AMC Entertainment Holdings Inc (NYSE:AMC) has earned an average recommendation of “Hold” from the twelve brokerages that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $20.86.

Several equities research analysts have weighed in on the stock. Zacks Investment Research cut shares of AMC Entertainment from a “hold” rating to a “sell” rating in a research report on Monday, January 21st. Bank of America cut shares of AMC Entertainment from a “neutral” rating to an “underperform” rating in a research report on Friday. B. Riley cut shares of AMC Entertainment from a “buy” rating to a “neutral” rating and dropped their price target for the company from $29.00 to $17.00 in a research report on Tuesday, January 22nd. Wedbush raised shares of AMC Entertainment to a “buy” rating and set a $25.00 price target for the company in a research report on Friday, November 9th. Finally, ValuEngine cut shares of AMC Entertainment from a “buy” rating to a “hold” rating in a research report on Saturday, November 10th.

Shares of AMC Entertainment stock traded up $0.18 during trading on Tuesday, reaching $14.19. The company’s stock had a trading volume of 620,690 shares, compared to its average volume of 1,030,905. AMC Entertainment has a 52-week low of $11.66 and a 52-week high of $21.45. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of -15.94, a price-to-earnings-growth ratio of 3.67 and a beta of 0.78. The company has a debt-to-equity ratio of 4.27, a quick ratio of 0.59 and a current ratio of 0.59.

AMC Entertainment (NYSE:AMC) last announced its quarterly earnings data on Thursday, November 8th. The company reported ($0.82) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.49) by ($0.33). The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.22 billion. AMC Entertainment had a negative net margin of 6.17% and a negative return on equity of 0.63%. AMC Entertainment’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same period last year, the company posted ($0.33) EPS. On average, equities research analysts forecast that AMC Entertainment will post -0.25 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently modified their holdings of AMC. Renaissance Technologies LLC bought a new position in AMC Entertainment in the 3rd quarter worth $21,446,000. Vanguard Group Inc raised its holdings in AMC Entertainment by 22.6% in the 3rd quarter. Vanguard Group Inc now owns 5,470,821 shares of the company’s stock worth $112,153,000 after purchasing an additional 1,007,161 shares in the last quarter. Vanguard Group Inc. raised its holdings in AMC Entertainment by 22.6% in the 3rd quarter. Vanguard Group Inc. now owns 5,470,821 shares of the company’s stock worth $112,153,000 after purchasing an additional 1,007,161 shares in the last quarter. Deutsche Bank AG increased its stake in shares of AMC Entertainment by 1,040.9% in the 3rd quarter. Deutsche Bank AG now owns 1,087,822 shares of the company’s stock worth $22,298,000 after acquiring an additional 992,476 shares in the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in shares of AMC Entertainment in the 3rd quarter worth about $14,740,000. Institutional investors and hedge funds own 38.20% of the company’s stock.

AMC Entertainment Company Profile

AMC Entertainment Holdings, Inc, through its subsidiaries, operates in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of December 31, 2017, it owned, operated, or had interests in 649 theatres with a total of 8,224 screens in the United States; and 365 theatres and 2,945 screens internationally.

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Analyst Recommendations for AMC Entertainment (NYSE:AMC)

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