AMC Entertainment Holdings Inc (NYSE:AMC) – Equities researchers at Barrington Research issued their Q2 2019 earnings estimates for shares of AMC Entertainment in a note issued to investors on Thursday. Barrington Research analyst J. Goss expects that the company will post earnings per share of $0.11 for the quarter. Barrington Research also issued estimates for AMC Entertainment’s Q3 2019 earnings at ($0.01) EPS, Q4 2019 earnings at $0.36 EPS, FY2019 earnings at $0.50 EPS and FY2020 earnings at $0.85 EPS.

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AMC Entertainment (NYSE:AMC) last announced its quarterly earnings results on Thursday, March 1st. The company reported ($2.14) EPS for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($2.41). The company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.41 billion. AMC Entertainment had a negative return on equity of 6.04% and a negative net margin of 9.59%. AMC Entertainment’s revenue for the quarter was up 53.0% on a year-over-year basis. During the same period last year, the firm earned $0.33 earnings per share.

A number of other equities analysts have also recently commented on the company. TheStreet raised AMC Entertainment from a “d+” rating to a “c-” rating in a research note on Monday. Zacks Investment Research cut AMC Entertainment from a “hold” rating to a “sell” rating in a research note on Monday. B. Riley reaffirmed a “buy” rating and issued a $27.50 price target (down from $30.00) on shares of AMC Entertainment in a research note on Friday, March 2nd. Wedbush set a $19.00 price target on AMC Entertainment and gave the stock a “buy” rating in a research note on Tuesday, February 20th. Finally, Royal Bank of Canada cut AMC Entertainment from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 10th. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $23.04.

Shares of AMC Entertainment (NYSE:AMC) traded up $0.20 during trading on Monday, reaching $14.95. The company’s stock had a trading volume of 583,382 shares, compared to its average volume of 2,063,594. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 2.27. The stock has a market cap of $1,999.80, a PE ratio of -3.97, a P/E/G ratio of 9.07 and a beta of 0.84. AMC Entertainment has a 1-year low of $10.80 and a 1-year high of $32.10.

Several institutional investors and hedge funds have recently bought and sold shares of AMC. Baupost Group LLC MA purchased a new stake in AMC Entertainment in the third quarter worth $52,411,000. Victory Capital Management Inc. purchased a new stake in AMC Entertainment in the fourth quarter worth $27,305,000. GMT Capital Corp grew its stake in AMC Entertainment by 508.6% in the third quarter. GMT Capital Corp now owns 1,954,804 shares of the company’s stock worth $28,736,000 after purchasing an additional 1,633,604 shares during the period. Janus Henderson Group PLC grew its stake in AMC Entertainment by 47.7% in the third quarter. Janus Henderson Group PLC now owns 4,142,367 shares of the company’s stock worth $60,893,000 after purchasing an additional 1,338,462 shares during the period. Finally, Thompson Siegel & Walmsley LLC grew its stake in AMC Entertainment by 88.9% in the third quarter. Thompson Siegel & Walmsley LLC now owns 1,715,425 shares of the company’s stock worth $25,217,000 after purchasing an additional 807,304 shares during the period. 43.33% of the stock is currently owned by hedge funds and other institutional investors.

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 26th. Stockholders of record on Monday, March 12th will be paid a dividend of $0.20 per share. The ex-dividend date is Friday, March 9th. This represents a $0.80 annualized dividend and a dividend yield of 5.35%. AMC Entertainment’s dividend payout ratio (DPR) is presently -21.33%.

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About AMC Entertainment

AMC Entertainment Holdings, Inc is a holding company. The Company, through its subsidiaries, including AMC Entertainment Inc (AMCE), American Multi-Cinema, Inc (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business. It operates through theatrical exhibition operations segment. It licenses first-run motion pictures from distributors owned by film production companies and from independent distributors.

Earnings History and Estimates for AMC Entertainment (NYSE:AMC)

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