In the last trading session, 66.28 million shares of the AMC Entertainment Holdings Inc (NYSE:AMC) were traded, and its beta was 1.49. Most recently the company’s share price was $4.01, and it changed around $0.77 or 23.77% from the last close, which brings the market valuation of the company to $1.74B. AMC currently trades at a discount to its 52-week high of $5.96, offering almost -48.63% off that amount. The share price’s 52-week low was $2.45, which indicates that the current value has risen by an impressive 38.9% since then. We note from AMC Entertainment Holdings Inc’s average daily trading volume that its 10-day average is 17.44 million shares, with the 3-month average coming to 8.86 million.
AMC Entertainment Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.29. 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 -0.1 for the current quarter.
AMC Entertainment Holdings Inc (NYSE:AMC) trade information
Instantly AMC has showed a green trend with a performance of 23.77% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.08 on recent trading dayincreased the stock’s daily price by 1.72%. The company’s shares are currently up 0.75% year-to-date, but still up 38.28% over the last five days. On the other hand, AMC Entertainment Holdings Inc (NYSE:AMC) is 47.97% up in the 30-day period. We can see from the shorts that 62.49 million shares have been sold at a short interest cover period of 7.59 day(s).
The consensus price target as assigned by Wall Street analysts is $3.25, which translates to bulls needing to decrease their stock price by -23.38% from its current value. Analyst projections state that AMC is forecast to be at a low of $3.25 and a high of $3.25.
AMC Entertainment Holdings Inc (AMC) estimates and forecasts
The year-over-year growth rate is expected to be 6.90%, up from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 1.27B in revenue for the current quarter. 7 analysts expect AMC Entertainment Holdings Inc to make 1.4B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.03B and 1.35B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 22.77%. Forecasts for the next quarter put sales growth at 3.68%.
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 47.58% in 2025, but the outlook is positive 52.71% per year for the next five years.
AMC Dividends
AMC Entertainment Holdings Inc’s next quarterly earnings report is expected to be released on 2025-May-06. The average dividend yield for the past five years averaged 6.02 per year.
AMC Entertainment Holdings Inc (NYSE:AMC)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.51% of AMC Entertainment Holdings Inc shares, and 34.31% of them are in the hands of institutional investors. The stock currently has a share float of 34.49%. AMC Entertainment Holdings Inc stock is held by 318.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.489% of the shares, which is about 30.51 million shares worth $151.96 million.
MORGAN STANLEY, with 8.1428% or 8.3 million shares worth $41.33 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 11.26 shares worth $45.17 million, making up 2.60% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 10.6 shares worth around $42.5 million, which represents about 2.45% of the total shares outstanding.
