Atour Lifestyle (NASDAQ:ATAT) Releases Earnings Results, Misses Expectations By $0.07 EPS

Atour Lifestyle (NASDAQ:ATAT - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.07), Zacks reports. Atour Lifestyle had a net margin of 17.43% and a return on equity of 48.26%. Atour Lifestyle updated its FY 2025 guidance to EPS.

Atour Lifestyle Trading Up 10.1%

NASDAQ:ATAT traded up $3.03 during midday trading on Thursday, reaching $33.21. The company had a trading volume of 1,587,796 shares, compared to its average volume of 1,248,239. Atour Lifestyle has a 12-month low of $15.22 and a 12-month high of $33.63. The firm has a market capitalization of $4.59 billion, a price-to-earnings ratio of 28.66, a PEG ratio of 0.59 and a beta of 0.59. The stock's fifty day simple moving average is $26.77 and its 200-day simple moving average is $27.29.

Institutional Investors Weigh In On Atour Lifestyle

A hedge fund recently raised its stake in Atour Lifestyle stock. Goldman Sachs Group Inc. increased its position in shares of Atour Lifestyle Holdings Limited (NASDAQ:ATAT - Free Report) by 1.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,437,014 shares of the company's stock after purchasing an additional 14,453 shares during the period. Goldman Sachs Group Inc. owned 1.04% of Atour Lifestyle worth $40,739,000 at the end of the most recent quarter. Institutional investors and hedge funds own 17.79% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Wall Street Zen raised Atour Lifestyle from a "buy" rating to a "strong-buy" rating in a research report on Thursday. UBS Group set a $37.30 price objective on shares of Atour Lifestyle and gave the company a "buy" rating in a research note on Thursday, March 6th. Finally, Bank of America upped their target price on shares of Atour Lifestyle from $35.30 to $36.80 and gave the stock a "buy" rating in a research note on Friday, March 14th.

Atour Lifestyle Company Profile

Atour Lifestyle Holdings Limited, through its subsidiaries, develops lifestyle brands around hotel offerings in the People's Republic of China. The company provides hotel management services, including day-to-day management services of the hotels for the franchisees; and sells hotel supplies and other products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.