Is Autohome Incorporated (NYSE:ATHM) a Buy? The Stock Reported Less Sellers

December 7, 2017 - By Winifred Garcia

 Is Autohome Incorporated (NYSE:ATHM) a Buy? The Stock Reported Less Sellers

The stock of Autohome Incorporated (NYSE:ATHM) registered a decrease of 5.77% in short interest. ATHM’s total short interest was 3.96M shares in December as published by FINRA. Its down 5.77% from 4.20 million shares, reported previously. With 807,600 shares average volume, it will take short sellers 5 days to cover their ATHM’s short positions.

The stock increased 2.09% or $1.215 during the last trading session, reaching $59.225. About 320,290 shares traded. Autohome Inc. (NYSE:ATHM) has risen 72.98% since December 7, 2016 and is uptrending. It has outperformed by 56.28% the S&P500.

Autohome Inc. operates as an online destination for automobile clients in the PeopleÂ’s Republic of China. The company has market cap of $6.86 billion. The company, through its Websites, autohome.com.cn and che168.com, delivers comprehensive, independent, and interactive content to automobile buyers and owners, including firm generated content, include automobile-related articles and reviews, pricing trends in various local markets, and photos and video clips; automobile library, which includes a range of specifications covering performance levels, dimensions, powertrains, vehicle bodies, interiors, safety, entertainment systems, and other unique features, as well as manufacturersÂ’ suggested retail prices; new and used automobile listings, and promotional information; and user forums and user generated content. It has a 27.94 P/E ratio. Autohome Inc. also offers advertising services for automakers and dealers; dealer subscription services that allow dealers to market their inventory and services through its Websites; and used automobile listings services, which allow used automobile dealers and individuals to market their automobiles for sale on its Websites.

Autohome Inc. (NYSE:ATHM) Ratings Coverage

Among 12 analysts covering Autohome Inc (NYSE:ATHM), 8 have Buy rating, 2 Sell and 2 Hold. Therefore 67% are positive. Autohome Inc had 24 analyst reports since August 6, 2015 according to SRatingsIntel. On Wednesday, October 7 the stock rating was upgraded by UBS to “Buy”. The stock of Autohome Inc. (NYSE:ATHM) has “Buy” rating given on Thursday, August 10 by Benchmark. CLSA upgraded Autohome Inc. (NYSE:ATHM) on Tuesday, November 14 to “Buy” rating. Benchmark maintained the shares of ATHM in report on Wednesday, November 8 with “Buy” rating. The stock of Autohome Inc. (NYSE:ATHM) has “Buy” rating given on Thursday, October 29 by Citigroup. HSBC initiated the shares of ATHM in report on Wednesday, January 27 with “Buy” rating. CLSA reinitiated the shares of ATHM in report on Monday, February 22 with “Underperform” rating. On Tuesday, February 23 the stock rating was initiated by JP Morgan with “Neutral”. Credit Suisse downgraded Autohome Inc. (NYSE:ATHM) on Tuesday, June 28 to “Underperform” rating. The rating was initiated by Brean Capital with “Buy” on Monday, June 6.

Another recent and important Autohome Inc. (NYSE:ATHM) news was published by Marketwatch.com which published an article titled: “Autohome Inc. ADR” on December 11, 2013.

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