Atour Lifestyle (NASDAQ:ATAT) Sets New 12-Month Low – Here’s What Happened

Shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $30.78 and last traded at $31.1690, with a volume of 289296 shares. The stock had previously closed at $32.13.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on ATAT shares. Wall Street Zen raised Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Weiss Ratings downgraded Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Finally, Zacks Research downgraded shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $48.00.

Atour Lifestyle Price Performance

The firm has a market capitalization of $4.32 billion, a P/E ratio of 16.91, a price-to-earnings-growth ratio of 0.76 and a beta of 0.65. The business has a 50 day moving average price of $33.34 and a 200 day moving average price of $36.16.

Atour Lifestyle (NASDAQ:ATAT) last announced its earnings results on Wednesday, May 13th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.11. The firm had revenue of $407.74 million during the quarter, compared to the consensus estimate of $379.74 million. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%. As a group, equities analysts expect that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 EPS for the current year.

Atour Lifestyle Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Monday, June 22nd. Stockholders of record on Friday, June 5th were paid a $0.54 dividend. The ex-dividend date was Friday, June 5th. This is a positive change from Atour Lifestyle’s previous annual dividend of $0.36. This represents a dividend yield of 162.0%. Atour Lifestyle’s dividend payout ratio is 27.42%.

Hedge Funds Weigh In On Atour Lifestyle

Institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its position in Atour Lifestyle by 234.2% during the fourth quarter. JPMorgan Chase & Co. now owns 3,428,240 shares of the company’s stock worth $135,073,000 after buying an additional 2,402,412 shares in the last quarter. WFM ASIA BVI Ltd lifted its position in shares of Atour Lifestyle by 184.4% in the 4th quarter. WFM ASIA BVI Ltd now owns 3,155,425 shares of the company’s stock worth $124,324,000 after acquiring an additional 2,045,832 shares during the period. Schroder Investment Management Group grew its holdings in shares of Atour Lifestyle by 64.0% during the 4th quarter. Schroder Investment Management Group now owns 2,717,894 shares of the company’s stock worth $107,085,000 after purchasing an additional 1,060,966 shares in the last quarter. Broad Peak Investment Advisers Pte Ltd acquired a new stake in shares of Atour Lifestyle during the 4th quarter worth approximately $31,756,000. Finally, Bank of Montreal Can bought a new stake in shares of Atour Lifestyle during the fourth quarter valued at approximately $28,828,000. 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.