Atour Lifestyle (NASDAQ:ATAT) Issues Earnings Results

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

Atour Lifestyle Trading Up 5.4%

ATAT stock opened at $37.00 on Thursday. The firm has a 50-day moving average of $33.18 and a two-hundred day moving average of $35.60. Atour Lifestyle has a 12 month low of $30.77 and a 12 month high of $43.17. The company 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.

Hedge Funds Weigh In On Atour Lifestyle

A number of institutional investors have recently added to or reduced their stakes in ATAT. Jain Global LLC acquired a new stake in shares of Atour Lifestyle in the 4th quarter worth $489,000. Public Employees Retirement System of Ohio boosted its position in shares of Atour Lifestyle by 46.3% during the 4th quarter. Public Employees Retirement System of Ohio now owns 9,072 shares of the company’s stock valued at $357,000 after acquiring an additional 2,872 shares during the last quarter. Scientech Research LLC acquired a new position in shares of Atour Lifestyle during the 3rd quarter valued at about $301,000. Royal Bank of Canada grew its holdings in shares of Atour Lifestyle by 7.3% in the fourth quarter. Royal Bank of Canada now owns 7,469 shares of the company’s stock valued at $294,000 after purchasing an additional 511 shares during the period. Finally, Brooklyn Investment Group acquired a new stake in Atour Lifestyle during the fourth quarter worth about $228,000. Hedge funds and other institutional investors own 17.79% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Zacks Research downgraded shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. Weiss Ratings reissued a “buy (b-)” rating on shares of Atour Lifestyle in a report on Thursday, August 13th. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Atour Lifestyle currently has a consensus rating of “Moderate Buy” and a consensus price target of $48.00.

About Atour Lifestyle

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.