During the recent session, AMC Entertainment Holdings Inc (NYSE:AMC)’s traded shares were 1.4 million, with the beta value of the company hitting 1.65. At the last check today, the stock’s price was $3.04, reflecting an intraday gain of 0.83% or $0.03. The 52-week high for the AMC share is $11.88, that puts it down -290.79 from that peak though still a striking 21.71% gain since the share price plummeted to a 52-week low of $2.38. The company’s market capitalization is $1.31B, and the average trade volume was 12.04 million shares over the past three months.
AMC Entertainment Holdings Inc (AMC) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.29. AMC has a Sell rating from 3 analyst(s) out of 7 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.41.
AMC Entertainment Holdings Inc (NYSE:AMC) trade information
AMC Entertainment Holdings Inc (AMC) registered a 0.83% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.83% in intraday trading to $3.04, hitting a weekly high. The stock’s 5-day price performance is -8.03%, and it has moved by -3.04% in 30 days. Based on these gigs, the overall price performance for the year is -32.56%.
The consensus price target of analysts on Wall Street is $3.23, which implies an increase of 5.88% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.2 and $3.25 respectively. As a result, AMC is trading at a discount of -6.91% off the target high and -5.26% off the low.
AMC Entertainment Holdings Inc (AMC) estimates and forecasts
In the rating firms’ projections, revenue will increase 8.39% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 983.23M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 1.24B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 951.4M and 1.03B respectively. In this case, analysts expect current quarter sales to grow by 3.35% and then jump by 20.71% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 39.13%. While earnings are projected to return 48.30% in 2025, the next five years will return 74.28% per annum.
AMC Dividends
AMC Entertainment Holdings Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
AMC Entertainment Holdings Inc (NYSE:AMC)’s Major holders
The next largest institutional holding, with 20.81 million shares, is of BLACKROCK INC.’s that is approximately 6.4705% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $103.62 million.
Also, the Mutual Funds coming in first place with the largest holdings of AMC Entertainment Holdings Inc (AMC) shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 11.57 shares. This amounts to just over 2.68 percent of the company’s overall shares, with a $35.3 million market value. The same data shows that the other fund manager holds slightly less at 9.57, or about 2.22% of the stock, which is worth about $29.18 million.
