Atour Lifestyle (NASDAQ:ATAT) Sets New 1-Year Low – Here’s Why

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $31.04 and last traded at $31.8080, with a volume of 693075 shares traded. The stock had previously closed at $32.21.

Analyst Ratings Changes

A number of research firms have weighed in on ATAT. Weiss Ratings downgraded Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. Morgan Stanley reissued an “overweight” rating and issued a $45.00 price objective on shares of Atour Lifestyle in a report on Tuesday, March 17th. Wall Street Zen raised shares of Atour Lifestyle from a “hold” rating to a “buy” rating in a research note on Sunday, March 29th. UBS Group restated a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Finally, Zacks Research raised shares of Atour Lifestyle from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 3rd. One equities research 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 company has an average rating of “Buy” and an average price target of $48.00.

Atour Lifestyle Price Performance

The business has a 50-day simple moving average of $34.68 and a two-hundred day simple moving average of $36.88. The stock has a market cap of $4.38 billion, a price-to-earnings ratio of 17.12, a P/E/G ratio of 0.79 and a beta of 0.65.

Atour Lifestyle (NASDAQ:ATAT) last released its quarterly earnings data 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 return on equity of 51.75% and a net margin of 17.22%.The company had revenue of $407.74 million during the quarter, compared to analysts’ expectations of $379.74 million. As a group, equities analysts anticipate 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 announced an annual dividend, which was paid on Monday, June 22nd. Stockholders of record on Friday, June 5th were paid a dividend of $0.54 per share. This represents a dividend yield of 162.0%. This is an increase from Atour Lifestyle’s previous annual dividend of $0.36. The ex-dividend date was Friday, June 5th. Atour Lifestyle’s dividend payout ratio is 27.42%.

Institutional Trading of Atour Lifestyle

Several institutional investors have recently added to or reduced their stakes in ATAT. OLP CAPITAL MANAGEMENT Ltd grew its stake in shares of Atour Lifestyle by 1.5% in the fourth quarter. OLP CAPITAL MANAGEMENT Ltd now owns 8,656,494 shares of the company’s stock valued at $341,066,000 after acquiring an additional 131,886 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Atour Lifestyle by 234.2% in the 4th quarter. JPMorgan Chase & Co. now owns 3,428,240 shares of the company’s stock worth $135,073,000 after purchasing an additional 2,402,412 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Atour Lifestyle by 22.5% in the 4th quarter. Vanguard Group Inc. now owns 3,406,470 shares of the company’s stock valued at $134,215,000 after purchasing an additional 626,755 shares during the period. WFM ASIA BVI Ltd grew its position in shares of Atour Lifestyle by 184.4% during the 4th quarter. WFM ASIA BVI Ltd now owns 3,155,425 shares of the company’s stock worth $124,324,000 after purchasing an additional 2,045,832 shares in the last quarter. Finally, Schroder Investment Management Group grew its position in shares of Atour Lifestyle by 64.0% during the 4th quarter. Schroder Investment Management Group now owns 2,717,894 shares of the company’s stock worth $107,085,000 after purchasing an additional 1,060,966 shares in the last quarter. 17.79% of the stock is currently owned by institutional investors.

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.