AMC Networks Inc. (NASDAQ:AMCX) went up by 7.12% from its latest closing price compared to the recent 1-year high of $73.00. The company’s stock price has collected 8.68% of gains in the last five trading sessions. Press Release reported on 02/16/21 that AMC Networks to Report Full Year and Fourth Quarter 2020 Results
Is It Worth Investing in AMC Networks Inc. (NASDAQ :AMCX) Right Now?
AMC Networks Inc. (NASDAQ:AMCX) scored a price-to-earnings ratio above its average ratio, recording 21.37 x from its present earnings ratio. Plus, the 36-month beta value for AMCX is at 1.27. Opinions of the stock are interesting as 2 analysts out of 16 who provided ratings for AMC Networks Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 10 rated it as “hold,” and 3 as “sell.”
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The average price from analysts is $31.93, which is -$20.79 below the current price. AMCX currently public float of 27.64M and currently shorts hold a 31.97% ratio of that float. Today, the average trading volume of AMCX was 1.39M shares.
AMCX’s Market Performance
AMCX stocks went up by 8.68% for the week, with a monthly jump of 24.97% and a quarterly performance of 85.82%, while its annual performance rate touched 53.64%. The volatility ratio for the week stands at 5.91% while the volatility levels for the past 30 days are set at 11.21% for AMC Networks Inc.. The simple moving average for the period of the last 20 days is 9.36% for AMCX stocks with a simple moving average of 81.72% for the last 200 days.
Analysts’ Opinion of AMCX
Many brokerage firms have already submitted their reports for AMCX stocks, with Macquarie repeating the rating for AMCX by listing it as a “Neutral.” The predicted price for AMCX in the upcoming period, according to Macquarie is $45 based on the research report published on January 28th of the current year 2021.
JP Morgan, on the other hand, stated in their research note that they expect to see AMCX reach a price target of $20. The rating they have provided for AMCX stocks is “Underweight” according to the report published on October 19th, 2020.
Macquarie gave a rating of “Outperform” to AMCX, setting the target price at $29 in the report published on August 07th of the previous year.
AMCX Trading at 30.08% from the 50-Day Moving Average
After a stumble in the market that brought AMCX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.23% of loss for the given period.
Volatility was left at 11.21%, however, over the last 30 days, the volatility rate increased by 5.91%, as shares surge +9.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +73.32% upper at present.
During the last 5 trading sessions, AMCX rose by +8.68%, which changed the moving average for the period of 200-days by +124.28% in comparison to the 20-day moving average, which settled at $49.46. In addition, AMC Networks Inc. saw 50.55% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at AMCX starting from Gallagher James, who sale 7,500 shares at the price of $26.94 back on Nov 16. After this action, Gallagher James now owns 23,206 shares of AMC Networks Inc., valued at $202,050 using the latest closing price.
Stock Fundamentals for AMCX
Current profitability levels for the company are sitting at:
- +26.59 for the present operating margin
- +48.79 for the gross margin
The net margin for AMC Networks Inc. stands at +12.43. The total capital return value is set at 20.03, while invested capital returns managed to touch 10.36. Equity return is now at value 20.40, with 2.50 for asset returns.
Based on AMC Networks Inc. (AMCX), the company’s capital structure generated 501.85 points at debt to equity in total, while total debt to capital is 83.38. Total debt to assets is 59.70, with long-term debt to equity ratio resting at 488.30. Finally, the long-term debt to capital ratio is 81.13.
When we switch over and look at the enterprise to sales, we see a ratio of 1.67, with the company’s debt to enterprise value settled at 0.65. The receivables turnover for the company is 3.58 and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.90.