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 EPS for the quarter, topping 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%. The firm had revenue of $244.33 million for the quarter, compared to analysts’ expectations of $243.26 million.

Autohome Price Performance

Autohome stock opened at $29.94 on Friday. Autohome has a one year low of $21.89 and a one year high of $34.70. The stock has a market capitalization of $3.63 billion, a PE ratio of 14.89 and a beta of 0.18. The business’s fifty day moving average is $27.36 and its 200 day moving average is $27.72.

Wall Street Analyst Weigh In

ATHM has been the topic of a number of recent research reports. The Goldman Sachs Group raised Autohome to a “hold” rating in a research note on Wednesday, December 11th. StockNews.com cut Autohome from a “buy” rating to a “hold” rating in a research report on Wednesday. Five equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Autohome presently has an average rating of “Hold” and a consensus price target of $28.00.

About Autohome

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.