Alert: Negative Investment/Fundamental Signals (9/12/24)-Atlanticus Holdings Corp (NASDAQ: ATLC)

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Atlanticus Holdings Corp (NASDAQ: ATLC). Extremely significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, its longer term price trend turned down, and negative upside/downside volume developed.

Recent significant negative changes in fundamentals have affected Atlanticus Holdings Corp (NASDAQ: ATLC): significant quarterly sales deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, ATLC is expected to continue to be an important Value Builder.

Atlanticus Holdings has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Atlanticus Holdings has a very high Appreciation Score of 93 but a slightly negative Power Rating of 32, triggering the Positive Value Trend Rating.

Recent Price Action

On 9/12/24, Atlanticus Holdings Corp (NASDAQ: ATLC) stock was unchanged 0.0%, closing at $30.78. NORMAL trading volume accompanied the flat performance. Relative to the market the stock has been weak over the last nine months and has declined -7.0% during the last week.

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