Autohome (NYSE:ATHM) Reaches New 52-Week Low at $22.07

Shares of Autohome Inc. (NYSE:ATHM) reached a new 52-week low during trading on Tuesday . The stock traded as low as $22.07 and last traded at $22.07, with a volume of 42654 shares changing hands. The stock had previously closed at $22.61.

Analyst Upgrades and Downgrades

ATHM has been the topic of a number of research analyst reports. Citigroup reaffirmed a “neutral” rating and issued a $28.00 target price (down previously from $31.00) on shares of Autohome in a report on Friday, July 19th. StockNews.com upgraded Autohome from a “hold” rating to a “buy” rating in a research report on Friday, August 9th. Finally, Benchmark cut Autohome from a “buy” rating to a “hold” rating in a research report on Wednesday, July 24th.

Autohome Price Performance

The firm has a market capitalization of $2.90 billion, a price-to-earnings ratio of 10.95 and a beta of 0.14. The stock has a fifty day moving average of $26.11 and a two-hundred day moving average of $26.42.

Autohome (NYSE:ATHM) last posted its quarterly earnings data on Wednesday, July 31st. The information services provider reported $4.71 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $4.12. Autohome had a return on equity of 8.19% and a net margin of 25.81%. The company had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the firm earned $0.59 earnings per share. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. On average, research analysts forecast that Autohome Inc. will post 1.98 EPS for the current year.

Autohome Dividend Announcement

The firm also recently disclosed a Variable dividend, which will be paid on Wednesday, August 21st. Stockholders of record on Wednesday, July 10th will be paid a $0.57 dividend. This represents a dividend yield of 6.1%. The ex-dividend date is Wednesday, July 10th. Autohome’s dividend payout ratio is 79.62%.

Institutional Trading of Autohome

Several hedge funds have recently modified their holdings of the stock. Atlas Capital Advisors LLC acquired a new position in shares of Autohome during the second quarter worth approximately $28,000. Parallel Advisors LLC raised its holdings in Autohome by 99.4% during the fourth quarter. Parallel Advisors LLC now owns 1,318 shares of the information services provider’s stock worth $37,000 after buying an additional 657 shares during the last quarter. Public Employees Retirement Association of Colorado lifted its stake in shares of Autohome by 88.9% in the first quarter. Public Employees Retirement Association of Colorado now owns 1,700 shares of the information services provider’s stock valued at $45,000 after buying an additional 800 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in shares of Autohome by 24.2% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 4,676 shares of the information services provider’s stock valued at $123,000 after buying an additional 912 shares during the last quarter. Finally, Van ECK Associates Corp grew its holdings in shares of Autohome by 19.4% during the fourth quarter. Van ECK Associates Corp now owns 5,124 shares of the information services provider’s stock valued at $144,000 after buying an additional 831 shares during the last quarter. Institutional investors own 63.08% 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 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.