Analysts Anticipate Autohome Inc (ATHM) to Announce $1.11 EPS

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Equities research analysts forecast that Autohome Inc (NYSE:ATHM) will report earnings per share (EPS) of $1.11 for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Autohome’s earnings. The lowest EPS estimate is $1.10 and the highest is $1.11. Autohome posted earnings per share of $0.95 during the same quarter last year, which suggests a positive year over year growth rate of 16.8%. The company is scheduled to announce its next earnings report on Wednesday, August 14th.

On average, analysts expect that Autohome will report full-year earnings of $4.53 per share for the current fiscal year, with EPS estimates ranging from $4.41 to $4.65. For the next financial year, analysts forecast that the company will report earnings of $5.45 per share, with EPS estimates ranging from $5.37 to $5.55. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover Autohome.

Autohome (NYSE:ATHM) last issued its quarterly earnings results on Wednesday, May 8th. The information services provider reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.07. The business had revenue of $240.00 million during the quarter, compared to analyst estimates of $234.43 million. Autohome had a net margin of 40.12% and a return on equity of 30.85%. During the same quarter last year, the business posted $0.70 earnings per share.

A number of analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Autohome from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 30th. ValuEngine raised shares of Autohome from a “hold” rating to a “buy” rating in a report on Saturday, March 30th. JPMorgan Chase & Co. raised shares of Autohome from an “underweight” rating to a “neutral” rating and set a $90.00 price target for the company in a report on Friday. Bank of America raised their price target on shares of Autohome from $96.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, February 27th. Finally, Credit Suisse Group lowered shares of Autohome from an “outperform” rating to a “neutral” rating and raised their price target for the company from $83.00 to $92.00 in a report on Wednesday, February 27th. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $99.76.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Standard Life Aberdeen plc grew its holdings in Autohome by 17.3% during the 4th quarter. Standard Life Aberdeen plc now owns 6,605,795 shares of the information services provider’s stock worth $516,903,000 after acquiring an additional 975,525 shares during the period. BlackRock Inc. grew its holdings in Autohome by 7.1% during the 1st quarter. BlackRock Inc. now owns 3,002,288 shares of the information services provider’s stock worth $315,600,000 after acquiring an additional 198,725 shares during the period. MERIAN GLOBAL INVESTORS UK Ltd grew its holdings in Autohome by 8.8% during the 4th quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 1,783,900 shares of the information services provider’s stock worth $139,554,000 after acquiring an additional 144,800 shares during the period. Federated Investors Inc. PA grew its holdings in Autohome by 11,064.9% during the 1st quarter. Federated Investors Inc. PA now owns 1,439,150 shares of the information services provider’s stock worth $151,283,000 after acquiring an additional 1,426,260 shares during the period. Finally, Wells Fargo & Company MN grew its holdings in Autohome by 2.8% during the 1st quarter. Wells Fargo & Company MN now owns 1,237,082 shares of the information services provider’s stock worth $130,042,000 after acquiring an additional 33,147 shares during the period. 52.41% of the stock is owned by hedge funds and other institutional investors.

Shares of Autohome stock traded down $3.67 during midday trading on Friday, reaching $99.67. The company had a trading volume of 862,943 shares, compared to its average volume of 893,891. The firm has a market cap of $11.78 billion, a P/E ratio of 26.58, a P/E/G ratio of 1.05 and a beta of 1.39. Autohome has a 1-year low of $61.43 and a 1-year high of $119.50.

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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