Autohome (NYSE:ATHM) was upgraded by ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Tuesday, February 5th.
Several other equities research analysts have also recently weighed in on ATHM. Zacks Investment Research cut shares of Autohome from a “hold” rating to a “sell” rating in a research report on Thursday, January 31st. JPMorgan Chase & Co. cut shares of Autohome from a “neutral” rating to an “underweight” rating and lowered their price target for the stock from $68.00 to $58.00 in a research report on Monday, January 28th. Macquarie began coverage on shares of Autohome in a research report on Sunday, December 9th. They issued an “outperform” rating and a $82.34 price target for the company. Benchmark lowered their price target on shares of Autohome from $125.00 to $105.00 and set a “buy” rating for the company in a research report on Tuesday, November 13th. Finally, CLSA set a $95.00 price target on shares of Autohome and gave the stock a “buy” rating in a research report on Tuesday, October 16th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $91.48.
Autohome stock traded down $1.01 during trading hours on Tuesday, hitting $93.04. The company had a trading volume of 775,486 shares, compared to its average volume of 737,677. The stock has a market cap of $10.55 billion, a price-to-earnings ratio of 24.81, a price-to-earnings-growth ratio of 0.94 and a beta of 1.40. Autohome has a 1 year low of $61.43 and a 1 year high of $119.50.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Standard Life Aberdeen plc increased its stake in Autohome by 208.2% during the 3rd quarter. Standard Life Aberdeen plc now owns 5,630,270 shares of the information services provider’s stock valued at $435,840,000 after purchasing an additional 3,803,567 shares in the last quarter. MERIAN GLOBAL INVESTORS UK Ltd increased its stake in Autohome by 39.4% during the 3rd quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 1,639,100 shares of the information services provider’s stock valued at $126,882,000 after purchasing an additional 463,200 shares in the last quarter. Canada Pension Plan Investment Board acquired a new position in Autohome during the 3rd quarter valued at approximately $31,583,000. APG Asset Management N.V. increased its stake in Autohome by 74.8% during the 4th quarter. APG Asset Management N.V. now owns 877,981 shares of the information services provider’s stock valued at $60,084,000 after purchasing an additional 375,600 shares in the last quarter. Finally, Handelsbanken Fonder AB increased its stake in Autohome by 155.3% during the 4th quarter. Handelsbanken Fonder AB now owns 382,150 shares of the information services provider’s stock valued at $29,896,000 after purchasing an additional 232,451 shares in the last quarter. Hedge funds and other institutional investors own 50.69% of the company’s stock.
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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