Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) Given Consensus Rating of “Moderate Buy” by Brokerages

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) has earned an average rating of “Moderate Buy” from the nine research firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $48.00.

A number of research firms have recently weighed in on ATAT. Wall Street Zen raised Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Weiss Ratings cut shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. Finally, Zacks Research downgraded shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th.

Atour Lifestyle Trading Up 1.6%

Shares of NASDAQ ATAT opened at $31.95 on Friday. The firm has a market cap of $4.39 billion, a P/E ratio of 17.18, a price-to-earnings-growth ratio of 0.78 and a beta of 0.65. The business’s 50 day moving average is $33.10 and its 200-day moving average is $36.07. Atour Lifestyle has a 1-year low of $30.77 and a 1-year high of $43.17.

Atour Lifestyle (NASDAQ:ATAT) last released its quarterly earnings results 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. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%.The business had revenue of $407.74 million during the quarter, compared to the consensus estimate of $379.74 million. Analysts forecast that Atour Lifestyle will post 2.09 EPS for the current year.

Atour Lifestyle Increases Dividend

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

Hedge Funds Weigh In On Atour Lifestyle

A number of hedge funds have recently added to or reduced their stakes in ATAT. Caitong International Asset Management Co. Ltd raised its holdings in Atour Lifestyle by 651.7% in the 3rd 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 in the last quarter. Rockefeller Capital Management L.P. bought a new stake in shares of Atour Lifestyle during the 4th quarter valued at $26,000. EverSource Wealth Advisors LLC grew its holdings in shares of Atour Lifestyle by 65.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock worth $32,000 after purchasing an additional 325 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new stake in shares of Atour Lifestyle during the 4th quarter worth $37,000. Finally, Hollencrest Capital Management bought a new position in shares of Atour Lifestyle in the first quarter worth $46,000. Institutional investors 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.