Alert: Negative Investment/Fundamental Signals (8/5/24)-America Movil SA de CV (NYSE: AMX)

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Exceptional negative changes in fundamentals have recently occurred for America Movil SA de CV (NYSE: AMX): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

Significant negative changes in investment behavior have recently occurred for America Movil SA de CV (NYSE: AMX): its longer term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of C. 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

With future capital returns forecasted to exceed the cost of capital, AMX is expected to continue to be a modest Value Builder.

America Movil SA De CV, Mexico has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. America Movil SA De CV, Mexico has a good Appreciation Score of 78 but a poor Power Rating of 29, producing the Neutral Value Trend Rating.

Recent Price Action

America Movil SA de CV (NYSE: AMX) stock declined modestly by -1.9% on 8/5/24. The stock closed at $16.10. This decline was accompanied by normal trading volume. The stock has been weak relative to the market over the last nine months and has declined -4.7% during the last week.

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