In the latest trading session,, 11.06 million AMC Entertainment Holdings Inc (NYSE:AMC) shares changed hands as the company’s beta touched 1.47. With the company’s most recent per share price at $2.89 changed hands at -$0.21 or -6.85% at last look, the market valuation stands at $1.25B. AMC’s current price is a discount, trading about -99.31% off its 52-week high of $5.76. The share price had its 52-week low at $2.45, which suggests the last value was 15.22% up since then. When we look at AMC Entertainment Holdings Inc’s average trading volume, we note the 10-day average is 6.51 million shares, with the 3-month average coming to 10.10 million.
Analysts gave the AMC Entertainment Holdings Inc (AMC) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.25. 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 (NYSE:AMC) trade information
Instantly AMC was in red as seen in intraday trades today. With action -3.75%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -39.59%, with the 5-day performance at -3.75% in the red. However, in the 30-day time frame, AMC Entertainment Holdings Inc (NYSE:AMC) is -18.89% down. Looking at the short shares, we see there were 62.65 million shares sold at short interest cover period of 4.44 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3.25, meaning bulls need an upside of 11.08% 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 -12.46% plunge from its current level, while the stock would need to soar -12.46% for it to hit the projected low.
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 50.47%, but the outlook for the next 5-year period is at 52.96% per year.
AMC Dividends
AMC Entertainment Holdings Inc is expected to release its next quarterly earnings report on 2025-May-07. During the past 5 years, the average dividend yield was 6.02 per year.
AMC Entertainment Holdings Inc (NYSE:AMC)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.51% of AMC Entertainment Holdings Inc shares while 34.30% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 34.48%. There are 34.30% institutions holding the AMC Entertainment Holdings Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.489% of the shares, roughly 30.51 million AMC shares worth $151.96 million.
MORGAN STANLEY holds the second largest percentage of outstanding shares, with 8.1428% or 8.3 million shares worth $41.33 million as of 2024-06-30.
