Autohome Inc (NYSE:ATHM) has earned a consensus recommendation of “Buy” from the ten brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have given a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $68.97.
Several analysts have recently commented on ATHM shares. BidaskClub cut shares of Autohome from a “buy” rating to a “hold” rating in a research note on Friday, October 27th. Deutsche Bank increased their price target on shares of Autohome from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, November 7th. Zacks Investment Research raised shares of Autohome from a “hold” rating to a “strong-buy” rating and set a $71.00 price target on the stock in a research note on Thursday, October 12th. Credit Suisse Group started coverage on shares of Autohome in a research note on Tuesday, October 3rd. They set an “outperform” rating and a $70.80 price target on the stock. Finally, Citigroup started coverage on shares of Autohome in a research note on Tuesday, January 2nd. They set a “buy” rating and a $83.00 price target on the stock.
A number of hedge funds have recently made changes to their positions in the business. Acadian Asset Management LLC boosted its stake in Autohome by 60.6% in the fourth quarter. Acadian Asset Management LLC now owns 2,075,707 shares of the information services provider’s stock valued at $134,234,000 after acquiring an additional 782,868 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its stake in Autohome by 59.0% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 21,440 shares of the information services provider’s stock valued at $1,387,000 after acquiring an additional 7,959 shares during the last quarter. Bank of Montreal Can boosted its stake in Autohome by 27.5% in the fourth quarter. Bank of Montreal Can now owns 24,959 shares of the information services provider’s stock valued at $1,614,000 after acquiring an additional 5,386 shares during the last quarter. Sheets Smith Wealth Management bought a new position in Autohome in the fourth quarter valued at approximately $345,000. Finally, Cubist Systematic Strategies LLC bought a new position in Autohome in the third quarter valued at approximately $1,152,000. 38.84% of the stock is currently owned by hedge funds and other institutional investors.
Autohome (NYSE ATHM) traded up $0.30 during midday trading on Friday, hitting $82.57. 488,593 shares of the stock traded hands, compared to its average volume of 705,534. The firm has a market capitalization of $9,520.00, a price-to-earnings ratio of 36.37 and a beta of 2.06. Autohome has a 12 month low of $28.63 and a 12 month high of $84.59.
Autohome (NYSE:ATHM) last posted its quarterly earnings data on Tuesday, November 7th. The information services provider reported $0.54 earnings per share for the quarter. Autohome had a net margin of 25.52% and a return on equity of 23.48%. research analysts forecast that Autohome will post 2.26 earnings per share for the current year.
The business also recently declared a special dividend, which was paid on Tuesday, January 16th. Stockholders of record on Thursday, January 4th were paid a dividend of $0.76 per share. The ex-dividend date was Wednesday, January 3rd.
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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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