Amc Entertainment Holdings Inc (AMC) Ended after Declining -4.02%

Lawrence Kim
August 12, 2017

(NYSE:AMC) was down -6.77% at $14.45 on Thursday, in a 52-week range of $14.80 to $35.65 and with a consensus analyst target price of $28.15. On June 16 the stock rating was upgraded from "Neutral" to "Outperform" with a current price target of $34.00 in an announcement from B. Riley.

AMC Entertainment Holdings, Inc recently declared a dividend that will be paid on Monday the 25th of September 2017. Finally, Credit Suisse Group reduced their price target on shares of AMC Entertainment Holdings from $20.00 to $17.00 and set an "underperform" rating for the company in a research report on Tuesday, July 18th. Entertainment Holdings reported earnings per share of $0.31 in the same quarter last year, which suggests a negative year over year growth rate of 161.3%. Three analysts have rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of $29.96. Barclays PLC boosted their price objective on AMC Entertainment Holdings from $30.00 to $36.00 and gave the stock an overweight rating in a report on Monday, April 17th. AMC Entertainment Holdings, now trading -24.69% below its 20-day and -50.20% versus the 200-day simple moving averages while -33.41% compared with its 50-day simple moving average. AMC Entertainment Holdings has a 52-week low of $13.65 and a 52-week high of $35.65. It has a market cap of $1.76 Billion. The New York-based American has invested 0% in AMC Entertainment Holdings Inc (NYSE:AMC). The company reported ($1.35) earnings per share for the quarter, missing the consensus estimate of $0.06 by $1.41. Moreover, Federated Pa has 0.01% invested in AMC Entertainment Holdings Inc (NYSE:AMC). The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period previous year, the business posted $0.24 EPS. The firm's quarterly revenue was up 57.3% compared to the same quarter past year.

As of the last earnings report the EPS was $-0.96 and is projected to be $-1.04 for the current year with 130,792,000 shares now outstanding. The correct version of this article can be viewed at (AMC), a part of Services sector and belongs to Movie Production, Theaters industry; ended its day with loss -6.77% and finalized at the price of $14.45. If you are viewing this report on another site, it was stolen and reposted in violation of United States and worldwide trademark and copyright law.

Examining Institutional Ownership at AMC Entertainment Holdings, Inc. This buyback authorization permits the company to repurchase up to 58% of its shares through open market purchases. Stock repurchase plans are generally an indication that the company's leadership believes its shares are undervalued. Zacks' sales averages are an average based on a survey of sell-side research firms that follow AMC Entertainment Holdings. Hollencrest Ltd invested in 0.04% or 182,570 shares. The ex-dividend date is Thursday the 1st of June 2017. This represents a $0.80 annualized dividend and a dividend yield of 5.16%. Also, SVP Kevin M. Connor acquired 4,000 shares of the company's stock in a transaction that occurred on Thursday, June 8th. The shares were bought at an average price of $23.52 per share, with a total value of $94,080.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. CEO AND PRESIDENT Adam M. Aron acquired 10,000 shares at an average price of $24.72 on Friday the 2nd. The stock's average target of $32.31 is 123.60% above today's ($14.45) share price. Following the completion of the acquisition, the chief executive officer now owns 90,426 shares in the company, valued at $2,235,330.72. The disclosure for this bought can be found here. The insider, GAO JACK QUNYAO, now holds 3,500 shares of AMC.

Amc Entertainment Holdings Inc (NYSE:AMC) has grabbed attention from the analysts, when it saw a value decrease of -4.02% or -0.65 points in the last trading session to close at $15.5. Vanguard Group Inc. now owns 4,840,316 shares of the company's stock valued at $152,228,000 after buying an additional 1,811,552 shares during the last quarter. The value of the investment in (AMC) decreased from $46,780,000 to $46,146,000 a change of $634,000 quarter over quarter. Advisors Asset Inc has invested 0% of its portfolio in AMC Entertainment Holdings Inc (NYSE:AMC). Gsa Capital Partners Llp now controls 84,348 shares valued at $1,919,000. As of quarter end Thompson Siegel & Walmsley LLC had acquired 127,653 shares growing its stake by 17.0%. Entertainment Holdings posted sales of $763.96 million in the same quarter last year, which suggests a positive year over year growth rate of 67.5%.

A number of institutional investors have recently made changes to their positions in the company.

Ratings analysis reveals 65% of AMC Entertainment's analysts are positive. The Company, through its subsidiaries, including AMC Entertainment Inc. (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business.

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