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Autohome NYSE: ATHM is an interesting play on China's EV market that comes without OEM risk. The OEMs are selling cars, but profitability is elusive, and competition is fierce, factors that will continue to influence their price action for the foreseeable future.
24/7 Wall St. Insights Dividend stocks could be poised to trade higher as interest rates fall.
Marketbeat.com tracked numerous buyback announcements in September, and the month is still ongoing. Buybacks are a sign of corporate strength and help build shareholder value, but not all buybacks are equal.
Autohome offers a potential shareholder yield at the low-teens percentage level, taking into consideration its new repurchase program and its dividend guidance. Regulatory tailwinds relating to higher vehicle upgrade subsidies in Mainland China could have a positive impact on ATHM's future financial performance. My existing Buy rating for ATHM is unchanged, as I have a favorable view of Autohome's capital return prospects and the positive policy developments for China's automotive market.
Investors need to pay close attention to Aris Water Solution (ARIS) stock based on the movements in the options market lately.
Autohome Inc. (NYSE:ATHM ) Q2 2024 Earnings Conference Call July 31, 2024 8:00 AM ET Company Participants Sterling Song – Director-Investor Relations Tao Wu – Chief Executive Officer Craig Yan Zeng – Chief Financial Officer Conference Call Participants Thomas Chong – Jefferies Brian Gong – Citi Ritchie Sun – HSBC Xiaodan Zhang – CICC Operator Ladies and gentlemen, thank you for standing by for Autohome's Second Quarter and Interim 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
BEIJING , July 31, 2024 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced its unaudited financial results for the three months and six months ended June 30, 2024. Second Quarter 2024 Highlights [1] Net revenues in the second quarter of 2024 were RMB1,872.6 million (US$257.7 million), compared to RMB1,833.0 million in the corresponding period of 2023.
BEIJING , July 18, 2024 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced that it will report its financial results for the second quarter and six months ended June 30, 2024, before U.S. markets open on July 31, 2024. Autohome's management team will host an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, July 31, 2024 (8:00 PM Beijing Time on the same day).
BEIJING , June 21, 2024 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced that the following proposed resolution submitted for shareholder approval has been adopted as an ordinary resolution at its 2023 annual general meeting of shareholders held in Beijing today: Each of Mr. Quan Long, Mr.
BEIJING , May 21, 2024 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced that the Company's board of directors (the "Board") has approved a cash dividend of US$0.5700 per ADS (or US$0.1425 per ordinary share) payable in U.S. dollars (the "Dividend") to holders of ADSs and ordinary shares of record as of the close of business on July 10, 2024, New York Time and Beijing/Hong Kong Time, respectively. The aggregate amount of the Dividend will be approximately RMB0.5 billion.