Thursday, 20 September, 2018

Amc Entertainment Holdings Inc (AMC) Where Moving Ahead?

Stacy Diaz | 09 November, 2017, 19:28

AMC Entertainment Holdings, Inc. most recently reported earnings per share (EPS) of -$1.35 for the June 2017 versus $0.24 in the same quarter past year, representing -663% growth. The company reported ($0.33) EPS for the quarter, missing the consensus estimate of ($0.29) by ($0.04). The market capitalization of the company is at $1.74 Billion.

AMC Entertainment Holdings (NYSE:AMC) last issued its earnings results on Monday, November 6th. The business's quarterly revenue was up 51.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.31 earnings per share. Year to Date (YTD) performance of AMC Entertainment Holdings, Inc.

TRADEMARK VIOLATION NOTICE: This article was posted by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this piece on another publication, it was illegally copied and reposted in violation of US & global trademark & copyright law. AMC Entertainment had 56 analyst reports since July 22, 2015 according to SRatingsIntel.

Among 4 analysts covering Stewart Info (NYSE:STC), 0 have Buy rating, 1 Sell and 3 Hold. Amc Entertainment Holdings Inc (NYSE:AMC) has trailing twelve month Return on Assets of -1.3%, which is key indicator of how profitable a company is relative to its total assets. Loop Capital initiated it with "Buy" rating and $35 target in Wednesday, August 24 report. William Blair started coverage on AMC Entertainment Holdings in a research report on Friday, July 21st.

Checking out some other company technical data, we have noted that Amc Entertainment Holdings Inc (AMC) now has a 9 day raw stochastic value of 14.86%. Four equity analysts rating the company a strong buy, nine equity analysts rating the company a buy, three equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $33.14.

AMC is now undervalued by -45.16% relative to the average 1-year price target of $22.43 taken from a group of Wall Street Analysts. The volume of AMC witnessed a shift from 6.39 million shares, based on a 50-day average, to 3.17 million shares. Currently, 1.91 billion total shares are owned by the public and among those 1.91 billion shares have been available to trade. Investors of record on Monday, December 5th will be paid a $0.20 dividend. Great West Life Assurance Can stated it has 0% of its portfolio in AMC Entertainment Holdings Inc (NYSE:AMC). The ex-dividend date is Friday, December 1st. AMC Entertainment has $43.21 highest and $10 lowest target.

AMC Entertainment Holdings declared that its board has approved a share buyback plan on Thursday, August 3rd that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to reacquire up to 58% of its stock through open market purchases. The company was upgraded on Tuesday, January 26 by RBC Capital Markets. Its down 2.41% from 20.58M shares previously. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Adam M. Aron acquired 35,000 shares of the stock in a transaction on Thursday, September 14th. Following the acquisition, the chief executive officer now directly owns 125,426 shares of the company's stock, valued at approximately $1,980,476.54. The disclosure for this purchase can be found here. Federated Investors Inc. PA now owns 463,400 shares of the company's stock worth $10,542,000 after buying an additional 339,100 shares during the period. Company insiders own 0.80% of the company's stock.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. The stock declined 4.27% or $0.53 reaching $11.77 per share.

Losing $42.7 million for the quarter was a sharp sting for investors who saw $30.4 million in revenue this time past year, leading shares to plummet 7% on Monday on back of the print's release. Alliancebernstein L.P. now owns 75,348 shares of the company's stock valued at $2,370,000 after buying an additional 32,223 shares in the last quarter. Teachers Advisors LLC lifted its stake in shares of AMC Entertainment Holdings by 81.6% in the 1st quarter. Barclays PLC set a $16.00 price objective on shares of AMC Entertainment Holdings and gave the company a "hold" rating in a research report on Tuesday, August 29th.

About 659,791 shares traded.

Having a peek at growth estimates of the company, Amc Entertainment Holdings Inc (NYSE:AMC) has current quarter growth estimates of -216.1% however it has 57.6% estimations over growth for the next quarter.