Autohome Inc. (NYSE:ATHM) Plans Dividend Increase – $0.87 Per Share

Posted by on Feb 23rd, 2021 // Comments off

Autohome Inc. (NYSE:ATHM) declared an annual dividend on Monday, February 8th, Wall Street Journal reports. Investors of record on Thursday, February 25th will be paid a dividend of 0.87 per share by the information services provider on Friday, March 5th. This represents a yield of 0.6%. The ex-dividend date is Wednesday, February 24th. This is a boost from Autohome’s previous annual dividend of $0.77.

Autohome stock opened at $128.14 on Tuesday. The stock has a 50 day moving average of $117.16 and a two-hundred day moving average of $100.64. Autohome has a twelve month low of $59.54 and a twelve month high of $147.67. The stock has a market capitalization of $15.13 billion, a price-to-earnings ratio of 31.80, a PEG ratio of 1.22 and a beta of 0.82.

Autohome (NYSE:ATHM) last released its quarterly earnings results on Monday, February 1st. The information services provider reported $9.91 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.49 by $8.42. Autohome had a return on equity of 23.40% and a net margin of 39.58%. The business had revenue of $380.60 million during the quarter, compared to analysts’ expectations of $378.91 million. During the same quarter in the prior year, the business earned $1.38 earnings per share. The company’s quarterly revenue was up 13.7% compared to the same quarter last year. As a group, equities analysts predict that Autohome will post 4.32 EPS for the current year.

Several research firms have recently commented on ATHM. UBS Group upgraded shares of Autohome from a “neutral” rating to a “buy” rating in a research note on Wednesday, November 25th. Macquarie raised their price target on Autohome from $95.00 to $109.00 and gave the company a “neutral” rating in a report on Wednesday, February 3rd. Zacks Investment Research cut shares of Autohome from a “hold” rating to a “sell” rating in a research note on Wednesday, January 27th. HSBC boosted their target price on Autohome from $113.00 to $137.00 and gave the stock a “buy” rating in a research report on Wednesday, February 3rd. Finally, Mizuho raised Autohome from a “neutral” rating to a “buy” rating and upped their target price for the company from $83.10 to $117.60 in a report on Wednesday, November 25th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. Autohome presently has a consensus rating of “Hold” and a consensus target price of $100.66.

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, and its mobile applications and mini apps, delivers comprehensive, independent, and interactive content to automobile consumers.

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