StockNews.com upgraded shares of Autohome (NYSE:ATHM – Get Rating) from a hold rating to a buy rating in a report issued on Tuesday.
Other research analysts have also issued reports about the company. Jefferies Financial Group cut their price target on Autohome from $56.00 to $49.00 in a report on Monday, October 24th. JPMorgan Chase & Co. began coverage on Autohome in a report on Monday, January 30th. They set a neutral rating for the company. Finally, Daiwa Capital Markets cut their target price on Autohome from $46.00 to $43.00 in a research note on Wednesday, October 26th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, Autohome currently has a consensus rating of Moderate Buy and a consensus target price of $40.93.
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Shares of NYSE ATHM opened at $35.93 on Tuesday. The stock has a market cap of $4.51 billion, a price-to-earnings ratio of 20.41 and a beta of 0.17. The business has a 50 day simple moving average of $33.22 and a 200 day simple moving average of $32.56. Autohome has a 52 week low of $20.49 and a 52 week high of $40.89.
Autohome (NYSE:ATHM – Get Rating) last posted its earnings results on Thursday, November 3rd. The information services provider reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.09. Autohome had a return on equity of 8.16% and a net margin of 21.83%. The firm had revenue of $259.13 million during the quarter, compared to analyst estimates of $254.41 million. On average, analysts predict that Autohome will post 2.16 EPS for the current year.Institutional Trading of Autohome
A number of large investors have recently bought and sold shares of the stock. Asset Management One Co. Ltd. grew its holdings in shares of Autohome by 2.4% during the second quarter. Asset Management One Co. Ltd. now owns 15,198 shares of the information services provider's stock worth $597,000 after purchasing an additional 361 shares during the last quarter. HBK Sorce Advisory LLC grew its holdings in shares of Autohome by 5.7% during the third quarter. HBK Sorce Advisory LLC now owns 7,837 shares of the information services provider's stock worth $225,000 after purchasing an additional 423 shares during the last quarter. Toroso Investments LLC grew its holdings in shares of Autohome by 2.9% during the first quarter. Toroso Investments LLC now owns 15,537 shares of the information services provider's stock worth $472,000 after purchasing an additional 438 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Autohome by 4.3% during the first quarter. Royal Bank of Canada now owns 13,885 shares of the information services provider's stock worth $421,000 after purchasing an additional 575 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. grew its holdings in shares of Autohome by 9.7% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 8,367 shares of the information services provider's stock worth $241,000 after purchasing an additional 740 shares during the last quarter. 47.76% of the stock is currently owned by institutional investors.
Autohome Company Profile
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Autohome, Inc is a holding company, which engages in the development, operation, and maintenance of mobile applications and automobile websites. It offers used vehicles and new car dealer listings. The firm provides professionally produced and user-generated content, a comprehensive automobile library and extensive automobile listing information to automobile consumers, covering the entire car purchase and ownership cycle.
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