Autohome (ATHM) Scheduled to Post Earnings on Wednesday

Autohome (NYSE:ATHM - Get Free Report) will post its quarterly earnings results before the market opens on Wednesday, November 6th. Analysts expect Autohome to post earnings of $0.52 per share for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.

Autohome (NYSE:ATHM - Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The information services provider reported $4.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $4.12. Autohome had a net margin of 25.81% and a return on equity of 8.19%. The company had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period in the previous year, the firm earned $0.59 earnings per share. Autohome's revenue for the quarter was up 2.2% on a year-over-year basis. On average, analysts expect Autohome to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Autohome Stock Down 0.9 %

Shares of ATHM stock traded down $0.26 during mid-day trading on Wednesday, reaching $29.00. The company's stock had a trading volume of 291,157 shares, compared to its average volume of 477,460. The firm has a market capitalization of $3.64 billion, a PE ratio of 13.87 and a beta of 0.16. The company's 50 day simple moving average is $29.00 and its 200-day simple moving average is $27.31. Autohome has a 12-month low of $21.89 and a 12-month high of $34.70.

Autohome declared that its Board of Directors has approved a share buyback program on Wednesday, September 4th that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the information services provider to buy shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on ATHM shares. CLSA lowered Autohome from an "outperform" rating to a "hold" rating in a research note on Thursday, October 24th. Benchmark downgraded shares of Autohome from a "buy" rating to a "hold" rating in a research report on Wednesday, July 24th. Hsbc Global Res upgraded shares of Autohome to a "strong-buy" rating in a research note on Thursday, October 3rd. StockNews.com upgraded shares of Autohome from a "hold" rating to a "buy" rating in a research note on Friday, August 9th. Finally, Citigroup reaffirmed a "neutral" rating and set a $28.00 price target (down previously from $31.00) on shares of Autohome in a research note on Friday, July 19th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus 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.