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As of close of business last night, AMC Networks Inc’s stock clocked out at $8.99, down -1.21% from its previous closing price of $9.10. In other words, the price has decreased by -$1.21 from its previous closing price. On the day, 0.54 million shares were traded. AMCX stock price reached its highest trading level at $9.13 during the session, while it also had its lowest trading level at $8.9.
Ratios:
To gain a deeper understanding of AMCX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.14. For the most recent quarter (mrq), Quick Ratio is recorded 2.31 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 2.19 whereas as Long-Term Debt/Eq ratio is at 2.15.
On October 06, 2023, Seaport Research Partners started tracking the stock assigning a Buy rating and target price of $16.Seaport Research Partners initiated its Buy rating on October 06, 2023, with a $16 target price.
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 May 23 ’24 when Kelleher Kimberly sold 10,941 shares for $17.22 per share. The transaction valued at 188,404 led to the insider holds 0 shares of the business.
O’Connell Patrick sold 6,459 shares of AMCX for $105,387 on May 21 ’24. The EVP & Chief Financial Officer now owns 0 shares after completing the transaction at $16.32 per share. On May 21 ’24, another insider, Sherin Michael J. III, who serves as the EVP & Chief Accounting Officer of the company, sold 4,948 shares for $16.11 each. As a result, the insider received 79,692 and left with 0 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, AMCX now has a Market Capitalization of 396645984 and an Enterprise Value of 2247731968. As of this moment, AMC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.25, and their Forward P/E ratio for the next fiscal year is 2.47. 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 0.35. Its current Enterprise Value per Revenue stands at 0.899 whereas that against EBITDA is 4.597.
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 $7.08. The 50-Day Moving Average of the stock is 7.94%, while the 200-Day Moving Average is calculated to be -19.55%.
Shares Statistics:
It appears that AMCX traded 1.32M shares on average per day over the past three months and 1276060 shares per day over the past ten days. A total of 32.08M shares are outstanding, with a floating share count of 28.71M. Insiders hold about 34.92% of the company’s shares, while institutions hold 76.85% stake in the company. Shares short for AMCX as of 1730332800 were 7368479 with a Short Ratio of 5.60, compared to 1727654400 on 7515267. Therefore, it implies a Short% of Shares Outstanding of 7368479 and a Short% of Float of 32.919997.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 6.0 analysts currently analyzing and rating the stock of AMC Networks Inc (AMCX).The consensus estimate for the next quarter is $1.12, with high estimates of $1.15 and low estimates of $1.1.
Analysts are recommending an EPS of between $4.79 and $3.98 for the fiscal current year, implying an average EPS of $4.35. EPS for the following year is $3.69, with 7.0 analysts recommending between $4.2 and $2.61.
Revenue Estimates
In the current quarter, 6 analysts expect revenue to total $611.26M. It ranges from a high estimate of $616.95M to a low estimate of $601M. As of the current estimate, AMC Networks Inc’s year-ago sales were $678.85MFor the next quarter, 6 analysts are estimating revenue of $592.92M. There is a high estimate of $607.5M for the next quarter, whereas the lowest estimate is $578.34M.
A total of 8 analysts have provided revenue estimates for AMCX’s current fiscal year. The highest revenue estimate was $2.45B, while the lowest revenue estimate was $2.42B, resulting in an average revenue estimate of $2.44B. In the same quarter a year ago, actual revenue was $2.71BBased on 8 analysts’ estimates, the company’s revenue will be $2.38B in the next fiscal year. The high estimate is $2.48B and the low estimate is $2.3B.
