Autohome Inc. (NYSE:ATHM) finished Friday with a subtraction of -$0.51 to close at $29.70, a downside of -1.69 percent. An average of 418,660 shares of common stock have been traded in the last five days. There was a fall of -$1.21 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 392,635 shares traded, while the 50-day average volume stands at 364,734.
ATHM stock has decreased by -7.10% in the last month. The company shares reached their 1-month lowest point of $28.43 on 07/18/23. With the stock rallying to its 52-week high on 01/20/23, shares of the company touched a low of $23.66 and a high of $38.91 in 52 weeks. It has reached a new high 7 times so far this year and lost -2.94% or -$0.90 in price. In spite of this, the price is down -23.67% from the 52-week high.
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Valuation Metrics
Autohome Inc. (ATHM) has a trailing price-to-earnings (P/E) ratio of 13.46. The stock’s beta is 0.24. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.77, the price-to-book (PB) ratio at 1.07, and the price-to-cash flow ratio at 8.54.
The company’s most recent quarterly dividend payment was $0.58 a share, representing a up of 9.43% from $0.53 last year. Its latest increase dividend $0.05 reported on Thursday February 16 2023.
Financial Health
The quick ratio of Autohome Inc. for the three months ended June 29 was 5.70, and the current ratio was 5.70, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending June 29. Autohome Inc.’s EBITDA margin for the year ending June 29 is 22.59%, while its operating margin for the same period stands at 14.50%. Its gross profit as reported stood at $827.24 million compared to revenue of $1.01 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Autohome Inc.’s return on assets was 6.60%.
Earnings Surprise
For the three-month period that ended June 29, Autohome Inc. had $2.8 billion in cash. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $262.02 million in the quarter, while revenues were shrunk -28.68%. The analyst consensus anticipated Autohome Inc.’s latest quarter earnings to come in at $0.5 per share, but it turned out to be $0.64, a 28.00% surprise. For the quarter, EBITDA amounted to $47.1 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Autohome Inc. (ATHM) price momentum. RSI 9-day as of the close on 11 August was 39.80%, suggesting the stock is Neutral, with historical volatility in this time frame at 21.01%.
As of today, ATHM’s price is $30.41 -3.91% or -$1.21 from its 5-day moving average. ATHM is currently trading -4.93% lower than its 20-day SMA and -1.53% lower than its 100-day SMA. However, the stock’s current price level is +3.77% above the SMA50 and +16.20% above the SMA200.
The stochastic %K and %D were 28.21% and 33.55%, respectively, and the average true range (ATR) was 1.28. With the 14-day stochastic at 14.73% and the average true range at 1.28, the RSI (14) stands at 44.51%. The stock has reached -0.49 on the 9-day MACD Oscillator while the 14-day reading was at -0.84.
Analyst Ratings
JP Morgan launched coverage on Autohome Inc. (NYSE: ATHM) in its analyst report released on January 30, 2023. The firm assigned the stock a Neutral rating. The consensus rating for Autohome Inc. (ATHM) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell ATHM, while 6 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 10 others rate it as a “buy”.
What is ATHM’s price target for the next 12 months?
Analysts predict a range of price targets between $222.08 and $339.96, with a median target of $278.50. Taking a look at these predictions, the average price target given by analysts for Autohome Inc. (ATHM) stock is $281.02.
