Atour Lifestyle (NASDAQ:ATAT) Given "Buy (B-)" Rating at Weiss Ratings

Key Points

• Atour Lifestyle (NASDAQ:ATAT) has received a "Buy (B-)" rating from Weiss Ratings and also has a consensus buy rating from approximately six research analysts with an average price target of $38.90.
• The company reported $0.42 EPS for the last quarter, surpassing estimates, and its revenue was $344.49 million, above predictions of $326.00 million.
• Atour Lifestyle's stock has experienced a significant price fluctuation, with a 12-month low of $21.50 and a high of $40.39, currently trading at around $35.49.

Atour Lifestyle (NASDAQ:ATAT - Get Free Report)'s stock had its "buy (b-)" rating reissued by analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Other equities research analysts have also recently issued research reports about the stock. Jefferies Financial Group started coverage on shares of Atour Lifestyle in a report on Monday, September 29th. They issued a "buy" rating and a $48.00 price target on the stock. Wall Street Zen raised shares of Atour Lifestyle from a "hold" rating to a "buy" rating in a report on Friday, September 5th. Six research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $38.90.

Atour Lifestyle Price Performance

Shares of NASDAQ ATAT traded down $0.10 during midday trading on Wednesday, reaching $35.49. The company's stock had a trading volume of 1,495,583 shares, compared to its average volume of 1,308,266. The stock has a market capitalization of $4.90 billion, a P/E ratio of 25.72, a PEG ratio of 1.22 and a beta of 0.79. The firm has a 50 day moving average price of $37.01 and a 200-day moving average price of $32.38. Atour Lifestyle has a 12-month low of $21.50 and a 12-month high of $40.39.

Atour Lifestyle (NASDAQ:ATAT - Get Free Report) last issued its quarterly earnings results on Tuesday, August 26th. The company reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.01. The business had revenue of $344.49 million for the quarter, compared to analyst estimates of $326.00 million. Atour Lifestyle had a return on equity of 45.66% and a net margin of 16.52%. Atour Lifestyle has set its FY 2025 guidance at EPS. On average, equities analysts predict that Atour Lifestyle will post 1.24 EPS for the current year.

Hedge Funds Weigh In On Atour Lifestyle

Institutional investors have recently bought and sold shares of the stock. Hollencrest Capital Management bought a new position in shares of Atour Lifestyle during the second quarter valued at approximately $29,000. Atlas Capital Advisors Inc. bought a new position in shares of Atour Lifestyle during the first quarter valued at approximately $27,000. Squarepoint Ops LLC increased its stake in shares of Atour Lifestyle by 3.8% during the second quarter. Squarepoint Ops LLC now owns 29,458 shares of the company's stock valued at $958,000 after purchasing an additional 1,073 shares in the last quarter. Loomis Sayles & Co. L P grew its holdings in shares of Atour Lifestyle by 322.0% during the second quarter. Loomis Sayles & Co. L P now owns 1,456 shares of the company's stock valued at $47,000 after buying an additional 1,111 shares during the last quarter. Finally, Leading Securities Co Ltd grew its holdings in shares of Atour Lifestyle by 2.2% during the first quarter. Leading Securities Co Ltd now owns 53,226 shares of the company's stock valued at $1,509,000 after buying an additional 1,137 shares during the last quarter. 17.79% of the stock is owned by institutional investors.

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.

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