Autohome Inc. (ATHM) Expected to Announce Earnings of $0.51 Per Share
Brokerages expect Autohome Inc. (NYSE:ATHM) to report $0.51 earnings per share (EPS) for the current quarter, according to Zacks. Zero analysts have provided estimates for Autohome’s earnings. Autohome posted earnings of $0.45 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 13.3%. The business is expected to issue its next earnings report on Tuesday, August 15th.
According to Zacks, analysts expect that Autohome will report full-year earnings of $1.92 per share for the current fiscal year, with EPS estimates ranging from $1.90 to $1.94. For the next fiscal year, analysts expect that the firm will post earnings of $2.28 per share, with EPS estimates ranging from $2.15 to $2.40. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Autohome.
Autohome (NYSE:ATHM) last posted its earnings results on Wednesday, May 10th. The information services provider reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.12. The firm had revenue of $195.90 million during the quarter, compared to the consensus estimate of $189.69 million. Autohome had a net margin of 21.10% and a return on equity of 21.42%. The company’s revenue was up 15.3% on a year-over-year basis. During the same quarter last year, the company earned $0.39 earnings per share.
Several research firms have recently commented on ATHM. Zacks Investment Research raised shares of Autohome from a “hold” rating to a “strong-buy” rating and set a $38.00 price target for the company in a research report on Monday, March 6th. Deutsche Bank AG lowered shares of Autohome from a “buy” rating to a “hold” rating and upped their price target for the company from $35.00 to $36.00 in a research report on Monday, March 6th. Benchmark Co. began coverage on shares of Autohome in a research report on Tuesday, April 18th. They set a “hold” rating for the company. Finally, HSBC Holdings plc reaffirmed a “buy” rating and set a $45.00 price target (up previously from $36.00) on shares of Autohome in a research report on Monday, May 15th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $33.20.
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Autohome (NYSE:ATHM) traded down 1.4953% during trading on Monday, hitting $44.7901. 296,172 shares of the stock traded hands. The firm has a 50-day moving average price of $41.31 and a 200 day moving average price of $33.55. The company has a market cap of $5.18 billion, a P/E ratio of 27.0472 and a beta of 2.24. Autohome has a 52-week low of $19.32 and a 52-week high of $46.48.
Large investors have recently added to or reduced their stakes in the company. Acadian Asset Management LLC purchased a new stake in Autohome during the first quarter valued at about $154,000. RGT Capital Management Ltd. purchased a new stake in Autohome during the first quarter valued at about $245,000. Quantbot Technologies LP purchased a new stake in Autohome during the first quarter valued at about $272,000. Bank of New York Mellon Corp purchased a new stake in Autohome during the first quarter valued at about $292,000. Finally, Geode Capital Management LLC purchased a new stake in Autohome during the first quarter valued at about $539,000. 29.91% of the stock is owned by institutional investors.
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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