Brean Capital Initiates Coverage on Autohome Inc (ADR) to Buy

Brean Capital Initiates Coverage on Autohome Inc (ADR)(NYSE:ATHM). The shares have been rated Buy. The rating by Brean Capital was issued on Jun 6, 2016.

In a different note, On Apr 17, 2016, Goldman Sachs said it Terminates its rating on Autohome Inc (ADR). In the research note, the firm Removes the price-target to $31.00 per share. On Apr 17, 2016, Credit Suisse said it Upgrades its rating on Autohome Inc (ADR). In the research note, the firm Raises the price-target to $20.00 per share. The shares have been rated ‘Neutral’ by the firm.

Autohome Inc (ADR) (ATHM) shares turned negative on Fridays trading session with the shares closing down -1.93 points or -7.16% at a volume of 4,27,235. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $26.5. The peak price level was also seen at $26.5 while the days lowest was $24.93. Finally the shares closed at $25.03. The 52-week high of the shares is $52 while the 52-week low is $21.53. According to the latest information available, the market cap of the company is $2,830 M.

Autohome Inc (ADR)(ATHM) last announced its earnings results on Jun 1, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $169.58M. Analysts had an estimated revenue of $1.05B. Earnings per share were $0.39. Analysts had estimated an EPS of $1.66.

Autohome Inc. is an online destination for automobile consumers in China. The Company provides online advertising and dealer subscription services through its Websites and mobile applications. These services are offered to automakers and dealers and advertising agencies. Its Websites include and Its logo (Autohome) brand is the searched automotive-related keyword on the Chinese language Internet search engine. The content it provides to its users includes professionally produced content serves consumers throughout the automobile ownership life cycle; user generated content is the online community of automotive consumers in China; automobile library is the online automobile library in China with vehicle model configurations and photos and automobile listing information features up-to-date listings of both new and used automobiles on its Websites. The Company provides its advertisers with a range of advertising solutions and tools.

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