Why Autohome Inc. (NYSE:ATHM) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $28.59 on Autohome Inc. (NYSE:ATHM) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.71 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Autohome Inc. (NYSE:ATHM) stands at 17.27.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Autohome Inc. American Deposita, the PEG ratio for coming 3-5 years is -89.89.

Technical Analysis

The technical analysis highlights that Autohome Inc. American Deposita current is trading $1.60 points away or +6.87% from its 50-day moving average of $23.28. Further it is trading $-0.55 or -2.16% away its 200-day moving average of $25.43.

The 52-week high of Autohome Inc. (NYSE:ATHM) was $37.73 while lowest point recorded in 52-week was $19.32. It implies if stock price makes a movement of over $-12.85, it will record a new 52-week high. In the case of +28.78% drop, it will touch a new 52-week low.

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