Autohome (NYSE:ATHM) Issues Earnings Results

Autohome (NYSE:ATHM) posted its quarterly earnings results on Thursday. The information services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.01, Zacks reports. The company had revenue of $244.33 million during the quarter, compared to the consensus estimate of $243.26 million. Autohome had a net margin of 24.36% and a return on equity of 7.79%.

Autohome Stock Up 0.1 %

ATHM opened at $30.13 on Friday. The firm has a market cap of $3.65 billion, a P/E ratio of 14.99 and a beta of 0.18. The business’s fifty day simple moving average is $27.32 and its 200 day simple moving average is $27.67. Autohome has a 52 week low of $21.89 and a 52 week high of $34.70.

Analyst Ratings Changes

Several analysts have weighed in on the company. StockNews.com lowered Autohome from a “buy” rating to a “hold” rating in a 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 downgraded shares of Autohome from an “outperform” rating to a “hold” rating in a report on Thursday, October 24th. Five equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently 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.