Alert: Negative Fundamental Signals (8/28/24)-America Movil SA de CV (NYSE: AMX)

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Recent exceptional negative changes in fundamentals have affected 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.

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 79 but a poor Power Rating of 28, leading to the Neutral Value Trend Rating.

Recent Price Action

America Movil SA de CV (NYSE: AMX) stock closed at $16.66 on 8/28/24 after a slight decline of -0.7%. Moreover, above average trading volume at 133% of normal accompanied the decline. The stock has declined -3.1% during the last week and has been weak relative to the market over the last nine months.

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