AMC Networks Inc (NASDAQ: AMCX) closed the day trading at $10.02 down -2.24% from the previous closing price of $10.25. On the day, 564093 shares were traded.
Ratios:
For a better understanding of AMCX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.59. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 2.37 whereas as Long-Term Debt/Eq ratio is at 2.27.
On October 06, 2023, Seaport Research Partners started tracking the stock assigning a Buy rating and target price of $16.
Morgan Stanley Downgraded its Equal-Weight to Underweight on June 06, 2023, whereas the target price for the stock was revised from $19 to $12.
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 Dec 22 ’23 when Blank Matthew sold 50,000 shares for $19.09 per share. The transaction valued at 954,500 led to the insider holds 0 shares of the business.
Gallagher James sold 22,000 shares of AMCX for $448,800 on Dec 19 ’23. The EVP and General Counsel now owns 6,867 shares after completing the transaction at $20.40 per share. On Nov 22 ’23, another insider, Kelleher Kimberly, who serves as the Chief Commercial Officer of the company, sold 13,192 shares for $15.28 each. As a result, the insider received 201,574 and left with 0 shares of the company.
Valuation Measures:
As of this moment, AMC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.04, and their Forward P/E ratio for the next fiscal year is 1.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 0.42.
Stock Price History:
Over the past 52 weeks, AMCX has reached a high of $20.97, while it has fallen to a 52-week low of $9.96.
Shares Statistics:
A total of 32.08M shares are outstanding, with a floating share count of 30.38M. Insiders hold about 30.25% of the company’s shares, while institutions hold 65.92% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from 7 analysts. On average, analysts expect EPS of $1.66 for the current quarter, with a high estimate of $2 and a low estimate of $1.14, while EPS last year was $2.62. The consensus estimate for the next quarter is $1.58, with high estimates of $1.93 and low estimates of $1.08.
Analysts are recommending an EPS of between $7.72 and $3.71 for the fiscal current year, implying an average EPS of $5.66. EPS for the following year is $5.24, with 9 analysts recommending between $7.96 and $2.69.
Revenue Estimates
6 analysts predict $602.6M in revenue for the current quarter. It ranges from a high estimate of $608.4M to a low estimate of $598M. As of the current estimate, AMC Networks Inc’s year-ago sales were $717.45M, an estimated decrease of -16.00% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $605.26M, a decrease of -10.80% over than the figure of -$16.00% in the same quarter last year. There is a high estimate of $616.25M for the next quarter, whereas the lowest estimate is $596M.
A total of 9 analysts have provided revenue estimates for AMCX’s current fiscal year. The highest revenue estimate was $2.43B, while the lowest revenue estimate was $2.4B, resulting in an average revenue estimate of $2.42B. In the same quarter a year ago, actual revenue was $2.71B, down -10.90% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $2.38B in the next fiscal year. The high estimate is $2.43B and the low estimate is $2.33B. The average revenue growth estimate for next year is down -1.40% from the average revenue estimate for this year.
