That’s why I Feel Comfortable With Autohome Inc ADR’s (ATHM) Future

Autohome Inc ADR [ATHM] stock is trading at $26.49, down -1.67%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ATHM shares have gain 2.99% over the last week, with a monthly amount glided 2.87%, and seem to be holding up well over a long-time horizon.

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On 27, March 2024, Autohome Inc. Issues 2023 ESG Report. In a post published today on Yahoo Finance, Autohome Inc. (NYSE: ATHM; HKEX: 2518) (“Autohome” or the “Company”), the leading online destination for automobile consumers in China, today issued its 2023 Environmental, Social and Governance (“ESG”) report.

From an analyst’s perspective:

Previously, BofA Securities upgraded its rating to Neutral on August 04, 2022, and elevated its price target to $42. On July 26, 2022, upgrade upgraded it’s rating to Outperform and revised its price target to $42.50 on the stock. Daiwa Securities started tracking the stock assigning a Buy rating. Citigroup upgraded its rating to a Buy but $30 remained the price target by the analyst firm on April 28, 2022. The Benchmark Company upgraded its rating to Buy for this stock on February 28, 2022, but kept the price target unchanged to $44. In a note dated December 02, 2021, UBS initiated an Neutral rating and provided a target price of $38 on this stock.

Autohome Inc ADR [ATHM] stock has fluctuated between $23.81 and $34.10 over the past year. Currently, Wall Street analysts expect the stock to reach $70 within the next 12 months. Autohome Inc ADR [NYSE: ATHM] shares were valued at $26.49 at the most recent close of the market. An investor can expect a potential return of 164.25% based on the average ATHM price forecast.

Analyzing the ATHM fundamentals

Autohome Inc ADR [NYSE:ATHM] reported sales of 1.01B for the trailing twelve months, which represents a drop of -0.61%. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.28%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.08 and Total Capital is 0.04.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.24 points at the first support level, and at 25.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.79, and for the 2nd resistance point, it is at 27.09.

Autohome Inc ADR [ATHM] reported earnings per share of $0.58 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.55/share, meaning a difference of $0.03 and a surprise factor of 5.50%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.69 per share as compared to estimates of $0.61 per share, a difference of $0.08 representing a surprise of 13.10%.

Ratios To Look Out For

For context, Autohome Inc ADR’s Current Ratio is 5.03. Also, the Quick Ratio is 6.31, while the Cash Ratio stands at 0.98. Considering the valuation of this stock, the price to sales ratio is 3.22, the price to book ratio is 0.97 and price to earnings (TTM) ratio is 12.28.

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