Analysts expect Autohome Inc (NYSE:ATHM) to report $0.75 earnings per share (EPS) for the current quarter, according to Zacks. Zero analysts have issued estimates for Autohome’s earnings. Autohome reported earnings per share of $0.55 in the same quarter last year, which indicates a positive year over year growth rate of 36.4%. The company is scheduled to announce its next quarterly earnings results on Thursday, March 1st.
On average, analysts expect that Autohome will report full-year earnings of $2.53 per share for the current fiscal year. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that follow Autohome.
Several brokerages have weighed in on ATHM. Citigroup began coverage on shares of Autohome in a report on Tuesday. They set a “buy” rating and a $83.00 price target on the stock. Zacks Investment Research raised shares of Autohome from a “hold” rating to a “buy” rating and set a $69.00 price target on the stock in a report on Thursday, December 14th. Benchmark lifted their price target on shares of Autohome from $65.00 to $76.00 and gave the company a “buy” rating in a report on Wednesday, November 8th. Deutsche Bank lifted their price objective on shares of Autohome from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Tuesday, November 7th. Finally, BidaskClub upgraded shares of Autohome from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $68.97.
Shares of Autohome (ATHM) traded up $0.62 during trading hours on Thursday, reaching $72.28. 606,500 shares of the company’s stock traded hands, compared to its average volume of 1,497,450. Autohome has a twelve month low of $25.17 and a twelve month high of $72.41. The stock has a market capitalization of $8,467.51, a P/E ratio of 34.92 and a beta of 2.06.
The business also recently disclosed a special dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Thursday, January 4th will be given a dividend of $0.76 per share. The ex-dividend date is Wednesday, January 3rd.
Institutional investors have recently added to or reduced their stakes in the company. Investec Asset Management LTD raised its stake in Autohome by 20.9% during the second quarter. Investec Asset Management LTD now owns 1,989,109 shares of the information services provider’s stock worth $90,226,000 after buying an additional 343,427 shares during the last quarter. Sei Investments Co. boosted its holdings in Autohome by 187,278.4% during the third quarter. Sei Investments Co. now owns 69,330 shares of the information services provider’s stock worth $4,165,000 after purchasing an additional 69,293 shares during the last quarter. Profund Advisors LLC purchased a new position in Autohome in the second quarter valued at about $264,000. BlackRock Inc. boosted its stake in Autohome by 1,380.8% in the second quarter. BlackRock Inc. now owns 4,473,958 shares of the information services provider’s stock valued at $202,938,000 after acquiring an additional 4,171,817 shares during the last quarter. Finally, Stifel Financial Corp boosted its stake in Autohome by 11.3% in the third quarter. Stifel Financial Corp now owns 59,935 shares of the information services provider’s stock valued at $3,598,000 after acquiring an additional 6,066 shares during the last quarter. Hedge funds and other institutional investors own 38.84% of the company’s stock.
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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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