Autohome Inc. (NYSE:ATHM) was upgraded by equities research analysts at Deutsche Bank AG from a “hold” rating to a “buy” rating in a report issued on Thursday, The Fly reports.

ATHM has been the topic of several other research reports. 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 report on Monday, May 15th. Zacks Investment Research downgraded shares of Autohome from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 3rd. ValuEngine downgraded shares of Autohome from a “buy” rating to a “hold” rating in a report on Thursday. Benchmark Co. assumed coverage on shares of Autohome in a report on Tuesday, April 18th. They issued a “hold” rating on the stock. Finally, UBS AG downgraded shares of Autohome from a “neutral” rating to a “sell” rating in a report on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the stock. Autohome presently has a consensus rating of “Hold” and an average target price of $39.25.

Autohome (ATHM) opened at 54.60 on Thursday. Autohome has a 12 month low of $21.90 and a 12 month high of $54.60. The firm has a market cap of $6.31 billion, a P/E ratio of 32.54 and a beta of 2.25. The firm has a 50 day moving average of $47.26 and a 200-day moving average of $38.45.

Autohome (NYSE:ATHM) last issued its earnings results on Wednesday, May 10th. The information services provider reported $0.41 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.12. The business had revenue of $195.90 million for the quarter, compared to the consensus estimate of $189.69 million. Autohome had a net margin of 21.10% and a return on equity of 21.42%. The business’s quarterly revenue was up 15.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.39 earnings per share. On average, equities research analysts forecast that Autohome will post $2.24 earnings per share for the current year.

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Several hedge funds have recently made changes to their positions in the stock. US Bancorp DE boosted 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 valued at $1,532,000 after buying an additional 386 shares during the period. Global X Management Co. LLC boosted 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 valued at $482,000 after buying an additional 714 shares during the period. DekaBank Deutsche Girozentrale bought a new stake in shares of Autohome during the second quarter valued at approximately $517,000. Neuberger Berman Group LLC boosted 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 valued at $1,922,000 after buying an additional 2,385 shares during the period. Finally, NN Investment Partners Holdings N.V. bought a new stake in shares of Autohome during the second quarter valued at approximately $110,000. Hedge funds and other institutional investors own 34.15% of the company’s stock.

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.

The Fly

Analyst Recommendations for Autohome (NYSE:ATHM)

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