The AMC Entertainment Holdings, Inc. (NYSE:AMC) is going up by 0.97% in today’s trading session, a rise equivalent to 0.11% of the stock’s price from yesterday’s market close. A news came out on 09/17/19 stating that Corrections & Amplifications by WSJ. The lowest point that the shares touched during the trading session was $10.74, while the peak of the day was recorded at a share price of $11.23. AMC finished the previous session at $10.77 according to the data provided by Barchart, while the trading volume was observed to be $1,424,970.
In the 100 days of trading, AMC managed to top a 11.43% Moving average. Additionally, AMC Entertainment Holdings, Inc. shares have achieved a 52-week range between 8.73 and 20.70 alongside 100 days raw stochastic set at 43.65%.
The number of shares outstanding, according to the fundamentals of the company, is set at 101.59M, equal to the value of $1.09B in market capitalization. In the last 30 days, AMC Entertainment Holdings, Inc. shares went down by -10.07%, adding 12.13 to growth in value, on top of a +2.81% boost since 08/20/19.
AMC Entertainment Holdings, Inc. (NYSE:AMC) Analyst’s Estimates
AMC Entertainment Holdings, Inc. (AMC) could record at least -$0.34 per share in quarterly earnings in the upcoming report on 11/04/2019, a number that would actually represent an increase of 77.50% YOY.
According to the average analyst rating, AMC Entertainment Holdings, Inc. would be rated as Overweight. Out of 13 different analysts monitoring AMC stock, 8 analysts rate the stock as a BUY, 5 suggest to give the rating of HOLD, 0 indicate that AMC is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On Aug-09-19, the stock earned a Reiterated rating due to a new analyst call from B. Riley FBR, while analysts from Credit Suisse believe that the stock is set at Outperform, as concluded on Jul-19-19. B. Riley FBR, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on Apr-08-19.
B. Riley FBR, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Jan-22-19, giving the stock a Neutral from the Buy rating.
AMC Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +23.62% has been attained, while the operating margin has been recorded at +5.83%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 1.14%. Beta value of the stock is recorded at 0.90. Additionally, AMC Entertainment Holdings, Inc. is recording price volatility of 3.83% for the period of the last seven days and 3.78% in the last 30 days.
AMC Entertainment Holdings, Inc. (NYSE:AMC) Technical Outlook
For the period of the last 50 days, AMC Entertainment Holdings, Inc. had its Raw Stochastic average set at 53.88% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 19.61%. Stochastic %K for AMC Entertainment Holdings, Inc., with the last 20 days included, was set at 22.33%, having Stochastic %D topping 39.17%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for AMC Entertainment Holdings, Inc. stocks with recording -12.30% in metrics.
AMC Entertainment Holdings, Inc. Insider Watch:
Similarly, 107.62% of the company’s float is held by institutions – and there are 241 institutions in total holding shares of this company. The top three institutional holders of AMC stocks are: Janus Henderson Group PLC with ownership of $52.63 million, which is approximately 5,640,650 of the company’s shares; Vanguard Group, Inc. (The), holding 5,115,689 shares of the stock with an approximate value of $47.73 million; and Blackrock Inc., currently with more than 3,538,498 shares of the company valued at $33.01 million. Positions in AMC Entertainment Holdings, Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 2 insider purchases amounting to 6,761 shares.