Autohome Inc. (NYSE:ATHM) Expected to Post Earnings of $0.50 Per Share

Equities analysts expect that Autohome Inc. (NYSE:ATHM – Get Rating) will post $0.50 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Autohome’s earnings. The lowest EPS estimate is $0.49 and the highest is $0.50. Autohome posted earnings per share of $0.92 during the same quarter last year, which suggests a negative year over year growth rate of 45.7%. The business is expected to report its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Autohome will report full-year earnings of $2.42 per share for the current financial year, with EPS estimates ranging from $2.28 to $2.55. For the next year, analysts forecast that the company will report earnings of $2.86 per share, with EPS estimates ranging from $2.49 to $3.22. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that that provide coverage for Autohome.

Autohome (NYSE:ATHM – Get Rating) last announced its earnings results on Thursday, February 24th. The information services provider reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.04. Autohome had a net margin of 29.63% and a return on equity of 11.85%. The company had revenue of $265.80 million during the quarter, compared to analyst estimates of $265.90 million. During the same period in the previous year, the business earned $1.52 earnings per share. The firm’s quarterly revenue was down 30.2% compared to the same quarter last year.

ATHM has been the topic of a number of analyst reports. Zacks Investment Research raised Autohome from a “sell” rating to a “hold” rating in a research note on Friday. Citigroup raised Autohome from a “neutral” rating to a “buy” rating and set a $30.00 price target on the stock in a research note on Thursday, April 28th. StockNews.com initiated coverage on Autohome in a research note on Thursday, March 31st. They issued a “hold” rating on the stock. JPMorgan Chase & Co. decreased their price target on Autohome from $33.00 to $25.00 in a research note on Monday, March 14th. Finally, Benchmark raised Autohome from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research note on Monday, February 28th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Autohome presently has a consensus rating of “Hold” and an average price target of $47.29.

A number of institutional investors have recently added to or reduced their stakes in the business. Balentine LLC bought a new stake in Autohome in the first quarter worth $276,000. Quadrant Capital Group LLC lifted its holdings in shares of Autohome by 12.7% during the first quarter. Quadrant Capital Group LLC now owns 3,645 shares of the information services provider’s stock valued at $111,000 after purchasing an additional 411 shares in the last quarter. JJJ Advisors Inc. lifted its holdings in shares of Autohome by 47.4% during the first quarter. JJJ Advisors Inc. now owns 3,309 shares of the information services provider’s stock valued at $101,000 after purchasing an additional 1,064 shares in the last quarter. Mondrian Investment Partners LTD lifted its holdings in shares of Autohome by 4.5% during the first quarter. Mondrian Investment Partners LTD now owns 6,293,166 shares of the information services provider’s stock valued at $191,375,000 after purchasing an additional 269,083 shares in the last quarter. Finally, DGS Capital Management LLC lifted its holdings in shares of Autohome by 62.3% during the first quarter. DGS Capital Management LLC now owns 11,538 shares of the information services provider’s stock valued at $351,000 after purchasing an additional 4,431 shares in the last quarter. 51.44% of the stock is currently owned by institutional investors and hedge funds.

Shares of ATHM stock opened at $26.83 on Monday. The business has a 50-day moving average of $28.50 and a 200 day moving average of $31.54. Autohome has a 1-year low of $20.49 and a 1-year high of $94.89. The stock has a market capitalization of $3.42 billion, a PE ratio of 10.05 and a beta of 0.24.

The business also recently announced an annual dividend, which was paid on Tuesday, April 5th. Shareholders of record on Monday, March 21st were issued a $0.53 dividend. This represents a yield of 1.95%. The ex-dividend date was Friday, March 18th. Autohome’s dividend payout ratio (DPR) is 19.10%.

About Autohome (Get Rating)

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, and its mobile applications and mini apps, delivers interactive content and tools to automobile consumers. It provides media services, including automaker advertising services and regional marketing campaigns; and leads generation services comprising dealer subscription services, advertising services for individual dealers, and used automobile listing and other platform-based services.

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