Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) Receives Consensus Recommendation of “Moderate Buy” from Analysts
by Jessica Moore · The Cerbat GemAtour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $48.00.
Several analysts have weighed in on ATAT shares. UBS Group reaffirmed a “buy” rating on shares of Atour Lifestyle in a research note on Tuesday, March 17th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Wednesday, January 21st. Morgan Stanley reaffirmed an “overweight” rating and issued a $45.00 target price on shares of Atour Lifestyle in a research note on Tuesday, March 17th. Finally, Wall Street Zen raised shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a research note on Sunday, March 29th.
View Our Latest Analysis on Atour Lifestyle
Institutional Investors Weigh In On Atour Lifestyle
Several large investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. lifted its stake in Atour Lifestyle by 1.0% in the first quarter. Goldman Sachs Group Inc. now owns 1,437,014 shares of the company’s stock valued at $40,739,000 after acquiring an additional 14,453 shares during the last quarter. American Century Companies Inc. increased its position in Atour Lifestyle by 13.8% during the second quarter. American Century Companies Inc. now owns 68,633 shares of the company’s stock worth $2,231,000 after acquiring an additional 8,332 shares during the period. First Trust Advisors LP bought a new position in Atour Lifestyle during the second quarter worth about $1,586,000. Jump Financial LLC increased its position in Atour Lifestyle by 38.0% during the second quarter. Jump Financial LLC now owns 62,192 shares of the company’s stock worth $2,022,000 after acquiring an additional 17,124 shares during the period. Finally, Qube Research & Technologies Ltd increased its position in Atour Lifestyle by 172.5% during the second quarter. Qube Research & Technologies Ltd now owns 975,098 shares of the company’s stock worth $31,700,000 after acquiring an additional 617,292 shares during the period. Institutional investors own 17.79% of the company’s stock.
Atour Lifestyle Price Performance
Shares of ATAT opened at $38.25 on Tuesday. The company has a market capitalization of $5.29 billion, a PE ratio of 20.56, a price-to-earnings-growth ratio of 0.94 and a beta of 0.72. Atour Lifestyle has a one year low of $29.02 and a one year high of $43.17. The company’s fifty day moving average price is $37.06 and its 200 day moving average price is $38.51.
Atour Lifestyle (NASDAQ:ATAT – Get Free Report) last announced its earnings results on Wednesday, May 13th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.37 by $0.11. The firm had revenue of $407.74 million for the quarter, compared to the consensus estimate of $379.74 million. Atour Lifestyle had a net margin of 17.22% and a return on equity of 51.75%. Analysts anticipate that Atour Lifestyle will post 2.07 earnings per share for the current year.
Atour Lifestyle Increases Dividend
The company also recently announced an annual dividend, which will be paid on Monday, June 22nd. Shareholders of record on Friday, June 5th will be paid a $0.54 dividend. The ex-dividend date of this dividend is Friday, June 5th. This is a boost from Atour Lifestyle’s previous annual dividend of $0.36. This represents a yield of 140.0%. Atour Lifestyle’s payout ratio is currently 17.74%.
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.
Recommended Stories
- Five stocks we like better than Atour Lifestyle
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report