Autohome Inc. (ATHM) Receives Consensus Rating of “Hold” from Brokerages
Shares of Autohome Inc. (NYSE:ATHM) have been given an average recommendation of “Hold” by the ten research firms that are currently covering the stock. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $32.42.
Several analysts have commented on the stock. Zacks Investment Research cut shares of Autohome from a “hold” rating to a “sell” rating in a research report on Thursday, August 18th. Brean Capital reiterated a “buy” rating on shares of Autohome in a research report on Tuesday, June 21st. JPMorgan Chase & Co. assumed coverage on shares of Autohome in a research report on Wednesday, August 31st. They set a “neutral” rating and a $25.00 target price for the company. Credit Suisse Group AG cut shares of Autohome from a “neutral” rating to an “underperform” rating and dropped their target price for the company from $31.50 to $18.00 in a research report on Tuesday, June 28th. Finally, Credit Agricole SA upgraded shares of Autohome from an “underperform” rating to a “buy” rating in a research report on Wednesday, August 17th.
Shares of Autohome (NYSE:ATHM) traded up 1.05% during mid-day trading on Wednesday, hitting $25.95. The stock had a trading volume of 145,833 shares. The stock’s 50-day moving average price is $24.48 and its 200-day moving average price is $25.14. The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 18.05 and a beta of 2.10. Autohome has a 12-month low of $19.32 and a 12-month high of $37.73.
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Autohome (NYSE:ATHM) last posted its quarterly earnings data on Tuesday, August 16th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.06. Autohome had a return on equity of 22.16% and a net margin of 24.95%. The firm had revenue of $207.40 million for the quarter, compared to the consensus estimate of $207.38 million. During the same quarter in the prior year, the business earned $0.45 EPS. The business’s revenue for the quarter was up 49.3% compared to the same quarter last year. On average, equities analysts anticipate that Autohome will post $1.71 EPS for the current fiscal year.
Several hedge funds have recently added to or reduced their stakes in the stock. Stifel Financial Corp raised its position in shares of Autohome by 3.1% in the second quarter. Stifel Financial Corp now owns 39,851 shares of the company’s stock worth $801,000 after buying an additional 1,202 shares during the last quarter. Royal Bank of Canada raised its position in shares of Autohome by 45.6% in the first quarter. Royal Bank of Canada now owns 6,379 shares of the company’s stock worth $179,000 after buying an additional 1,998 shares during the last quarter. US Bancorp DE raised its position in shares of Autohome by 7.4% in the second quarter. US Bancorp DE now owns 38,267 shares of the company’s stock worth $769,000 after buying an additional 2,636 shares during the last quarter. Wesbanco Bank Inc. raised its position in shares of Autohome by 43.4% in the second quarter. Wesbanco Bank Inc. now owns 15,275 shares of the company’s stock worth $307,000 after buying an additional 4,620 shares during the last quarter. Finally, Creative Planning bought a new position in shares of Autohome during the third quarter worth $132,000. Institutional investors and hedge funds own 22.03% of the company’s stock.
Autohome Company Profile
Autohome Inc is an online destination for automobile consumers in China. The Company is engaged in the provision of online advertising and dealer subscription services in the People’s Republic of China (PRC). The Company, through its Websites, autohome.com.cn and che168.com, and mobile applications, delivers content to automobile buyers and owners.
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