AMC is now undervalued by -38.48% relative to the average 1-year price target of $24.95 taken from a group of Wall Street Analysts. The company’s market cap is $1.94 Billion, and the average volume is 3.13 Million. On July 21, 2017 William Blair started covering the stock with an initial rating of “Equal-Weight”. The company has its outstanding shares of 123.95M. Following the transaction, the chief executive officer now owns 125,426 shares of the company’s stock, valued at $1,980,476.54. BlackRock Inc. lifted its position in shares of AMC Entertainment Holdings by 46,484.0% in the 1st quarter.
Analysts have given a mean recommendation of 2.30 on this stock (A rating of less than 2 means buy, “hold” within the 3 range, “sell” within the 4 range, and “strong sell” within the 5 range). Amc Entertainment Holdings Inc (NYSE:AMC)’s distance from 20 day simple moving average is 0.0854. Amc Entertainment Holdings Inc (NYSE:AMC) has a Return on Assets (ROA) of -1.3. The Average Directional Index or ADX is a technical analysis indicator used to describe if a market is trending or not trending. There has been an observed change of -96.01% in the ownership of the shares in the past six months.
Several research analysts recently issued reports on AMC shares. Zacks Investment Research raised shares of AMC Entertainment Holdings from a “sell” rating to a “hold” rating in a research report on Monday, June 26th.
Institutions own 116.06% of AMC Entertainment Holdings, Inc. Hot Stocks Point (HSP) makes sure to keep the information up to date and correct, but we didn’t suggest or recommend buying or selling of any financial instrument, unless that information is subsequently confirmed on your own. The stock now has an average rating of “Hold” and a consensus target price of $28.23.
ILLEGAL ACTIVITY WARNING: This piece of content was originally reported by Week Herald and is the property of of Week Herald. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & global trademark and copyright law. Relative strength index (RSI-14) for Amc Entertainment Holdings Inc (NYSE:AMC) is at 50.3. The total value of its holdings decreased 6.2%. The purchase was disclosed in a legal filing with the SEC, which is available at this link. The stock was sold at an average price of $6.09, for a total transaction of $73,080,000.00. The disclosure for this sale can be found here. As always, the values may need to be adjusted based on the specific stock and market. The stock touched 52-week High of $35.65 on 11/17/16 and 52-week Low of $12.05 on 08/18/17. (AMC) opened at 15.80 on Friday.
Taking a peek at some Moving Averages, the 200-day is at 26.25, and the 50-day is 16.23.
From another technical standpoint, AMC Entertainment Holdings, Inc.
An earnings forecast is an analyst’s outlook for a company’s future quarterly or annual earnings.
Total debt to equity ratio of Amc Entertainment Holdings Inc (NYSE:AMC) for most recent quarter is 1.99 whereas long term debt to equity ratio for most recent quarter is 1.96. AMC Entertainment Holdings’s revenue for the quarter was up 57.3% compared to the same quarter past year. In contrast to the year ago quarter EPS was at 0.43. Janus Capital Management LLC grew its position by buying 8,318 shares an increase of 0.3% from 12/31/2016 to 03/31/2017. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued. Stockholders of record on Monday, September 11th will be paid a dividend of $0.20 per share. The ex-dividend date is Friday, September 8th. The dividend will be $0.200 per share for the quarter or $0.80 annualized. Russell Investments Group Ltd. lifted its position in shares of AMC Entertainment Holdings by 897.0% during the first quarter. Wells Fargo & Company MN lifted its position in shares of AMC Entertainment Holdings by 70.4% during the first quarter. The Company, through its subsidiaries, including AMC Entertainment Inc (AMCE), American Multi-Cinema, Inc (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business. The Company operates through theatrical exhibition operations segment.