Autohome (NYSE:ATHM) has been assigned a $75.00 price target by JPMorgan Chase & Co. in a report released on Monday, TipRanks reports. The brokerage presently has a “hold” rating on the information services provider’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential downside of 3.97% from the company’s current price.
Several other equities research analysts also recently issued reports on ATHM. Citigroup reissued a “buy” rating and issued a $110.00 price objective (down from $125.00) on shares of Autohome in a research note on Friday, July 5th. Benchmark downgraded Autohome from a “buy” rating to a “hold” rating in a research note on Friday, July 19th. Sanford C. Bernstein started coverage on Autohome in a research note on Thursday, June 27th. They set an “outperform” rating and a $110.00 price target for the company. Zacks Investment Research downgraded Autohome from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 10th. Finally, Macquarie set a $105.00 price target on Autohome and gave the stock a “buy” rating in a research note on Thursday, July 4th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $105.67.
Autohome stock traded down $1.95 during mid-day trading on Monday, hitting $78.10. The company’s stock had a trading volume of 616,171 shares, compared to its average volume of 977,901. The stock’s 50 day moving average is $83.11. The firm has a market cap of $9.05 billion, a P/E ratio of 20.91, a PEG ratio of 0.92 and a beta of 1.51. Autohome has a 52-week low of $61.43 and a 52-week high of $117.99.
Autohome (NYSE:ATHM) last announced its quarterly earnings data on Wednesday, August 7th. The information services provider reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.01. The firm had revenue of $336.30 million during the quarter, compared to the consensus estimate of $331.00 million. Autohome had a return on equity of 29.47% and a net margin of 39.33%. The business’s revenue for the quarter was up 19.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.88 EPS. As a group, analysts predict that Autohome will post 4.18 earnings per share for the current year.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Baillie Gifford & Co. increased its holdings in shares of Autohome by 0.6% during the 2nd quarter. Baillie Gifford & Co. now owns 3,365,435 shares of the information services provider’s stock valued at $288,149,000 after acquiring an additional 19,819 shares during the last quarter. BlackRock Inc. increased its holdings in shares of Autohome by 7.1% during the 1st quarter. BlackRock Inc. now owns 3,002,288 shares of the information services provider’s stock valued at $315,600,000 after acquiring an additional 198,725 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Autohome by 9.4% during the 2nd quarter. Invesco Ltd. now owns 1,920,193 shares of the information services provider’s stock valued at $164,407,000 after acquiring an additional 164,307 shares during the last quarter. Federated Investors Inc. PA increased its holdings in shares of Autohome by 11,064.9% during the 1st quarter. Federated Investors Inc. PA now owns 1,439,150 shares of the information services provider’s stock valued at $151,283,000 after acquiring an additional 1,426,260 shares during the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of Autohome by 5.4% during the 2nd quarter. Wells Fargo & Company MN now owns 1,303,408 shares of the information services provider’s stock valued at $111,597,000 after acquiring an additional 66,326 shares during the last quarter. 54.28% of the stock is owned by institutional investors.
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, delivers comprehensive, independent, and interactive content to automobile buyers and owners, including company generated content, such as automobile-related articles and reviews, pricing trends in various local markets, photographs, video clips, and live streaming; automobile library, which comprises a range of specifications covering performance levels, dimensions, powertrains, vehicle bodies, interiors, safety, entertainment systems, and other features, as well as manufacturers' suggested retail prices; new and used automobile listings, and promotional information; and user generated content and forums.
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