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 given an average recommendation of “Moderate Buy” by the nine research firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $48.00.

Several equities analysts have issued reports on the stock. UBS Group restated a “buy” rating on shares of Atour Lifestyle in a research note on Tuesday, March 17th. Morgan Stanley reiterated an “overweight” rating and issued a $45.00 price target on shares of Atour Lifestyle in a research note on Tuesday, March 17th. Weiss Ratings restated a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, January 21st. CLSA began coverage on shares of Atour Lifestyle in a report on Friday, January 2nd. They issued an “outperform” rating and a $49.00 target price on the stock. Finally, Wall Street Zen downgraded shares of Atour Lifestyle from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st.

Atour Lifestyle Stock Down 3.1%

Shares of NASDAQ ATAT opened at $34.92 on Monday. The firm has a market cap of $4.83 billion, a P/E ratio of 21.56, a PEG ratio of 1.09 and a beta of 0.76. Atour Lifestyle has a twelve month low of $21.50 and a twelve month high of $43.17. The company has a 50 day moving average of $37.38 and a 200 day moving average of $38.59.

Atour Lifestyle (NASDAQ:ATAT) last posted its earnings results on Tuesday, March 17th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.08. Atour Lifestyle had a return on equity of 46.96% and a net margin of 16.58%.The business had revenue of $398.47 million during the quarter, compared to analyst estimates of $397.20 million. As a group, equities analysts expect that Atour Lifestyle will post 1.24 earnings per share for the current fiscal year.

Institutional Trading of Atour Lifestyle

Large investors have recently modified their holdings of the company. OLP CAPITAL MANAGEMENT Ltd boosted its position in Atour Lifestyle by 1.5% in the fourth quarter. OLP CAPITAL MANAGEMENT Ltd now owns 8,656,494 shares of the company’s stock worth $341,066,000 after purchasing an additional 131,886 shares during the last quarter. Aspex Management HK Ltd raised its position in Atour Lifestyle by 17.8% in the second quarter. Aspex Management HK Ltd now owns 5,314,881 shares of the company’s stock worth $172,787,000 after acquiring an additional 804,245 shares during the period. JPMorgan Chase & Co. raised its position in Atour Lifestyle by 234.2% in the fourth quarter. JPMorgan Chase & Co. now owns 3,428,240 shares of the company’s stock worth $135,073,000 after acquiring an additional 2,402,412 shares during the period. Vanguard Group Inc. boosted its stake in shares of Atour Lifestyle by 22.5% during the 4th quarter. Vanguard Group Inc. now owns 3,406,470 shares of the company’s stock worth $134,215,000 after acquiring an additional 626,755 shares during the last quarter. Finally, WFM ASIA BVI Ltd grew its position in shares of Atour Lifestyle by 184.4% during the 4th quarter. WFM ASIA BVI Ltd now owns 3,155,425 shares of the company’s stock valued at $124,324,000 after acquiring an additional 2,045,832 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.