ValuEngine cut shares of Autohome (NYSE:ATHM) from a buy rating to a hold rating in a research report report published on Tuesday morning.

Other equities research analysts also recently issued reports about the stock. JPMorgan Chase & Co. assumed coverage on shares of Autohome in a report on Wednesday, August 29th. They issued a hold rating and a $80.00 price target on the stock. Zacks Investment Research raised shares of Autohome from a sell rating to a hold rating and set a $117.00 price target on the stock in a report on Friday, May 25th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of $83.47.

Shares of Autohome stock opened at $77.35 on Tuesday. Autohome has a 12-month low of $52.93 and a 12-month high of $119.50. The stock has a market capitalization of $8.67 billion, a PE ratio of 29.36 and a beta of 1.96.

Autohome (NYSE:ATHM) last announced its quarterly earnings results on Wednesday, August 8th. The information services provider reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.03. Autohome had a net margin of 36.15% and a return on equity of 27.64%. The firm had revenue of $282.43 million for the quarter. research analysts predict that Autohome will post 3.4 EPS for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. California Public Employees Retirement System raised its stake in Autohome by 0.3% in the first quarter. California Public Employees Retirement System now owns 152,408 shares of the information services provider’s stock valued at $13,098,000 after purchasing an additional 516 shares in the last quarter. Jaffetilchin Investment Partners LLC raised its stake in Autohome by 5.2% in the second quarter. Jaffetilchin Investment Partners LLC now owns 10,941 shares of the information services provider’s stock valued at $1,105,000 after purchasing an additional 538 shares in the last quarter. Xact Kapitalforvaltning AB raised its stake in Autohome by 5.7% in the second quarter. Xact Kapitalforvaltning AB now owns 11,100 shares of the information services provider’s stock valued at $1,121,000 after purchasing an additional 600 shares in the last quarter. Atria Investments LLC raised its stake in Autohome by 7.9% in the second quarter. Atria Investments LLC now owns 8,970 shares of the information services provider’s stock valued at $906,000 after purchasing an additional 656 shares in the last quarter. Finally, Navellier & Associates Inc raised its stake in Autohome by 3.8% in the first quarter. Navellier & Associates Inc now owns 20,333 shares of the information services provider’s stock valued at $1,747,000 after purchasing an additional 738 shares in the last quarter. 44.48% of the stock is currently owned by institutional investors and hedge funds.

About Autohome

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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Analyst Recommendations for Autohome (NYSE:ATHM)

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