Autohome Inc. (ATHM) – What Are Analysts Thinking About This Stock?

Shares of Autohome Inc. (NYSE:ATHM) have been assigned a consensus recommendation of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $19.95.

A number of equities research analysts have recently issued reports on ATHM shares. Jefferies Financial Group reaffirmed a “buy” rating and set a $26.50 target price on shares of Autohome in a research report on Wednesday. Weiss Ratings upgraded Autohome from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, September 22nd. Bank of America cut Autohome from a “neutral” rating to an “underperform” rating and set a $19.00 price target on the stock. in a research note on Tuesday, August 18th. Zacks Research raised Autohome from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 13th. Finally, Wall Street Zen upgraded Autohome from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd.

Insiders Place Their Bets

In other news, CTO Bibo Xiang sold 5,588 shares of the business’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $5.29, for a total transaction of $29,560.52. Following the sale, the chief technology officer owned 56,780 shares in the company, valued at $300,366.20. The trade was a 8.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Quan Long sold 34,400 shares of the business’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $5.29, for a total transaction of $181,976.00. Following the sale, the director owned 175,984 shares in the company, valued at $930,955.36. This represents a 16.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 49,304 shares of company stock worth $260,818 over the last ninety days. 5.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Autohome

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its position in Autohome by 19.5% during the first quarter. Dimensional Fund Advisors LP now owns 370,108 shares of the information services provider’s stock valued at $6,424,000 after buying an additional 60,511 shares during the period. Assenagon Asset Management S.A. purchased a new stake in Autohome in the 1st quarter worth about $1,014,000. Renaissance Technologies LLC purchased a new stake in Autohome in the 1st quarter worth about $2,418,000. Public Employees Retirement System of Ohio purchased a new stake in Autohome in the 2nd quarter worth about $5,293,000. Finally, First Trust Advisors LP acquired a new stake in Autohome during the 1st quarter worth about $5,714,000. Institutional investors and hedge funds own 63.08% of the company’s stock.

Autohome Stock Performance

Shares of NYSE:ATHM opened at $20.16 on Friday. Autohome has a one year low of $15.57 and a one year high of $28.12. The stock has a fifty day moving average of $21.56 and a 200-day moving average of $19.88. The company has a market capitalization of $2.32 billion, a PE ratio of 17.38 and a beta of 0.27.

About Autohome

Autohome Inc (NYSE: ATHM) operates an online platform serving automobile consumers and industry participants in China. The company provides automotive news, reviews, buying guides, videos and other user-generated or professionally produced content designed to help consumers research vehicles and make purchasing decisions.

Through its websites and mobile applications, including Autohome and Che168, the company offers vehicle search and comparison tools, pricing information, listings for new and used vehicles, dealer information and online communities.