Brokerages Set Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) PT at $38.90

Shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) have been given an average recommendation of “Moderate Buy” by the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $38.90.

A number of research firms recently commented on ATAT. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, October 8th. Zacks Research raised shares of Atour Lifestyle from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 16th. Wall Street Zen raised shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Finally, Jefferies Financial Group assumed coverage on shares of Atour Lifestyle in a research report on Monday, September 29th. They issued a “buy” rating and a $48.00 target price on the stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Hollencrest Capital Management purchased a new position in Atour Lifestyle during the 2nd quarter worth $29,000. Atlas Capital Advisors Inc. purchased a new position in Atour Lifestyle during the 1st quarter worth $27,000. Loomis Sayles & Co. L P grew its position in Atour Lifestyle by 322.0% during the 2nd quarter. Loomis Sayles & Co. L P now owns 1,456 shares of the company’s stock worth $47,000 after purchasing an additional 1,111 shares during the last quarter. Blue Trust Inc. purchased a new position in Atour Lifestyle during the 3rd quarter worth $60,000. Finally, Summit Securities Group LLC purchased a new position in Atour Lifestyle during the 1st quarter worth $71,000. 17.79% of the stock is owned by hedge funds and other institutional investors.

Atour Lifestyle Price Performance

NASDAQ ATAT opened at $37.79 on Friday. The firm’s fifty day moving average price is $37.82 and its 200 day moving average price is $33.51. The company has a market capitalization of $5.22 billion, a price-to-earnings ratio of 27.38, a price-to-earnings-growth ratio of 1.27 and a beta of 0.79. Atour Lifestyle has a 12 month low of $21.50 and a 12 month high of $40.58.

Atour Lifestyle (NASDAQ:ATAT) last posted its earnings results on Tuesday, August 26th. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.01. The firm had revenue of $344.49 million for the quarter, compared to the consensus estimate of $326.00 million. Atour Lifestyle had a net margin of 16.52% and a return on equity of 45.66%. Atour Lifestyle has set its FY 2025 guidance at EPS. As a group, sell-side analysts forecast that Atour Lifestyle will post 1.24 earnings per share for the current year.

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.