Autohome Inc. (NYSE:ATHM) Receives Consensus Rating of “Hold” from Analysts

Shares of Autohome Inc. (NYSE:ATHM) have been assigned an average recommendation of “Hold” from the five brokerages that are currently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $28.00.

Several research analysts have recently commented on the stock. CLSA lowered shares of Autohome from an “outperform” rating to a “hold” rating in a research note on Thursday, October 24th. StockNews.com cut shares of Autohome from a “buy” rating to a “hold” rating in a research report on Monday. Finally, The Goldman Sachs Group raised Autohome to a “hold” rating in a research report on Wednesday, December 11th.

Institutional Trading of Autohome

Large investors have recently made changes to their positions in the company. Vontobel Holding Ltd. acquired a new position in Autohome during the 3rd quarter worth approximately $219,000. BlueCrest Capital Management Ltd purchased a new stake in shares of Autohome during the 3rd quarter worth $228,000. Asset Management One Co. Ltd. grew its stake in shares of Autohome by 37.4% during the fourth quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider’s stock worth $261,000 after purchasing an additional 2,652 shares in the last quarter. Ritholtz Wealth Management increased its holdings in Autohome by 8.1% in the fourth quarter. Ritholtz Wealth Management now owns 10,399 shares of the information services provider’s stock valued at $270,000 after buying an additional 778 shares during the last quarter. Finally, Van ECK Associates Corp raised its stake in Autohome by 31.2% in the third quarter. Van ECK Associates Corp now owns 9,310 shares of the information services provider’s stock valued at $304,000 after buying an additional 2,212 shares in the last quarter. 63.08% of the stock is currently owned by hedge funds and other institutional investors.

Autohome Price Performance

NYSE ATHM opened at $27.29 on Friday. The company has a market cap of $3.30 billion, a P/E ratio of 13.57 and a beta of 0.18. The stock has a 50-day moving average of $27.09 and a two-hundred day moving average of $27.33. Autohome has a 1-year low of $21.89 and a 1-year high of $34.70.

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.