Autohome Inc (NYSE:ATHM) has received a consensus rating of “Hold” from the twelve research firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $99.51.
Several brokerages have recently commented on ATHM. Mizuho began coverage on Autohome in a research report on Friday, September 6th. They set a “neutral” rating and a $84.10 price objective on the stock. Citigroup restated a “buy” rating and set a $110.00 price target (down from $125.00) on shares of Autohome in a research report on Friday, July 5th. ValuEngine lowered Autohome from a “hold” rating to a “sell” rating in a research report on Monday, June 3rd. Macquarie set a $105.00 price target on Autohome and gave the stock a “buy” rating in a research report on Thursday, July 4th. Finally, Zacks Investment Research upgraded Autohome from a “sell” rating to a “hold” rating in a research report on Tuesday.
A number of institutional investors and hedge funds have recently bought and sold shares of ATHM. Kavar Capital Partners LLC purchased a new stake in Autohome in the 2nd quarter worth approximately $70,000. Assetmark Inc. lifted its holdings in Autohome by 75.3% in the 2nd quarter. Assetmark Inc. now owns 829 shares of the information services provider’s stock worth $71,000 after buying an additional 356 shares during the period. Mitsubishi UFJ Securities Holdings Co. Ltd. purchased a new stake in Autohome in the 1st quarter worth approximately $106,000. Atlas Capital Advisors LLC purchased a new stake in Autohome in the 2nd quarter worth approximately $95,000. Finally, SevenBridge Financial Group LLC lifted its holdings in Autohome by 26.3% in the 2nd quarter. SevenBridge Financial Group LLC now owns 1,192 shares of the information services provider’s stock worth $102,000 after buying an additional 248 shares during the period. Institutional investors and hedge funds own 54.10% of the company’s stock.
Shares of Autohome stock traded up $1.44 during trading on Friday, hitting $99.86. 26,499 shares of the stock traded hands, compared to its average volume of 650,028. The stock has a market cap of $11.60 billion, a price-to-earnings ratio of 26.54, a PEG ratio of 1.20 and a beta of 1.40. The firm’s fifty day moving average is $83.86 and its 200-day moving average is $92.31. Autohome has a 52 week low of $61.43 and a 52 week high of $117.99.
Autohome (NYSE:ATHM) last announced its quarterly earnings data on Wednesday, August 7th. The information services provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.03 by $0.01. The firm had revenue of $336.30 million for the quarter, compared to analyst estimates of $331.00 million. Autohome had a return on equity of 29.47% and a net margin of 39.33%. The company’s revenue was up 19.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.88 EPS. As a group, sell-side analysts expect that Autohome will post 3.97 earnings per share for the current year.
Autohome Company Profile
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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