The stock of Autohome Inc. (NYSE:ATHM) last traded at $29.78, down -1.55% from the previous session.
ATHM stock price is now -13.06% away from the 50-day moving average and -10.26% away from the 200-day moving average. The market capitalization of the company currently stands at $3.77B.
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On August 04, 2022, BofA Securities Upgraded its previous ‘Underperform’ rating to ‘Neutral’ on the stock increasing its target price from $31 to quote $42, while ‘CLSA’ rates the stock as ‘Outperform’.
There have been several recent changes in the stakes of large investors in ATHM stock. A new stake in Autohome Inc. shares was purchased by ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. during the first quarter worth $38,561,000. MARSHALL WACE, LLP invested $16,424,000 in shares of ATHM during the first quarter. In the first quarter, CAUSEWAY CAPITAL MANAGEMENT LLC acquired a new stake in Autohome Inc. valued at approximately $12,211,000. ALTA PARK CAPITAL, LP acquired a new stake in ATHM for approximately $9,713,000. ERGOTELES LLC purchased a new stake in ATHM valued at around $1,249,000 in the second quarter. In total, there are 348 active investors with 51.50% ownership of the company’s stock.
With an opening price of $29.99 on Monday morning, Autohome Inc. (NYSE: ATHM) set off the trading day. During the past 12 months, Autohome Inc. has had a low of $20.49 and a high of $40.89. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 6.00, and a quick ratio of 6.00. The fifty day moving average price for ATHM is $34.26 and a two-hundred day moving average price translates $33.19 for the stock.
The latest earnings results from Autohome Inc. (NYSE: ATHM) was released for Sep, 2022. According to the Internet Content & Information Company, earnings per share came in at $0.68, beating analysts’ expectations of $0.54 by 0.14. This compares to $0.61 EPS in the same period last year. The net profit margin was 26.00% and return on equity was 7.80% for ATHM. The company reported revenue of $259.12 million for the quarter, compared to $273.73 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.34 percent. For the current quarter, analysts expect ATHM to generate $281.44M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 04/11/2023. Investors who held shares on 03/21/2023 were paid a $0.58 dividend. On an annualized basis, this represents a $0.58 dividend and a 1.95% percent yield. There was an ex-dividend date of 03/20/2023 for this dividend.
Autohome Inc.(ATHM) 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. 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. The company also offers Autohome Mall, an online transaction platform for users to review automotive-related information, purchase coupons offered by automakers for discounts, and make purchases to complete the transaction; data products; and online bidding platform for used automobiles, as well as collects commissions for facilitating transactions of auto-financing and insurance products on its platform. The company was formerly known as Sequel Limited and changed its name to Autohome Inc. in October 2011. Autohome Inc. was incorporated in 2008 and is headquartered in Beijing, the People’s Republic of China.
