Autohome Inc. (ATHM - Free Report) closed at $115.49 in the latest trading session, marking a -0.11% move from the prior day. This change lagged the S&P 500's daily gain of 0.1%. At the same time, the Dow added 0.15%, and the tech-heavy Nasdaq lost 0.66%.
Heading into today, shares of the company had gained 11.17% over the past month, outpacing the Computer and Technology sector's gain of 6.31% and the S&P 500's gain of 3.95% in that time.
ATHM will be looking to display strength as it nears its next earnings release. In that report, analysts expect ATHM to post earnings of $0.80 per share. This would mark year-over-year growth of 14.29%. Our most recent consensus estimate is calling for quarterly revenue of $236.78 million, up 15.31% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $4.32 per share and revenue of $1.30 billion, which would represent changes of +15.2% and +20.22%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for ATHM. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. ATHM is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that ATHM has a Forward P/E ratio of 26.76 right now. This represents a discount compared to its industry's average Forward P/E of 34.88.
It is also worth noting that ATHM currently has a PEG ratio of 0.91. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Services industry currently had an average PEG ratio of 3.7 as of yesterday's close.
The Internet - Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 184, putting it in the bottom 28% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.