Alert: Negative Investment/Fundamental Signals (4/17/24)-Autohome Inc (NYSE: ATHM)

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Autohome Inc (NYSE: ATHM) has recently experienced extremely important negative changes in investment behavior: negative upside/downside volume developed, and its shorter term price trend turned down.

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 D. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

ATHM is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Autohome has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Autohome has a neutral Appreciation Score of 53 but a poor Power Rating of 22, resulting in the Negative Value Trend Rating.

Recent Price Action

On 4/17/24, Autohome Inc (NYSE: ATHM) stock rose slightly by 0.08%, closing at $24.27. This advance was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months and has declined -10.8% during the last week.

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