Analysts Set Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) Target Price at $45.30

Shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) have been given a consensus rating of “Moderate Buy” by the nine brokerages that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $45.30.

ATAT has been the subject of several analyst reports. JPMorgan Chase & Co. assumed coverage on shares of Atour Lifestyle in a research report on Wednesday, November 12th. They set an “overweight” rating and a $57.00 price target for the company. Macquarie lifted their target price on Atour Lifestyle from $39.00 to $44.00 and gave the stock an “outperform” rating in a report on Tuesday, November 25th. Citigroup boosted their price target on Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. Jefferies Financial Group assumed coverage on Atour Lifestyle in a report on Monday, September 29th. They set a “buy” rating and a $48.00 price target on the stock. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, October 8th.

Atour Lifestyle Price Performance

ATAT opened at $38.58 on Wednesday. The firm has a market cap of $5.33 billion, a PE ratio of 26.24, a P/E/G ratio of 0.83 and a beta of 0.80. The stock has a 50-day moving average price of $40.31 and a 200-day moving average price of $37.99. Atour Lifestyle has a 1 year low of $21.50 and a 1 year high of $43.17.

Atour Lifestyle (NASDAQ:ATAT) last released its quarterly earnings data on Tuesday, November 25th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. The business had revenue of $368.95 million during the quarter, compared to analyst estimates of $340.27 million. Atour Lifestyle had a net margin of 16.21% and a return on equity of 44.62%. As a group, sell-side analysts anticipate that Atour Lifestyle will post 1.24 EPS for the current year.

Atour Lifestyle Cuts Dividend

The business also recently declared an annual dividend, which was paid on Monday, December 22nd. Stockholders of record on Friday, December 5th were paid a $0.36 dividend. The ex-dividend date was Friday, December 5th. This represents a dividend yield of 84.0%. Atour Lifestyle’s payout ratio is currently 22.45%.

Institutional Investors Weigh In On Atour Lifestyle

A number of hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd increased its position in Atour Lifestyle by 651.7% in 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 in the last quarter. Hollencrest Capital Management bought a new position in shares of Atour Lifestyle during the 2nd quarter valued at approximately $29,000. Assetmark Inc. purchased a new stake in Atour Lifestyle in the 3rd quarter worth approximately $37,000. Loomis Sayles & Co. L P raised its stake in Atour Lifestyle by 322.0% during the 2nd quarter. Loomis Sayles & Co. L P now owns 1,456 shares of the company’s stock worth $47,000 after acquiring an additional 1,111 shares during the period. Finally, Blue Trust Inc. purchased a new position in Atour Lifestyle during the third quarter valued at approximately $60,000. 17.79% of the stock is currently owned by hedge funds and other institutional investors.

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.