As of close of business last night, AMC Entertainment Holdings Inc.’s stock clocked out at $5.03, down -1.76% from its previous closing price of $5.12. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 11984430 shares were traded. AMC stock price reached its highest trading level at $5.14 during the session, while it also had its lowest trading level at $4.98.
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To gain a deeper understanding of AMC’s stock, we examine its different ratios.
Upgrades & Downgrades
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 19 when Antara Capital LP sold 1,000,000 shares for $1.60 per share. The transaction valued at 1,600,000 led to the insider holds 146,202,848 shares of the business.
Antara Capital LP sold 1,000,000 shares of AMC for $1,610,000 on May 18. The 10% Owner now owns 147,202,848 shares after completing the transaction at $1.61 per share. On May 17, another insider, Antara Capital LP, who serves as the 10% Owner of the company, sold 426,868 shares for $1.60 each. As a result, the insider received 682,989 and left with 148,202,848 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMC now has a Market Capitalization of 4.61B and an Enterprise Value of 14.00B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65. Its current Enterprise Value per Revenue stands at 3.43 whereas that against EBITDA is -157.12.
Stock Price History:
Over the past 52 weeks, AMC has reached a high of $16.89, while it has fallen to a 52-week low of $3.77. The 50-Day Moving Average of the stock is 5.03, while the 200-Day Moving Average is calculated to be 6.98.
It appears that AMC traded 29.44M shares on average per day over the past three months and 12.7M shares per day over the past ten days. A total of 519.19M shares are outstanding, with a floating share count of 516.58M. Insiders hold about 0.45% of the company’s shares, while institutions hold 26.80% stake in the company. Shares short for AMC as of Apr 27, 2023 were 134.01M with a Short Ratio of 134.01M, compared to 138.84M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 8.85% and a Short% of Float of 28.87%.
As of right now, 4 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of -$0.03 and a low estimate of -$0.06, while EPS last year was -$0.24. The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.05 and low estimates of -$0.09.
Analysts are recommending an EPS of between -$0.3 and -$0.35 for the fiscal current year, implying an average EPS of -$0.33. EPS for the following year is -$0.17, with 5 analysts recommending between -$0.11 and -$0.25.
In the current quarter, 5 analysts expect revenue to total $1.23B. It ranges from a high estimate of $1.25B to a low estimate of $1.2B. As of the current estimate, AMC Entertainment Holdings Inc.’s year-ago sales were $1.17B, an estimated increase of 5.10% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $1.09B, an increase of 13.50% over than the figure of $5.10% in the same quarter last year. There is a high estimate of $1.17B for the next quarter, whereas the lowest estimate is $1.02B.
A total of 6 analysts have provided revenue estimates for AMC’s current fiscal year. The highest revenue estimate was $4.76B, while the lowest revenue estimate was $4.27B, resulting in an average revenue estimate of $4.5B. In the same quarter a year ago, actual revenue was $3.91B, up 15.00% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $4.9B in the next fiscal year. The high estimate is $5.14B and the low estimate is $4.56B. The average revenue growth estimate for next year is up 8.90% from the average revenue estimate for this year.