In the latest session, AMC Entertainment Holdings Inc (NYSE: AMC) closed at $2.65 down -5.36% from its previous closing price of $2.80. On the day, 16510990 shares were traded.
Ratios:
For a deeper understanding of AMC Entertainment Holdings Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 0.15.
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 $2.73.
Shares Statistics:
A total of 263.61M shares are outstanding, with a floating share count of 262.71M. Insiders hold about 0.34% of the company’s shares, while institutions hold 28.70% stake in the company.
Earnings Estimates
There are Advanced Micro Devices, Inc. different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $2.65, with high estimates of $56.75 and low estimates of $179.20.
Analysts are recommending an EPS of between $Basic Materials and $Real Estate for the fiscal current year, implying an average EPS of $Communication Services.
