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

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) has received a consensus recommendation of “Moderate Buy” from the nine research firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $48.00.

A number of research firms have recently commented on ATAT. UBS Group restated a “buy” rating on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Morgan Stanley restated an “overweight” rating and issued a $45.00 price objective on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a research note on Wednesday, January 21st. Finally, Wall Street Zen upgraded Atour Lifestyle from a “hold” rating to a “buy” rating in a research report on Sunday, March 29th.

Institutional Trading of Atour Lifestyle

Large investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd increased 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 purchasing an additional 580 shares in the last quarter. Rockefeller Capital Management L.P. purchased a new stake in shares of Atour Lifestyle during the fourth quarter worth approximately $26,000. EverSource Wealth Advisors LLC increased 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 purchasing an additional 325 shares in the last quarter. Assetmark Inc. purchased a new stake in shares of Atour Lifestyle during the third quarter worth approximately $37,000. Finally, Atlas Capital Advisors Inc. purchased a new stake in shares of Atour Lifestyle during the fourth quarter worth approximately $37,000. 17.79% of the stock is currently owned by hedge funds and other institutional investors.

Atour Lifestyle Price Performance

Atour Lifestyle stock opened at $38.61 on Tuesday. The stock has a market capitalization of $5.34 billion, a PE ratio of 23.83, a price-to-earnings-growth ratio of 0.94 and a beta of 0.72. Atour Lifestyle has a 12 month low of $28.90 and a 12 month high of $43.17. The business has a 50 day simple moving average of $37.07 and a 200-day simple moving average of $38.55.

Atour Lifestyle (NASDAQ:ATAT) last posted its quarterly earnings data on Tuesday, March 17th. The company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.08. The business had revenue of $398.47 million during the quarter, compared to analysts’ expectations of $397.20 million. Atour Lifestyle had a return on equity of 46.96% and a net margin of 16.58%. On average, equities research analysts anticipate that Atour Lifestyle will post 2.07 EPS for the current fiscal year.

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.