Atour Lifestyle (NASDAQ:ATAT) Stock Price Down 4.8% – What’s Next?

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) shares traded down 4.8% during trading on Friday . The company traded as low as $33.90 and last traded at $34.0550. 793,883 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 1,169,969 shares. The stock had previously closed at $35.79.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Wall Street Zen upgraded Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. UBS Group reissued a “buy” rating on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Weiss Ratings lowered Atour Lifestyle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $45.00 target price on shares of Atour Lifestyle in a research report on Tuesday, March 17th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Atour Lifestyle currently has a consensus rating of “Moderate Buy” and an average price target of $48.00.

Atour Lifestyle Stock Down 5.4%

The company has a market cap of $4.68 billion, a PE ratio of 18.19, a price-to-earnings-growth ratio of 0.83 and a beta of 0.72. The business has a 50-day simple moving average of $37.01 and a 200-day simple moving average of $38.43.

Atour Lifestyle (NASDAQ:ATAT) last announced 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. The company had revenue of $407.74 million for the quarter, compared to analyst estimates of $379.74 million. Atour Lifestyle had a return on equity of 51.75% and a net margin of 17.22%. As a group, equities research analysts predict that Atour Lifestyle Holdings Limited Sponsored ADR will post 2.07 EPS for the current fiscal year.

Atour Lifestyle Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Monday, June 22nd. Stockholders of record on Friday, June 5th will be given a dividend of $0.54 per share. This is an increase from Atour Lifestyle’s previous annual dividend of $0.36. This represents a dividend yield of 140.0%. The ex-dividend date of this dividend is Friday, June 5th. Atour Lifestyle’s dividend payout ratio is currently 17.74%.

Institutional Trading of Atour Lifestyle

A number of large investors have recently modified their holdings of ATAT. JPMorgan Chase & Co. increased its position in shares of Atour Lifestyle by 234.2% during the fourth quarter. JPMorgan Chase & Co. now owns 3,428,240 shares of the company’s stock worth $135,073,000 after acquiring an additional 2,402,412 shares during the period. Greenwoods Asset Management Hong Kong Ltd. increased its position in shares of Atour Lifestyle by 986.9% during the third quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 2,290,136 shares of the company’s stock worth $86,086,000 after acquiring an additional 2,079,436 shares during the period. WFM ASIA BVI Ltd increased its position in shares of Atour Lifestyle by 184.4% during the fourth quarter. WFM ASIA BVI Ltd now owns 3,155,425 shares of the company’s stock worth $124,324,000 after acquiring an additional 2,045,832 shares during the period. Schroder Investment Management Group increased its position in shares of Atour Lifestyle by 64.0% during the fourth quarter. Schroder Investment Management Group now owns 2,717,894 shares of the company’s stock worth $107,085,000 after acquiring an additional 1,060,966 shares during the period. Finally, Broad Peak Investment Advisers Pte Ltd purchased a new stake in shares of Atour Lifestyle during the fourth quarter worth $31,756,000. Hedge funds and other institutional investors own 17.79% of the company’s stock.

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.