Life Time Fitness shares could lose steam-Barron’s

NEW YORK, April 25 (BestGrowthStock) – A run-up in shares of Life
Time Fitness (LTM.N: ) is likely to collapse amid mounting signs
that the company’s high-growth phase is coming to an end,
Barron’s reported in its April 26 edition.

Annual same-center revenue has fallen steadily in the past
five years and earnings growth has been “checkered, at best,”
the financial newspaper reported in its column, “The Trader.”

Andrew Parlin, chief investment officer of Parlin
Investments, which is short the stock, think the stock deserves
to trade for 12 times earnings, implying a share price about
one-third lower than its current level, Barron’s reported.

In a statement to Barron’s, Life Time said its track record
of revenue growth and earnings was “representative of a strong
and enduring business model.”
(Reporting by Deepa Seetharaman; Editing by Bernard Orr)

Life Time Fitness shares could lose steam-Barron’s