Atour Lifestyle (NASDAQ:ATAT) Issues Earnings Results

Atour Lifestyle (NASDAQ:ATAT - Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.23), FiscalAI reports. Atour Lifestyle had a return on equity of 44.62% and a net margin of 16.21%.The business had revenue of $398.47 million during the quarter, compared to analyst estimates of $397.20 million.

Atour Lifestyle Stock Down 0.9%

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Shares of NASDAQ:ATAT opened at $34.94 on Tuesday. Atour Lifestyle has a 52-week low of $21.50 and a 52-week high of $43.17. The stock has a market cap of $4.83 billion, a price-to-earnings ratio of 23.77, a PEG ratio of 0.73 and a beta of 0.76. The business has a 50-day moving average price of $37.95 and a 200-day moving average price of $38.75.

Wall Street Analyst Weigh In

ATAT has been the topic of several recent analyst reports. Weiss Ratings restated a "buy (b-)" rating on shares of Atour Lifestyle in a report on Wednesday, January 21st. Citigroup boosted their target price on shares of Atour Lifestyle from $43.00 to $45.00 and gave the stock a "buy" rating in a research report on Tuesday, November 25th. Macquarie Infrastructure upped their price target on shares of Atour Lifestyle from $39.00 to $44.00 and gave the company an "outperform" rating in a research note on Tuesday, November 25th. CLSA assumed coverage on shares of Atour Lifestyle in a report on Friday, January 2nd. They issued an "outperform" rating and a $49.00 price target for the company. Finally, Zacks Research downgraded shares of Atour Lifestyle from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 17th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Atour Lifestyle presently has an average rating of "Moderate Buy" and an average target price of $48.60.

Get Our Latest Stock Report on ATAT

Hedge Funds Weigh In On Atour Lifestyle

A number of institutional investors have recently bought and sold shares of ATAT. JPMorgan Chase & Co. lifted its stake in Atour Lifestyle by 234.2% during the 4th quarter. JPMorgan Chase & Co. now owns 3,428,240 shares of the company's stock valued at $135,073,000 after acquiring an additional 2,402,412 shares during the period. Schroder Investment Management Group increased its stake in shares of Atour Lifestyle by 64.0% in the fourth quarter. Schroder Investment Management Group now owns 2,717,894 shares of the company's stock worth $107,085,000 after acquiring an additional 1,060,966 shares during the period. Renaissance Technologies LLC increased its stake in shares of Atour Lifestyle by 13.3% in the fourth quarter. Renaissance Technologies LLC now owns 2,178,968 shares of the company's stock worth $85,851,000 after acquiring an additional 256,600 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Atour Lifestyle by 1.0% during the first quarter. Goldman Sachs Group Inc. now owns 1,437,014 shares of the company's stock worth $40,739,000 after purchasing an additional 14,453 shares during the last quarter. Finally, Millennium Management LLC lifted its position in Atour Lifestyle by 208.9% during the third quarter. Millennium Management LLC now owns 1,052,392 shares of the company's stock valued at $39,559,000 after purchasing an additional 711,660 shares during the period. 17.79% of the stock is owned by hedge funds and other institutional investors.

Atour Lifestyle Company Profile

(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.

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