Shares of Autohome Inc (NYSE:ATHM) have earned an average rating of “Buy” from the seven analysts that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $87.80.

ATHM has been the topic of a number of recent analyst reports. ValuEngine downgraded shares of Autohome from a “buy” rating to a “hold” rating in a research note on Tuesday, October 2nd. Zacks Investment Research upgraded shares of Autohome from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a research report on Wednesday, October 31st. Benchmark cut their target price on shares of Autohome from $125.00 to $105.00 and set a “buy” rating on the stock in a report on Tuesday, November 13th. JPMorgan Chase & Co. initiated coverage on shares of Autohome in a report on Wednesday, August 29th. They issued a “hold” rating and a $80.00 target price on the stock. Finally, CLSA set a $95.00 target price on shares of Autohome and gave the stock a “buy” rating in a report on Tuesday, October 16th.

Shares of ATHM opened at $73.82 on Friday. The company has a market capitalization of $9.15 billion, a P/E ratio of 28.07 and a beta of 1.86. Autohome has a 1-year low of $52.93 and a 1-year high of $119.50.

Autohome (NYSE:ATHM) last announced its earnings results on Monday, November 12th. The information services provider reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.06. The business had revenue of $275.00 million for the quarter, compared to the consensus estimate of $269.16 million. Autohome had a net margin of 38.08% and a return on equity of 29.35%. Autohome’s quarterly revenue was up 18.2% on a year-over-year basis. During the same period last year, the firm posted $0.61 earnings per share. As a group, equities analysts anticipate that Autohome will post 3.35 EPS for the current fiscal year.

A number of institutional investors have recently made changes to their positions in ATHM. Royal Bank of Canada lifted its position in Autohome by 182.5% during the first quarter. Royal Bank of Canada now owns 2,706 shares of the information services provider’s stock valued at $232,000 after buying an additional 1,748 shares during the period. Xact Kapitalforvaltning AB raised its position in shares of Autohome by 5.7% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 11,100 shares of the information services provider’s stock worth $1,121,000 after purchasing an additional 600 shares during the last quarter. Atria Investments LLC raised its position in shares of Autohome by 7.9% in the 2nd quarter. Atria Investments LLC now owns 8,970 shares of the information services provider’s stock worth $906,000 after purchasing an additional 656 shares during the last quarter. Bank of Montreal Can raised its position in shares of Autohome by 148.3% in the 2nd quarter. Bank of Montreal Can now owns 52,885 shares of the information services provider’s stock worth $5,342,000 after purchasing an additional 31,589 shares during the last quarter. Finally, Ballentine Partners LLC purchased a new position in shares of Autohome in the 2nd quarter worth about $252,000. 49.98% of the stock is owned by institutional investors and hedge funds.

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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