Wedbush Reiterates $21.00 Price Target for AMC Entertainment Holdings Inc (AMC)

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It opened the session with a $10.76 price tag, later ranging from $10.55 to $11.15, the range at which the stock has traded at throughout the day. The company was maintained on Tuesday, November 8 by Stifel Nicolaus.

AMC has been the subject of several other research reports.

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $1.75B. After $-1.35 actual EPS reported by AMC Entertainment Holdings Inc for the previous quarter, Wall Street now forecasts -80.74% EPS growth. The firm has "Mkt Perform" rating by FBR Capital given on Wednesday, January 4.


Among 17 analysts covering AMC Entertainment (NYSE:AMC), 11 have Buy rating, 1 Sell and 5 Hold.

Mittleman Brothers Llc holds 17.9% of its portfolio in AMC Entertainment Holdings Inc for 1.44 million shares. Also, the Hold rating count is 7 as of 11/02/17. The stock has a consensus rating of "Hold" and an average target price of $26.35. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.54 and a quick ratio of 0.54. (NYSE:AMC) are $14.8 and $19.96. The company had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.22 billion. That transaction by Virtus took place on June 30, 2017, the same day Schroder Investment Management Group purchased an additional 2.35 million shares in AMC to bring its total stake to 3.87 million. AMC Entertainment Holdings's quarterly revenue was up 57.3% compared to the same quarter a year ago. On average, analysts expect AMC Entertainment Holdings to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year. Sell-side firms, on a consensus basis have a $22.43 price target on the name and a 2.30 recommendation, according to First Call. If you are accessing this piece on another site, it was illegally copied and reposted in violation of United States and global trademark and copyright legislation. Invesco has 0% invested in AMC Entertainment Holdings Inc (NYSE:AMC) for 55,167 shares.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 18th. Elk Creek Ptnrs Ltd has invested 0.72% in AMC Entertainment Holdings Inc (NYSE:AMC). The ex-dividend date of this dividend is Friday, December 1st. This represents a $0.80 annualized dividend and a yield of 6.72%. AMC Entertainment Holdings's dividend payout ratio (DPR) is now -125.00%. As of writing, AMC Entertainment Holdings, Inc.'s RSI stands at 31.34. This buyback authorization permits the company to reacquire up to 58% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board of directors believes its stock is undervalued. Also, major shareholder American Multi-Cinema, Inc. sold 12,000,000 shares of the company's stock in a transaction dated Monday, September 18th. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands. The number of shares now owned by investors are 130.46 mln. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The disclosure for this purchase can be found here.


Several institutional investors have recently made changes to their positions in AMC. Cubist Systematic Strategies Ltd Liability has invested 0% in AMC Entertainment Holdings Inc (NYSE:AMC). The Maryland-based Corbyn Investment Management Inc Md has invested 4.02% in the stock. Bank of New York Mellon Corp now owns 445,078 shares of the company's stock valued at $10,126,000 after buying an additional 4,485 shares in the last quarter. The stock exchanged hands with 3,737,604 numbers of shares compared to its average daily volume of 3.35M shares.

Three Peaks Capital Management Llc decreased Dish Network Corp (NASDAQ:DISH) stake by 26,552 shares to 173,939 valued at $10.92M in 2017Q2. Virginia Retirement Systems ET AL increased its position in AMC Entertainment Holdings by 1.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,109 shares of the company's stock worth $162,000 after purchasing an additional 6,055 shares during the period. (AMC) is a number of factors, including perhaps, a steady increase of the profile of the company as insider activity takes center stage. 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.


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