Free Trial

Autohome (NYSE:ATHM) Earns Hold (C) Rating from Weiss Ratings

Autohome logo with Computer and Technology background

Key Points

  • Autohome (NYSE:ATHM) received a "hold (c)" rating from Weiss Ratings, indicating a neutral outlook for the stock.
  • The stock traded down to $26.00 with a market cap of $3.04 billion and has a 12-month price range between $23.39 and $32.70.
  • A number of hedge funds, including Invesco Ltd. and Vanguard Group Inc., have recently increased their stakes in Autohome, reflecting continued investor interest.
  • Five stocks we like better than Autohome.

Autohome (NYSE:ATHM - Get Free Report)'s stock had its "hold (c)" rating reissued by equities research analysts at Weiss Ratings in a research note issued to investors on Friday,Weiss Ratings reports.

Autohome Price Performance

Autohome stock traded down $0.12 during mid-day trading on Friday, reaching $26.00. 154,611 shares of the company were exchanged, compared to its average volume of 393,756. The company has a fifty day simple moving average of $28.51 and a 200-day simple moving average of $27.13. Autohome has a 12 month low of $23.39 and a 12 month high of $32.70. The firm has a market cap of $3.04 billion, a PE ratio of 15.29 and a beta of 0.09.

Hedge Funds Weigh In On Autohome

A number of hedge funds have recently added to or reduced their stakes in the stock. Invesco Ltd. increased its stake in Autohome by 6.4% during the 2nd quarter. Invesco Ltd. now owns 7,100,214 shares of the information services provider's stock worth $183,115,000 after acquiring an additional 427,889 shares during the period. Krane Funds Advisors LLC increased its stake in Autohome by 23.4% during the 1st quarter. Krane Funds Advisors LLC now owns 3,520,385 shares of the information services provider's stock worth $97,585,000 after acquiring an additional 667,669 shares during the period. Vanguard Group Inc. increased its stake in Autohome by 4.5% during the 1st quarter. Vanguard Group Inc. now owns 2,587,172 shares of the information services provider's stock worth $71,716,000 after acquiring an additional 111,914 shares during the period. Robeco Institutional Asset Management B.V. increased its stake in Autohome by 33.8% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 2,299,013 shares of the information services provider's stock worth $63,729,000 after acquiring an additional 580,252 shares during the period. Finally, Federated Hermes Inc. increased its stake in Autohome by 61.4% during the 2nd quarter. Federated Hermes Inc. now owns 1,393,033 shares of the information services provider's stock worth $35,926,000 after acquiring an additional 530,152 shares during the period. Institutional investors own 63.08% of the company's stock.

Autohome Company Profile

(Get Free Report)

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Autohome Right Now?

Before you consider Autohome, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Autohome wasn't on the list.

While Autohome currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.