Atour Lifestyle (ATAT) Set to Release Earnings This Tuesday

Atour Lifestyle (NASDAQ:ATAT – Get Free Report) is expected to announce its earnings results before the market opens on Tuesday, March 25th. Analysts are forecasting that the company will report earnings of $0.29 per share, along with revenue estimated at $275.49 million for the quarter. Those interested in joining the earnings conference call can sign up through a provided link.

Atour Lifestyle Stock Performance

The stock for Atour Lifestyle opened at $30.27 on Friday. With a market capitalization of $4.17 billion, the company shows a price-to-earnings (PE) ratio of 26.10 and a price-to-earnings-growth (PEG) ratio of 0.59. It also has a beta of 0.37, indicating lower volatility compared to the market. The company’s stock has a 50-day moving average of $28.81 and a 200-day moving average of $26.75. In the past year, Atour Lifestyle has had a low of $15.22 and a high of $33.32.

Recent Analyst Ratings

Atour Lifestyle has caught the attention of various analysts recently. On March 14th, Bank of America raised its price target for the shares from $35.30 to $36.80 while assigning a "buy" rating. Additionally, UBS Group set a target price of $37.30 and also provided a "buy" rating in a report dated March 6th. Furthermore, The Goldman Sachs Group initiated coverage on Atour Lifestyle back on December 9th, giving it a "buy" rating and a target price of $34.40.

About Atour Lifestyle

Atour Lifestyle Holdings Limited, through its subsidiaries, focuses on developing lifestyle brands around hotel offerings in the People's Republic of China. The company provides management services for hotels, assisting franchisees with their day-to-day operations, and also sells hotel supplies and other related products.

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