The AMC Entertainment Holdings Inc. (NYSE:AMC) is going down by -3.46% in today’s trading session, a fall equivalent to -0.3% of the stock’s price from yesterday’s market close. A news came out on 11/18/19 stating that Give the Gift of Movies at AMC Theatres(R) This Holiday Season With an AMC Stubs A-list Membership by WSJ. The lowest point that the shares touched during the trading session was $8.22, while the peak of the day was recorded at a share price of $8.71. AMC finished the previous session at $8.67 according to the data provided by Barchart, while the trading volume was observed to be $1034731.
In the 100 days of trading, AMC managed to top a 10.28% Moving average. Additionally, AMC Entertainment Holdings Inc. shares have achieved a 52-week range between 7.47 and 17.07 alongside 100 days raw stochastic set at 18.33%.
The number of shares outstanding, according to the fundamentals of the company, is set at 107.03M, equal to the value of $927.95M in market capitalization. In the last 30 days, AMC Entertainment Holdings Inc. shares went down by -18.94%, adding 10.35 to growth in value, on top of a +12.32% boost since 11/01/19.
AMC Entertainment Holdings Inc. (NYSE:AMC) Analyst’s Estimates
AMC Entertainment Holdings Inc. (AMC) could record at least $0.37 per share in quarterly earnings in the upcoming report on 02/18/2020, a number that would actually represent a decrease of -0.51 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 November 07, 2019, the stock earned a Downgrade rating due to a new analyst call from CFRA, while analysts from Imperial Capital believe that the stock is set at Outperform, as concluded on October 07, 2019. B. Riley FBR, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on August 09, 2019.
Regardless of the rating, Credit Suisse did increase their price to $18 as they are considering target share price analysis. B. Riley FBR, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on April 08, 2019, giving the stock a Buy from the Neutral 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 0.77. Additionally, AMC Entertainment Holdings Inc. is recording price volatility of 5.87% for the period of the last seven days and 5.73% 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 25.10% 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 31.94%. Stochastic %K for AMC Entertainment Holdings Inc., with the last 20 days included, was set at 32.75%, having Stochastic %D topping 32.14%. 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 -29.40% 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 $58.54 million, which is approximately 5471111 of the company’s shares; Vanguard Group, Inc. (The), holding 4767495 shares of the stock with an approximate value of $51.01 million; and Greenvale Capital, LLP, currently with more than 4371865 shares of the company valued at $46.78 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 1 insider purchases amounting to 3665 shares.