Atour Lifestyle (NASDAQ:ATAT) Issues Quarterly Earnings Results

Atour Lifestyle (NASDAQ:ATAT) announced its earnings results on Tuesday. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03, Zacks reports. Atour Lifestyle had a net margin of 16.52% and a return on equity of 45.66%. The business had revenue of $368.95 million during the quarter, compared to the consensus estimate of $340.27 million. Atour Lifestyle updated its FY 2025 guidance to EPS.

Atour Lifestyle Stock Performance

Shares of ATAT opened at $37.16 on Wednesday. The stock has a 50-day moving average of $38.07 and a two-hundred day moving average of $35.58. The stock has a market cap of $5.14 billion, a P/E ratio of 26.93, a P/E/G ratio of 1.04 and a beta of 0.79. Atour Lifestyle has a one year low of $21.50 and a one year high of $42.34.

Atour Lifestyle Cuts Dividend

The company also recently announced an annual dividend, which will be paid on Monday, December 22nd. Investors of record on Friday, December 5th will be paid a $0.36 dividend. The ex-dividend date is Friday, December 5th. This represents a yield of 97.0%. Atour Lifestyle’s dividend payout ratio (DPR) is 28.26%.

Analyst Upgrades and Downgrades

ATAT has been the subject of several recent analyst reports. Zacks Research upgraded shares of Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 18th. Jefferies Financial Group began coverage on shares of Atour Lifestyle in a report on Monday, September 29th. They issued a “buy” rating and a $48.00 price target on the stock. Macquarie increased their price objective on Atour Lifestyle from $39.00 to $44.00 and gave the company an “outperform” rating in a report on Tuesday. JPMorgan Chase & Co. started coverage on Atour Lifestyle in a research note on Wednesday, November 12th. They set an “overweight” rating and a $57.00 target price on the stock. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $43.21.

Institutional Investors Weigh In On Atour Lifestyle

Institutional investors and hedge funds have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd increased 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 worth $25,000 after buying an additional 580 shares during the period. Quarry LP purchased a new stake in shares of Atour Lifestyle in the 3rd quarter valued at $66,000. Raymond James Financial Inc. acquired a new stake in shares of Atour Lifestyle in the second quarter worth $118,000. Morse Asset Management Inc purchased a new position in shares of Atour Lifestyle during the third quarter worth $118,000. Finally, Envestnet Asset Management Inc. purchased a new position in shares of Atour Lifestyle during the third quarter worth $224,000. Institutional investors and hedge funds own 17.79% of the company’s stock.

Atour Lifestyle Company Profile

Atour Lifestyle Holdings Limited, through its subsidiaries, develops lifestyle brands around hotel offerings in the People’s Republic of China. The company provides hotel management services, including day-to-day management services of the hotels for the franchisees; and sells hotel supplies and other products.