Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) Given Consensus Recommendation of “Moderate Buy” by Analysts

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) has been assigned a consensus rating of “Moderate Buy” from the nine ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $48.00.

Several research analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a report on Wednesday, January 21st. Macquarie Infrastructure boosted their target price on Atour Lifestyle from $39.00 to $44.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 25th. Zacks Research lowered Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. CLSA started coverage on Atour Lifestyle in a report on Friday, January 2nd. They issued an “outperform” rating and a $49.00 price target on the stock. Finally, Citigroup lifted their price target on Atour Lifestyle from $43.00 to $45.00 and gave the company a “buy” rating in a research report on Tuesday, November 25th.

Atour Lifestyle Trading Down 2.9%

Shares of NASDAQ:ATAT opened at $36.88 on Monday. The company has a 50 day moving average of $37.61 and a 200 day moving average of $38.70. The stock has a market cap of $5.10 billion, a P/E ratio of 22.77, a P/E/G ratio of 1.12 and a beta of 0.76. Atour Lifestyle has a 12 month low of $21.50 and a 12 month high of $43.17.

Atour Lifestyle (NASDAQ:ATAT) last posted its earnings results on Tuesday, March 17th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.08. Atour Lifestyle had a net margin of 16.58% and a return on equity of 46.96%. The business had revenue of $398.47 million for the quarter, compared to analysts’ expectations of $397.20 million. On average, equities analysts forecast that Atour Lifestyle will post 1.24 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Atour Lifestyle

Hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its stake in Atour Lifestyle by 234.2% in the 4th quarter. JPMorgan Chase & Co. now owns 3,428,240 shares of the company’s stock worth $135,073,000 after buying an additional 2,402,412 shares in the last quarter. Greenwoods Asset Management Hong Kong Ltd. raised its position in shares of Atour Lifestyle by 986.9% during the 3rd quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 2,290,136 shares of the company’s stock valued at $86,086,000 after buying an additional 2,079,436 shares in the last quarter. WFM ASIA BVI Ltd lifted its holdings in shares of Atour Lifestyle by 184.4% during the 4th quarter. WFM ASIA BVI Ltd now owns 3,155,425 shares of the company’s stock worth $124,324,000 after acquiring an additional 2,045,832 shares during the last quarter. Schroder Investment Management Group lifted its holdings in shares of Atour Lifestyle by 64.0% during the 4th quarter. Schroder Investment Management Group now owns 2,717,894 shares of the company’s stock worth $107,085,000 after acquiring an additional 1,060,966 shares during the last quarter. Finally, Tree Line Advisors Hong Kong Ltd. purchased a new position in Atour Lifestyle in the second quarter worth $29,259,000. 17.79% of the stock is currently owned by 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.