Recent extremely meaningful negative changes in investment behavior have impacted Autohome Inc (NYSE: ATHM): the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and negative upside/downside volume developed.
Notable negative changes in fundamentals have recently occurred for Autohome Inc (NYSE: ATHM): the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
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, ATHM is expected to be a modest Value Builder.
Autohome 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 contradictory signals. Autohome has a slightly positive Appreciation Score of 67 but a poor Power Rating of 29, triggering the Neutral Value Trend Rating.
Recent Price Action
Autohome Inc (NYSE: ATHM) stock suffered a large decline of -5.3% on 7/19/24. The stock closed at $25.22. Moreover, this decline was accompanied by above average trading volume at 137% of normal. The stock has performed in line with the market over the last nine months and has declined -10.3% during the last week.
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