Alert: Positive Investment/Fundamental Signals (5/8/24)-Autohome Inc (NYSE: ATHM)

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Autohome Inc (NYSE: ATHM) has benefited from exceptional positive changes in investment behavior: its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.

Recent significant positive changes in fundamentals have benefitted Autohome Inc (NYSE: ATHM): the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism 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, ATHM is expected to be a modest Value Builder.

Autohome has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Autohome has a neutral Appreciation Score of 59 and a neutral Power Rating of 41, producing the Neutral Value Trend Rating.

Recent Price Action

On 5/8/24, Autohome Inc (NYSE: ATHM) stock enjoyed a very large increase of 5.4%, closing at $28.46. Moreover, trading volume in this advance was above average at 125% of normal. The stock has risen 10.7% during the last week but has been weak relative to the market over the last nine months.

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