Autohome Inc. (NYSE:ATHM) was upgraded by Benchmark Co. from a “hold” rating to a “buy” rating in a report issued on Thursday.

A number of other equities analysts have also weighed in on ATHM. Zacks Investment Research lowered Autohome from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 3rd. HSBC Holdings plc reiterated a “buy” rating and set a $45.00 target price (up previously from $36.00) on shares of Autohome in a research note on Monday, May 15th. UBS AG lowered Autohome from a “neutral” rating to a “sell” rating in a research note on Friday, June 2nd. ValuEngine lowered Autohome from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, Deutsche Bank AG upgraded Autohome from a “hold” rating to a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $39.25.

Shares of Autohome (ATHM) opened at 54.60 on Thursday. Autohome has a one year low of $21.90 and a one year high of $54.60. The firm has a market cap of $6.31 billion, a price-to-earnings ratio of 32.54 and a beta of 2.25. The stock’s 50 day moving average price is $47.26 and its 200 day moving average price is $38.45.

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

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Several institutional investors have recently made changes to their positions in the company. TB Alternative Assets Ltd. purchased a new position in shares of Autohome during the first quarter worth $1,347,000. Candriam Luxembourg S.C.A. increased its stake in shares of Autohome by 415.5% in the first quarter. Candriam Luxembourg S.C.A. now owns 433,000 shares of the information services provider’s stock worth $13,757,000 after buying an additional 349,000 shares in the last quarter. Acadian Asset Management LLC bought a new stake in shares of Autohome during the first quarter worth about $154,000. Russell Investments Group Ltd. increased its stake in shares of Autohome by 16.6% in the first quarter. Russell Investments Group Ltd. now owns 147,784 shares of the information services provider’s stock worth $4,695,000 after buying an additional 21,030 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in shares of Autohome by 22.5% in the first quarter. Wells Fargo & Company MN now owns 1,581,317 shares of the information services provider’s stock worth $50,239,000 after buying an additional 290,046 shares in the last quarter. Institutional investors own 34.15% of the company’s stock.

About Autohome

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.

Analyst Recommendations for Autohome (NYSE:ATHM)

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