Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

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 stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $48.00.

A number of analysts have recently weighed in on the stock. Morgan Stanley reaffirmed an “overweight” rating and set a $45.00 price target on shares of Atour Lifestyle in a report on Tuesday, March 17th. Weiss Ratings restated a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, January 21st. Wall Street Zen upgraded shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a research report on Sunday, March 29th. UBS Group restated a “buy” rating on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Finally, CLSA assumed coverage on shares of Atour Lifestyle in a research report on Friday, January 2nd. They issued an “outperform” rating and a $49.00 price target for the company.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC lifted 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 valued at $32,000 after purchasing an additional 325 shares in the last quarter. New York State Common Retirement Fund raised its position in Atour Lifestyle by 3.7% in the third quarter. New York State Common Retirement Fund now owns 14,100 shares of the company’s stock worth $530,000 after acquiring an additional 500 shares during the period. Royal Bank of Canada raised its position in shares of Atour Lifestyle by 7.3% in the fourth quarter. Royal Bank of Canada now owns 7,469 shares of the company’s stock valued at $294,000 after purchasing an additional 511 shares during the period. TD Waterhouse Canada Inc. raised its position in shares of Atour Lifestyle by 3.2% in the third quarter. TD Waterhouse Canada Inc. now owns 18,084 shares of the company’s stock valued at $659,000 after purchasing an additional 555 shares during the period. Finally, Caitong International Asset Management Co. Ltd raised its position in shares of Atour Lifestyle by 651.7% in the third quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock valued at $25,000 after purchasing an additional 580 shares during the period. 17.79% of the stock is owned by institutional investors.

Atour Lifestyle Stock Down 1.9%

NASDAQ ATAT opened at $39.66 on Friday. The company has a market capitalization of $5.48 billion, a P/E ratio of 24.48, a P/E/G ratio of 1.22 and a beta of 0.82. Atour Lifestyle has a 12-month low of $23.19 and a 12-month high of $43.17. The firm has a 50-day moving average price of $37.33 and a two-hundred day moving average price of $38.39.

Atour Lifestyle (NASDAQ:ATAT) last posted its quarterly earnings data on Tuesday, March 17th. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.08. The firm had revenue of $398.47 million during the quarter, compared to the consensus estimate of $397.20 million. Atour Lifestyle had a net margin of 16.58% and a return on equity of 46.96%. Equities analysts expect that Atour Lifestyle will post 2.02 EPS for the current year.

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.