AMC Entertainment Holdings Inc (NYSE:AMC) has a beta value of 1.65 and has seen 0.96 million shares traded in the recent trading session. The company, currently valued at $1.29B, closed the recent trade at $2.99 per share which meant it gained $0.02 on the day or 0.67% during that session. The AMC stock price is -297.32% off its 52-week high price of $11.88 and 20.4% above the 52-week low of $2.38. If we look at the company’s 10-day average daily trading volume, we find that it stood at 8.8 million shares traded. The 3-month trading volume is 11.58 million shares.
The consensus among analysts is that AMC Entertainment Holdings Inc (AMC) is Hold stock at the moment, with a recommendation rating of 3.29. 3 analysts rate the stock as a Sell, while 1 rate it as Overweight. 3 out of 7 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.41.
AMC Entertainment Holdings Inc (NYSE:AMC) trade information
Sporting 0.67% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the AMC stock price touched $2.99 or saw a rise of 3.55%. Year-to-date, AMC Entertainment Holdings Inc shares have moved -24.88%, while the 5-day performance has seen it change -1.97%. Over the past 30 days, the shares of AMC Entertainment Holdings Inc (NYSE:AMC) have changed -5.68%. Short interest in the company has seen 37.92 million shares shorted with days to cover at 3.81.
Wall Street analysts have a consensus price target for the stock at $3.23, which means that the shares’ value could jump 7.43% from the levels at last check today. The projected low price target is $3.2 while the price target rests at a high of $3.25. In that case, then, we find that the latest price level in today’s session is -8.7% off the targeted high while a plunge would see the stock gain -7.02% from the levels at last check today.
AMC Entertainment Holdings Inc (AMC) estimates and forecasts
The company’s shares have lost -40.32% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 8.39%.
6 analysts offering their estimates for the company have set an average revenue estimate of 983.23M for the current quarter. 6 have an estimated revenue figure of 1.24B for the next ending quarter. Year-ago sales stood 951.4M and 1.03B respectively for this quarter and the next, and analysts expect sales will grow by 3.35% for the current quarter and 8.39% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 39.13% over the past 5 years. Earnings growth for 2025 is a modest 48.30% while over the next 5 years, the company’s earnings are expected to increase by 74.28%.
AMC Dividends
AMC Entertainment Holdings Inc is expected to release its next earnings report on 2025-Feb-24 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
AMC Entertainment Holdings Inc (NYSE:AMC)’s Major holders
Insiders own 0.48% of the company shares, while shares held by institutions stand at 34.77% with a share float percentage of 34.94%. Investors are also buoyed by the number of investors in a company, with AMC Entertainment Holdings Inc having a total of 318.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 30.51 million shares worth more than $151.96 million. As of 2024-06-30, VANGUARD GROUP INC held 9.489% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 20.81 million shares as of 2024-06-30. The firm’s total holdings are worth over $103.62 million and represent 6.4705% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. As of Dec 31, 2024, the former fund manager holds about 2.61% shares in the company for having 11.26 shares of worth $33.57 million while later fund manager owns 9.57 shares of worth $28.51 million as of Dec 31, 2024, which makes it owner of about 2.22% of company’s outstanding stock.
