ValuEngine upgraded shares of Autohome (NYSE:ATHM) from a hold rating to a buy rating in a research report released on Wednesday morning.
Other equities analysts have also issued research reports about the company. Zacks Investment Research upgraded Autohome from a hold rating to a buy rating and set a $69.00 price target for the company in a research note on Thursday, December 14th. Citigroup initiated coverage on Autohome in a research note on Tuesday, January 2nd. They issued a buy rating and a $83.00 price target for the company. One equities research analyst has rated the stock with a sell rating and eight have issued a buy rating to the company. The company has an average rating of Buy and a consensus target price of $73.97.
NYSE ATHM opened at $94.51 on Wednesday. The stock has a market cap of $11,471.20, a price-to-earnings ratio of 35.94, a P/E/G ratio of 0.85 and a beta of 2.13. Autohome has a fifty-two week low of $28.63 and a fifty-two week high of $97.60.
Autohome (NYSE:ATHM) last released its quarterly earnings data on Wednesday, March 7th. The information services provider reported $0.79 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.75 by $0.04. The business had revenue of $269.20 million during the quarter, compared to analyst estimates of $266.37 million. Autohome had a return on equity of 25.51% and a net margin of 32.35%. The company’s revenue was down 7.2% on a year-over-year basis. During the same quarter last year, the business posted $0.55 EPS. equities research analysts expect that Autohome will post 3.41 earnings per share for the current fiscal year.
Institutional investors have recently made changes to their positions in the stock. Cornerstone Wealth Management LLC purchased a new position in shares of Autohome in the 4th quarter valued at about $224,000. Dixon Hubard Feinour & Brown Inc. VA purchased a new position in shares of Autohome in the 4th quarter valued at about $200,000. Suntrust Banks Inc. purchased a new position in shares of Autohome in the 4th quarter valued at about $216,000. Virginia Retirement Systems ET AL acquired a new stake in Autohome in the 3rd quarter worth about $246,000. Finally, Mackenzie Financial Corp acquired a new stake in Autohome in the 3rd quarter worth about $258,000. Hedge funds and other institutional investors own 40.81% of the company’s stock.
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Autohome Inc operates as an online destination for automobile consumers in the People's Republic of China. The company, through its Websites, autohome.com.cn and che168.com, delivers comprehensive, independent, and interactive content to automobile buyers and owners, including company generated content, include automobile-related articles and reviews, pricing trends in various local markets, and photos and video clips; automobile library, which includes a range of specifications covering performance levels, dimensions, powertrains, vehicle bodies, interiors, safety, entertainment systems, and other unique features, as well as manufacturers' suggested retail prices; new and used automobile listings, and promotional information; and user forums and user generated content.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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