $38.72 and a 52-week high of $56.78. The stock has a 50-day moving average of $46.67 and a 200-day moving average of $47.30. The company has a market cap of $1.540 billion and a P/E ratio of 13.94.

Life Time Fitness (NYSE:LTM) last announced its earnings results on Thursday, July 24th. The company reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.81 by $0.05. The company had revenue of $326.60 million for the quarter, compared to the consensus estimate of $332.20 million. During the same quarter in the previous year, the company posted $0.80 earnings per share. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. On average, analysts predict that Life Time Fitness will post $3.02 earnings per share for the current fiscal year.

In other Life Time Fitness news, Director Jack W. Eugster acquired 5,000 shares of the stock on the open market in a transaction that occurred on Tuesday, July 29th. The shares were purchased at an average price of $39.05 per share, for a total transaction of $195,250.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

A number of analysts have recently weighed in on LTM shares. Analysts at Wedbush downgraded shares of Life Time Fitness from an “outperform” rating to a “neutral” rating in a research note on Monday. They now have a $43.00 price target on the stock, down previously from $56.00. Separately, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Life Time Fitness in a research note on Friday, July 25th. They now have a $52.00 price target on the stock, down previously from $57.00. Finally, analysts at Feltl & Co. downgraded shares of Life Time Fitness from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 25th. They now have a $55.50 price target on the stock, down previously from $71.40.

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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