In the latest trading session,, 3.11 million AMC Entertainment Holdings Inc (NYSE:AMC) shares changed hands as the company’s beta touched 1.44. With the company’s most recent per share price at $2.87 changed hands at -$0.08 or -2.88% at last look, the market valuation stands at $1.24B. AMC’s current price is a discount, trading about -107.67% off its 52-week high of $5.96. The share price had its 52-week low at $2.45, which suggests the last value was 14.63% up since then.
Analysts gave the AMC Entertainment Holdings Inc (AMC) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.29. If we narrow down to specifics, the data shows that 3 out of 7 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 3 recommended AMC as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. AMC Entertainment Holdings Inc’s EPS for the current quarter is expected to be -0.1.
AMC Entertainment Holdings Inc (NYSE:AMC) trade information
Instantly AMC was in red as seen in intraday trades today. With action 4.95%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -28.02%, with the 5-day performance at 4.95% in the green. However, in the 30-day time frame, AMC Entertainment Holdings Inc (NYSE:AMC) is 3.06% up.
The consensus price target for the stock as assigned by Wall Street analysts is 3.25, meaning bulls need an upside of 11.69% from its recent market value. According to analyst projections, AMC’s forecast low is 3.25 with 3.25 as the target high. To hit the forecast high, the stock’s price needs a -13.24% plunge from its current level, while the stock would need to soar -13.24% for it to hit the projected low.
AMC Entertainment Holdings Inc (AMC) estimates and forecasts
Year-over-year growth is forecast to reach 6.90% up from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 1.27B. 7 analysts are of the opinion that AMC Entertainment Holdings Inc’s revenue for the current quarter will be 1.4B. The company’s revenue for the corresponding quarters a year ago was 1.03B and 1.35B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 22.77%. The estimates for the next quarter sales put growth at 3.68%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 39.13%. The 2025 estimates are for AMC Entertainment Holdings Inc earnings to increase by 47.58%, but the outlook for the next 5-year period is at 52.71% per year.
AMC Dividends
AMC Entertainment Holdings Inc is expected to release its next quarterly earnings report in June.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.4705% or 20.81 million shares worth $103.62 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 11.26 shares estimated at $32.38 million under it, the former controlled 2.60% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.45% of the shares, roughly 10.6 shares worth around $30.47 million.
