Several brokerages have updated their recommendations and price targets on shares of AMC Networks (NASDAQ: AMCX) in the last few weeks:

  • 1/19/2018 – AMC Networks was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “AMC Networks Inc. is engaged in producing programming and movie content. It owns and operates various cable televisions. Its programming networks include AMC, IFC, Sundance Channel, WE tv, and IFC films. The AMC is a television network which focuses on the original programming and movie-based entertainment. IFC creates long and short-form content inspired by music, web, gaming, animation, news, and culture. The Sundance Channel is the television destination for independent-minded viewers. The WE tv is the women’s network specially devoted to the relationships during life’s defining moments. The IFC films consist of multiple brands that bring specialty films to the largest possible audience. AMC Networks Inc. is headquartered in New York, New York. “
  • 1/9/2018 – AMC Networks was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “AMC Networks Inc. is engaged in producing programming and movie content. It owns and operates various cable televisions. Its programming networks include AMC, IFC, Sundance Channel, WE tv, and IFC films. The AMC is a television network which focuses on the original programming and movie-based entertainment. IFC creates long and short-form content inspired by music, web, gaming, animation, news, and culture. The Sundance Channel is the television destination for independent-minded viewers. The WE tv is the women’s network specially devoted to the relationships during life’s defining moments. The IFC films consist of multiple brands that bring specialty films to the largest possible audience. AMC Networks Inc. is headquartered in New York, New York. “
  • 1/4/2018 – AMC Networks was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 1/2/2018 – AMC Networks was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $61.00 price target on the stock. According to Zacks, “AMC Networks Inc. is engaged in producing programming and movie content. It owns and operates various cable televisions. Its programming networks include AMC, IFC, Sundance Channel, WE tv, and IFC films. The AMC is a television network which focuses on the original programming and movie-based entertainment. IFC creates long and short-form content inspired by music, web, gaming, animation, news, and culture. The Sundance Channel is the television destination for independent-minded viewers. The WE tv is the women’s network specially devoted to the relationships during life’s defining moments. The IFC films consist of multiple brands that bring specialty films to the largest possible audience. AMC Networks Inc. is headquartered in New York, New York. “
  • 1/2/2018 – AMC Networks was downgraded by analysts at Macquarie from an “outperform” rating to a “neutral” rating. They now have a $60.00 price target on the stock.
  • 12/21/2017 – AMC Networks was upgraded by analysts at TheStreet from a “c” rating to a “b-” rating.
  • 12/19/2017 – AMC Networks was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 12/4/2017 – AMC Networks was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.

Shares of AMC Networks Inc (AMCX) traded up $1.23 during midday trading on Monday, reaching $53.97. 671,000 shares of the company’s stock were exchanged, compared to its average volume of 776,631. AMC Networks Inc has a twelve month low of $46.89 and a twelve month high of $67.61. The company has a debt-to-equity ratio of 37.53, a current ratio of 2.57 and a quick ratio of 2.57. The company has a market capitalization of $3,310.00, a PE ratio of 10.64, a P/E/G ratio of 1.02 and a beta of 1.10.

AMC Networks (NASDAQ:AMCX) last issued its quarterly earnings results on Thursday, November 2nd. The company reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.53. AMC Networks had a net margin of 12.12% and a return on equity of 948.45%. The business had revenue of $648.00 million for the quarter, compared to analysts’ expectations of $660.79 million. During the same period last year, the business earned $1.11 earnings per share. The business’s quarterly revenue was up 2.1% on a year-over-year basis. sell-side analysts forecast that AMC Networks Inc will post 7 earnings per share for the current year.

AMC Networks Inc is a holding company, which conducts all of its operations through its subsidiaries. The Company owns and operates entertainment businesses and assets. It operates through two segments: National Networks, and International and Other. National Networks includes activities of its programming businesses, which include its programming networks distributed in the United States and Canada.

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