Autohome (NYSE:ATHM) Issues Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Autohome (NYSE:ATHM - Get Free Report) posted its quarterly earnings results on Thursday. The information services provider reported $0.50 EPS for the quarter, topping the consensus estimate of $0.49 by $0.01, Zacks reports. The firm had revenue of $244.33 million for the quarter, compared to the consensus estimate of $243.26 million. Autohome had a net margin of 24.36% and a return on equity of 7.79%.

Autohome Stock Down 0.8 %

Shares of Autohome stock traded down $0.25 on Friday, hitting $29.94. The stock had a trading volume of 801,018 shares, compared to its average volume of 507,065. Autohome has a one year low of $21.89 and a one year high of $34.70. The stock has a market cap of $3.63 billion, a price-to-earnings ratio of 14.89 and a beta of 0.18. The stock's 50-day simple moving average is $27.36 and its two-hundred day simple moving average is $27.72.

Analyst Ratings Changes

ATHM has been the topic of several research reports. CLSA downgraded shares of Autohome from an "outperform" rating to a "hold" rating in a research note on Thursday, October 24th. The Goldman Sachs Group raised shares of Autohome to a "hold" rating in a research note on Wednesday, December 11th. Finally, StockNews.com downgraded shares of Autohome from a "buy" rating to a "hold" rating in a research note on Wednesday. Five research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $28.00.

Autohome Company Profile

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.