AMC Entertainment Holdings' "Outperform" Recommendation Reiterated at Barrington Research

Several research firms have commented on AMC. (NYSE:AMC) has received an average rating of "Hold" from the nineteen ratings firms that are now covering the company, MarketBeat reports. Loop Capital reiterated a "buy" rating and issued a $39.00 price objective on shares of AMC Entertainment Holdings in a report on Monday, July 10th. On July 21 analysts at William Blair added the stock to its research portfolio with a rating of "Equal-Weight".

AMC Entertainment Holdings, Inc., launched on June 6, 2007, is a holding company. July 18 investment analysts at Credit Suisse held the company rating at "Underperform" and lowered the price expectation to $17.00 from $34.00.

Benchmark "Downgrades" Amc Entertainment Holdings Inc (NYSE:AMC) in a research note issued to investors on 8/03/17 to Hold with price target of $0.

Barrington Research restated their outperform rating on shares of AMC Entertainment Holdings, Inc. Shares of the company are trading at $14.05 a great deal lower than $20.21, the 50 day moving average and which is significantly below the 200 day moving average of $26.86. Company's market valuation is $1.78 B. (NYSE:AMC) was down -3.20% during the last trading session, with a day high of 14.45.

According to analysts Amc Entertainment Holdings Inc (NYSE:AMC)'s minimum EPS for the current quarter is at $-0.43 and can go high up to $-0.06. The dividend payment will be $0.200 per share for the quarter or $0.80 annualized. Revenue for the quarter also did not kill consensus, coming in at $1.2 Billion, compared to the consensus of 1.23 Billion.

In terms of Buy, Sell or Hold recommendations, Amc Entertainment Holdings Inc (NYSE:AMC) has analysts' mean recommendation of 2.2. The business's revenue was up 57.3% on a year-over-year basis. "(AMC) Releases Quarterly Earnings Results, Misses Estimates By $1.41 EPS" was first published by Chaffey Breeze and is the sole property of of Chaffey Breeze. Legal And General Gp Public Limited Com has 0% invested in AMC Entertainment Holdings Inc (NYSE:AMC). Blackrock Japan Ltd invested 0% of its portfolio in AMC Entertainment Holdings Inc (NYSE:AMC). If you are reading this article on another site, it was illegally copied and republished in violation of USA and global copyright and trademark law.

AMC Entertainment Holdings announced that its board has authorized a share buyback plan on Thursday, August 3rd that allows the company to buyback $100.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 58% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

Also, the company announced dividend for the quarter, expected to be paid on early Wed, Sep 27th. Shareholders of record on Monday, September 11th will be issued a $0.20 dividend. The ex-dividend date will be Thursday the 1st of June 2017. AMC Entertainment Holdings's yield ratio (DPR) is presently -125.00%.

In other AMC Entertainment Holdings news, SVP Kevin M. Connor bought 4,000 shares of the stock in a transaction dated Thursday, June 8th. The total value of its holdings decreased 29.4%. The company posted an earnings surprise of -0.7%. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

In other AMC Entertainment Holdings news, CEO Adam M. Aron purchased 10,000 shares of AMC Entertainment Holdings stock in a transaction on Friday, June 2nd. The shares were purchased at an average price of $24.72 per share, for a total transaction of $247,200.00. Following the completion of the acquisition, the chief executive officer now directly owns 90,426 shares of the company's stock, valued at approximately $2,235,330.72.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Janus Henderson Group PLC acquired a new stake in AMC Entertainment Holdings during the second quarter worth $63,789,000. Alliancebernstein L.P. now owns 75,348 shares of the company's stock valued at $2,370,000 after buying an additional 32,223 shares in the last quarter. Teachers Advisors LLC raised its position in AMC Entertainment Holdings by 42.5% in the fourth quarter.

The stock, as of recent close, has shown weekly downbeat performance of -15.52% which was maintained at -37.89% in 1-month period, and is down -59.578% in this year. Dimensional Fund Advisors Lp grew its ownership by buying 540,854 shares an increase of 36.4%. Following the transaction, the senior vice president now directly owns 40,705 shares of the company's stock, valued at approximately $957,381.60.

Parametric Portfolio Associates LLC bolstered its investment by buying 151,672 shares an increase of 154.3%. AQR Capital Management LLC now owns 28,877 shares of the company's stock worth $972,000 after buying an additional 19,456 shares in the last quarter. (NYSE:AMC) was trading at volume above average, prior 52-week high was $35.65 and plunged -54.36% over the same period, trading at a volume of 3.17 million. The Company, through its subsidiaries, including AMC Entertainment Inc., American Multi-Cinema, Inc.

Like this



16 August 2017
Alibaba Group Holding Limited (NYSE:BABA)
Shares of Alibaba ( BABA ) were up 0.5% to $155.35 in early trading after Stifel analysts Scott Devitt , Lamont Williams and D. This repurchase authorization authorizes the specialty retailer to reacquire shares of its stock through open market purchases.

16 August 2017
Ashfield Capital Partners LLC Sells 9754 Shares of Cisco Systems, Inc. (CSCO)
It is negative, as 135 investors sold CVS shares while 627 reduced holdings. 117 funds opened positions while 651 raised stakes. The Firm operates through four divisions: Post - eCommerce - Parcel, Express, Global Forwarding and Freight, and Supply Chain.

16 August 2017
Samsung Announces T5 Portable SSD Featuring Latest 64-Layer V-NAND
The new drives will come in two colors, including "Deep Black" and "Alluring Blue", and range between 250GB and 2TB in size. It will also be compatible with a mobile app that will be available for Android devices (iOS was not mentioned).

15 August 2017
Blake Griffin Keeps Being Seen With Kendall Jenner
Kendall Jenner has sparked off romance rumours with American basketball player Blake Griffin , after they were seen hanging out for the second time in less than a week.

15 August 2017
Nando's are giving away free chicken to leaving certs students
Those seeking advice, information or reassurance can contact the Helpline on 1800 265 165 and speak to experienced guidance counsellors.

15 August 2017
DJI Adds Offline Mode for Incognito Flights
DJI stated that the newest feature will not be available where an Internet connection is required or where local regulations require having one.

15 August 2017
ON Semiconductor Corporation (NASDAQ:ON) Jumps 1.40% in Pre-Market
ON Semiconductor Corporation (NASDAQ:ON) was the target of a significant decrease in short interest during the month of July. Hood River Capital Management LLC raised its position in MagnaChip Semiconductor Corporation by 24.0% in the second quarter.

15 August 2017
Coach Profits Jump, Kate Spade Comes on Board
North America same-store sales increased in the "mid-single-digit" percentage range, beating the FactSet consensus of 3.6% growth. The KATE SPADE North America segment consists of the Company's kate spade NY and JACK SPADE brands in North America.

15 August 2017
Anna Faris Speaks Out for the First Time After Chris Pratt Split
I don't know what happened there, [Chris] is still living in the house. Want stories like these delivered straight to your phone?

15 August 2017
More Positive West Nile Tests in Perth County
The Perth District Health Unit tested the first positive mosquito last week in the north-eastern part of Mitchell. State health officials say no cases of the sickness have been reported but residents should take precautions.