After finishing at $4.44 in the prior trading day, AMC Entertainment Holdings Inc (NYSE: AMC) closed at $4.39, down -1.13%. In other words, the price has decreased by -$0.0500 from its previous closing price. On the day, 8523832 shares were traded.
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Ratios:
Our goal is to gain a better understanding of AMC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 0.74.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on February 29, 2024, Reiterated its Neutral rating but revised its target price to $8 from $12 previously.
On September 26, 2023, Citigroup reiterated its Sell rating and also upped its target price recommendation from $15.50 to $4.75.
Wedbush Upgraded its Underperform to Neutral on August 24, 2023, while the target price for the stock was maintained at $19.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 28 ’23 when Antara Capital LP sold 7,993,400 shares for $1.73 per share. The transaction valued at 13,815,317 led to the insider holds 93,911,906 shares of the business.
Antara Capital LP sold 3,573,030 shares of AMC for $6,395,362 on Jun 27 ’23. The 10% Owner now owns 101,905,306 shares after completing the transaction at $1.79 per share. On Jun 26 ’23, another insider, Antara Capital LP, who serves as the 10% Owner of the company, sold 2,371,887 shares for $1.79 each. As a result, the insider received 4,245,678 and left with 105,478,336 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24. Its current Enterprise Value per Revenue stands at 1.96 whereas that against EBITDA is 24.58.
Stock Price History:
Over the past 52 weeks, AMC has reached a high of $54.97, while it has fallen to a 52-week low of $3.59. The 50-Day Moving Average of the stock is 4.4340, while the 200-Day Moving Average is calculated to be 17.8564.
Shares Statistics:
The stock has traded on average 15.10M shares per day over the past 3-months and 12.75M shares per day over the last 10 days, according to various share statistics. A total of 263.28M shares are outstanding, with a floating share count of 262.38M. Insiders hold about 0.34% of the company’s shares, while institutions hold 28.82% stake in the company. Shares short for AMC as of Feb 29, 2024 were 31.75M with a Short Ratio of 2.10, compared to 28.62M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 12.06% and a Short% of Float of 12.09%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 6.02.
Earnings Estimates
Its stock is currently analyzed by 6 different market analysts. On average, analysts expect EPS of -$0.82 for the current quarter, with a high estimate of -$0.62 and a low estimate of -$0.95, while EPS last year was -$1.71. The consensus estimate for the next quarter is -$0.27, with high estimates of -$0.16 and low estimates of -$0.39.
Analysts are recommending an EPS of between -$1.18 and -$2.17 for the fiscal current year, implying an average EPS of -$1.6. EPS for the following year is -$0.81, with 5 analysts recommending between -$0.35 and -$1.44.
Revenue Estimates
7 analysts predict $839.6M in revenue for the current quarter. It ranges from a high estimate of $930.43M to a low estimate of $745.69M. As of the current estimate, AMC Entertainment Holdings Inc’s year-ago sales were $954.4M, an estimated decrease of -12.00% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $1.18B, a decrease of -12.80% less than the figure of -$12.00% in the same quarter last year. There is a high estimate of $1.27B for the next quarter, whereas the lowest estimate is $1.07B.
A total of 7 analysts have provided revenue estimates for AMC’s current fiscal year. The highest revenue estimate was $4.62B, while the lowest revenue estimate was $4.35B, resulting in an average revenue estimate of $4.49B. In the same quarter a year ago, actual revenue was $4.81B, down -6.60% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $5.12B in the next fiscal year. The high estimate is $5.4B and the low estimate is $4.74B. The average revenue growth estimate for next year is up 13.90% from the average revenue estimate for this year.
