Wedbush updated coverage of AMC and giving a rating of "Buy" and establishing a price target of $15.50. Two equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock.
Credit Suisse Group lowered the price target of the stock on September 28 cutting the projection from $14.00 to $12.00 and issued a "Underperform" recommendation. Finally, Citigroup Inc. reissued a "buy" rating and set a $30.00 target price (down from $35.00) on shares of AMC Entertainment Holdings in a research note on Saturday, July 22nd. (NYSE:ASH) earned "Buy" rating by UBS on Tuesday, November 7. Swiss Natl Bank holds 0% in AMC Entertainment Holdings Inc (NYSE:AMC) or 85,641 shares. Act Ii Mgmt Ltd Partnership invested 1.78% of its portfolio in AMC Entertainment Holdings Inc (NYSE:AMC). Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AMC Entertainment Holdings's dividend payout ratio (DPR) is presently -62.50%. During the same quarter past year, the firm earned $0.14 EPS. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.16 billion. Royal National Bank Of Canada has invested 0% in AMC Entertainment Holdings Inc (NYSE:AMC). The firm's revenue was up 51.2% on a year-over-year basis. In the last earnings report the EPS was $-1.31 with 53.18M shares presently outstanding. This repurchase authorization permits the company to purchase up to 58% of its shares through open market purchases. Stock repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.
November 7 investment analysts at B. Riley held the stock rating at "Buy" with a current price target of $30.00. AMC Entertainment Holdings Inc (NYSE:AMC) has declined 9.74% since November 13, 2016 and is downtrending. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & worldwide copyright & trademark legislation. More interesting news about AMC Entertainment Holdings Inc (NYSE:AMC) were released by: Bloomberg.com and their article: "Coming to a Theater Near You: Subscriptions, Toys and Downloads" published on November 13, 2017 as well as Seekingalpha.com's news article titled: "AMC Entertainment Holdings (AMC) Q3 2017 Results - Earnings Call Transcript" with publication date: November 07, 2017.
In other AMC Entertainment Holdings news, Director Jack Qunyao Gao bought 7,000 shares of the stock in a transaction dated Wednesday, August 16th. The stock exchanged hands 4.08 Million shares versus average trading capacity of 3.32 Million shares. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. American International Group Inc added to its stake by buying 2,767 shares an increase of 8.1% in the quarter. The shares were sold at an average price of $6.09, for a total value of $73,080,000.00. The disclosure for this purchase can be found here. Company insiders own 0.80% of the company's stock.
Several institutional investors have recently made changes to their positions in the company.
Rothschild Asset Management Inc increased its stake in Amc Entertainment Holdings Inc by 36,605 shares as of the end of the last quarter.
The company is now up by 4.09% since yesterday's close of 11. Ameritas Investment Incorporated stated it has 0.01% in AMC Entertainment Holdings Inc (NYSE:AMC). American International Group Inc owns 37,005 shares with a value of $544,000. BlackRock Inc. grew its stake in shares of AMC Entertainment Holdings by 46,484.0% during the first quarter.
As of quarter end Cambridge Investment Research Advisors, Inc. had acquired 16,698 shares growing its holdings by 170.9%.
Consequently Amc Entertainment Holdings Inc (NYSE:AMC)'s weekly and monthly volatility is 7.97%, 5.65% respectively. SG Americas Securities LLC purchased a new stake in AMC Entertainment Holdings during the third quarter worth $109,000. Following the transaction, the chief executive officer now owns 125,426 shares of the company's stock, valued at $1,980,476.54.
Analysts await AMC Entertainment Holdings Inc (NYSE:AMC) to report earnings on February, 27. The original version of this article can be accessed at investing/research-analysts-set-expectations-for-amc-entertainment-holdings-inc-s-q2-2017-earnings-amc/1115022.html. (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business. It licenses first-run motion pictures from distributors owned by film production companies and from independent distributors.