Autohome Inc (NYSE:ATHM) has been given a consensus rating of “Hold” by the thirteen brokerages that are presently covering the firm, MarketBeat reports. Eight investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $94.73.
A number of research firms have weighed in on ATHM. Sanford C. Bernstein lowered shares of Autohome from an “outperform” rating to a “market perform” rating in a research report on Wednesday, November 6th. Zacks Investment Research upgraded shares of Autohome from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 8th. ValuEngine lowered shares of Autohome from a “buy” rating to a “hold” rating in a research report on Friday, January 3rd. Jefferies Financial Group started coverage on shares of Autohome in a research report on Thursday, December 5th. They issued a “buy” rating and a $79.70 price target for the company. Finally, Bank of America restated a “buy” rating and set a $92.00 target price on shares of Autohome in a research report on Friday, January 3rd.
NYSE ATHM traded down $0.07 during trading hours on Thursday, hitting $87.52. 5,562 shares of the company’s stock traded hands, compared to its average volume of 451,532. The firm has a market capitalization of $10.32 billion, a P/E ratio of 23.33, a P/E/G ratio of 1.33 and a beta of 1.27. Autohome has a 52 week low of $65.46 and a 52 week high of $117.99. The business’s fifty day moving average price is $78.12 and its two-hundred day moving average price is $82.02.
Autohome (NYSE:ATHM) last posted its quarterly earnings results on Tuesday, November 5th. The information services provider reported $0.82 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.01. The business had revenue of $303.60 million during the quarter, compared to analyst estimates of $306.01 million. Autohome had a net margin of 37.62% and a return on equity of 27.20%. The company’s revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.84 earnings per share. As a group, equities analysts predict that Autohome will post 3.62 earnings per share for the current fiscal year.
Several large investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC purchased a new stake in Autohome during the third quarter valued at $69,000. Assetmark Inc. raised its stake in Autohome by 75.3% during the second quarter. Assetmark Inc. now owns 829 shares of the information services provider’s stock valued at $71,000 after purchasing an additional 356 shares in the last quarter. Squar Milner Financial Services LLC raised its stake in Autohome by 894.3% during the third quarter. Squar Milner Financial Services LLC now owns 865 shares of the information services provider’s stock valued at $71,000 after purchasing an additional 778 shares in the last quarter. Westwood Holdings Group Inc. purchased a new stake in Autohome during the second quarter valued at $113,000. Finally, Quadrant Capital Group LLC raised its stake in Autohome by 82.2% during the third quarter. Quadrant Capital Group LLC now owns 1,973 shares of the information services provider’s stock valued at $163,000 after purchasing an additional 890 shares in the last quarter. Hedge funds and other institutional investors own 55.75% of the company’s stock.
Autohome Inc operates as an online destination for automobile consumers in the People's Republic of China. The company, through its Websites, autohome.com.cn and che168.com, delivers comprehensive, independent, and interactive content to automobile buyers and owners, including company generated content, such as automobile-related articles and reviews, pricing trends in various local markets, photographs, video clips, and live streaming; automobile library, which comprises a range of specifications covering performance levels, dimensions, powertrains, vehicle bodies, interiors, safety, entertainment systems, and other features, as well as manufacturers' suggested retail prices; new and used automobile listings, and promotional information; and user generated content and forums.
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