Life Time Likely to Post Softer Net Adds in Q1, RBC Capital Markets Says

MT Newswires Live04-22

Life Time (LTH) is likely to post softer net membership additions in fiscal Q1 due to the company's low-price 3p membership churn, RBC Capital Markets said in a Monday research note. The company is due to report results on May 5.

For Q1, RBC said it expects net adds of 13,000 compared with Street's estimates of 21,000, but the quarter-to-date net adds are unlikely to be impacted by the Middle East conflict. It reiterated its revenue and EBITDA forecasts for 2026 and 2027.

The 3p membership churn is at a lower rate than 1p membership, and the overall impact on the model is expected to be negligible, analysts wrote.

RBC reiterated its outperform rating on the stock and price target of $38.

Price: 27.82, Change: -0.76, Percent Change: -2.66

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