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ATOUR LIFESTYLE HOLDINGS LIMITED. (NASDAQ:ATAT) just released its latest annual results, and things are looking bullish. The company performed well overall, with sales reaching C$4.7 billion, 6.3% higher than analysts’ expectations. Statutory earnings per share (EPS) was RMB5.34, approximately 3.3% higher than analysts’ expectations. Analysts typically update their forecasts after each earnings report, and we can use their forecasts to determine whether their view of the company has changed or if there are any new concerns to be aware of. . So we’ve gathered the latest post-earnings statutory consensus forecasts to see what’s in store for next year.
Check out our latest analysis for Atul Lifestyle Holdings.
Taking into account the latest results, the consensus estimate of Atour Lifestyle Holdings’ 9 analysts is calling for revenue of CA$5.73b in 2024. This reflects a significant 23% improvement in revenue compared to the previous 12 months. Earnings per share are expected to rise 49% to CN7.96. Prior to this earnings report, analysts had expected 2024 sales of C$5.4 billion and earnings per share (EPS) of CNY7.97. Even after this earnings announcement, there doesn’t seem to be any major change in sentiment other than the earnings forecast. Earnings forecasts increased slightly.
Despite the increase in earnings estimates, the consensus price target of $29.69 remains unchanged, suggesting that analysts are focused on earnings as the driver of value creation. The consensus price target is just the average of the individual analyst targets, so it’s useful to see how wide the range of underlying forecasts is. There are varying opinions on Atour Lifestyle Holdings, with the most bullish analyst valuing it at $37.96 per share and the most bearish pricing it at $23.90 per share. With such a narrow valuation range, it seems like the analysts share a similar view on the value of the business.
One way to get more context about these forecasts is to compare them to their past performance and to the performance of other companies in the same industry. Atour Lifestyle Holdings’ revenue growth is expected to slow, highlighting that the expected annual growth rate of 23% through the end of 2024 is significantly lower than the historic annual growth rate of 31% over the past three years I think that I want to do it. For comparison, other companies in the industry covered by analysts are expected to grow their revenue at 9.7% per year. So while Atul Lifestyle Holdings’ revenue growth is expected to slow, it’s clear that it is still expected to grow faster than the industry itself.
conclusion
The most obvious conclusion is that there haven’t been any significant changes to the company’s business outlook recently, with analysts keeping their revenue estimates unchanged from previous estimates. Pleasingly, they’ve also upgraded their revenue estimates, with their forecasts suggesting the business is expected to grow faster than the broader industry. There was no material change to the consensus price target, suggesting that the intrinsic value of the business has not changed significantly at the latest estimate.
That said, the long-term trajectory of the company’s earnings is far more important than next year. We have multiple analysts’ forecasts for Atour Lifestyle Holdings to 2026 and are available for free on our platform here.
However, you should always think about the risks.Good example we found 1 warning sign for Atour Lifestyle Holdings. you should know.
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This article by Simply Wall St is general in nature. We provide commentary using only unbiased methodologies, based on historical data and analyst forecasts, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.
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