Shares of Autohome Inc (NYSE:ATHM) have been given an average rating of “Hold” by the nine ratings firms that are covering the company. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $33.20.
Several brokerages recently commented on ATHM. HSBC Holdings plc reaffirmed a “buy” rating and set a $45.00 price objective (up previously from $36.00) on shares of Autohome in a research note on Monday, May 15th. Zacks Investment Research cut Autohome from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 3rd. Deutsche Bank AG cut Autohome from a “buy” rating to a “hold” rating and increased their target price for the stock from $35.00 to $36.00 in a report on Monday, March 6th. TheStreet upgraded Autohome from a “c+” rating to a “b-” rating in a report on Friday, February 24th. Finally, Benchmark Co. started coverage on Autohome in a report on Tuesday, April 18th. They set a “hold” rating for the company.
A number of institutional investors have recently bought and sold shares of the company. Koch Industries Inc. acquired a new position in Autohome during the fourth quarter worth approximately $274,000. Brown Advisory Inc. bought a new stake in shares of Autohome during the fourth quarter valued at about $5,754,000. Matthews International Capital Management LLC increased its stake in shares of Autohome by 11.1% in the fourth quarter. Matthews International Capital Management LLC now owns 602,300 shares of the information services provider’s stock valued at $15,226,000 after buying an additional 60,000 shares during the period. Jupiter Asset Management Ltd. bought a new stake in shares of Autohome during the fourth quarter valued at about $10,170,000. Finally, State Street Corp increased its stake in shares of Autohome by 7.9% in the fourth quarter. State Street Corp now owns 48,781 shares of the information services provider’s stock valued at $1,234,000 after buying an additional 3,591 shares during the period. Institutional investors and hedge funds own 22.49% of the company’s stock.
Shares of Autohome (NYSE:ATHM) traded up 2.63% on Monday, hitting $42.90. The stock had a trading volume of 1,625,779 shares. The company has a market capitalization of $4.96 billion, a P/E ratio of 26.24 and a beta of 2.21. The firm has a 50 day moving average price of $34.16 and a 200 day moving average price of $30.66. Autohome has a one year low of $19.32 and a one year high of $43.40.
Autohome (NYSE:ATHM) last issued its quarterly earnings data on Wednesday, May 10th. The information services provider reported $0.41 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.12. The business had revenue of $195.90 million for the quarter, compared to the consensus estimate of $189.69 million. Autohome had a return on equity of 21.34% and a net margin of 22.70%. The firm’s revenue was up 15.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.39 EPS. On average, equities research analysts predict that Autohome will post $2.05 earnings per share for the current fiscal year.
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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