Shares of Autohome Inc (NYSE:ATHM) have received an average rating of “Buy” from the nine analysts that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating and seven have assigned a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $73.97.
ATHM has been the subject of a number of research reports. Citigroup initiated coverage on Autohome in a research report on Tuesday, January 2nd. They set a “buy” rating and a $83.00 price target for the company. ValuEngine downgraded Autohome from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Zacks Investment Research downgraded Autohome from a “buy” rating to a “hold” rating in a research report on Monday, February 12th.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Handelsbanken Fonder AB boosted its position in shares of Autohome by 1.9% in the fourth quarter. Handelsbanken Fonder AB now owns 217,000 shares of the information services provider’s stock worth $14,033,000 after buying an additional 4,000 shares during the period. Dixon Hubard Feinour & Brown Inc. VA purchased a new stake in shares of Autohome in the fourth quarter worth about $200,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in shares of Autohome by 26.5% in the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 14,800 shares of the information services provider’s stock worth $957,000 after buying an additional 3,100 shares during the period. Karst Peak Capital Ltd purchased a new stake in shares of Autohome in the fourth quarter worth about $69,231,000. Finally, Macquarie Group Ltd. boosted its position in shares of Autohome by 101.3% in the fourth quarter. Macquarie Group Ltd. now owns 1,465,144 shares of the information services provider’s stock worth $76,836,000 after buying an additional 737,336 shares during the period. 40.81% of the stock is owned by institutional investors.
Autohome (ATHM) traded up $1.45 during mid-day trading on Friday, reaching $87.21. The company’s stock had a trading volume of 136,253 shares, compared to its average volume of 897,119. Autohome has a 1 year low of $28.63 and a 1 year high of $91.80. The stock has a market capitalization of $10,010.00, a P/E ratio of 32.41 and a beta of 2.26.
Autohome (NYSE:ATHM) last posted its quarterly earnings results on Wednesday, March 7th. The information services provider reported $0.79 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.75 by $0.04. Autohome had a return on equity of 25.51% and a net margin of 32.35%. The firm had revenue of $269.20 million during the quarter, compared to the consensus estimate of $266.37 million. During the same quarter in the previous year, the business earned $0.55 earnings per share. The firm’s quarterly revenue was down 7.2% compared to the same quarter last year. equities research analysts anticipate that Autohome will post 3.2 EPS for the current year.
ILLEGAL ACTIVITY NOTICE: “Autohome Inc (ATHM) Receives $68.96 Average Price Target from Brokerages” was originally published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this report on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The legal version of this report can be accessed at https://www.dispatchtribunal.com/2018/03/14/autohome-inc-athm-receives-68-96-average-price-target-from-brokerages.html.
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.
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.