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

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) has received a consensus recommendation of “Moderate Buy” from the nine research firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $45.30.

ATAT has been the subject of several analyst reports. Zacks Research cut Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. Citigroup upped their price target on Atour Lifestyle from $43.00 to $45.00 and gave the company a “buy” rating in a report on Tuesday, November 25th. Macquarie increased their price target on shares of Atour Lifestyle from $39.00 to $44.00 and gave the company an “outperform” rating in a research note on Tuesday, November 25th. CLSA initiated coverage on shares of Atour Lifestyle in a report on Friday, January 2nd. They set an “outperform” rating and a $49.00 price objective on the stock. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Atour Lifestyle in a report on Wednesday, January 21st.

Atour Lifestyle Trading Down 1.0%

Shares of NASDAQ:ATAT opened at $36.08 on Friday. Atour Lifestyle has a 52 week low of $21.50 and a 52 week high of $43.17. The company’s 50 day moving average is $39.75 and its two-hundred day moving average is $38.20. The company has a market cap of $4.99 billion, a PE ratio of 24.54, a P/E/G ratio of 0.75 and a beta of 0.80.

Atour Lifestyle (NASDAQ:ATAT) last issued 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 during the quarter, compared to the consensus estimate of $340.27 million. Atour Lifestyle had a net margin of 16.21% and a return on equity of 44.62%. As a group, equities research analysts expect that Atour Lifestyle will post 1.24 EPS for the current 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 paid a $0.36 dividend. This represents a yield of 84.0%. The ex-dividend date was Friday, December 5th. Atour Lifestyle’s dividend payout ratio is currently 22.45%.

Institutional Trading of Atour Lifestyle

Hedge funds and other institutional investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd grew its stake in Atour Lifestyle by 651.7% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock worth $25,000 after buying an additional 580 shares during the last quarter. Hollencrest Capital Management purchased a new stake in Atour Lifestyle in the second quarter valued at approximately $29,000. Assetmark Inc. acquired a new stake in shares of Atour Lifestyle in the third quarter valued at approximately $37,000. Loomis Sayles & Co. L P grew its position in shares of Atour Lifestyle by 322.0% during the second quarter. Loomis Sayles & Co. L P now owns 1,456 shares of the company’s stock worth $47,000 after acquiring an additional 1,111 shares during the last quarter. Finally, Blue Trust Inc. acquired a new position in shares of Atour Lifestyle in the 3rd quarter valued at $60,000. Institutional investors and hedge funds own 17.79% of the company’s stock.

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.