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TheStreet Wire

Life Time Fitness Inc. (LTM): Today's Featured Leisure Winner

By TheStreet Wire 05/08/12 - 04:00 PM EDT

Find out if (LTM) is in Cramer's Portfolio.

Life Time Fitness (LTM) pushed the Leisure industry higher today making it today's featured leisure winner. The industry as a whole closed the day down 1.2%. By the end of trading, Life Time Fitness rose $1.24 (2.8%) to $46.09 on average volume. Throughout the day, 671,021 shares of Life Time Fitness exchanged hands as compared to its average daily volume of 456,900 shares. The stock ranged in a price between $43.95-$46.23 after having opened the day at $45.16 as compared to the previous trading day's close of $44.85. Other companies within the Leisure industry that increased today were: Granite City Food & Brewery (GCFB), up 9.6%, Jamba (JMBA), up 7.7%, Churchill Downs (CHDN), up 4.3%, and Luby's (LUB), up 3.7%.

Life Time Fitness, Inc. engages in designing, building, and operating sports and athletic, professional fitness, family recreation, and spa centers in the United States. Life Time Fitness has a market cap of $1.92 billion and is part of the services sector. The company has a P/E ratio of 18.9, equal to the average leisure industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 4.1% year to date as of the close of trading on Monday. Currently there are five analysts that rate Life Time Fitness a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Life Time Fitness as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

You can view the full Life Time Fitness Ratings Report.

On the negative front, Carrols Restaurant Group (TAST), down 70.6%, Krispy Kreme Doughnut (KKD), down 9.2%, Wynn Resorts (WYNN), down 4.8%, and Asia Entertainment & Resources (AERL), down 4.5%, were all losers within the leisure industry with Priceline.com (PCLN) being today's leisure industry loser.

Use our leisure section to find industry-relevant news.
Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider PowerShares Dynamic Leisure&Entert (PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services (SCC).

Find other investment ideas from our top rated ETFs lists.

For more information on Life Time Fitness Inc. click any of the following:

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