CLSA set a $95.00 price objective on Autohome (NYSE:ATHM) in a research report sent to investors on Tuesday morning. The brokerage currently has a buy rating on the information services provider’s stock.

A number of other brokerages have also issued reports on ATHM. Zacks Investment Research lowered shares of Autohome from a strong-buy rating to a hold rating in a report on Tuesday, July 24th. JPMorgan Chase & Co. started coverage on shares of Autohome in a report on Wednesday, August 29th. They issued a hold rating and a $80.00 price objective for the company. Finally, ValuEngine lowered shares of Autohome from a buy rating to a hold rating in a report on Monday, July 2nd. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of $87.50.

Autohome stock opened at $63.78 on Tuesday. Autohome has a 52-week low of $52.93 and a 52-week high of $119.50. The firm has a market cap of $8.14 billion, a PE ratio of 24.25 and a beta of 1.97.

Autohome (NYSE:ATHM) last announced its quarterly earnings data on Wednesday, August 8th. The information services provider reported $0.95 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.92 by $0.03. Autohome had a net margin of 36.15% and a return on equity of 27.64%. The firm had revenue of $282.43 million during the quarter. As a group, equities research analysts forecast that Autohome will post 3.34 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Jaffetilchin Investment Partners LLC lifted its position in Autohome by 5.2% in the second quarter. Jaffetilchin Investment Partners LLC now owns 10,941 shares of the information services provider’s stock valued at $1,105,000 after buying an additional 538 shares during the last quarter. Xact Kapitalforvaltning AB lifted its position in Autohome by 5.7% in the second quarter. Xact Kapitalforvaltning AB now owns 11,100 shares of the information services provider’s stock valued at $1,121,000 after buying an additional 600 shares during the last quarter. Atria Investments LLC lifted its position in Autohome by 7.9% in the second quarter. Atria Investments LLC now owns 8,970 shares of the information services provider’s stock valued at $906,000 after buying an additional 656 shares during the last quarter. Navellier & Associates Inc lifted its position in Autohome by 3.8% in the first quarter. Navellier & Associates Inc now owns 20,333 shares of the information services provider’s stock valued at $1,747,000 after buying an additional 738 shares during the last quarter. Finally, Signaturefd LLC lifted its position in Autohome by 209.0% in the second quarter. Signaturefd LLC now owns 1,128 shares of the information services provider’s stock valued at $114,000 after buying an additional 763 shares during the last quarter. 44.41% of the stock is owned by hedge funds and other institutional investors.

About Autohome

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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Analyst Recommendations for Autohome (NYSE:ATHM)

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