Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) have been assigned an average rating of “Moderate Buy” from the nine brokerages that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $45.30.

A number of research firms have commented on ATAT. Citigroup upped their price objective on shares of Atour Lifestyle from $43.00 to $45.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. JPMorgan Chase & Co. initiated coverage on shares of Atour Lifestyle in a research report on Wednesday, November 12th. They issued an “overweight” rating and a $57.00 price target for the company. Zacks Research cut shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. Macquarie increased their target price on Atour Lifestyle from $39.00 to $44.00 and gave the company an “outperform” rating in a report on Tuesday, November 25th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Atour Lifestyle in a report on Wednesday, January 21st.

Atour Lifestyle Stock Performance

Shares of NASDAQ:ATAT opened at $35.74 on Friday. The company has a market capitalization of $4.94 billion, a PE ratio of 24.31, a price-to-earnings-growth ratio of 0.76 and a beta of 0.80. The stock has a fifty day moving average of $39.80 and a 200-day moving average of $38.18. Atour Lifestyle has a one year low of $21.50 and a one year high of $43.17.

Atour Lifestyle (NASDAQ:ATAT) last announced its earnings results on Tuesday, November 25th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. Atour Lifestyle had a return on equity of 44.62% and a net margin of 16.21%.The company had revenue of $368.95 million for the quarter, compared to analyst estimates of $340.27 million. As a group, research analysts forecast that Atour Lifestyle will post 1.24 EPS for the current fiscal year.

Atour Lifestyle Cuts Dividend

The firm also recently announced an annual dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 5th were paid a dividend of $0.36 per share. This represents a yield of 84.0%. The ex-dividend date of this dividend was Friday, December 5th. Atour Lifestyle’s payout ratio is 22.45%.

Institutional Trading of Atour Lifestyle

Hedge funds have recently made changes to their positions in the stock. Greenwoods Asset Management Hong Kong Ltd. grew its position in Atour Lifestyle by 986.9% during the third quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 2,290,136 shares of the company’s stock valued at $86,086,000 after purchasing an additional 2,079,436 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Atour Lifestyle by 11,289.7% during the 2nd quarter. SG Americas Securities LLC now owns 1,390,686 shares of the company’s stock valued at $45,211,000 after buying an additional 1,378,476 shares during the period. Tree Line Advisors Hong Kong Ltd. purchased a new position in shares of Atour Lifestyle during the 2nd quarter valued at $29,259,000. Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of Atour Lifestyle by 173.9% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,381,600 shares of the company’s stock worth $44,916,000 after acquiring an additional 877,153 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Atour Lifestyle in the second quarter worth $27,627,000. 17.79% of the stock is owned by hedge funds and other institutional investors.

Atour Lifestyle Company Profile

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.