Autohome Inc (NYSE:ATHM) saw a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 4,077,658 shares, an increase of 66.4% from the July 31st total of 2,451,159 shares. Based on an average daily volume of 1,253,702 shares, the days-to-cover ratio is presently 3.3 days.

Several equities research analysts have recently issued reports on ATHM shares. ValuEngine upgraded shares of Autohome from a “hold” rating to a “buy” rating in a research note on Wednesday, June 6th. JPMorgan Chase & Co. assumed coverage on shares of Autohome in a research note on Wednesday, August 29th. They set a “hold” rating and a $80.00 price target on the stock. Finally, Zacks Investment Research upgraded shares of Autohome from a “sell” rating to a “hold” rating and set a $117.00 target price on the stock in a research note on Friday, May 25th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $83.47.

Shares of ATHM stock traded up $0.89 on Friday, reaching $77.35. The company had a trading volume of 674,938 shares, compared to its average volume of 942,818. The stock has a market cap of $8.67 billion, a PE ratio of 24.63 and a beta of 1.96. Autohome has a 12 month low of $52.93 and a 12 month high of $119.50.

Autohome (NYSE:ATHM) last announced its quarterly earnings results on Wednesday, August 8th. The information services provider reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.03. Autohome had a return on equity of 27.64% and a net margin of 36.15%. The company had revenue of $282.43 million during the quarter. analysts anticipate that Autohome will post 3.4 EPS for the current year.

Several institutional investors and hedge funds have recently modified their holdings of the stock. California Public Employees Retirement System boosted its position in Autohome by 0.3% during the 1st quarter. California Public Employees Retirement System now owns 152,408 shares of the information services provider’s stock worth $13,098,000 after acquiring an additional 516 shares during the last quarter. Jaffetilchin Investment Partners LLC raised its stake in shares of Autohome by 5.2% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 10,941 shares of the information services provider’s stock worth $1,105,000 after purchasing an additional 538 shares in the last quarter. Xact Kapitalforvaltning AB raised its stake in shares of Autohome by 5.7% during the 2nd quarter. Xact Kapitalforvaltning AB now owns 11,100 shares of the information services provider’s stock worth $1,121,000 after purchasing an additional 600 shares in the last quarter. Atria Investments LLC raised its stake in shares of Autohome by 7.9% during the 2nd quarter. Atria Investments LLC now owns 8,970 shares of the information services provider’s stock worth $906,000 after purchasing an additional 656 shares in the last quarter. Finally, Navellier & Associates Inc raised its stake in shares of Autohome by 3.8% during the 1st quarter. Navellier & Associates Inc now owns 20,333 shares of the information services provider’s stock worth $1,747,000 after purchasing an additional 738 shares in the last quarter. Institutional investors and hedge funds own 44.48% of the company’s stock.

About Autohome

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, delivers comprehensive, independent, and interactive content to automobile buyers and owners, including company generated content, such as automobile-related articles and reviews, pricing trends in various local markets, photographs, video clips, and live streaming; automobile library, which comprises a range of specifications covering performance levels, dimensions, powertrains, vehicle bodies, interiors, safety, entertainment systems, and other features, as well as manufacturers' suggested retail prices; new and used automobile listings, and promotional information; and user generated content and forums.

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