Autohome Inc. (NYSE:ATHM) Receives Average Recommendation of "Moderate Buy" from Analysts

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

A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. raised Autohome from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $24.00 to $36.00 in a research note on Wednesday, March 12th. StockNews.com downgraded Autohome from a "buy" rating to a "hold" rating in a report on Friday, February 28th.

Institutional Trading of Autohome

Several large investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC grew its holdings in shares of Autohome by 2,671.8% in the 1st quarter. GAMMA Investing LLC now owns 1,968 shares of the information services provider's stock worth $55,000 after acquiring an additional 1,897 shares during the last quarter. Liontrust Investment Partners LLP acquired a new stake in Autohome during the first quarter valued at $129,000. Vontobel Holding Ltd. lifted its position in shares of Autohome by 27.4% in the fourth quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider's stock worth $222,000 after buying an additional 1,841 shares during the last quarter. Walleye Capital LLC acquired a new stake in shares of Autohome in the fourth quarter worth about $231,000. Finally, Asset Management One Co. Ltd. lifted its position in shares of Autohome by 37.4% during the 4th quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider's stock worth $261,000 after purchasing an additional 2,652 shares during the last quarter. 63.08% of the stock is currently owned by institutional investors and hedge funds.

Autohome Stock Up 0.7%

ATHM traded up $0.19 during trading on Monday, reaching $26.13. The company had a trading volume of 264,001 shares, compared to its average volume of 518,207. The business has a 50 day simple moving average of $27.45 and a 200-day simple moving average of $27.64. Autohome has a 52 week low of $21.89 and a 52 week high of $34.70. The stock has a market cap of $3.13 billion, a P/E ratio of 14.12 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 EPS for the quarter, topping analysts' consensus estimates of $0.49 by $0.01. The firm had revenue of $244.33 million during the quarter, compared to the consensus estimate of $243.26 million. Autohome had a return on equity of 7.79% and a net margin of 23.02%. As a group, equities research analysts expect that Autohome will post 1.84 EPS for the current fiscal 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.