Back to top

Image: Bigstock

Is Autohome (ATHM) Stock Outpacing Its Computer and Technology Peers This Year?

Read MoreHide Full Article

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. 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 a member of our Computer and Technology group, which includes 637 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

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 10.32% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the most recent data, ATHM has returned 17.58% so far this year. At the same time, Computer and Technology stocks have gained an average of 16.92%. This means that Autohome is performing better than its sector in terms of year-to-date returns.

To break things down more, ATHM belongs to the Internet - Services industry, a group that includes 50 individual companies and currently sits at #100 in the Zacks Industry Rank. Stocks in this group have gained about 16.66% so far this year, so ATHM is performing better this group in terms of year-to-date returns.

Investors with an interest in Computer and Technology stocks should continue to track ATHM. The stock will be looking to continue its solid performance.


See More Zacks Research for These Tickers


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


Autohome Inc. (ATHM) - free report >>

Published in