ValuEngine upgraded shares of Autohome (NYSE:ATHM) from a hold rating to a buy rating in a report issued on Wednesday, April 11th.
A number of other research analysts also recently issued reports on ATHM. Zacks Investment Research downgraded Autohome from a buy rating to a hold rating in a report on Tuesday, December 12th. Citigroup started coverage on Autohome in a research report on Tuesday, January 2nd. They set a buy rating and a $83.00 price objective for the company. One investment analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of $73.97.
Shares of NYSE:ATHM opened at $98.31 on Wednesday. The firm has a market cap of $11,616.51, a PE ratio of 41.13, a price-to-earnings-growth ratio of 0.86 and a beta of 2.13. Autohome has a 1 year low of $31.61 and a 1 year high of $100.66.
Autohome (NYSE:ATHM) last announced its quarterly earnings results on Wednesday, March 7th. The information services provider reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.04. The firm had revenue of $269.20 million for the quarter, compared to the consensus estimate of $266.37 million. Autohome had a return on equity of 25.51% and a net margin of 32.35%. The company’s quarterly revenue was down 7.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.55 earnings per share. analysts predict that Autohome will post 3.41 EPS for the current year.
A number of institutional investors have recently bought and sold shares of the stock. Acadian Asset Management LLC increased its position in Autohome by 60.6% during 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. Macquarie Group Ltd. increased its position in Autohome by 101.3% during the fourth quarter. Macquarie Group Ltd. now owns 1,465,144 shares of the information services provider’s stock valued at $76,836,000 after acquiring an additional 737,336 shares during the last quarter. Karst Peak Capital Ltd purchased a new stake in Autohome during the fourth quarter valued at $69,231,000. Arrowstreet Capital Limited Partnership increased its position in Autohome by 231.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 745,785 shares of the information services provider’s stock valued at $48,230,000 after acquiring an additional 520,685 shares during the last quarter. Finally, Renaissance Technologies LLC increased its position in Autohome by 53.2% in the fourth quarter. Renaissance Technologies LLC now owns 646,200 shares of the information services provider’s stock worth $41,790,000 after buying an additional 224,400 shares in the last quarter. Institutional investors own 40.81% of the company’s stock.
Autohome Company Profile
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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