Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) Receives $48.00 Consensus Target Price from Brokerages

Shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) have received an average recommendation of “Moderate Buy” from the nine analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $48.00.

A number of brokerages have weighed in on ATAT. Weiss Ratings reissued a “buy (b-)” rating on shares of Atour Lifestyle in a report on Wednesday, January 21st. Morgan Stanley reissued an “overweight” rating and set a $45.00 target price on shares of Atour Lifestyle in a report on Tuesday, March 17th. UBS Group reissued a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Finally, Wall Street Zen raised shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th.

Institutional Trading of Atour Lifestyle

A number of large investors have recently modified their holdings of the company. Van Berkom & Associates Inc. increased its holdings in shares of Atour Lifestyle by 0.4% in the 1st quarter. Van Berkom & Associates Inc. now owns 70,343 shares of the company’s stock worth $2,589,000 after acquiring an additional 300 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Atour Lifestyle by 65.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock worth $32,000 after acquiring an additional 325 shares during the period. New York State Common Retirement Fund increased its holdings in shares of Atour Lifestyle by 3.7% in the 3rd quarter. New York State Common Retirement Fund now owns 14,100 shares of the company’s stock worth $530,000 after acquiring an additional 500 shares during the period. Royal Bank of Canada increased its holdings in shares of Atour Lifestyle by 7.3% in the 4th quarter. Royal Bank of Canada now owns 7,469 shares of the company’s stock worth $294,000 after acquiring an additional 511 shares during the period. Finally, TD Waterhouse Canada Inc. increased its holdings in shares of Atour Lifestyle by 3.2% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 18,084 shares of the company’s stock worth $659,000 after acquiring an additional 555 shares during the period. Institutional investors and hedge funds own 17.79% of the company’s stock.

Atour Lifestyle Stock Performance

Shares of NASDAQ:ATAT opened at $36.98 on Tuesday. The stock has a market capitalization of $5.11 billion, a price-to-earnings ratio of 19.88, a price-to-earnings-growth ratio of 0.94 and a beta of 0.72. Atour Lifestyle has a 1-year low of $29.02 and a 1-year high of $43.17. The company’s fifty day moving average is $37.05 and its two-hundred day moving average is $38.50.

Atour Lifestyle (NASDAQ:ATAT) last issued its earnings results on Wednesday, May 13th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.11. The company had revenue of $407.74 million for the quarter, compared to analysts’ expectations of $379.74 million. Atour Lifestyle had a net margin of 17.22% and a return on equity of 51.75%. Sell-side analysts expect that Atour Lifestyle will post 2.07 EPS for the current fiscal year.

Atour Lifestyle Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Monday, June 22nd. Investors of record on Friday, June 5th will be issued a $0.54 dividend. This is a boost from Atour Lifestyle’s previous annual dividend of $0.36. The ex-dividend date of this dividend is Friday, June 5th. This represents a dividend yield of 140.0%. Atour Lifestyle’s dividend payout ratio is 29.03%.

About Atour Lifestyle

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.