Atour Lifestyle Holdings Limited (NASDAQ:ATAT) traded with a subtraction of -$0.09 to $20.61 on Thursday, a downside of -0.43 percent. An average of 752,837 shares of common stock have been traded in the last five days. There was a fall of -$1.36 in the past week. The last 20 days have seen an average of 610,059 shares traded, while the 50-day average volume stands at 462,200.
ATAT stock has increased by 5.31% in the last month. The company shares reached their 1-month lowest point of $19.06 on 07/27/23. Shares of the company touched a low of $11.02 and a high of $29.40 in 52 weeks. It has reached a new high 9 times so far this year and achieved 14.37% or $2.62 in price. In spite of this, the price is down -29.90% from the 52-week high.
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Valuation Metrics
Atour Lifestyle Holdings Limited (ATAT) has a trailing price-to-earnings (P/E) ratio of 71.81. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 6.80, the price-to-book (PB) ratio at 12.42.
Financial Health
The quick ratio of Atour Lifestyle Holdings Limited for the three months ended June 29 was 1.70, and the current ratio was 1.80, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.04 for the quarter ending June 29. Its gross profit as reported stood at $99.02 million compared to revenue of $328.1 million.
Earnings Surprise
For the three-month period that ended June 29, Atour Lifestyle Holdings Limited had $0.29 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $14.22 million in the quarter, while revenues were grew 100.0%. The analyst consensus anticipated Atour Lifestyle Holdings Limited’s latest quarter earnings to come in at $0.21 per share, but it turned out to be $0.25, a 19.00% surprise. For the quarter, EBITDA amounted to $42.29 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Atour Lifestyle Holdings Limited (ATAT) price momentum. RSI 9-day as of the close on 23 August was 51.26%, suggesting the stock is Neutral, with historical volatility in this time frame at 56.44%.
As of today, ATAT’s price is $20.46 -6.18% or -$1.36 from its 5-day moving average. ATAT is currently trading +8.12% higher than its 20-day SMA and -21.25% lower than its 100-day SMA. However, the stock’s current price level is +22.27% above the SMA50.
The stochastic %K and %D were 27.46% and 24.74%, respectively, and the average true range (ATR) was 0.91. With the 14-day stochastic at 28.27% and the average true range at 0.92, the RSI (14) stands at 53.99%. The stock has reached -0.15 on the 9-day MACD Oscillator while the 14-day reading was at -0.26.
Analyst Ratings
Daiwa Securities launched coverage on Atour Lifestyle Holdings Limited (NASDAQ: ATAT) in its analyst report released on July 21, 2023. The firm assigned the stock a Buy rating. The consensus rating for Atour Lifestyle Holdings Limited (ATAT) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell ATAT, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 9 others rate it as a “buy”.
What is ATAT’s price target for the next 12 months?
Analysts predict a range of price targets between $174.30 and $266.79, with a median target of $211.41. Taking a look at these predictions, the average price target given by analysts for Atour Lifestyle Holdings Limited (ATAT) stock is $216.02.
