Back to top

Image: Bigstock

Is Autohome (ATHM) Outperforming Other Computer and Technology Stocks This Year?

Read MoreHide Full Article

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Autohome (ATHM - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.

Autohome is one of 641 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. ATHM is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for ATHM's full-year earnings has moved 4.77% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the most recent data, ATHM has returned 36.42% so far this year. In comparison, Computer and Technology companies have returned an average of 21.38%. This means that Autohome is performing better than its sector in terms of year-to-date returns.

Looking more specifically, ATHM belongs to the Internet - Services industry, a group that includes 50 individual stocks and currently sits at #154 in the Zacks Industry Rank. This group has gained an average of 21.37% so far this year, so ATHM is performing better in this area.

ATHM will likely be looking to continue its solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to the company.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Autohome Inc. (ATHM) - free report >>

Published in