In today’s recent session, 1.65 million shares of the AMC Entertainment Holdings Inc (NYSE:AMC) have been traded, and its beta is 1.65. Most recently the company’s share price was $3.08, and it changed around $0.0 or -0.05% from the last close, which brings the market valuation of the company to $1.33B. AMC at last check was trading at a discount to its 52-week high of $11.88, offering almost -285.71% off that amount. The share price’s 52-week low was $2.38, which indicates that the recent value has risen by an impressive 22.73% since then.
AMC Entertainment Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 1 out of 7 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 6 recommended AMC as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. AMC Entertainment Holdings Inc is expected to report earnings per share of -0.41 for the current quarter.
AMC Entertainment Holdings Inc (NYSE:AMC) trade information
Instantly AMC has been showing red trend so far today with a performance of -0.05% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.39 on recent trading dayincreased the stock’s daily price by 9.14%. The company’s shares are currently down -22.65% year-to-date, but still down -5.56% over the last five days. On the other hand, AMC Entertainment Holdings Inc (NYSE:AMC) is -0.05% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $3.23, which translates to bulls needing to increase their stock price by 4.64% from its current value. Analyst projections state that AMC is forecast to be at a low of $3.2 and a high of $3.25.
AMC Entertainment Holdings Inc (AMC) estimates and forecasts
The year-over-year growth rate is expected to be 8.05%, up from the previous year.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 977.37M in revenue for the current quarter. 5 analysts expect AMC Entertainment Holdings Inc to make 1.25B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 951.4M and 1.03B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 2.73%. Forecasts for the next quarter put sales growth at 21.62%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 39.13%. AMC Entertainment Holdings Inc earnings are expected to increase by 49.80% in 2025, but the outlook is positive 60.29% per year for the next five years.
AMC Entertainment Holdings Inc (NYSE:AMC)’s Major holders
BLACKROCK INC., with 6.4705% or 20.81 million shares worth $103.62 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Sep 30, 2024. The former held 11.57 shares worth $35.44 million, making up 2.68% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 9.4 shares worth around $28.78 million, which represents about 2.18% of the total shares outstanding.
