Autohome (NYSE:ATHM) Releases Earnings Results, Beats Expectations By $0.01 EPS

Autohome (NYSE:ATHM) released its earnings results on Thursday. The information services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.01, Zacks reports. Autohome had a return on equity of 7.79% and a net margin of 24.36%.

Autohome Stock Performance

NYSE ATHM traded down $0.29 on Thursday, reaching $29.82. The company had a trading volume of 900,425 shares, compared to its average volume of 482,841. The firm has a market capitalization of $3.61 billion, a price-to-earnings ratio of 14.83 and a beta of 0.18. Autohome has a 1-year low of $21.89 and a 1-year high of $34.70. The company’s fifty day moving average is $27.28 and its 200-day moving average is $27.65.

Analyst Ratings Changes

Several equities analysts have weighed in on ATHM shares. The Goldman Sachs Group upgraded Autohome to a “hold” rating in a report on Wednesday, December 11th. CLSA downgraded Autohome from an “outperform” rating to a “hold” rating in a research report on Thursday, October 24th. Finally, StockNews.com downgraded Autohome from a “buy” rating to a “hold” rating in a report on Wednesday. Five research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Autohome has a consensus rating of “Hold” and an average target price of $28.00.

Autohome Company Profile

Autohome Inc operates as an online destination for automobile consumers in the People’s Republic of China. The company delivers interactive content and tools to automobile consumers through its three websites, autohome.com.cn, che168.com, and ttpai.cn on PCs, mobile devices, mobile applications, and mini apps.