Atour Lifestyle (NASDAQ:ATAT – Get Free Report) announced its earnings results on Thursday. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.03, FiscalAI reports. The firm had revenue of $513.74 million during the quarter, compared to analyst estimates of $484.56 million. Atour Lifestyle had a net margin of 17.22% and a return on equity of 51.75%
Get Atour Lifestyle alerts:
Atour Lifestyle Price Performance
- Why Wyndham Hotels Is The Industry Value Play, An Earnings Story
NASDAQ ATAT opened at $37.00 on Thursday. The company’s fifty day moving average is $33.18 and its two-hundred day moving average is $35.60. Atour Lifestyle has a 52-week low of $30.77 and a 52-week high of $43.17. The firm has a market capitalization of $5.09 billion, a price-to-earnings ratio of 19.89, a P/E/G ratio of 0.97 and a beta of 0.64
Institutional Investors Weigh In On Atour Lifestyle
A number of institutional investors have recently added to or reduced their stakes in ATAT. Caitong International Asset Management Co. Ltd lifted its position in 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 buying 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 approximately $37,000. Mcguire Capital Advisors Inc. bought a new position in Atour Lifestyle in the fourth quarter valued at approximately $49,000. Quarry LP acquired a new stake in Atour Lifestyle during the 3rd quarter worth $66,000. Finally, Smartleaf Asset Management LLC bought a new stake in shares of Atour Lifestyle during the 4th quarter valued at $71,000. 17.79% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
ATAT has been the subject of several analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a report on Thursday, August 13th. Zacks Research lowered shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $48.00.
Ad Porter & Company
Trump’s New Currency Reset
Trump is launching a new $250 bill – but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.nnThe last time America reset its currency – under Nixon in the 1970s – it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump’s initiative that could surge, plus his single top investment move.
Watch the documentary briefing and find out which side you land on
