|Over a week ago|
Autohome CEO Min Lu retires, Quan Long succeeds » 05:0901/1201/12/21
Autohome announced that…
Autohome announced that Quan Long has been appointed as the successor to Min Lu to serve as a director and the chairman of the board of directors of the company, the chairman of the nominating and corporate governance committee and the compensation committee of the board, and the CEO of the company, effective immediately. Lu retired from his roles in the company. Before joining Autohome, Long has held a series of leadership roles within Ping An Insurance since he first joined as a salesman in 1998, including as the assistant general manager, vice general manager and general manager of several provincial-level branches of Ping An Property & Casualty Insurance. He has been serving as vice general manager of Ping An Property & Casualty Insurance since December 2018.
Latest Georgia polling favors Republicans, says JPMorgan » 09:3212/2212/22/20
HUM, CNC, UNH, ATHM, CI, MOH
The latest Real Clear…
The latest Real Clear Politics polling averages increasingly favor the Republican Senate candidates in Georgia, JPMorgan analyst Gary Taylor tells investors in a research note. Betting markets currently give Republicans 76% odds, versus 68% last week, of winning at least one of the two seats, the analyst adds. Taylor sees the January 5 vote as a "miniature new clearing event" for Managed Care sector valuations, sentiment and performance. Humana (HUM) shares and the sector broadly would likely benefit most from a Republican win, while Centene (CNC) shares would likely benefit most from a Democratic sweep, says Taylor.
|Over a month ago|
Autohome price target raised to $95 from $90 at Macquarie » 06:1212/0112/01/20
Macquarie analyst Frank…
Macquarie analyst Frank Chen raised the firm's price target on Autohome to $95 from $90 and keeps a Neutral rating on the shares following the company's Q3 results. The Q4 guidance came in below expectations and less than the underlying auto industry growth, Chen tells investors in a research note. The revised price target reflects currency, says Chen, who sees limited upside from Autohome's new floating pricing models.
Autohome falls -8.8% » 09:4711/3011/30/20
Autohome is down -8.8%,…
Autohome is down -8.8%, or -$9.33 to $96.56.
Fly Intel: Pre-market Movers » 08:5811/3011/30/20
INFO, NKLA, CDEV, NVAX, ATHM, GLNG, NJR, GLW, VNTR, MRNA, GM
Check out this morning's…
Autohome sees Q4 revenue $364.5M-$365.9M, consensus $379.99M » 05:1411/3011/30/20
This forecast reflects…
This forecast reflects the company's current and preliminary view on the market and its operating conditions, which are subject to change, particularly in view of the potential ongoing impact of the worldwide COVID-19 pandemic.
Autohome reports Q3 EPS 1.04, consensus $1.01 » 05:1311/3011/30/20
Reports Q3 revenue…
Reports Q3 revenue $341.05M, consensus $344.42M. Min Lu, chairman of the board and CEO of Autohome, stated, "We're pleased to report a great quarter with revenues exceeding the high-end of our guidance by approximately RMB35.6 million. During the quarter, we made significant progress in enriching our end-to-end SaaS platform through unfolding new dealer data products. We are very encouraged by the achievements we have been making in enhancing our content offerings and are highly motivated to explore new space for future growth. As we move ahead, Autohome will remain committed to developing innovative solutions and investing in strategic areas in order to strengthen our competitiveness in the industry."
Fly Intel: Top five analyst upgrades » 10:0411/2511/25/20
FFIV, ZS, ATHM, A, ANGO
Catch up on today's…
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. F5 Networks (FFIV) upgraded to Neutral from Underperform at BofA with analyst Tal Liani saying he is positive on the company becoming an application services entity "levered to multi-cloud environments and modern applications." 2. Zscaler (ZS) upgraded to Outperform from Neutral at Credit Suisse with analyst Brad Zelnick saying he sees COVID-19 "acting as a more durable catalyst for cloud security adoption." 3. Autohome (ATHM) upgraded to Buy from Neutral at Mizuho with analyst Ben Huang saying new car sales in China have been picking up since Q2 and retail/wholesale volume growth was back to positive in Q3. 4. Agilent (A) upgraded to Buy from Neutral at UBS with analyst Dan Brennan noting that the company's Q4 results were "solid" and believes that "numerous" 2021 tailwinds should drive its accelerating growth ahead of expectations. 5. AngioDynamics (ANGO) double upgraded to Strong Buy from Market Perform at Raymond James with analyst Jayson Bedford saying AngioDynamics offers the "most compelling" risk/reward in his small cap medical technology coverage. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
Autohome upgraded to Buy from Neutral at Mizuho » 06:4111/2511/25/20
Mizuho analyst Ben Huang…
Mizuho analyst Ben Huang upgraded Autohome to Buy from Neutral with a price target of $117.60, up from $83.10. New car sales in China have been picking up since Q2 and retail/wholesale volume growth was back to positive in Q3, Huang tells investors in a research note. The analyst sees better business momentum for Autohome and believes stronger macro data points will support consumer demand. Automakers and auto dealers will be more proactive in their sales and marketing activities, which should be beneficial to Autohome as the leading auto media platform in China, says Huang.
Autohome announces $168M investment in TTP Car » 06:1010/2710/27/20
Autohome announced that…
Autohome announced that it has entered into a definitive agreement with TTP Car, an auction platform for used cars in China. Pursuant to the agreement, Autohome will make an investment in TTP through subscription of preferred shares in the capital of TTP for an aggregate purchase price of $168M, which is subject to customary closing conditions. In addition, Autohome has the right to purchase up to $200M in total principal amount of one or more convertible bonds to be issued by TTP upon Autohome's request.