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

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) has received an average recommendation of “Buy” from the nine research firms that are presently covering the firm, MarketBeat Ratings reports. Eight equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $48.00.

ATAT has been the topic of several research analyst reports. UBS Group reiterated a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Morgan Stanley reiterated an “overweight” rating and issued a $45.00 price objective on shares of Atour Lifestyle in a report on Tuesday, March 17th. Zacks Research upgraded Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Wall Street Zen upgraded Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Finally, Weiss Ratings cut Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th.

Atour Lifestyle Stock Performance

Shares of NASDAQ ATAT opened at $33.42 on Friday. The company’s fifty day moving average price is $36.63 and its 200 day moving average price is $38.02. Atour Lifestyle has a 1 year low of $29.81 and a 1 year high of $43.17. The company has a market capitalization of $4.62 billion, a PE ratio of 17.97, a price-to-earnings-growth ratio of 0.83 and a beta of 0.62.

Atour Lifestyle (NASDAQ:ATAT) last posted its quarterly earnings data 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 during 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%. On average, equities analysts expect that Atour Lifestyle will post 2.09 EPS for the current year.

Atour Lifestyle Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Monday, June 22nd. Stockholders of record on Friday, June 5th will be given a $0.54 dividend. This represents a dividend yield of 162.0%. This is a positive change from Atour Lifestyle’s previous annual dividend of $0.36. The ex-dividend date is Friday, June 5th. Atour Lifestyle’s dividend payout ratio (DPR) is currently 17.74%.

Institutional Investors Weigh In On Atour Lifestyle

A number of hedge funds have recently modified their holdings of ATAT. JPMorgan Chase & Co. raised its position in shares of Atour Lifestyle by 234.2% in the fourth quarter. JPMorgan Chase & Co. now owns 3,428,240 shares of the company’s stock valued at $135,073,000 after buying an additional 2,402,412 shares during the last quarter. Greenwoods Asset Management Hong Kong Ltd. raised its position in shares of Atour Lifestyle by 986.9% in 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 buying an additional 2,079,436 shares during the last quarter. WFM ASIA BVI Ltd raised its position in shares of Atour Lifestyle by 184.4% in the fourth quarter. WFM ASIA BVI Ltd now owns 3,155,425 shares of the company’s stock valued at $124,324,000 after buying an additional 2,045,832 shares during the last quarter. Schroder Investment Management Group raised its position in shares of Atour Lifestyle by 64.0% in the fourth quarter. Schroder Investment Management Group now owns 2,717,894 shares of the company’s stock valued at $107,085,000 after buying an additional 1,060,966 shares during the last quarter. Finally, Broad Peak Investment Advisers Pte Ltd acquired a new stake in shares of Atour Lifestyle in the fourth quarter valued at about $31,756,000. 17.79% of the stock is currently owned by institutional investors and hedge funds.

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.