Autohome Inc. (NYSE:ATHM) Receives $28.00 Consensus PT from Brokerages

Autohome Inc. (NYSE:ATHM - Get Free Report) has been given a consensus recommendation of "Hold" by the five research firms that are presently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $28.00.

ATHM has been the topic of a number of recent research reports. StockNews.com cut Autohome from a "buy" rating to a "hold" rating in a report on Friday. The Goldman Sachs Group upgraded Autohome to a "hold" rating in a report on Wednesday, December 11th.

Institutional Trading of Autohome

A number of institutional investors have recently bought and sold shares of the company. Harvest Fund Management Co. Ltd boosted its position in Autohome by 1.1% during the third quarter. Harvest Fund Management Co. Ltd now owns 37,907 shares of the information services provider's stock valued at $1,238,000 after purchasing an additional 394 shares during the last quarter. Rhumbline Advisers boosted its position in Autohome by 3.1% during the fourth quarter. Rhumbline Advisers now owns 13,761 shares of the information services provider's stock valued at $357,000 after purchasing an additional 420 shares during the last quarter. Ritholtz Wealth Management lifted its position in shares of Autohome by 8.1% in the fourth quarter. Ritholtz Wealth Management now owns 10,399 shares of the information services provider's stock worth $270,000 after buying an additional 778 shares during the last quarter. Nuveen Asset Management LLC lifted its position in shares of Autohome by 1.0% in the fourth quarter. Nuveen Asset Management LLC now owns 126,612 shares of the information services provider's stock worth $3,286,000 after buying an additional 1,198 shares during the last quarter. Finally, Vontobel Holding Ltd. lifted its position in shares of Autohome by 27.4% in the fourth quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider's stock worth $222,000 after buying an additional 1,841 shares during the last quarter. Institutional investors and hedge funds own 63.08% of the company's stock.

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Autohome Stock Performance

Shares of ATHM stock traded down $0.28 during mid-day trading on Wednesday, hitting $28.67. 923,690 shares of the stock traded hands, compared to its average volume of 529,995. Autohome has a twelve month low of $21.89 and a twelve month high of $34.70. The firm has a market cap of $3.47 billion, a price-to-earnings ratio of 15.49 and a beta of 0.18. The company's 50-day simple moving average is $27.60 and its 200-day simple moving average is $27.92.

Autohome (NYSE:ATHM - Get Free Report) last issued its earnings results on Thursday, February 20th. The information services provider reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.49 by $0.01. The business had revenue of $244.33 million for the quarter, compared to analysts' expectations of $243.26 million. Autohome had a return on equity of 7.79% and a net margin of 23.02%. Analysts forecast that Autohome will post 1.84 earnings per share for the current year.

About Autohome

Autohome Inc operates as an online destination for automobile consumers in the People's Republic of China. The company delivers interactive content and tools to automobile consumers through its three websites, autohome.com.cn, che168.com, and ttpai.cn on PCs, mobile devices, mobile applications, and mini apps.