Autohome Inc. (NYSE:ATHM – Get Free Report) has earned a consensus rating of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating, one has issued a buy rating and one has assigned a strong 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 $19.95.
Several analysts have weighed in on ATHM shares. Weiss Ratings raised shares of Autohome from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, September 22nd. Wall Street Zen lowered shares of Autohome from a “hold” rating to a “sell” rating in a research note on Saturday, November 7th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $26.50 price target on shares of Autohome in a report on Wednesday, October 14th. Bank of America downgraded shares of Autohome from a “neutral” rating to an “underperform” rating and set a $19.00 price objective for the company. in a research note on Tuesday, August 18th. Finally, Zacks Research upgraded shares of Autohome from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 13th.
View Our Latest Analysis on ATHM
Autohome Stock Performance
Autohome stock opened at $21.64 on Thursday. The stock has a market cap of $2.49 billion, a PE ratio of 20.05 and a beta of 0.36. The stock has a 50-day moving average of $21.04 and a two-hundred day moving average of $20.03. Autohome has a one year low of $15.57 and a one year high of $25.22.
Autohome (NYSE:ATHM – Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The information services provider reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.07. The business had revenue of $196.12 million for the quarter, compared to analyst estimates of $189.93 million. Autohome had a return on equity of 4.07% and a net margin of 14.23%. The company’s revenue was down 26.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.45 earnings per share. As a group, sell-side analysts predict that Autohome will post 1.20 EPS for the current fiscal year.
Insider Activity at Autohome
In other Autohome news, CTO Bibo Xiang sold 5,588 shares of Autohome stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $5.29, for a total transaction of $29,560.52. Following the completion of the sale, the chief technology officer owned 56,780 shares of the company’s stock, valued at approximately $300,366.20. The trade was a 8.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Craig Yan Zeng sold 9,316 shares of Autohome stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $5.29, for a total value of $49,281.64. Following the sale, the chief financial officer directly owned 160,624 shares of the company’s stock, valued at approximately $849,700.96. This represents a 5.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 49,304 shares of company stock valued at $260,818 in the last ninety days. Company insiders own 5.70% of the company’s stock.
Institutional Trading of Autohome
Several large investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC raised its stake in shares of Autohome by 119.4% in the first quarter. Parallel Advisors LLC now owns 5,256 shares of the information services provider’s stock worth $91,000 after purchasing an additional 2,860 shares during the last quarter. Global Retirement Partners LLC lifted its holdings in shares of Autohome by 104.6% during the third quarter. Global Retirement Partners LLC now owns 11,169 shares of the information services provider’s stock worth $237,000 after purchasing an additional 5,709 shares during the period. Oldfield Partners LLP lifted its holdings in shares of Autohome by 20.3% during the second quarter. Oldfield Partners LLP now owns 49,800 shares of the information services provider’s stock worth $948,000 after purchasing an additional 8,400 shares during the period. OMERS ADMINISTRATION Corp purchased a new stake in Autohome in the first quarter valued at approximately $184,000. Finally, Royal Bank of Canada boosted its position in Autohome by 35.2% in the first quarter. Royal Bank of Canada now owns 72,460 shares of the information services provider’s stock valued at $1,259,000 after buying an additional 18,871 shares during the last quarter. Hedge funds and other institutional investors own 63.08% of the company’s stock.
About Autohome
Autohome Inc. operates online platforms focused on the automotive market in China. Through its websites and mobile applications, the company connects consumers with vehicle information and automotive businesses. Its platforms provide car reviews, news, model specifications, pricing information, photos, videos and user discussions. Autohome also offers automakers and dealers advertising, marketing, customer-lead generation and data services. Founded in 2005, Autohome serves consumers and automotive businesses across China.
See Also
- Five stocks we like better than Autohome
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
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.
