Jefferies Financial Group Weighs in on Autohome Inc’s FY2019 Earnings (NYSE:ATHM)

Autohome Inc (NYSE:ATHM) – Jefferies Financial Group issued their FY2019 EPS estimates for shares of Autohome in a research note issued on Wednesday, December 4th. Jefferies Financial Group analyst T. Chong expects that the information services provider will earn $3.49 per share for the year. Jefferies Financial Group has a “Buy” rating and a $79.70 price objective on the stock. Jefferies Financial Group also issued estimates for Autohome’s FY2020 earnings at $3.78 EPS and FY2021 earnings at $4.81 EPS.

ATHM has been the subject of a number of other reports. Zacks Investment Research raised shares of Autohome from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Sanford C. Bernstein lowered shares of Autohome from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 6th. Mizuho started coverage on shares of Autohome in a report on Friday, September 6th. They set a “neutral” rating and a $84.10 price target for the company. Finally, ValuEngine raised shares of Autohome from a “hold” rating to a “buy” rating in a report on Tuesday, December 3rd. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $100.98.

ATHM opened at $70.01 on Monday. The company has a fifty day simple moving average of $75.28 and a 200 day simple moving average of $83.26. The firm has a market cap of $8.26 billion, a price-to-earnings ratio of 18.67, a PEG ratio of 1.29 and a beta of 1.27. Autohome has a twelve month low of $65.46 and a twelve month high of $117.99.

Autohome (NYSE:ATHM) last released its quarterly earnings data on Tuesday, November 5th. The information services provider reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 37.62% and a return on equity of 27.20%. The business’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.84 earnings per share.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Kavar Capital Partners LLC bought a new position in Autohome during the 2nd quarter valued at $70,000. Assetmark Inc. boosted its stake in Autohome by 75.3% during the 2nd quarter. Assetmark Inc. now owns 829 shares of the information services provider’s stock valued at $71,000 after acquiring an additional 356 shares during the last quarter. Tower Research Capital LLC TRC bought a new position in Autohome during the 3rd quarter valued at $69,000. Squar Milner Financial Services LLC boosted its stake in Autohome by 894.3% during the 3rd 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 during the last quarter. Finally, Westwood Holdings Group Inc. bought a new position in Autohome during the 2nd quarter valued at $113,000. Hedge funds and other institutional investors own 55.73% of the company’s stock.

About Autohome

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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