Atour Lifestyle (NASDAQ:ATAT) Hits New 12-Month Low – Here’s What Happened

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $30.78 and last traded at $31.1690, with a volume of 289296 shares changing hands. The stock had previously closed at $32.13.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on ATAT shares. Wall Street Zen upgraded Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Zacks Research downgraded Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Finally, Weiss Ratings lowered Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $48.00.

Atour Lifestyle Stock Performance

The stock has a market cap of $4.29 billion, a price-to-earnings ratio of 16.77, a price-to-earnings-growth ratio of 0.79 and a beta of 0.65. The company’s 50 day simple moving average is $33.59 and its two-hundred day simple moving average is $36.27.

Atour Lifestyle (NASDAQ:ATAT) last issued its earnings results on Wednesday, May 13th. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.11. Atour Lifestyle had a net margin of 17.22% and a return on equity of 51.75%. The company had revenue of $407.74 million during the quarter, compared to analyst estimates of $379.74 million. On average, equities research analysts predict that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 earnings per share for the current fiscal year.

Atour Lifestyle Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Monday, June 22nd. Investors of record on Friday, June 5th were issued a dividend of $0.54 per share. This is a positive change from Atour Lifestyle’s previous annual dividend of $0.36. This represents a dividend yield of 162.0%. The ex-dividend date was Friday, June 5th. Atour Lifestyle’s dividend payout ratio is 27.42%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Baillie Gifford & Co. bought a new position in shares of Atour Lifestyle in the 4th quarter valued at approximately $6,973,000. Broad Peak Investment Advisers Pte Ltd acquired a new position in Atour Lifestyle during the fourth quarter valued at approximately $31,756,000. Matthews International Capital Management LLC raised its position in shares of Atour Lifestyle by 33.8% in the first quarter. Matthews International Capital Management LLC now owns 219,378 shares of the company’s stock valued at $8,075,000 after purchasing an additional 55,389 shares during the period. Principal Financial Group Inc. lifted its stake in shares of Atour Lifestyle by 19.9% in the first quarter. Principal Financial Group Inc. now owns 977,996 shares of the company’s stock worth $36,000,000 after buying an additional 162,574 shares during the last quarter. Finally, AIA Group Ltd lifted its stake in shares of Atour Lifestyle by 25.6% in the first quarter. AIA Group Ltd now owns 180,407 shares of the company’s stock worth $6,641,000 after buying an additional 36,735 shares during the last quarter. 17.79% of the stock is owned by institutional investors and hedge funds.

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.