For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, AMC Entertainment Holdings Inc’s stock clocked out at $3.30, up 5.43% from its previous closing price of $3.13. In other words, the price has increased by $5.43 from its previous closing price. On the day, 35.36 million shares were traded. AMC stock price reached its highest trading level at $3.39 during the session, while it also had its lowest trading level at $3.12.
Ratios:
To gain a deeper understanding of AMC’s stock, we examine 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:
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 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:
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 912080384 and an Enterprise Value of 9126817792. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19. Its current Enterprise Value per Revenue stands at 1.896 whereas that against EBITDA is 22.937.
Stock Price History:
The Beta on a monthly basis for AMC is 1.65, which has changed by -0.9469491 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, AMC has reached a high of $54.97, while it has fallen to a 52-week low of $2.38. The 50-Day Moving Average of the stock is -11.20%, while the 200-Day Moving Average is calculated to be -68.78%.
Shares Statistics:
It appears that AMC traded 15.89M shares on average per day over the past three months and 17865630 shares per day over the past ten days. A total of 276.39M shares are outstanding, with a floating share count of 275.45M. Insiders hold about 0.34% of the company’s shares, while institutions hold 27.42% stake in the company. Shares short for AMC as of 1713139200 were 50685424 with a Short Ratio of 3.19, compared to 1710460800 on 36329391. Therefore, it implies a Short% of Shares Outstanding of 50685424 and a Short% of Float of 18.4.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 6.02.
Earnings Estimates
The market rating of AMC Entertainment Holdings Inc (AMC) is currently shaped by the ongoing analysis conducted by 6.0 analysts closely monitoring its performance.On average, analysts expect EPS of -$0.79 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 -$0.26, with high estimates of -$0.16 and low estimates of -$0.39.
Analysts are recommending an EPS of between -$0.93 and -$2.1 for the fiscal current year, implying an average EPS of -$1.55. EPS for the following year is -$0.8, with 5.0 analysts recommending between -$0.41 and -$1.34.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $871M. It ranges from a high estimate of $951.4M to a low estimate of $745.69M. As of the current estimate, AMC Entertainment Holdings Inc’s year-ago sales were $954.4MFor the next quarter, 7 analysts are estimating revenue of $1.19B. There is a high estimate of $1.27B for the next quarter, whereas the lowest estimate is $1.13B.
A total of 7 analysts have provided revenue estimates for AMC’s current fiscal year. The highest revenue estimate was $4.83B, while the lowest revenue estimate was $4.41B, resulting in an average revenue estimate of $4.56B. In the same quarter a year ago, actual revenue was $4.81BBased on 6 analysts’ estimates, the company’s revenue will be $5.1B in the next fiscal year. The high estimate is $5.4B and the low estimate is $4.8B.
