Autohome Inc (NYSE: ATHM) has recently enjoyed extremely meaningful positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and its shorter term price trend turned up.
Autohome Inc (NYSE: ATHM) has recently enjoyed small positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
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 B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Autohome has a good Appreciation Score of 80 but a neutral Power Rating of 45, with the Positive Value Trend Rating the result.
Recent Price Action
Autohome Inc (NYSE: ATHM) stock rose modestly by 0.6% on 9/11/24. The stock closed at $27.33. However, this advance was accompanied by unusually low trading volume at 54% of normal. The stock has performed in line with the market over the last nine months and has risen 10.3% during the last week.
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