Brokerages Set Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) PT at $45.30

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

Several research analysts have issued reports on ATAT shares. Zacks Research cut shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 17th. CLSA started coverage on Atour Lifestyle in a research report on Friday, January 2nd. They issued an “outperform” rating and a $49.00 price objective on the stock. Citigroup lifted their target price on Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. JPMorgan Chase & Co. began coverage on Atour Lifestyle in a research report on Wednesday, November 12th. They set an “overweight” rating and a $57.00 price objective on the stock. Finally, Macquarie Infrastructure boosted their target price on Atour Lifestyle from $39.00 to $44.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 25th.

Atour Lifestyle Stock Up 1.5%

ATAT stock opened at $37.22 on Friday. The business has a 50 day moving average of $39.66 and a 200 day moving average of $38.19. The firm has a market cap of $5.14 billion, a PE ratio of 25.32, a price-to-earnings-growth ratio of 0.77 and a beta of 0.80. Atour Lifestyle has a twelve month low of $21.50 and a twelve month high of $43.17.

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

Atour Lifestyle Cuts Dividend

The business also recently disclosed an annual dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 5th were given a dividend of $0.36 per share. The ex-dividend date was Friday, December 5th. This represents a yield of 84.0%. Atour Lifestyle’s dividend payout ratio is 22.45%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. lifted its holdings in shares of Atour Lifestyle by 1.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,437,014 shares of the company’s stock worth $40,739,000 after acquiring an additional 14,453 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its position in shares of Atour Lifestyle by 147.1% during the second quarter. Robeco Institutional Asset Management B.V. now owns 18,195 shares of the company’s stock valued at $592,000 after buying an additional 10,833 shares during the period. Aberdeen Group plc grew its stake in shares of Atour Lifestyle by 290.3% during the second quarter. Aberdeen Group plc now owns 740,294 shares of the company’s stock valued at $24,437,000 after buying an additional 550,604 shares during the last quarter. Leading Securities Co Ltd raised its holdings in shares of Atour Lifestyle by 134.1% in the second quarter. Leading Securities Co Ltd now owns 124,594 shares of the company’s stock worth $4,051,000 after buying an additional 71,368 shares during the period. Finally, Ritholtz Wealth Management bought a new stake in shares of Atour Lifestyle during the 2nd quarter worth approximately $294,000. 17.79% of the stock is owned by hedge funds and other institutional investors.

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.