Atour Lifestyle (NASDAQ:ATAT) Sets New 12-Month Low – Should You Sell?

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $31.38 and last traded at $32.1330, with a volume of 27729 shares. The stock had previously closed at $31.81.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Zacks Research raised shares of Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 3rd. 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. UBS Group restated a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Morgan Stanley reaffirmed an “overweight” rating and set a $45.00 price objective on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Finally, Wall Street Zen upgraded shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a research note on Sunday, March 29th. One analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $48.00.

Atour Lifestyle Stock Down 2.6%

The firm has a market capitalization of $4.41 billion, a P/E ratio of 17.17, a PEG ratio of 0.80 and a beta of 0.62. The business has a 50-day moving average price of $35.79 and a 200-day moving average price of $37.48.

Atour Lifestyle (NASDAQ:ATAT) last issued its earnings results on Wednesday, May 13th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.37 by $0.11. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%.The firm had revenue of $407.74 million during the quarter, compared to analysts’ expectations of $379.74 million. As a group, sell-side analysts forecast that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.09 EPS for the current year.

Atour Lifestyle Increases Dividend

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

Institutional Trading of Atour Lifestyle

Institutional investors have recently made changes to their positions in the business. Baillie Gifford & Co. bought a new stake in shares of Atour Lifestyle in the 4th quarter valued at approximately $6,973,000. Prudential PLC raised its holdings in shares of Atour Lifestyle by 15.9% in the 3rd quarter. Prudential PLC now owns 822,347 shares of the company’s stock worth $30,912,000 after buying an additional 112,751 shares in the last quarter. AIA Group Ltd lifted its position in shares of Atour Lifestyle by 822.9% during the 3rd quarter. AIA Group Ltd now owns 99,863 shares of the company’s stock worth $3,754,000 after buying an additional 89,043 shares during the period. Headwater Capital Co Ltd bought a new position in shares of Atour Lifestyle during the 3rd quarter worth approximately $6,766,000. Finally, Vanguard Group Inc. boosted its stake in Atour Lifestyle by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 2,779,715 shares of the company’s stock valued at $104,489,000 after buying an additional 56,002 shares in the last quarter. 17.79% of the stock is currently 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.