Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) Receives Consensus Rating of “Moderate Buy” from Analysts

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) has been given a consensus recommendation of “Moderate Buy” by the nine ratings firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $48.00.

A number of brokerages recently weighed in on ATAT. UBS Group reissued a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Wall Street Zen raised shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Morgan Stanley reissued an “overweight” rating and issued a $45.00 price target on shares of Atour Lifestyle in a report on Tuesday, March 17th. Weiss Ratings reissued a “buy (b-)” rating on shares of Atour Lifestyle in a report on Wednesday, January 21st. Finally, CLSA began coverage on shares of Atour Lifestyle in a report on Friday, January 2nd. They issued an “outperform” rating and a $49.00 price target on the stock.

Hedge Funds Weigh In On Atour Lifestyle

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. OLP CAPITAL MANAGEMENT Ltd raised its stake in Atour Lifestyle by 1.5% in the 4th quarter. OLP CAPITAL MANAGEMENT Ltd now owns 8,656,494 shares of the company’s stock valued at $341,066,000 after acquiring an additional 131,886 shares during the period. JPMorgan Chase & Co. raised its stake in Atour Lifestyle by 234.2% in the 4th quarter. JPMorgan Chase & Co. now owns 3,428,240 shares of the company’s stock valued at $135,073,000 after acquiring an additional 2,402,412 shares during the period. Vanguard Group Inc. raised its stake in Atour Lifestyle by 22.5% in the 4th quarter. Vanguard Group Inc. now owns 3,406,470 shares of the company’s stock valued at $134,215,000 after acquiring an additional 626,755 shares during the period. WFM ASIA BVI Ltd raised its stake in Atour Lifestyle by 184.4% in 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. Finally, Schroder Investment Management Group raised its stake in Atour Lifestyle by 64.0% in the 4th quarter. Schroder Investment Management Group now owns 2,717,894 shares of the company’s stock valued at $107,085,000 after acquiring an additional 1,060,966 shares during the period. 17.79% of the stock is owned by hedge funds and other institutional investors.

Atour Lifestyle Price Performance

ATAT opened at $38.46 on Friday. The company has a market capitalization of $5.31 billion, a price-to-earnings ratio of 23.74, a P/E/G ratio of 1.12 and a beta of 0.82. The firm’s fifty day moving average price is $37.31 and its two-hundred day moving average price is $38.37. Atour Lifestyle has a 1 year low of $23.19 and a 1 year high of $43.17.

Atour Lifestyle (NASDAQ:ATAT) last issued its quarterly earnings results on Tuesday, March 17th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.08. The company had revenue of $398.47 million for the quarter, compared to the consensus estimate of $397.20 million. Atour Lifestyle had a net margin of 16.58% and a return on equity of 46.96%. As a group, equities analysts anticipate that Atour Lifestyle will post 2.02 EPS for the current year.

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.