Economy

AMC Entertainment Holdings, Inc. (AMC) Given Buy Rating at B. Riley

Several other brokerages have also issued reports on AMC. Royal Bank Of Canada cut their price target on AMC Entertainment Holdings from $30.00 to $22.00 and set an outperform rating on the stock in a research note on Tuesday, August 8th. Finally, Russell Investments Group Ltd. bought a new stake in AMC Entertainment Holdings during the fourth quarter worth about $275,000. The stock of AMC Entertainment Holdings Inc (NYSE:AMC) has "Outperform" rating given on Tuesday, May 9 by FBR Capital. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the stock. The company has an average rating of Hold and an average target price of $28.76.

Entertainment Holdings, Inc. has a consensus outperform rating from 15 Wall Street analysts, and the number of shares now sold short amount to at least 24.55% of shares outstanding. The company has a market capitalization of $3.05 billion, a price-to-earnings ratio of 24.74 and a beta of 1.53.

The stock last traded at $16.08 slightly over $15.11, the stock's 50 day moving average and which is well below the 200 day moving average of $23.90. The value of the total investment in AMC Entertainment Holdings, Inc went from $8,555,000 to $26,906,000 increasing 214.5% since the last quarter. (NYSE:EVRI), its shares were trading at $6.98 a retreat of $-0.24, on the trading floor. Creative Planning has invested 0% of its portfolio in AMC Entertainment Holdings Inc (NYSE:AMC).

As of the last earnings report the EPS was $-0.96 and is expected to be $-1.03 for the current year with 130,792,000 shares now outstanding. The stock spiked 21.13% last month and is down -52.3 this year. Next quarter's EPS is forecasted at $0.53 with next year's EPS anticipated to be $0.52. The legal version of this piece of content can be viewed at https://www.dispatchtribunal.com/2017/09/15/amc-entertainment-holdings-inc-amc-given-a-16-00-price-target-by-barclays-plc-analysts.html.

Additionally, here are a few investment firms who have increased or decreased their stake in (AMC). Shareholders of record on Monday, September 11th will be issued a $0.20 dividend. (AMC) Ex-Dividend Date Scheduled for ..." with publication date: "September 07, 2017. This dividend amount will represent a yeild of $5.63.

AMC Entertainment Holdings declared that its board has initiated a share buyback program on Thursday, August 3rd that permits the company to buyback $100.00 million in shares.

In related news, Director Jack Qunyao Gao purchased 20,000 shares of the firm's stock in a transaction on Friday, August 18th. When the opening bell rang, the price was $15.2. The disclosure for this purchase can be found here.

Short traders are feeling a little more bearish on shares of AMC Entertainment Holdings, Inc recently if you evaluate the increase in short interest. Its last month's stock price volatility remained 4.7% which for the week approaches 3.18%. MKM Partners reiterated a "buy" rating on shares of AMC Entertainment Holdings in a report on Friday, December 23rd. The lowest price the stock reached in the last trading day was $6.81 and compares with the $1.21 52-week low. As of the end of the quarter Janus Capital Management LLC had bought a total of 8,318 shares growing its position 0.3%.

As of the end of the quarter Asturias Capital LLC had acquired 369,983 shares growing its holdings by 56.0%. Convergence Invest Partners Limited Com owns 25,810 shares.

AMC Entertainment Holdings, Inc., launched on June 6, 2007, is a holding company.

New York-based Clinton Grp Incorporated Inc has invested 0.05% in AMC Entertainment Holdings Inc (NYSE:AMC). (OpCo) and its subsidiaries, is involved in the theatrical exhibition business. It licenses first-run motion pictures from distributors owned by film production companies and from independent distributors.



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