Stock Rating Upgrade
In the last week the Value Trend Rating for Autohome Inc (NYSE: ATHM) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Autohome Inc (NYSE: ATHM) stock closed at $27.37 on 6/14/24 after a decline of -3.1%. Moreover, exceptionally high trading volume at 292% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -4.5% during the last week.
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). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Autohome has a good Appreciation Score of 78 but a poor Power Rating of 22, leading to the Neutral Value Trend Rating.
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