AMC Entertainment Holdings, Inc. (NYSE:AMC) – Analysts at Barrington Research issued their Q1 2018 earnings estimates for AMC Entertainment Holdings in a note issued to investors on Thursday. Barrington Research analyst J. Goss expects that the company will post earnings of $0.18 per share for the quarter. Barrington Research currently has a “Outperform” rating and a $23.00 price objective on the stock. Barrington Research also issued estimates for AMC Entertainment Holdings’ Q2 2018 earnings at ($0.10) EPS, Q3 2018 earnings at ($0.09) EPS, Q4 2018 earnings at $0.26 EPS, FY2018 earnings at $0.25 EPS and FY2019 earnings at $0.60 EPS.

AMC Entertainment Holdings (NYSE:AMC) last issued its quarterly earnings results on Monday, November 6th. The company reported ($0.33) EPS for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.04). AMC Entertainment Holdings had a negative net margin of 3.87% and a negative return on equity of 6.20%. The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same period in the prior year, the company earned $0.31 EPS. The firm’s quarterly revenue was up 51.2% on a year-over-year basis.

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Other research analysts have also recently issued research reports about the company. B. Riley reaffirmed a “buy” rating and set a $32.50 price target (down previously from $42.50) on shares of AMC Entertainment Holdings in a research report on Monday, July 31st. Zacks Investment Research raised AMC Entertainment Holdings from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. Royal Bank Of Canada dropped their price target on AMC Entertainment Holdings from $30.00 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 8th. ValuEngine cut AMC Entertainment Holdings from a “hold” rating to a “sell” rating in a report on Thursday, August 3rd. Finally, Benchmark Co. cut AMC Entertainment Holdings from a “buy” rating to a “hold” rating in a report on Thursday, August 3rd. Three research analysts have rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $25.78.

Shares of AMC Entertainment Holdings (NYSE AMC) traded down $0.20 during midday trading on Monday, hitting $12.75. The stock had a trading volume of 2,043,500 shares, compared to its average volume of 2,274,972. AMC Entertainment Holdings has a 1 year low of $10.80 and a 1 year high of $35.50. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.53 and a current ratio of 0.53.

Several institutional investors have recently made changes to their positions in the company. Virginia Retirement Systems ET AL increased its position in shares of AMC Entertainment Holdings by 1.9% during the 2nd quarter. Virginia Retirement Systems ET AL now owns 10,700 shares of the company’s stock valued at $243,000 after purchasing an additional 200 shares during the last quarter. Legal & General Group Plc increased its position in shares of AMC Entertainment Holdings by 2.6% during the 2nd quarter. Legal & General Group Plc now owns 13,118 shares of the company’s stock valued at $301,000 after purchasing an additional 337 shares during the last quarter. Ameritas Investment Partners Inc. increased its position in shares of AMC Entertainment Holdings by 8.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,845 shares of the company’s stock valued at $110,000 after purchasing an additional 372 shares during the last quarter. Pacer Advisors Inc. increased its position in shares of AMC Entertainment Holdings by 12.0% during the 2nd quarter. Pacer Advisors Inc. now owns 5,600 shares of the company’s stock valued at $127,000 after purchasing an additional 601 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of AMC Entertainment Holdings by 1.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 445,078 shares of the company’s stock valued at $10,126,000 after purchasing an additional 4,485 shares during the last quarter. Hedge funds and other institutional investors own 48.65% of the company’s stock.

In other AMC Entertainment Holdings news, CEO Adam M. Aron purchased 35,000 shares of the stock in a transaction on Thursday, September 14th. The shares were purchased at an average price of $15.79 per share, with a total value of $552,650.00. Following the acquisition, the chief executive officer now directly owns 125,426 shares in the company, valued at approximately $1,980,476.54. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, major shareholder American Multi-Cinema, Inc. sold 12,000,000 shares of the firm’s stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $6.09, for a total value of $73,080,000.00. The disclosure for this sale can be found here. Company insiders own 0.80% of the company’s stock.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 18th. Shareholders of record on Monday, December 4th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Friday, December 1st. This represents a $0.80 annualized dividend and a dividend yield of 6.27%. AMC Entertainment Holdings’s payout ratio is currently -61.07%.

AMC Entertainment Holdings declared that its Board of Directors has approved a stock repurchase plan on Thursday, August 3rd that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 58% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its shares are undervalued.

AMC Entertainment Holdings Company Profile

AMC Entertainment Holdings, Inc is a holding company. The Company, through its subsidiaries, including AMC Entertainment Inc (AMCE), American Multi-Cinema, Inc (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business. It operates through theatrical exhibition operations segment. It licenses first-run motion pictures from distributors owned by film production companies and from independent distributors.

Earnings History and Estimates for AMC Entertainment Holdings (NYSE:AMC)

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