Autohome Inc. (NYSE:ATHM) Given Average Recommendation of "Moderate Buy" by Analysts

Autohome Inc. (NYSE:ATHM - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the six analysts that are covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $32.00.

ATHM has been the topic of several recent analyst reports. The Goldman Sachs Group raised Autohome to a "hold" rating in a research note on Wednesday, December 11th. StockNews.com cut Autohome from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Finally, JPMorgan Chase & Co. raised Autohome from a "neutral" rating to an "overweight" rating and raised their price target for the stock from $24.00 to $36.00 in a research note on Wednesday, March 12th.

Institutional Trading of Autohome

Institutional investors and hedge funds have recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Autohome by 948.2% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 79,508 shares of the information services provider's stock valued at $2,594,000 after acquiring an additional 71,923 shares in the last quarter. Harvest Fund Management Co. Ltd lifted its holdings in shares of 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 in the last quarter. Bank of Montreal Can lifted its holdings in shares of Autohome by 33.8% during the third quarter. Bank of Montreal Can now owns 105,514 shares of the information services provider's stock valued at $3,484,000 after purchasing an additional 26,657 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of Autohome by 8.3% during the third quarter. BNP Paribas Financial Markets now owns 261,564 shares of the information services provider's stock valued at $8,532,000 after buying an additional 19,983 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Autohome by 16.9% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 31,193 shares of the information services provider's stock worth $1,018,000 after buying an additional 4,516 shares in the last quarter. 63.08% of the stock is currently owned by institutional investors.

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Autohome Price Performance

Shares of NYSE:ATHM traded down $0.52 on Friday, hitting $27.81. The company's stock had a trading volume of 106,690 shares, compared to its average volume of 518,333. The company has a market capitalization of $3.37 billion, a PE ratio of 15.03 and a beta of 0.20. The company has a 50-day simple moving average of $28.83 and a 200 day simple moving average of $28.59. Autohome has a 1 year low of $21.89 and a 1 year high of $34.70.

Autohome (NYSE:ATHM - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The information services provider reported $0.50 EPS for the quarter, beating the consensus estimate of $0.49 by $0.01. The firm had revenue of $244.33 million for the quarter, compared to analyst estimates of $243.26 million. Autohome had a return on equity of 7.79% and a net margin of 23.02%. On average, equities research analysts expect that Autohome will post 1.84 earnings per share for the current fiscal 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.