American Funds The Income Fund of America Class A
American Funds The Income Fund of America Class A (AMECX) Stock Overview
Explore American Funds The Income Fund of America Class A’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
131.1B
P/E Ratio
8.31
EPS (TTM)
$1.38
ROE
0.09%
AMECX Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of American Funds The Income Fund of America Class A (AMECX) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B+, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
The current technical analysis reveals key indicators including an RSI of 68.39, suggesting the stock is in a neutral condition. Our forecasting models predict significant price movements, with a 12-month target of $27.76.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 8.31 and a market capitalization of 131.1B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Technical Indicators
Company Profile
The investment seeks to provide investors with current income while secondarily striving for capital growth. Normally the fund invests primarily in income-producing securities. These include equity securities, such as dividend-paying common stocks, and debt securities, such as interest-paying bonds. Generally at least 60% of the fund's assets will be invested in common stocks and other equity-type securities. The fund may also invest up to 30% of its assets in equity securities of issuers domiciled outside the United States, including issuers in developing countries.
The Income Fund of America, Inc., DE
1986