Autohome Inc. (ATHM) Set to Announce Earnings on Wednesday
Autohome Inc. (NYSE:ATHM) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, August 9th. Analysts expect Autohome to post earnings of $0.51 per share for the quarter.
Autohome (NYSE:ATHM) last posted its quarterly earnings data on Wednesday, May 10th. The information services provider reported $0.41 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.12. The business had revenue of $195.90 million for the quarter, compared to the consensus estimate of $189.69 million. Autohome had a net margin of 21.10% and a return on equity of 21.42%. The company’s revenue was up 15.3% compared to the same quarter last year. During the same period last year, the firm posted $0.39 earnings per share. On average, analysts expect Autohome to post $2.12 EPS for the current fiscal year and $2.53 EPS for the next fiscal year.
Autohome Inc. (NYSE ATHM) opened at 49.50 on Tuesday. The stock has a market capitalization of $5.72 billion, a P/E ratio of 29.69 and a beta of 2.25. Autohome Inc. has a 12-month low of $21.90 and a 12-month high of $49.90. The firm’s 50-day moving average is $46.40 and its 200 day moving average is $37.70.
ATHM has been the topic of several research analyst reports. Benchmark Co. initiated coverage on shares of Autohome in a research report on Tuesday, April 18th. They set a “hold” rating on the stock. Zacks Investment Research lowered shares of Autohome from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 3rd. HSBC Holdings plc restated a “buy” rating and set a $45.00 target price (up from $36.00) on shares of Autohome in a research report on Monday, May 15th. Finally, UBS AG lowered shares of Autohome from a “neutral” rating to a “sell” rating in a research report on Friday, June 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. Autohome presently has a consensus rating of “Hold” and an average price target of $39.25.
Autohome Company Profile
Autohome Inc is an online destination for automobile consumers in China. The Company is engaged in the provision of online advertising and dealer subscription services in the People’s Republic of China (PRC). The Company, through its Websites, autohome.com.cn and che168.com, and mobile applications, delivers content to automobile buyers and owners.
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