Atour Lifestyle (NASDAQ:ATAT) Announces Quarterly Earnings Results

Atour Lifestyle (NASDAQ:ATATGet Free Report) issued its quarterly earnings data on Thursday. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.57 by $0.03, FiscalAI reports. The business had revenue of $513.74 million for the quarter, compared to the consensus estimate of $484.56 million. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%.

Atour Lifestyle Stock Up 5.4%

ATAT opened at $37.00 on Thursday. Atour Lifestyle has a 12-month low of $30.77 and a 12-month high of $43.17. The business has a 50 day moving average of $33.18 and a 200-day moving average of $35.60. The stock has a market cap of $5.09 billion, a price-to-earnings ratio of 19.89, a PEG ratio of 0.97 and a beta of 0.64.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Thursday, August 13th. Zacks Research lowered Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $48.00.

Read Our Latest Report on Atour Lifestyle

Institutional Trading of Atour Lifestyle

Several hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd grew its position in shares of Atour Lifestyle by 651.7% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock worth $25,000 after purchasing an additional 580 shares in the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of Atour Lifestyle during the fourth quarter worth $37,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Atour Lifestyle during the fourth quarter valued at about $49,000. Quarry LP bought a new position in shares of Atour Lifestyle during the third quarter valued at $66,000. Finally, Smartleaf Asset Management LLC acquired a new stake in Atour Lifestyle during the 4th quarter valued at approximately $71,000. 17.79% of the stock is owned by institutional investors and hedge funds.

About Atour Lifestyle

(Get Free Report)

Atour Lifestyle Holdings Co, Ltd. operates as a hospitality and lifestyle company offering a range of lodging and accommodation services in China. The company’s core business includes the development, operation and management of boutique hotels and serviced apartments under its Atour Hotel and Ankora brands. These properties cater primarily to the mid- to upscale segment, delivering a blend of comfort, design-focused interiors and localized services tailored to both business and leisure travelers.

In addition to room offerings, Atour Lifestyle provides a suite of ancillary services designed to enhance guest experiences.

Further Reading

Earnings History for Atour Lifestyle (NASDAQ:ATAT)

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