Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT – Get Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $30.83 and last traded at $32.6790, with a volume of 40805 shares changing hands. The stock had previously closed at $31.03.
Analysts Set New Price Targets
Several research analysts have weighed in on the company. Wall Street Zen upgraded Atour Lifestyle from a “hold” rating to a “buy” rating in a research report on Sunday, March 29th. Zacks Research raised shares of Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 3rd. Morgan Stanley restated an “overweight” rating and issued a $45.00 price target on shares of Atour Lifestyle in a research note on Tuesday, March 17th. UBS Group reaffirmed a “buy” rating on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Finally, Weiss Ratings lowered shares of Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $48.00.
View Our Latest Analysis on Atour Lifestyle
Atour Lifestyle Price Performance
Atour Lifestyle (NASDAQ:ATAT – Get Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.11. The firm had revenue of $407.74 million during the quarter, compared to analysts’ expectations of $379.74 million. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%. On average, equities analysts expect that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 EPS for the current fiscal year.
Atour Lifestyle Increases Dividend
The business also recently declared an annual dividend, which was paid on Monday, June 22nd. Investors of record on Friday, June 5th were given a $0.54 dividend. The ex-dividend date was Friday, June 5th. This is an increase from Atour Lifestyle’s previous annual dividend of $0.36. This represents a dividend yield of 162.0%. Atour Lifestyle’s dividend payout ratio (DPR) is 27.42%.
Institutional Investors Weigh In On Atour Lifestyle
Institutional investors and hedge funds have recently bought and sold shares of the company. Baillie Gifford & Co. bought a new stake in shares of Atour Lifestyle during the 4th quarter valued at approximately $6,973,000. AIA Group Ltd lifted its stake in Atour Lifestyle by 822.9% in the 3rd quarter. AIA Group Ltd now owns 99,863 shares of the company’s stock valued at $3,754,000 after purchasing an additional 89,043 shares during the last quarter. Broad Peak Investment Advisers Pte Ltd bought a new position in Atour Lifestyle in the 4th quarter valued at approximately $31,756,000. Lighthouse Investment Partners LLC acquired a new stake in Atour Lifestyle in the third quarter valued at approximately $7,102,000. Finally, Matthews International Capital Management LLC boosted its position in 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 buying an additional 55,389 shares in the last quarter. Institutional investors own 17.79% of the company’s stock.
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.
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