Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for America Movil SA de CV (NYSE: AMX) weakened recently. AMX’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 10/18/24, America Movil SA de CV (NYSE: AMX) stock rose modestly by 0.9%, closing at $17.13. However, trading volume in this advance was below average at 76% of normal. Relative to the market the stock has been weak over the last nine months but has risen 6.5% during the last week.
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 (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. America Movil SA De CV, Mexico has a good Appreciation Score of 76 but a neutral Power Rating of 48, producing the High Neutral Value Trend Rating.
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