America Movil SA de CV (NYSE: AMX) has recently experienced extremely significant negative changes in fundamentals: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, significant quarterly sales deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted America Movil SA de CV (NYSE: AMX): the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, AMX is expected to continue to be a modest Value Builder.
America Movil SA De CV, Mexico has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. America Movil SA De CV, Mexico has a slightly positive Appreciation Score of 67 and a neutral Power Rating of 46, resulting in the Neutral Value Trend Rating.
Recent Price Action
America Movil SA de CV (NYSE: AMX) stock closed at $19.55 on 5/7/24 after a slight decline of -0.7%. Moreover, exceptionally high trading volume at 215% of normal accompanied the decline. The stock has risen 0.6% during the last week and has performed in line with the market over the last nine months.
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