Autohome Inc. (NYSE:ATHM) Short Interest Up 82.4% in April
by Jessica Moore · The Cerbat GemAutohome Inc. (NYSE:ATHM – Get Free Report) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,717,630 shares, a growth of 82.4% from the April 15th total of 941,558 shares. Based on an average trading volume of 550,882 shares, the short-interest ratio is currently 3.1 days. Approximately 1.6% of the shares of the company are short sold.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on ATHM shares. Weiss Ratings lowered Autohome from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, April 20th. Zacks Research raised Autohome from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. HSBC lowered Autohome from a “buy” rating to a “hold” rating and set a $17.30 price objective for the company. in a research note on Thursday. Benchmark reissued a “hold” rating on shares of Autohome in a research note on Tuesday, February 24th. Finally, Wall Street Zen lowered Autohome from a “hold” rating to a “sell” rating in a research note on Saturday, April 25th. Four equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $22.65.
View Our Latest Analysis on Autohome
Autohome Stock Performance
NYSE:ATHM opened at $16.87 on Tuesday. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of 10.29 and a beta of 0.26. Autohome has a 52-week low of $16.65 and a 52-week high of $29.92. The stock has a fifty day moving average of $18.29 and a 200 day moving average of $21.16.
Autohome (NYSE:ATHM – Get Free Report) last posted its quarterly earnings data on Sunday, February 15th. The information services provider reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $208.96 million during the quarter. Autohome had a return on equity of 5.94% and a net margin of 21.43%. Equities analysts forecast that Autohome will post 1.28 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Autohome
A number of large investors have recently added to or reduced their stakes in ATHM. Raymond James Financial Inc. purchased a new stake in Autohome during the second quarter valued at about $29,000. Global Retirement Partners LLC raised its position in Autohome by 205.9% during the fourth quarter. Global Retirement Partners LLC now owns 1,652 shares of the information services provider’s stock valued at $37,000 after purchasing an additional 1,112 shares in the last quarter. Guinness Asset Management LTD raised its position in Autohome by 20.7% during the fourth quarter. Guinness Asset Management LTD now owns 3,271 shares of the information services provider’s stock valued at $76,000 after purchasing an additional 560 shares in the last quarter. Parallel Advisors LLC raised its position in Autohome by 30.5% during the third quarter. Parallel Advisors LLC now owns 2,886 shares of the information services provider’s stock valued at $82,000 after purchasing an additional 674 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its position in Autohome by 141.7% during the third quarter. PNC Financial Services Group Inc. now owns 3,222 shares of the information services provider’s stock valued at $92,000 after purchasing an additional 1,889 shares in the last quarter. Hedge funds and other institutional investors own 63.08% of the company’s stock.
About Autohome
Autohome Inc (NYSE: ATHM) operates one of China’s leading online destinations for automobile consumers, offering a comprehensive suite of digital platforms and services throughout the vehicle ownership lifecycle. Headquartered in Beijing, the company’s core website and mobile applications deliver news, reviews, pricing information, photos, videos and interactive tools to help prospective buyers evaluate new and used vehicles. By aggregating rich editorial content with user-generated ratings and expert analyses, Autohome seeks to guide consumers through research, purchase and after-sales decision-making.
In addition to its consumer-facing properties, Autohome provides automakers, dealers and service providers with integrated digital marketing and e-commerce solutions.