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

Shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) have been given an average recommendation of “Buy” by the nine analysts that are currently covering the stock, MarketBeat Ratings reports. Eight research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $48.00.

ATAT has been the subject of a number of recent analyst reports. UBS Group restated a “buy” rating on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Morgan Stanley restated an “overweight” rating and issued a $45.00 price objective on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Wall Street Zen upgraded Atour Lifestyle from a “hold” rating to a “buy” rating in a research report on Sunday, March 29th. Zacks Research upgraded Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 3rd. Finally, Weiss Ratings cut Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th.

Institutional Trading of Atour Lifestyle

A number of institutional investors and hedge funds have recently made changes to their positions in ATAT. Caitong International Asset Management Co. Ltd raised its holdings in shares of Atour Lifestyle by 651.7% during the third quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock valued at $25,000 after acquiring an additional 580 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new position in shares of Atour Lifestyle during the fourth quarter valued at approximately $26,000. EverSource Wealth Advisors LLC raised its holdings in shares of Atour Lifestyle by 65.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock valued at $32,000 after acquiring an additional 325 shares during the last quarter. Assetmark Inc. acquired a new position in shares of Atour Lifestyle during the third quarter valued at approximately $37,000. Finally, Atlas Capital Advisors Inc. acquired a new position in shares of Atour Lifestyle during the fourth quarter valued at approximately $37,000. 17.79% of the stock is currently owned by hedge funds and other institutional investors.

Atour Lifestyle Stock Up 1.4%

Shares of ATAT stock opened at $33.83 on Friday. The stock has a market cap of $4.67 billion, a PE ratio of 18.19, a price-to-earnings-growth ratio of 0.81 and a beta of 0.62. The business has a 50-day simple moving average of $36.38 and a 200-day simple moving average of $37.88. Atour Lifestyle has a 52-week low of $29.81 and a 52-week high of $43.17.

Atour Lifestyle (NASDAQ:ATAT) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.11. The business had revenue of $407.74 million during the quarter, compared to analysts’ expectations of $379.74 million. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%. Sell-side analysts anticipate that Atour Lifestyle will post 2.09 earnings per share for the current fiscal year.

Atour Lifestyle Increases Dividend

The firm also recently disclosed 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 boost 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 presently 27.42%.

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.