AMC Entertainment Holdings, Inc. (NYSE:AMC) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of AMC Entertainment Holdings, Inc. (NYSE:AMC) have earned a consensus rating of “Reduce” from the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $2.32.

A number of research analysts have recently commented on the company. Roth Mkm dropped their price target on AMC Entertainment from $2.00 to $1.50 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. Citigroup reduced their price objective on AMC Entertainment from $1.30 to $1.10 and set a “sell” rating on the stock in a research report on Wednesday, February 25th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of AMC Entertainment in a report on Wednesday, January 21st. Finally, Macquarie Infrastructure dropped their target price on AMC Entertainment from $3.00 to $2.00 and set a “neutral” rating for the company in a research report on Thursday, January 15th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Hsbc Holdings PLC grew its holdings in AMC Entertainment by 74.1% during the 4th quarter. Hsbc Holdings PLC now owns 320,971 shares of the company’s stock worth $504,000 after acquiring an additional 136,610 shares during the last quarter. Corient Private Wealth LLC acquired a new position in AMC Entertainment in the 4th quarter valued at approximately $41,000. Caitong International Asset Management Co. Ltd raised its stake in shares of AMC Entertainment by 3,100.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 225,685 shares of the company’s stock valued at $352,000 after acquiring an additional 218,634 shares during the last quarter. Alpine Global Management LLC bought a new position in shares of AMC Entertainment during the fourth quarter valued at $178,000. Finally, Invesco Ltd. lifted its holdings in shares of AMC Entertainment by 7.4% during the fourth quarter. Invesco Ltd. now owns 685,189 shares of the company’s stock worth $1,069,000 after purchasing an additional 47,476 shares during the period. Institutional investors own 28.80% of the company’s stock.

AMC Entertainment Price Performance

AMC stock opened at $0.99 on Monday. The stock has a market cap of $525.84 million, a price-to-earnings ratio of -0.76 and a beta of 1.85. The company has a 50 day simple moving average of $1.31 and a 200 day simple moving average of $2.03. AMC Entertainment has a 1 year low of $0.98 and a 1 year high of $4.08.

AMC Entertainment (NYSE:AMC) last issued its earnings results on Saturday, January 31st. The company reported ($0.24) earnings per share for the quarter. The business had revenue of $1.29 billion for the quarter. On average, equities research analysts anticipate that AMC Entertainment will post -1.38 EPS for the current fiscal year.

About AMC Entertainment

AMC Entertainment Holdings, Inc operates as a leading movie exhibition company, specializing in the presentation of theatrical motion pictures across a network of multiplex cinemas. The company’s core business activities encompass ticket sales, concession and refreshment services, and the licensing of premium viewing formats. AMC offers a variety of auditorium experiences, including IMAX®, Dolby Cinema™, and Cinemark’s RealD 3D systems, designed to enhance audience engagement through superior sound, visual clarity, and seating comfort.

Originally founded in 1920 with its first theatre in Kansas City, AMC has evolved into one of the largest theater chains in the world.