Autohome (NYSE:ATHM) Upgraded to Hold at ValuEngine

ValuEngine upgraded shares of Autohome (NYSE:ATHM) from a sell rating to a hold rating in a report published on Thursday, ValuEngine reports.

Several other equities analysts have also commented on ATHM. JPMorgan Chase & Co. set a $75.00 price objective on Autohome and gave the company a hold rating in a research report on Monday, August 12th. Mizuho began coverage on Autohome in a research report on Friday, September 6th. They set a neutral rating and a $84.10 price objective for the company. Zacks Investment Research raised Autohome from a sell rating to a hold rating in a research report on Wednesday, October 2nd. Sanford C. Bernstein lowered Autohome from an outperform rating to a market perform rating in a research report on Wednesday, November 6th. Finally, Benchmark lowered Autohome from a buy rating to a hold rating in a research report on Friday, July 19th. Eight equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of $103.34.

ATHM stock traded down $0.30 on Thursday, reaching $71.94. The company’s stock had a trading volume of 403,107 shares, compared to its average volume of 1,062,869. The business has a fifty day simple moving average of $82.47 and a two-hundred day simple moving average of $87.86. Autohome has a 12-month low of $66.60 and a 12-month high of $117.99. The firm has a market cap of $8.86 billion, a PE ratio of 19.18, a PEG ratio of 1.37 and a beta of 1.30.

Autohome (NYSE:ATHM) last announced its quarterly earnings results on Tuesday, November 5th. The information services provider reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.01. The company had revenue of $303.60 million during the quarter, compared to analyst estimates of $306.01 million. Autohome had a return on equity of 27.20% and a net margin of 37.62%. The firm’s revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.84 earnings per share. On average, equities analysts expect that Autohome will post 3.6 EPS for the current year.

Several large investors have recently modified their holdings of ATHM. Tower Research Capital LLC TRC bought a new position in shares of Autohome during the third quarter valued at $69,000. Kavar Capital Partners LLC bought a new position in shares of Autohome during the second quarter valued at $70,000. Assetmark Inc. increased its holdings in shares of Autohome by 75.3% during the second quarter. Assetmark Inc. now owns 829 shares of the information services provider’s stock valued at $71,000 after acquiring an additional 356 shares in the last quarter. Squar Milner Financial Services LLC increased its holdings in shares of Autohome by 894.3% during the third quarter. Squar Milner Financial Services LLC now owns 865 shares of the information services provider’s stock valued at $71,000 after acquiring an additional 778 shares in the last quarter. Finally, Atlas Capital Advisors LLC bought a new position in shares of Autohome during the second quarter valued at $95,000. Hedge funds and other institutional investors own 57.25% of the company’s stock.

Autohome Company Profile

Autohome Inc operates as an online destination for automobile consumers in the People's Republic of China. The company, through its Websites, autohome.com.cn and che168.com, delivers comprehensive, independent, and interactive content to automobile buyers and owners, including company generated content, such as automobile-related articles and reviews, pricing trends in various local markets, photographs, video clips, and live streaming; automobile library, which comprises a range of specifications covering performance levels, dimensions, powertrains, vehicle bodies, interiors, safety, entertainment systems, and other features, as well as manufacturers' suggested retail prices; new and used automobile listings, and promotional information; and user generated content and forums.

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Analyst Recommendations for Autohome (NYSE:ATHM)

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