Autohome (ATHM) Scheduled to Post Earnings on Tuesday

Autohome (NYSE:ATHMGet Rating) is scheduled to post its quarterly earnings results before the market opens on Tuesday, May 24th. Analysts expect Autohome to post earnings of $0.44 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Autohome (NYSE:ATHMGet Rating) last announced its quarterly earnings data on Thursday, February 24th. The information services provider reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.04. Autohome had a net margin of 29.63% and a return on equity of 11.85%. The business had revenue of $265.80 million during the quarter, compared to analyst estimates of $265.90 million. During the same period last year, the firm posted $1.52 EPS. The company’s revenue was down 30.2% on a year-over-year basis. On average, analysts expect Autohome to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of ATHM opened at $27.95 on Tuesday. Autohome has a 1 year low of $20.49 and a 1 year high of $92.94. The company has a 50 day simple moving average of $28.27 and a two-hundred day simple moving average of $30.82. The firm has a market cap of $3.56 billion, a P/E ratio of 10.47 and a beta of 0.24.

The company also recently announced an annual dividend, which was paid on Tuesday, April 5th. Stockholders of record on Monday, March 21st were given a dividend of $0.53 per share. The ex-dividend date of this dividend was Friday, March 18th. This represents a dividend yield of 1.95%. Autohome’s dividend payout ratio is currently 19.10%.

A number of research analysts have recently commented on the company. Zacks Investment Research upgraded Autohome from a “sell” rating to a “hold” rating in a research report on Friday, May 6th. JPMorgan Chase & Co. lowered their target price on Autohome from $33.00 to $25.00 in a research report on Monday, March 14th. Citigroup upgraded Autohome from a “neutral” rating to a “buy” rating and set a $30.00 target price for the company in a research report on Thursday, April 28th. Benchmark upgraded Autohome from a “hold” rating to a “buy” rating and set a $44.00 target price for the company in a research report on Monday, February 28th. Finally, StockNews.com initiated coverage on Autohome in a research report on Thursday, March 31st. They issued a “hold” rating for the company. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $47.29.

Several large investors have recently added to or reduced their stakes in the company. Invesco Ltd. lifted its position in shares of Autohome by 3.3% during the first quarter. Invesco Ltd. now owns 4,755,472 shares of the information services provider’s stock worth $144,614,000 after purchasing an additional 153,299 shares during the last quarter. BlackRock Inc. lifted its position in shares of Autohome by 1.3% during the first quarter. BlackRock Inc. now owns 3,863,666 shares of the information services provider’s stock worth $117,497,000 after purchasing an additional 50,368 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Autohome by 3.9% during the first quarter. Vanguard Group Inc. now owns 2,106,816 shares of the information services provider’s stock valued at $64,068,000 after buying an additional 78,170 shares during the period. Federated Hermes Inc. increased its stake in shares of Autohome by 1.2% during the first quarter. Federated Hermes Inc. now owns 1,718,615 shares of the information services provider’s stock valued at $52,263,000 after buying an additional 20,228 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in shares of Autohome by 12.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 714,186 shares of the information services provider’s stock valued at $21,054,000 after buying an additional 78,132 shares during the period. Institutional investors and hedge funds own 51.44% of the company’s stock.

About Autohome (Get Rating)

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.

See Also

Earnings History for Autohome (NYSE:ATHM)

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