Alert: Positive Investment/Fundamental Signals (6/5/24)-Autohome Inc (NYSE: ATHM)

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Recent extremely meaningful positive changes in investment behavior have benefitted Autohome Inc (NYSE: ATHM): the stock rose on very heavy volume, and the stock’s recent price rise disrupted its longer term downtrend.

Recent meaningful positive changes in fundamentals have benefitted Autohome Inc (NYSE: ATHM): the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would 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 exceed the cost of capital, ATHM is expected to be a modest Value Builder.

Autohome has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Autohome has a neutral Appreciation Score of 57 and a neutral Power Rating of 42, with the Neutral Value Trend Rating the result.

Recent Price Action

Autohome Inc (NYSE: ATHM) stock enjoyed a large increase of 3.9% on 6/5/24. The stock closed at $28.83. Moreover, exceptionally high trading volume at 212% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 5.4% during the last week.

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