Autohome Inc. (NYSE: ATHM) stock fell -0.30% on Thursday to $29.70 against a previous-day closing price of $29.79. With 0.52 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 million shares. During the session, the Internet Content & Information company that operates in wider Communication Services sector, reached to the highest price of $29.99 whereas the lowest price it dropped to was $29.38. The 52-week range on ATHM shows that it touched its highest point at $40.89 and its lowest point at $23.66 during that stretch. It currently has a 1-year price target of $39.61. With its current market cap of 4.00 billion, ATHM has annualized dividend of $0.58 while the current yield stands at 1.95%. Beta for the stock currently stands at 0.19.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ATHM was down-trending over the past week, with a drop of -1.79%, but this was up by 3.92% over a month. Three-month performance dropped to -4.59% while six-month performance rose 5.62%. The stock gained 3.85% in the past year, while it has lost -2.94% so far this year. A look at the trailing 12-month EPS for ATHM yields 2.16 with Next year EPS estimates of 2.53. For the next quarter, that number is 0.59. This implies an EPS growth rate of -15.90% for this year and 2.40% for next year. EPS is expected to grow by 3.74% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -3.10%.
Float and Shares Shorts:
At present, 123.33 million ATHM shares are outstanding with a float of 123.22 million shares on hand for trading. On May 14, 2023, short shares totaled 2.22 million, which was 1.81% higher than short shares on Apr 13, 2023. In addition to Mr. Quan Long as the firm’s Chairman & CEO, Mr. Yan Zeng serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 50.77% of ATHM’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 28.38% of ATHM, in contrast to 22.49% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in ATHM with 4.26% of the stake, Mondrian Investment Partners Ltd. holds 5,352,769 shares worth 5,352,769. A second-largest stockholder of ATHM, Invesco Asset Management Ltd., holds 4,782,600 shares, controlling over 3.81% of the firm’s shares. Abrdn Asia Ltd. is the third largest shareholder in ATHM, holding 3,095,313 shares or 2.47% stake. With a 1.78% stake in ATHM, the KraneShares CSI China Internet ET is the largest stakeholder. A total of 2,237,291 shares are owned by the mutual fund manager. The Invesco Far Eastern Invt. Ser. -, which owns about 1.14% of ATHM stock, is the second-largest Mutual Fund holder. It holds 1,436,534 shares valued at 42.59 million. Orbis Global Equity Fund holds 1.00% of the stake in ATHM, owning 1,253,031 shares worth 37.15 million.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2023, ATHM reported revenue of $1.73B and operating income of $301.25M. The EBITDA in the recently reported quarter was $301.25M and diluted EPS was $3.36.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ATHM since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With ATHM analysts setting a high price target of $339.96 and a low target of $221.51, the average target price over the next 12 months is $276.01. Based on these targets, ATHM could surge 1044.65% to reach the target high and rise by 645.82% to reach the target low. Reaching the average price target will result in a growth of 829.33% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
