Brokerages expect Autohome Inc. (NYSE:ATHM) to post earnings per share of $0.51 for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for Autohome’s earnings. Autohome posted earnings per share of $0.45 during the same quarter last year, which indicates a positive year-over-year growth rate of 13.3%. The company is scheduled to report its next earnings report before the market opens on Wednesday, August 9th.
On average, analysts expect that Autohome will report full-year earnings of $1.95 per share for the current financial year, with EPS estimates ranging from $1.94 to $1.95. For the next fiscal year, analysts anticipate that the business will report earnings of $2.30 per share, with EPS estimates ranging from $2.20 to $2.40. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that that provide coverage for Autohome.
Autohome (NYSE:ATHM) last announced its quarterly earnings data on Wednesday, May 10th. The information services provider reported $0.41 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.12. Autohome had a return on equity of 21.42% and a net margin of 21.10%. The company had revenue of $195.90 million for the quarter, compared to analyst estimates of $189.69 million. During the same quarter last year, the firm earned $0.39 EPS. Autohome’s revenue for the quarter was up 15.3% compared to the same quarter last year.
Several research firms have recently commented on ATHM. UBS AG downgraded Autohome from a “neutral” rating to a “sell” rating in a research report on Friday, June 2nd. Zacks Investment Research downgraded Autohome from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 3rd. Benchmark Co. began coverage on Autohome in a research report on Tuesday, April 18th. They issued a “hold” rating on the stock. Finally, HSBC Holdings plc reaffirmed a “buy” rating and issued a $45.00 target price (up previously from $36.00) on shares of Autohome in a research report on Monday, May 15th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $39.25.
Shares of Autohome (NYSE ATHM) traded up 8.98% during mid-day trading on Wednesday, hitting $54.60. The stock had a trading volume of 4,437,307 shares. Autohome has a 52 week low of $21.90 and a 52 week high of $54.60. The stock has a market capitalization of $6.31 billion, a P/E ratio of 32.54 and a beta of 2.25. The stock has a 50 day moving average of $46.68 and a 200-day moving average of $37.92.
A number of large investors have recently modified their holdings of ATHM. US Bancorp DE increased its stake in shares of Autohome by 0.8% in the first quarter. US Bancorp DE now owns 48,226 shares of the information services provider’s stock worth $1,532,000 after buying an additional 386 shares in the last quarter. Global X Management Co. LLC increased its stake in shares of Autohome by 7.2% in the second quarter. Global X Management Co. LLC now owns 10,625 shares of the information services provider’s stock worth $482,000 after buying an additional 714 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new stake in shares of Autohome during the second quarter worth about $517,000. Neuberger Berman Group LLC increased its stake in shares of Autohome by 6.0% in the second quarter. Neuberger Berman Group LLC now owns 42,382 shares of the information services provider’s stock worth $1,922,000 after buying an additional 2,385 shares in the last quarter. Finally, NN Investment Partners Holdings N.V. bought a new stake in shares of Autohome during the second quarter worth about $110,000. 34.15% of the stock is currently owned by institutional investors and hedge funds.
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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