JP Morgan has initiated coverage on Atour Lifestyle Holdings Ltd (ATAT) with an Overweight rating, marking the firm's first assessment of the company since its IPO on November 11, 2022. This rating reflects JP Morgan's analysis of Atour's business fundamentals, industry dynamics, and growth potential in the Hotels, Restaurants & Leisure sector.
Atour Lifestyle, headquartered in Shanghai, operates a diverse portfolio of approximately 834 hotels across 151 cities in China, offering over 96,969 hotel rooms. The company also features 17 theme-based hotels, focusing on unique concepts such as music, basketball, and literature. With a market capitalization of $5.4 billion, Atour boasts a P/E ratio of 27.70 and an impressive dividend yield of 208.3%.
Upcoming earnings reports are anticipated, with EPS estimates of $1.94 and $3.21 for the periods ending May 19, 2026, and March 22, 2026, respectively. Recent performance has shown positive trends, including a Q2 2025 EPS of $3.03, exceeding estimates by 3.6%. The analyst consensus remains bullish, with 9 Strong Buy, 15 Buy, and 1 Hold ratings as of November 1, 2025.
Analyst ratings provide a professional perspective based on research and financial models, but they are not definitive indicators of future performance. Investors should consider a range of factors, including company fundamentals and market conditions, when making decisions.