Autohome (NYSE:ATHM) Reaches New 1-Year Low at $65.54

Shares of Autohome Inc (NYSE:ATHM) reached a new 52-week low during trading on Wednesday . The stock traded as low as $65.54 and last traded at $65.57, with a volume of 892399 shares changing hands. The stock had previously closed at $68.73.

ATHM has been the subject of several research reports. JPMorgan Chase & Co. set a $75.00 price objective on Autohome and gave the stock a “hold” rating in a research report on Monday, August 12th. Mizuho started coverage on Autohome in a research report on Friday, September 6th. They set a “neutral” rating and a $84.10 price objective on the stock. Sanford C. Bernstein downgraded shares of Autohome from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 6th. ValuEngine upgraded Autohome from a “hold” rating to a “buy” rating in a report on Tuesday. Finally, Zacks Investment Research upgraded Autohome from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $103.34.

The stock has a market cap of $7.89 billion, a PE ratio of 17.57, a PEG ratio of 1.24 and a beta of 1.27. The stock’s 50-day moving average is $77.26 and its two-hundred day moving average is $84.25.

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

Several hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC purchased a new position in shares of Autohome in the third quarter valued at approximately $69,000. Kavar Capital Partners LLC purchased a new position in Autohome in the 2nd quarter valued at approximately $70,000. Assetmark Inc. boosted its position in Autohome by 75.3% in the 2nd quarter. Assetmark Inc. now owns 829 shares of the information services provider’s stock valued at $71,000 after buying an additional 356 shares during the period. Squar Milner Financial Services LLC grew its stake in shares of Autohome by 894.3% in the third quarter. Squar Milner Financial Services LLC now owns 865 shares of the information services provider’s stock worth $71,000 after acquiring an additional 778 shares in the last quarter. Finally, Atlas Capital Advisors LLC acquired a new position in shares of Autohome in the second quarter worth $95,000. Hedge funds and other institutional investors own 55.73% of the company’s stock.

Autohome Company Profile (NYSE:ATHM)

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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