Stock Worth Mentioning: Time to Buy Autohome Inc (ADR) After Today’s Significant Increase?

Stock Worth Mentioning: Time to Buy Autohome Inc (ADR) After Today's Significant Increase?

The stock of Autohome Inc (ADR) (NYSE:ATHM) is a huge mover today! About 832,280 shares traded hands or 31.39% up from the average. Autohome Inc (ADR) (NYSE:ATHM) has declined 25.13% since April 13, 2016 and is downtrending. It has underperformed by 29.06% the S&P500.
The move comes after 5 months positive chart setup for the $2.75B company. It was reported on Nov, 15 by Barchart.com. We have $41.07 PT which if reached, will make NYSE:ATHM worth $1.84 billion more.

Autohome Inc (ADR) (NYSE:ATHM) Ratings Coverage

Out of 10 analysts covering Autohome Inc (NYSE:ATHM), 5 rate it a “Buy”, 3 “Sell”, while 2 “Hold”. This means 50% are positive. Autohome Inc has been the topic of 17 analyst reports since August 6, 2015 according to StockzIntelligence Inc. UBS upgraded the shares of ATHM in a report on Wednesday, October 7 to “Buy” rating. On Wednesday, August 31 the stock rating was initiated by JP Morgan with “Neutral”. Credit Agricole downgraded the shares of ATHM in a report on Monday, February 22 to “Underperform” rating. The firm has “Buy” rating by Citigroup given on Thursday, October 29. Credit Agricole downgraded the shares of ATHM in a report on Friday, November 6 to “Outperform” rating. The rating was initiated by HSBC on Wednesday, January 27 with “Buy”. Credit Suisse downgraded Autohome Inc (ADR) (NYSE:ATHM) on Tuesday, June 28 to “Underperform” rating. The firm has “Neutral” rating by JP Morgan given on Tuesday, February 23. The rating was initiated by Brean Capital on Monday, June 6 with “Buy”. On Monday, February 22 the stock rating was reinitiated by CLSA with “Underperform”.

According to Zacks Investment Research, “Autohome Inc. offers an online destination for automobile consumers primarily in the People’s Republic of China. The company through its Websites, autohome.com.cn and che168.com delivers content to automobile buyers and owners. It also offers advertising services; dealer subscription services; used automobile listings services; automobile dealer subscription services as well as operates automotive aftermarket services platform and real-time feedback on the service providers. Autohome Inc. is based in Beijing, China.”

More recent Autohome Inc (ADR) (NYSE:ATHM) news were published by: Marketwatch.com which released: “Virtual Stock Exchange” on December 11, 2013. Also Quotes.Wsj.com published the news titled: “DOW JONES, A NEWS CORP COMPANY” on May 25, 2011. Schaeffersresearch.com‘s news article titled: “Ping An Deal Puts Autohome Inc (ATHM) Bears on Notice” with publication date: April 15, 2016 was also an interesting one.

ATHM Company Profile

Autohome Inc., incorporated on June 23, 2008, is an online destination for automobile clients in China. The Firm is engaged in the provision of online advertising and dealer subscription services in the People’s Republic of China (PRC). The Company, through its Websites, autohome.com.cn and che168.com, and mobile applications, delivers content to automobile buyers and owners. These services are offered to automakers and dealers, and advertising agencies that represent automakers and dealers in the automobile industry.

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