
AMC Entertainment Holdings, Inc. (NYSE:AMC – Free Report) – Roth Capital cut their FY2026 earnings estimates for shares of AMC Entertainment in a report released on Wednesday, November 12th. Roth Capital analyst E. Handler now expects that the company will earn ($0.73) per share for the year, down from their prior estimate of ($0.40). The consensus estimate for AMC Entertainment’s current full-year earnings is ($1.38) per share.
Several other equities analysts have also issued reports on the company. Zacks Research lowered AMC Entertainment from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 7th. Wall Street Zen cut shares of AMC Entertainment from a “hold” rating to a “strong sell” rating in a report on Saturday, November 8th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of AMC Entertainment in a research note on Wednesday, October 8th. Finally, Citigroup dropped their price target on shares of AMC Entertainment from $2.70 to $2.30 and set a “sell” rating for the company in a research report on Thursday. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $3.26.
AMC Entertainment Trading Down 2.8%
AMC opened at $2.28 on Friday. AMC Entertainment has a 12 month low of $2.25 and a 12 month high of $5.56. The business’s 50-day moving average price is $2.76 and its 200-day moving average price is $2.94. The company has a market cap of $1.17 billion, a P/E ratio of -2.56 and a beta of 1.05.
AMC Entertainment (NYSE:AMC – Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.03). The business had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period in the previous year, the company earned ($0.04) earnings per share. The firm’s revenue was down 3.6% compared to the same quarter last year.
Institutional Trading of AMC Entertainment
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Principal Financial Group Inc. increased its position in AMC Entertainment by 39.0% during the 1st quarter. Principal Financial Group Inc. now owns 26,787 shares of the company’s stock valued at $77,000 after purchasing an additional 7,519 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of AMC Entertainment by 12.9% during the 1st quarter. Bank of New York Mellon Corp now owns 1,069,693 shares of the company’s stock valued at $3,070,000 after purchasing an additional 121,905 shares in the last quarter. Xponance Inc. boosted its stake in shares of AMC Entertainment by 21.8% during the 1st quarter. Xponance Inc. now owns 30,383 shares of the company’s stock valued at $87,000 after purchasing an additional 5,446 shares in the last quarter. Wealthfront Advisers LLC increased its position in shares of AMC Entertainment by 15.0% during the first quarter. Wealthfront Advisers LLC now owns 75,392 shares of the company’s stock valued at $216,000 after buying an additional 9,843 shares during the period. Finally, Victory Capital Management Inc. raised its stake in AMC Entertainment by 10.1% in the first quarter. Victory Capital Management Inc. now owns 51,805 shares of the company’s stock worth $149,000 after buying an additional 4,756 shares in the last quarter. Hedge funds and other institutional investors own 28.80% of the company’s stock.
About AMC Entertainment
AMC Entertainment Holdings, Inc, through its subsidiaries, engages in the theatrical exhibition business. It owns, operates, or has interests in theatres in the United States and Europe. The company was founded in 1920 and is headquartered in Leawood, Kansas.
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