Life Time Group Holdings is a holding company. Through its subsidiaries, Co. is engaged in providing health, fitness and wellness experiences at its athletic resort destinations and via its digital platform and portfolio of athletic events. Co. designs, builds and operates its athletic resort destinations that are multi-use sports and athletic, professional fitness, family recreation and spa centers in a resort-like environment. Co.'s athletic centers provide fitness floors with equipment, locker rooms, group fitness studios, indoor and outdoor pools and bistros, indoor and outdoor tennis courts, basketball courts, LifeSpa, LifeCafe and its childcare and Kids Academy learning spaces. We show 4 historical shares outstanding datapoints in our LTH shares outstanding history coverage, used to compute LTH market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LTH market cap history over the course of time is important for investors
interested in comparing LTH's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of LTH versus a peer is one thing; comparing
LTH market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like LTH can fluctuate over the course of history.
With this page we aim to empower investors researching LTH by allowing them to research the LTH market cap history. |
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Video: The Importance of Market Cap
