Brokerages Set Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) PT at $48.00

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) has received a consensus rating of “Moderate Buy” from the nine research firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $48.00.

Several equities analysts have weighed in on ATAT shares. UBS Group reiterated a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Zacks Research lowered shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. Morgan Stanley reiterated an “overweight” rating and issued a $45.00 price objective on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Wall Street Zen downgraded Atour Lifestyle from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Finally, CLSA initiated coverage on Atour Lifestyle in a research note on Friday, January 2nd. They issued an “outperform” rating and a $49.00 price target on the stock.

Atour Lifestyle Price Performance

ATAT stock opened at $35.96 on Monday. Atour Lifestyle has a 1 year low of $21.50 and a 1 year high of $43.17. The firm has a market capitalization of $4.97 billion, a PE ratio of 22.20, a price-to-earnings-growth ratio of 1.08 and a beta of 0.76. The business has a 50 day simple moving average of $37.44 and a 200-day simple moving average of $38.64.

Atour Lifestyle (NASDAQ:ATAT) last released its quarterly earnings data 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. Atour Lifestyle had a return on equity of 46.96% and a net margin of 16.58%.The company had revenue of $398.47 million for the quarter, compared to analyst estimates of $397.20 million. On average, equities research analysts expect that Atour Lifestyle will post 1.24 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. purchased a new position in shares of Atour Lifestyle during the 4th quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd boosted its position in shares of Atour Lifestyle by 651.7% during the third 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 period. EverSource Wealth Advisors LLC boosted its position in shares of Atour Lifestyle by 65.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock worth $32,000 after buying an additional 325 shares during the period. Hollencrest Capital Management acquired a new stake in shares of Atour Lifestyle in the second quarter valued at $29,000. Finally, Atlas Capital Advisors Inc. acquired a new position in Atour Lifestyle in the 4th quarter valued at about $37,000. Hedge funds and other 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.