Zacks Investment Research downgraded shares of Autohome (NYSE:ATHM) from a hold rating to a strong sell rating in a research report released on Wednesday morning, Zacks.com reports.

According to Zacks, “Autohome Inc. offers an online destination for automobile consumers primarily in the People’s Republic of China. The company through its Websites, autohome.com.cn and che168.com delivers content to automobile buyers and owners. It also offers advertising services; dealer subscription services; used automobile listings services; automobile dealer subscription services as well as operates automotive aftermarket services platform and real-time feedback on the service providers. Autohome Inc. is based in Beijing, China. “

ATHM has been the topic of a number of other research reports. 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 objective on the stock. JPMorgan Chase & Co. set a $195.00 price objective on bluebird bio and gave the stock a buy rating in a research note on Friday, May 17th. Citigroup restated a buy rating and set a $110.00 price objective (down previously from $125.00) on shares of Autohome in a research note on Friday, July 5th. ValuEngine lowered Intersect ENT from a buy rating to a hold rating in a research note on Monday, June 3rd. Finally, CLSA set a $120.00 price objective on Autohome and gave the stock a buy rating in a research note on Monday, June 24th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. Autohome has an average rating of Hold and a consensus price target of $107.33.

Autohome stock opened at $81.50 on Wednesday. The business’s fifty day moving average is $87.53. Autohome has a one year low of $61.43 and a one year high of $117.99. The company has a market cap of $9.63 billion, a price-to-earnings ratio of 20.22, a PEG ratio of 0.91 and a beta of 1.48.

Autohome (NYSE:ATHM) last posted its quarterly earnings data on Wednesday, May 8th. The information services provider reported $0.87 EPS for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.07. Autohome had a return on equity of 30.85% and a net margin of 40.12%. The firm had revenue of $240.00 million for the quarter, compared to analyst estimates of $234.43 million. During the same quarter last year, the company earned $0.70 EPS. Equities analysts anticipate that Autohome will post 4.18 earnings per share for the current year.

Several institutional investors and hedge funds have recently modified their holdings of the company. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in shares of Autohome by 0.4% in the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 27,400 shares of the information services provider’s stock valued at $2,880,000 after purchasing an additional 100 shares during the last quarter. Quadrant Capital Group LLC increased its stake in shares of Autohome by 15.0% in the 1st quarter. Quadrant Capital Group LLC now owns 951 shares of the information services provider’s stock valued at $99,000 after purchasing an additional 124 shares during the last quarter. WINTON GROUP Ltd increased its stake in shares of Autohome by 4.6% in the 2nd quarter. WINTON GROUP Ltd now owns 2,981 shares of the information services provider’s stock valued at $255,000 after purchasing an additional 130 shares during the last quarter. Lindbrook Capital LLC increased its stake in shares of Autohome by 211.0% in the 1st quarter. Lindbrook Capital LLC now owns 255 shares of the information services provider’s stock valued at $26,000 after purchasing an additional 173 shares during the last quarter. Finally, O Shares Investment Advisers LLC increased its stake in shares of Autohome by 3.8% in the 1st quarter. O Shares Investment Advisers LLC now owns 4,753 shares of the information services provider’s stock valued at $500,000 after purchasing an additional 173 shares during the last quarter. Institutional investors own 54.47% of the company’s stock.

Autohome Company Profile

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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