Life Time Fitness Inc. ( LTM ) saw a big move last session, as the company's shares fell nearly 13% 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 most recent downtrend for LTM, as the stock is down over 16% since Jul 3.
The Leisure provider has seen a mixed track record when it comes to current year estimate revisions over the past few weeks (0 increase, 1 decreases), and the consensus for earnings estimate hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
LTM currently has a Zacks Rank #4 (Sell).
Some better-ranked stocks in the Leisure and Recreational Services industry include Royal Caribbean Cruises Ltd. ( RCL
), Dover Motorsports Inc. ( DVD
) and Vail Resorts Inc. ( MTN
). While Royal Caribbean carries a Zacks rank #1 (Strong Buy), Dover Motorsports and Vail Resorts holds a Zacks Rank #2 (Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportLIFE TIME FITNS (LTM): Free Stock Analysis ReportDOVER MOTORSPRT (DVD): Free Stock Analysis ReportROYAL CARIBBEAN (RCL): Free Stock Analysis ReportVAIL RESORTS (MTN): Free Stock Analysis ReportTo read this article on Zacks.com click here.