Life Time Fitness Inc. (LTM) saw a big move last session, as the company’s shares fell over 14% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for LTM, as the stock is now down nearly 3% in the past one-month time frame.
The company which operates distinctive and large sports, athletic, fitness and family recreation centres has seen a mixed track record when it comes to current year estimate revisions over the past few weeks with flat revision, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.
LTM currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0%.
Some better-ranked stocks in the same sector include Dover Motorsports Inc. (DVD), Regal Entertainment Group (RGC) and Royal Caribbean Cruises Ltd. (RCL). All these carry a Zacks Rank #2 (Buy).
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LIFE TIME FITNESS INC (LTM): Free Stock Analysis Report
DOVER MOTORSPORTS INC (DVD): Free Stock Analysis Report
REGAL ENTMT GROUP (RGC): Free Stock Analysis Report
ROYAL CARIBBEAN CRUISES LTD (RCL): Free Stock Analysis Report
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