In last trading session, AMC Networks Inc (NASDAQ:AMCX) saw 0.52 million shares changing hands with its beta currently measuring 1.38. Company’s recent per share price level of $6.38 trading at $0.09 or 1.43% at ring of the bell on the day assigns it a market valuation of $286.63M. That closing price of AMCX’s stock is at a discount of -81.35% from its 52-week high price of $11.57 and is indicating a premium of 15.2% from its 52-week low price of $5.41. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.64 million shares which gives us an average trading volume of 562.33K if we extend that period to 3-months.
For AMC Networks Inc (AMCX), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.62. Splitting up the data highlights that, out of 4 analysts covering the stock, 2 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
AMC Networks Inc (NASDAQ:AMCX) trade information
Upright in the green during last session for gaining 1.43%, in the last five days AMCX remained trading in the green while hitting it’s week-highest on Friday, 06/27/25 when the stock touched $6.38 price level, adding 0.62% to its value on the day. AMC Networks Inc’s shares saw a change of -32.91% in year-to-date performance and have moved 6.33% in past 5-day. AMC Networks Inc (NASDAQ:AMCX) showed a performance of -2.15% in past 30-days. Number of shares sold short was 5.59 million shares which calculate 9.27 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 19 to the stock, which implies a rise of 66.42% to its current value. Analysts have been projecting 9 as a low price target for the stock while placing it at a high target of 34. It follows that stock’s current price would drop -41.07% in reaching the projected high whereas dropping to the targeted low would mean a loss of -41.07% for stock’s current value.
In 2025, company’s earnings growth rate is likely to be around -40.72% while estimates for its earnings growth in next 5 years are of -17.82%.
AMC Networks Inc (NASDAQ:AMCX)’s Major holders
Insiders are in possession of 4.41% of company’s total shares while institution are holding 106.28 percent of that, with stock having share float percentage of 111.19%. Investors also watch the number of corporate investors in a company very closely, which is 106.28% institutions for AMC Networks Inc that are currently holding shares of the company. PACER ADVISORS, INC. is the top institutional holder at AMCX for having 10.2 million shares of worth $98.54 million. And as of 2024-06-30, it was holding 22.9397 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 5.36 million shares on 2024-06-30. The number of shares represents firm’s hold over 12.0645 of outstanding shares, having a total worth of $51.82 million.
