Brokerages Set Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) Target Price at $48.00

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) has been assigned a consensus recommendation of “Moderate Buy” from the nine analysts that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $48.00.

A number of research analysts have commented on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a report on Thursday, August 13th. Zacks Research downgraded Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th.

Atour Lifestyle Stock Down 1.1%

Shares of ATAT stock opened at $35.27 on Thursday. Atour Lifestyle has a 12-month low of $30.77 and a 12-month high of $43.17. The company has a market capitalization of $4.85 billion, a PE ratio of 17.37, a price-to-earnings-growth ratio of 0.96 and a beta of 0.64. The firm has a 50 day moving average price of $33.34 and a two-hundred day moving average price of $35.56.

Atour Lifestyle (NASDAQ:ATAT) last posted its earnings results on Thursday, August 20th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.57 by $0.02. The company had revenue of $513.74 million for the quarter, compared to the consensus estimate of $484.56 million. Atour Lifestyle had a return on equity of 55.00% and a net margin of 16.75%. As a group, research analysts expect that Atour Lifestyle will post 2.09 EPS for the current year.

Institutional Trading of Atour Lifestyle

A number of institutional investors have recently bought and sold shares of the business. AIA Group Ltd grew its position in Atour Lifestyle by 25.6% during the first quarter. AIA Group Ltd now owns 180,407 shares of the company’s stock worth $6,641,000 after buying an additional 36,735 shares in the last quarter. Temasek Holdings Private Ltd bought a new position in Atour Lifestyle during the 1st quarter worth $2,880,000. Matthews International Capital Management LLC raised its holdings in Atour Lifestyle by 33.8% in the 1st quarter. Matthews International Capital Management LLC now owns 219,378 shares of the company’s stock valued at $8,075,000 after acquiring an additional 55,389 shares in the last quarter. Broad Peak Investment Advisers Pte Ltd acquired a new position in Atour Lifestyle in the 4th quarter valued at $31,756,000. Finally, Principal Financial Group Inc. lifted its position in shares of Atour Lifestyle by 19.9% during the 1st quarter. Principal Financial Group Inc. now owns 977,996 shares of the company’s stock valued at $36,000,000 after acquiring an additional 162,574 shares during the period. Institutional investors own 17.79% of the company’s stock.

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.