Autohome (NYSE:ATHM) Issues Earnings Results

Autohome (NYSE:ATHM) released its quarterly earnings results on Thursday. The information services provider reported $0.50 EPS for the quarter, beating the consensus estimate of $0.49 by $0.01, Zacks reports. Autohome had a net margin of 24.36% and a return on equity of 7.79%.

Autohome Stock Performance

NYSE ATHM traded down $0.25 during mid-day trading on Thursday, reaching $29.87. 822,329 shares of the stock were exchanged, compared to its average volume of 479,323. Autohome has a 1-year low of $21.89 and a 1-year high of $34.70. The business’s fifty day simple moving average is $27.28 and its 200 day simple moving average is $27.65. The stock has a market capitalization of $3.62 billion, a PE ratio of 14.85 and a beta of 0.18.

Analysts Set New Price Targets

ATHM has been the topic of several research reports. StockNews.com lowered shares of Autohome from a “buy” rating to a “hold” rating in a research report on Wednesday. The Goldman Sachs Group upgraded shares of Autohome to a “hold” rating in a research report on Wednesday, December 11th. Finally, CLSA lowered shares of Autohome from an “outperform” rating to a “hold” rating in a research report on Thursday, October 24th. Five equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $28.00.

Autohome Company Profile

Autohome Inc operates as an online destination for automobile consumers in the People’s Republic of China. The company delivers interactive content and tools to automobile consumers through its three websites, autohome.com.cn, che168.com, and ttpai.cn on PCs, mobile devices, mobile applications, and mini apps.