Autohome Inc. (NYSE:ATHM) Receives $32.00 Consensus Target Price from Brokerages

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

ATHM has been the topic of several research reports. JPMorgan Chase & Co. raised 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 report on Wednesday, March 12th. StockNews.com downgraded shares of Autohome from a "buy" rating to a "hold" rating in a research report on Friday, February 28th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its position in shares of Autohome by 2,671.8% in the first quarter. GAMMA Investing LLC now owns 1,968 shares of the information services provider's stock worth $55,000 after buying an additional 1,897 shares during the period. SVB Wealth LLC purchased a new position in Autohome in the 1st quarter worth approximately $57,000. Liontrust Investment Partners LLP acquired a new stake in Autohome in the first quarter valued at approximately $129,000. Vontobel Holding Ltd. raised its stake in shares of Autohome by 27.4% during the fourth quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider's stock valued at $222,000 after purchasing an additional 1,841 shares during the period. Finally, Walleye Capital LLC acquired a new position in shares of Autohome during the fourth quarter worth $231,000. 63.08% of the stock is owned by hedge funds and other institutional investors.

Autohome Trading Down 0.6%

ATHM traded down $0.15 during midday trading on Monday, hitting $25.61. The company's stock had a trading volume of 419,554 shares, compared to its average volume of 518,327. Autohome has a 52-week low of $21.89 and a 52-week high of $34.70. The firm has a 50-day moving average price of $27.17 and a two-hundred day moving average price of $27.59. The firm has a market cap of $3.07 billion, a P/E ratio of 13.84 and a beta of 0.02.

Autohome (NYSE:ATHM - Get Free Report) last released its earnings results on Thursday, February 20th. The information services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 the consensus estimate of $243.26 million. On average, equities analysts expect that Autohome will post 1.84 EPS for the current year.

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.