Alert: Positive Investment/Fundamental Signals (9/3/24)-China Yuchai International Ltd (NYSE: CYD)

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China Yuchai International Ltd (NYSE: CYD) has benefited from notable positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, and the consensus estimate for December, 2025 increased significantly.

China Yuchai International Ltd (NYSE: CYD) has benefited from notable positive changes in investment behavior: positive upside/downside volume developed.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, CYD is expected to continue to be Value Creation neutral.

China Yuchai has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. China Yuchai has a good Power Rating of 75 and a very high Appreciation Score of 91, triggering the Highest Value Trend Rating.

Recent Price Action

On 9/3/24, China Yuchai International Ltd (NYSE: CYD) stock increased 1.8%, closing at $11.20. NORMAL trading volume accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 7.0% during the last week.

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