News articles about AMC Entertainment (NYSE:AMC) have trended somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AMC Entertainment earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.1254614048791 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s analysis:
Several research firms recently commented on AMC. Cfra restated a “buy” rating and issued a $18.00 price target on shares of AMC Entertainment in a research note on Wednesday, June 27th. Wedbush raised shares of AMC Entertainment to a “buy” rating and set a $25.00 price objective for the company in a research report on Thursday, June 21st. ValuEngine raised shares of AMC Entertainment from a “strong sell” rating to a “sell” rating in a research report on Thursday, June 21st. Zacks Investment Research cut shares of AMC Entertainment from a “hold” rating to a “sell” rating in a research report on Tuesday, May 8th. Finally, Benchmark raised shares of AMC Entertainment from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research report on Thursday, June 21st. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and ten have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $21.42.
Shares of AMC Entertainment stock traded up $0.45 on Friday, hitting $17.25. The stock had a trading volume of 75,716 shares, compared to its average volume of 1,361,677. AMC Entertainment has a twelve month low of $10.80 and a twelve month high of $22.40. The company has a debt-to-equity ratio of 2.31, a current ratio of 0.60 and a quick ratio of 0.60. The company has a market capitalization of $2.03 billion, a P/E ratio of -19.33, a P/E/G ratio of 10.57 and a beta of 0.76.
AMC Entertainment (NYSE:AMC) last released its earnings results on Monday, May 7th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.12. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.35 billion. AMC Entertainment had a negative net margin of 9.22% and a negative return on equity of 7.13%. The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.07 EPS. equities analysts anticipate that AMC Entertainment will post 0.15 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 25th. Stockholders of record on Monday, June 11th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.64%. The ex-dividend date of this dividend was Friday, June 8th. AMC Entertainment’s dividend payout ratio (DPR) is -89.89%.
In related news, SVP Carla C. Sanders sold 6,000 shares of the stock in a transaction on Friday, June 1st. The stock was sold at an average price of $14.76, for a total value of $88,560.00. Following the transaction, the senior vice president now directly owns 15,992 shares in the company, valued at approximately $236,041.92. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CMO Stephen A. Colanero sold 5,364 shares of the stock in a transaction on Monday, June 18th. The stock was sold at an average price of $15.95, for a total value of $85,555.80. Following the completion of the transaction, the chief marketing officer now owns 69,536 shares in the company, valued at $1,109,099.20. The disclosure for this sale can be found here. Company insiders own 0.80% 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.
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