Autohome Inc. (NYSE:ATHM) Given Consensus Rating of “Reduce” by Analysts

Autohome Inc. (NYSE:ATHM – Get Free Report) has earned a consensus rating of “Reduce” from the five ratings firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $22.65.

ATHM has been the subject of several recent research reports. Zacks Research upgraded shares of Autohome from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Weiss Ratings cut shares of Autohome from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 20th. Wall Street Zen lowered shares of Autohome from a “hold” rating to a “sell” rating in a research note on Saturday, April 25th. Benchmark reiterated a “hold” rating on shares of Autohome in a research report on Tuesday, February 24th. Finally, HSBC cut Autohome from a “buy” rating to a “hold” rating and set a $17.30 target price on the stock. in a research report on Thursday.

Get Autohome alerts:

Get Our Latest Analysis on ATHM

Hedge Funds Weigh In On Autohome

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Federated Hermes Inc. raised its position in shares of Autohome by 86.9% during the 4th quarter. Federated Hermes Inc. now owns 2,852,839 shares of the information services provider’s stock worth $63,504,000 after buying an additional 1,326,281 shares in the last quarter. Invesco Ltd. increased its stake in shares of Autohome by 12.2% during the third quarter. Invesco Ltd. now owns 7,968,365 shares of the information services provider’s stock valued at $227,497,000 after acquiring an additional 868,151 shares during the period. Krane Funds Advisors LLC raised its holdings in Autohome by 25.0% during the third quarter. Krane Funds Advisors LLC now owns 3,387,052 shares of the information services provider’s stock worth $93,178,000 after purchasing an additional 678,214 shares in the last quarter. Norges Bank acquired a new stake in Autohome in the fourth quarter worth approximately $14,167,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Autohome in the fourth quarter worth approximately $10,937,000. Institutional investors own 63.08% of the company’s stock.

Autohome Stock Down 1.1%

Shares of ATHM stock opened at $16.87 on Thursday. The company has a market cap of $1.94 billion, a P/E ratio of 10.29 and a beta of 0.26. The business has a 50 day moving average of $18.29 and a two-hundred day moving average of $21.16. Autohome has a 52 week low of $16.65 and a 52 week high of $29.92.

Autohome (NYSE:ATHM – Get Free Report) last announced its quarterly earnings results on Sunday, February 15th. The information services provider reported $0.09 earnings per share for the quarter. Autohome had a return on equity of 5.94% and a net margin of 21.43%.The business had revenue of $208.96 million for the quarter. Analysts expect that Autohome will post 1.28 EPS for the current fiscal year.

About Autohome

(Get Free Report)

Autohome Inc (NYSE: ATHM) operates one of China’s leading online destinations for automobile consumers, offering a comprehensive suite of digital platforms and services throughout the vehicle ownership lifecycle. Headquartered in Beijing, the company’s core website and mobile applications deliver news, reviews, pricing information, photos, videos and interactive tools to help prospective buyers evaluate new and used vehicles. By aggregating rich editorial content with user-generated ratings and expert analyses, Autohome seeks to guide consumers through research, purchase and after-sales decision-making.

In addition to its consumer-facing properties, Autohome provides automakers, dealers and service providers with integrated digital marketing and e-commerce solutions.

Read More

• Five stocks we like better than Autohome
• Why Applied Optoelectronics Stock May Be Near a Turning Point
• From High-Yield to High-Growth: 3 Stocks Boosting Dividends
• Is Everspin Technologies the Next AI Edge Breakout?
• 5 Robotics Stocks to Watch as Physical AI Builds Momentum

Receive News & Ratings for Autohome Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autohome and related companies with MarketBeat.com's FREE daily email newsletter.