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

Shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) have been assigned a consensus recommendation of “Moderate Buy” from the nine research firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $45.30.

ATAT has been the subject of a number of analyst reports. Macquarie Infrastructure raised their target price on shares of Atour Lifestyle from $39.00 to $44.00 and gave the company an “outperform” rating in a research note on Tuesday, November 25th. CLSA began coverage on Atour Lifestyle in a research report on Friday, January 2nd. They set an “outperform” rating and a $49.00 price objective for the company. Citigroup lifted their price objective on 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 Atour Lifestyle in a research note on Wednesday, November 12th. They issued an “overweight” rating and a $57.00 target price on the stock. Finally, Zacks Research downgraded Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 17th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd increased its position in shares of Atour Lifestyle by 651.7% during the third quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock valued at $25,000 after acquiring an additional 580 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Atour Lifestyle by 65.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock valued at $32,000 after purchasing an additional 325 shares during the last quarter. Hollencrest Capital Management bought a new stake in shares of Atour Lifestyle in the 2nd quarter worth $29,000. Atlas Capital Advisors Inc. purchased a new position in shares of Atour Lifestyle in the fourth quarter worth $37,000. Finally, Assetmark Inc. bought a new position in shares of Atour Lifestyle during the third quarter valued at $37,000. Institutional investors own 17.79% of the company’s stock.

Atour Lifestyle Trading Up 2.6%

Shares of Atour Lifestyle stock opened at $40.93 on Thursday. Atour Lifestyle has a 12 month low of $21.50 and a 12 month high of $43.17. The firm has a market capitalization of $5.66 billion, a P/E ratio of 27.84, a P/E/G ratio of 0.82 and a beta of 0.80. The business has a fifty day simple moving average of $39.01 and a two-hundred day simple moving average of $38.61.

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

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.