CICC Research cut shares of Autohome (NYSE:ATHM) from a buy rating to a hold rating in a research note released on Thursday morning, BenzingaRatingsTable reports.

Other research analysts have also recently issued research reports about the stock. Sanford C. Bernstein assumed coverage on shares of Autohome in a report on Thursday, June 27th. They issued an outperform rating and a $110.00 price target on the stock. Citigroup reaffirmed a buy rating and issued a $110.00 price target (down previously from $125.00) on shares of Autohome in a report on Friday, July 5th. Macquarie set a $131.00 price target on shares of Baidu and gave the stock a hold rating in a report on Thursday, July 4th. ValuEngine cut shares of Intersect ENT from a buy rating to a hold rating in a report on Monday, June 3rd. Finally, JPMorgan Chase & Co. set a $195.00 price target on shares of bluebird bio and gave the stock a buy rating in a report on Friday, May 17th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of $107.33.

Autohome stock opened at $81.50 on Thursday. The company has a market capitalization of $9.63 billion, a PE ratio of 20.22, a P/E/G ratio of 0.91 and a beta of 1.48. Autohome has a fifty-two week low of $61.43 and a fifty-two week high of $117.99. The stock has a fifty day moving average price of $87.53.

Autohome (NYSE:ATHM) last released its quarterly earnings results on Wednesday, May 8th. The information services provider reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.07. The firm had revenue of $240.00 million for the quarter, compared to analysts’ expectations of $234.43 million. Autohome had a net margin of 40.12% and a return on equity of 30.85%. During the same quarter in the prior year, the firm posted $0.70 earnings per share. On average, research analysts expect that Autohome will post 4.18 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Lindbrook Capital LLC increased its stake in Autohome by 211.0% in the first quarter. Lindbrook Capital LLC now owns 255 shares of the information services provider’s stock valued at $26,000 after acquiring an additional 173 shares during the last quarter. Quadrant Capital Group LLC increased its stake in Autohome by 15.0% in the first quarter. Quadrant Capital Group LLC now owns 951 shares of the information services provider’s stock valued at $99,000 after acquiring an additional 124 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. bought a new position in Autohome in the first quarter valued at $106,000. Daiwa Securities Group Inc. increased its stake in Autohome by 52.1% in the first quarter. Daiwa Securities Group Inc. now owns 1,065 shares of the information services provider’s stock valued at $112,000 after acquiring an additional 365 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in Autohome by 24.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,523 shares of the information services provider’s stock valued at $119,000 after acquiring an additional 301 shares during the last quarter. 54.47% of the stock is currently owned by institutional investors and hedge funds.

Autohome Company Profile

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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Analyst Recommendations for Autohome (NYSE:ATHM)

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