Shares of AMC Entertainment Holdings Inc (NYSE:AMC) have been assigned an average rating of “Buy” from the seventeen analysts that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $21.50.

Several equities analysts recently weighed in on the stock. Wedbush raised shares of AMC Entertainment to a “buy” rating and set a $25.00 target price for the company in a research note on Wednesday, May 2nd. Benchmark raised shares of AMC Entertainment from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a research note on Thursday, June 21st. Imperial Capital assumed coverage on shares of AMC Entertainment in a research note on Wednesday. They set an “outperform” rating and a $23.00 target price for the company. ValuEngine raised shares of AMC Entertainment from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 21st. Finally, Zacks Investment Research cut shares of AMC Entertainment from a “hold” rating to a “sell” rating in a research note on Wednesday, April 11th.

AMC Entertainment traded up $0.05, hitting $17.40, during trading on Friday, according to MarketBeat. 96,014 shares of the company traded hands, compared to its average volume of 1,393,810. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of -19.52, a PEG ratio of 11.43 and a beta of 0.76. AMC Entertainment has a 1 year low of $10.80 and a 1 year high of $22.40. The company has a debt-to-equity ratio of 2.31, a quick ratio of 0.60 and a current ratio of 0.60.

AMC Entertainment (NYSE:AMC) last posted its earnings results on Monday, May 7th. The company reported $0.14 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.12. The company had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.35 billion. AMC Entertainment had a negative net margin of 9.22% and a negative return on equity of 7.13%. AMC Entertainment’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period last year, the company posted $0.07 earnings per share. equities research analysts forecast that AMC Entertainment will post 0.15 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 25th. Shareholders of record on Monday, June 11th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, June 8th. This represents a $0.80 annualized dividend and a yield of 4.60%. AMC Entertainment’s dividend payout ratio (DPR) is currently -89.89%.

In other news, CMO Stephen A. Colanero sold 5,364 shares of the firm’s stock in a transaction dated Monday, June 18th. The shares were sold at an average price of $15.95, for a total value of $85,555.80. Following the completion of the sale, the chief marketing officer now owns 69,536 shares in the company, valued at approximately $1,109,099.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Carla C. Sanders sold 6,000 shares of the firm’s stock in a transaction dated Friday, June 1st. The stock was sold at an average price of $14.76, for a total transaction of $88,560.00. Following the completion of the sale, the senior vice president now owns 15,992 shares of the company’s stock, valued at approximately $236,041.92. The disclosure for this sale can be found here. 1.40% of the stock is owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the company. Quantbot Technologies LP bought a new stake in shares of AMC Entertainment in the 1st quarter worth about $101,000. Advisor Group Inc. lifted its holdings in shares of AMC Entertainment by 445.3% in the 4th quarter. Advisor Group Inc. now owns 9,380 shares of the company’s stock worth $141,000 after acquiring an additional 7,660 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new stake in shares of AMC Entertainment in the 1st quarter worth about $142,000. Gargoyle Investment Advisor L.L.C. bought a new stake in shares of AMC Entertainment in the 1st quarter worth about $146,000. Finally, Two Sigma Securities LLC bought a new stake in shares of AMC Entertainment in the 4th quarter worth about $238,000. Hedge funds and other institutional investors own 41.59% of the company’s stock.

AMC Entertainment Company Profile

AMC Entertainment Holdings, Inc, through its subsidiaries, operates in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of December 31, 2017, it owned, operated, or had interests in 649 theatres with a total of 8,224 screens in the United States; and 365 theatres and 2,945 screens internationally.

Analyst Recommendations for AMC Entertainment (NYSE:AMC)

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