AMC Entertainment (NYSE:AMC – Get Free Report) had its price target raised by Citigroup from $2.20 to $2.60 in a research report issued to clients and investors on Friday, Benzinga reports. The firm presently has a “sell” rating on the stock. Citigroup‘s price objective suggests a potential downside of 16.80% from the company’s current price.
Other research analysts have also issued research reports about the stock. Roth Capital restated a “neutral” rating on shares of AMC Entertainment in a report on Friday, October 23rd. B. Riley Financial reaffirmed a “neutral” rating on shares of AMC Entertainment in a research note on Monday, October 19th. Needham & Company LLC set a $3.50 price objective on shares of AMC Entertainment in a research report on Tuesday, July 21st. Zacks Research raised shares of AMC Entertainment from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 13th. Finally, Benchmark reissued a “buy” rating and set a $3.00 target price (up from $2.50) on shares of AMC Entertainment in a research note on Tuesday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $2.73.
Get Our Latest Research Report on AMC
AMC Entertainment Stock Performance
Shares of AMC traded up $0.04 during mid-day trading on Friday, reaching $3.12. 18,615,665 shares of the company were exchanged, compared to its average volume of 34,799,621. The business has a 50 day simple moving average of $2.86 and a two-hundred day simple moving average of $2.01. The stock has a market capitalization of $2.79 billion, a PE ratio of -8.45 and a beta of 2.03. AMC Entertainment has a 52 week low of $0.93 and a 52 week high of $3.77.
AMC Entertainment (NYSE:AMC – Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.09 by $0.04. The company had revenue of $1.71 billion during the quarter, compared to the consensus estimate of $1.66 billion. The business’s revenue was up 31.6% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.21) earnings per share. On average, analysts predict that AMC Entertainment will post -0.06 EPS for the current year.
Institutional Investors Weigh In On AMC Entertainment
Several large investors have recently added to or reduced their stakes in AMC. Kestra Advisory Services LLC increased its holdings in AMC Entertainment by 24.6% in the third quarter. Kestra Advisory Services LLC now owns 17,162 shares of the company’s stock worth $51,000 after purchasing an additional 3,393 shares in the last quarter. Profund Advisors LLC lifted its stake in AMC Entertainment by 40.0% in the third quarter. Profund Advisors LLC now owns 17,888 shares of the company’s stock valued at $54,000 after buying an additional 5,113 shares during the period. Sterling Capital Management LLC lifted its stake in AMC Entertainment by 41.7% in the third quarter. Sterling Capital Management LLC now owns 17,797 shares of the company’s stock valued at $53,000 after buying an additional 5,241 shares during the period. Triton Wealth Management PLLC boosted its holdings in shares of AMC Entertainment by 14.6% during the 3rd quarter. Triton Wealth Management PLLC now owns 76,408 shares of the company’s stock worth $248,000 after buying an additional 9,757 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its holdings in shares of AMC Entertainment by 64.9% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 25,407 shares of the company’s stock worth $48,000 after buying an additional 10,003 shares in the last quarter. Institutional investors and hedge funds own 28.80% of the company’s stock.
Key Stories Impacting AMC Entertainment
Here are the key news stories impacting AMC Entertainment this week:
- Positive Sentiment: AMC reported record third-quarter revenue of $1.71 billion and adjusted EBITDA for a second consecutive quarter. It swung to $109.3 million in net income, reported positive free cash flow of nearly $110 million, and beat revenue and earnings estimates. CEO Adam Aron said the company had recovered from pandemic-era struggles. Fox Business article
- Positive Sentiment: A refinancing covering 97% of AMC’s debt extended maturities through 2033 and is expected to reduce interest costs. Management also expects positive free cash flow for 2026, while premium-format screens generate a disproportionate share of revenue. The Motley Fool article
- Neutral Sentiment: Unusually high call-option activity and momentum-screen coverage suggest increased speculative interest, but neither guarantees sustained gains. American Banking News article
- Negative Sentiment: Despite the earnings beat, one report noted AMC shares fell sharply after results, signaling a possible “sell-the-news” response. The company’s substantial debt burden and concerns about its deficit and growing share count remain risks that could temper optimism about its recovery. 24/7 Wall St. article 24/7 Wall St. analysis
AMC Entertainment Company Profile
AMC Entertainment Holdings, Inc is one of the world’s largest theatrical exhibition companies. Through its AMC Theatres and ODEON Cinemas Group brands, the company operates movie theaters that showcase new film releases and provide audiences with premium viewing experiences.
AMC’s theater offerings include standard and large-format screens, IMAX and Dolby Cinema experiences, reserved seating, mobile and online ticketing, and food and beverage services. The company also operates loyalty programs, including AMC Stubs, and offers subscription and membership products in select markets.
Founded in 1920, AMC serves moviegoers primarily in the United States and Europe.
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