Silicon Motion (SIMO) Investors: Loop Capital Markets Maintains “Buy” Rating, Sees $61.0000/Share, Autohome (ADR) (ATHM) Had 5 Bulls

June 7, 2017 - By Maria Brooks

Among 10 analysts covering Autohome Inc (NYSE:ATHM), 5 have Buy rating, 3 Sell and 2 Hold. Therefore 50% are positive. Autohome Inc had 18 analyst reports since August 6, 2015 according to SRatingsIntel. The company was initiated on Monday, June 6 by Brean Capital. The firm has “Underperform” rating by CLSA given on Monday, February 22. The rating was downgraded by Credit Agricole on Friday, November 6 to “Outperform”. The stock has “Buy” rating by Citigroup on Thursday, October 29. The stock has “Underperform” rating by Credit Suisse on Tuesday, June 28. The company was initiated on Wednesday, January 27 by HSBC. The rating was initiated by JP Morgan with “Neutral” on Wednesday, August 31. UBS upgraded the stock to “Buy” rating in Wednesday, October 7 report. Credit Agricole downgraded the stock to “Underperform” rating in Monday, February 22 report. JP Morgan initiated the shares of ATHM in report on Tuesday, February 23 with “Neutral” rating. See Autohome Inc (ADR) (NYSE:ATHM) latest ratings:

24/05/2017 Broker: each representing one class A ordinary share. Rating: Clsa

Among 12 analysts covering Silicon Motion (NASDAQ:SIMO), 9 have Buy rating, 1 Sell and 2 Hold. Therefore 75% are positive. Silicon Motion has $60 highest and $19 lowest target. $43.80’s average target is -17.82% below currents $53.3 stock price. Silicon Motion had 17 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, January 20 by Nomura. As per Friday, January 29, the company rating was maintained by Topeka Capital Markets. Ladenburg Thalmann downgraded Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) on Wednesday, April 6 to “Neutral” rating. The firm has “Positive” rating given on Tuesday, September 8 by Susquehanna. The firm earned “Buy” rating on Friday, July 8 by Needham. The firm has “Buy” rating given on Thursday, January 14 by Standpoint Research. The stock has “Buy” rating by Brean Capital on Wednesday, March 23. Topeka Capital Markets maintained the stock with “Buy” rating in Tuesday, July 28 report. Standpoint Research upgraded the stock to “Buy” rating in Tuesday, March 7 report. Brean Capital maintained it with “Buy” rating and $38 target in Wednesday, July 29 report.

The stock decreased 1.50% or $0.81 during the last trading session, reaching $53.3. About shares traded. Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) has risen 21.46% since June 7, 2016 and is uptrending. It has outperformed by 4.76% the S&P500.

Silicon Motion Technology Corporation is a fabless semiconductor company. The company has market cap of $1.89 billion. The Firm designs, develops and markets low-power semiconductor solutions to original equipment manufacturers and other clients in the mobile storage and mobile communications markets. It has a 17 P/E ratio. It is engaged in developing negative-AND (NAND) flash controller integrated circuits (ICs) for solid-state storage devices and specialty radio frequency (RF) ICs for mobile devices.

Analysts await Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) to report earnings on July, 20. They expect $0.80 EPS, down 5.88% or $0.05 from last year’s $0.85 per share. SIMO’s profit will be $28.37 million for 16.66 P/E if the $0.80 EPS becomes a reality. After $0.66 actual EPS reported by Silicon Motion Technology Corp. (ADR) for the previous quarter, Wall Street now forecasts 21.21% EPS growth.

Autohome Inc. is an online destination for automobile clients in China. The company has market cap of $4.93 billion. The Firm is engaged in the provision of online advertising and dealer subscription services in the People’s Republic of China . It has a 25.37 P/E ratio. The Company, through its Websites, autohome.com.cn and che168.com, and mobile applications, delivers content to automobile buyers and owners.