Autohome (NYSE:ATHM) released its quarterly earnings results on Tuesday. The information services provider reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.01, Briefing.com reports. The business had revenue of $303.60 million during the quarter, compared to analyst estimates of $306.01 million. Autohome had a return on equity of 27.75% and a net margin of 37.62%. Autohome’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.84 EPS.
Shares of Autohome stock traded up $2.11 during trading hours on Friday, hitting $72.96. 33,744 shares of the company’s stock traded hands, compared to its average volume of 765,375. Autohome has a 12-month low of $61.43 and a 12-month high of $117.99. The stock has a market capitalization of $9.15 billion, a price-to-earnings ratio of 19.51, a PEG ratio of 1.07 and a beta of 1.30. The company has a fifty day simple moving average of $85.09 and a 200-day simple moving average of $89.26.
A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. set a $75.00 price target on Autohome and gave the company a “hold” rating in a research report on Monday, August 12th. Sanford C. Bernstein lowered Autohome from an “outperform” rating to a “market perform” rating in a research report on Wednesday. Mizuho assumed coverage on Autohome in a research report on Friday, September 6th. They issued a “neutral” rating and a $84.10 price target for the company. Benchmark lowered Autohome from a “buy” rating to a “hold” rating in a research report on Friday, July 19th. Finally, ValuEngine raised Autohome from a “strong sell” rating to a “sell” rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. Autohome currently has an average rating of “Hold” and an average target price of $103.51.
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.
Further Reading: Net Income
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