AMC Entertainment Holdings, Inc. (NYSE:AMC) Receives Consensus Rating of “Reduce” from Analysts

AMC Entertainment Holdings, Inc. (NYSE:AMC) has received an average recommendation of “Reduce” from the seven ratings firms that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $2.32.

A number of equities analysts recently weighed in on AMC shares. Weiss Ratings reissued a “sell (e+)” rating on shares of AMC Entertainment in a report on Wednesday, January 21st. Roth Mkm decreased their price objective on shares of AMC Entertainment from $2.00 to $1.50 and set a “neutral” rating for the company in a report on Wednesday, February 25th. Citigroup lowered their price objective on shares of AMC Entertainment from $1.30 to $1.10 and set a “sell” rating on the stock in a research report on Wednesday, February 25th. Finally, Macquarie Infrastructure dropped their target price on shares of AMC Entertainment from $3.00 to $2.00 and set a “neutral” rating on the stock in a research note on Thursday, January 15th.

Hedge Funds Weigh In On AMC Entertainment

Several institutional investors have recently bought and sold shares of the company. Jones Financial Companies Lllp grew its holdings in AMC Entertainment by 761.8% during the third quarter. Jones Financial Companies Lllp now owns 8,480 shares of the company’s stock valued at $25,000 after purchasing an additional 7,496 shares during the period. Total Investment Management Inc. bought a new stake in shares of AMC Entertainment in the second quarter valued at $27,000. Gradient Capital Advisors LLC purchased a new position in shares of AMC Entertainment during the 3rd quarter valued at $29,000. Triumph Capital Management lifted its position in shares of AMC Entertainment by 139.0% during the 4th quarter. Triumph Capital Management now owns 19,000 shares of the company’s stock valued at $30,000 after buying an additional 11,050 shares during the last quarter. Finally, CFO4Life Group LLC bought a new position in shares of AMC Entertainment during the 2nd quarter worth $33,000. Hedge funds and other institutional investors own 28.80% of the company’s stock.

AMC Entertainment Trading Down 3.6%

Shares of AMC opened at $0.99 on Monday. The stock has a 50 day moving average of $1.31 and a 200 day moving average of $2.02. The company has a market capitalization of $525.84 million, a price-to-earnings ratio of -0.76 and a beta of 1.85. AMC Entertainment has a 12 month low of $0.98 and a 12 month high of $4.08.

AMC Entertainment (NYSE:AMC) last posted its quarterly earnings data on Saturday, January 31st. The company reported ($0.24) earnings per share for the quarter. The business had revenue of $1.29 billion during the quarter. As a group, equities research analysts predict that AMC Entertainment will post -1.38 earnings per share for the current year.

AMC Entertainment Company Profile

AMC Entertainment Holdings, Inc operates as a leading movie exhibition company, specializing in the presentation of theatrical motion pictures across a network of multiplex cinemas. The company’s core business activities encompass ticket sales, concession and refreshment services, and the licensing of premium viewing formats. AMC offers a variety of auditorium experiences, including IMAX®, Dolby Cinema™, and Cinemark’s RealD 3D systems, designed to enhance audience engagement through superior sound, visual clarity, and seating comfort.

Originally founded in 1920 with its first theatre in Kansas City, AMC has evolved into one of the largest theater chains in the world.