$0.75 Earnings Per Share Expected for Autohome Inc (ATHM) This Quarter

Analysts forecast that Autohome Inc (NYSE:ATHM) will announce earnings per share (EPS) of $0.75 for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Autohome’s earnings. Autohome posted earnings of $0.55 per share during the same quarter last year, which suggests a positive year over year growth rate of 36.4%. The firm is scheduled to issue its next quarterly earnings results on Thursday, March 1st.

According to Zacks, analysts expect that Autohome will report full year earnings of $2.53 per share for the current financial year. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover Autohome.

Autohome (NYSE:ATHM) last released its quarterly earnings data on Tuesday, November 7th. The information services provider reported $0.54 earnings per share for the quarter. Autohome had a return on equity of 23.48% and a net margin of 25.52%.

Several research firms recently weighed in on ATHM. Benchmark raised their price objective on Autohome from $65.00 to $76.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. Deutsche Bank increased their target price on Autohome from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Tuesday, November 7th. Citigroup initiated coverage on Autohome in a research report on Tuesday, January 2nd. They issued a “buy” rating and a $83.00 target price for the company. BidaskClub downgraded Autohome from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 30th. Finally, Zacks Investment Research downgraded Autohome from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company’s stock. Autohome has a consensus rating of “Buy” and a consensus target price of $68.97.

Institutional investors have recently bought and sold shares of the business. Advisor Group Inc. raised its position in shares of Autohome by 100.4% during the third quarter. Advisor Group Inc. now owns 1,826 shares of the information services provider’s stock worth $110,000 after acquiring an additional 915 shares during the last quarter. DekaBank Deutsche Girozentrale raised its position in shares of Autohome by 176.0% during the third quarter. DekaBank Deutsche Girozentrale now owns 3,530 shares of the information services provider’s stock worth $1,027,000 after acquiring an additional 2,251 shares during the last quarter. Virginia Retirement Systems ET AL bought a new position in shares of Autohome during the third quarter worth about $246,000. Cambridge Investment Research Advisors Inc. bought a new position in shares of Autohome during the third quarter worth about $247,000. Finally, Mackenzie Financial Corp bought a new position in shares of Autohome during the third quarter worth about $258,000. Hedge funds and other institutional investors own 38.84% of the company’s stock.

Shares of Autohome (NYSE:ATHM) opened at $82.57 on Friday. The firm has a market capitalization of $9,520.00, a PE ratio of 36.21 and a beta of 2.06. Autohome has a 12 month low of $28.63 and a 12 month high of $84.59.

The company also recently announced a special dividend, which was paid on Tuesday, January 16th. Shareholders of record on Thursday, January 4th were given a $0.76 dividend. The ex-dividend date was Wednesday, January 3rd.

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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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