Autohome (NYSE:ATHM - Get Free Report) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating in a research report issued on Friday.
Separately, The Goldman Sachs Group raised Autohome to a "hold" rating in a research note on Wednesday, December 11th. Five equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. According to MarketBeat, Autohome has a consensus rating of "Hold" and an average target price of $28.00.
View Our Latest Report on ATHM
Autohome Stock Performance
NYSE:ATHM traded down $0.10 during trading hours on Friday, hitting $28.64. The company's stock had a trading volume of 223,847 shares, compared to its average volume of 521,150. Autohome has a 52-week low of $21.89 and a 52-week high of $34.70. The business's 50-day moving average is $27.60 and its two-hundred day moving average is $28.00. The company has a market capitalization of $3.47 billion, a PE ratio of 15.49 and a beta of 0.18.
Autohome (NYSE:ATHM - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The information services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.49 by $0.01. The business had revenue of $244.33 million during the quarter, compared to the consensus estimate of $243.26 million. Autohome had a net margin of 23.02% and a return on equity of 7.79%. As a group, analysts predict that Autohome will post 1.84 EPS for the current fiscal year.
Hedge Funds Weigh In On Autohome
Several hedge funds have recently added to or reduced their stakes in ATHM. BlueCrest Capital Management Ltd purchased a new position in shares of Autohome during the 3rd quarter worth approximately $228,000. Vontobel Holding Ltd. grew its holdings in Autohome by 27.4% during the 4th quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider's stock valued at $222,000 after buying an additional 1,841 shares during the last quarter. Walleye Capital LLC purchased a new position in Autohome during the fourth quarter worth $231,000. Van ECK Associates Corp raised its holdings in shares of Autohome by 31.2% in the third quarter. Van ECK Associates Corp now owns 9,310 shares of the information services provider's stock worth $304,000 after acquiring an additional 2,212 shares during the last quarter. Finally, Asset Management One Co. Ltd. lifted its position in shares of Autohome by 37.4% in the fourth quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider's stock valued at $261,000 after acquiring an additional 2,652 shares in the last quarter. 63.08% of the stock is currently owned by hedge funds and other institutional investors.
About Autohome
(
Get Free Report)
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.
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