Autohome Inc. (NYSE:ATHM) Receives Consensus Rating of "Moderate Buy" from Analysts

Autohome Inc. (NYSE:ATHM - Get Free Report) has been given an average recommendation of "Moderate Buy" by the six ratings firms that are covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $32.00.

Several research firms have recently issued reports on ATHM. JPMorgan Chase & Co. raised shares of Autohome from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $24.00 to $36.00 in a research note on Wednesday, March 12th. StockNews.com cut Autohome from a "buy" rating to a "hold" rating in a research report on Friday, February 28th.

Autohome Stock Performance

Autohome stock traded up $1.25 during midday trading on Thursday, hitting $27.07. 386,250 shares of the company were exchanged, compared to its average volume of 519,270. The business has a fifty day simple moving average of $28.25 and a two-hundred day simple moving average of $28.08. The firm has a market capitalization of $3.28 billion, a PE ratio of 14.63 and a beta of 0.16. Autohome has a fifty-two week low of $21.89 and a fifty-two week high of $34.70.

Autohome (NYSE:ATHM - Get Free Report) last posted its earnings results on Thursday, February 20th. The information services provider reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.01. Autohome had a net margin of 23.02% and a return on equity of 7.79%. The firm had revenue of $244.33 million during the quarter, compared to analyst estimates of $243.26 million. As a group, equities analysts expect that Autohome will post 1.84 earnings per share for the current year.

Hedge Funds Weigh In On Autohome

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Invesco Ltd. lifted its holdings in Autohome by 7.0% in the 4th quarter. Invesco Ltd. now owns 6,388,268 shares of the information services provider's stock valued at $165,776,000 after purchasing an additional 415,515 shares in the last quarter. Krane Funds Advisors LLC boosted its position in Autohome by 7.2% during the fourth quarter. Krane Funds Advisors LLC now owns 2,852,716 shares of the information services provider's stock worth $74,028,000 after acquiring an additional 191,845 shares during the last quarter. Vanguard Group Inc. grew its stake in Autohome by 5.6% during the 4th quarter. Vanguard Group Inc. now owns 2,475,258 shares of the information services provider's stock valued at $64,233,000 after acquiring an additional 130,983 shares in the last quarter. North of South Capital LLP raised its holdings in Autohome by 16.3% in the 4th quarter. North of South Capital LLP now owns 1,965,350 shares of the information services provider's stock valued at $51,001,000 after acquiring an additional 274,974 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its stake in Autohome by 140.5% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,718,761 shares of the information services provider's stock worth $44,602,000 after purchasing an additional 1,004,043 shares in the last quarter. Hedge funds and other institutional investors own 63.08% 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 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.