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AMC Entertainment Holdings, Inc. (NYSE:AMC) Receives Consensus Rating of "Reduce" from Analysts

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Key Points

  • Analysts give AMC a consensus "Reduce" rating from seven firms (2 sell, 4 hold, 1 buy) with an average one-year price target of $2.42.
  • Shares trade around $1.45 and the company remains loss-making (projected -0.36 EPS), though recent box-office strength and a refinancing that extends maturities could help its near-term outlook.
  • Institutional investors have been adding positions (e.g., UBS, JPMorgan, Prudential), with hedge funds and other institutions owning about 28.8% of the stock, but heavy options activity and elevated short interest keep volatility elevated.
  • MarketBeat previews the top five stocks to own by June 1st.

Shares of AMC Entertainment Holdings, Inc. (NYSE:AMC - Get Free Report) have earned a consensus recommendation of "Reduce" from the seven ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $2.42.

AMC has been the topic of several research analyst reports. Citigroup dropped their price objective on AMC Entertainment from $1.30 to $1.10 and set a "sell" rating on the stock in a research note on Wednesday, February 25th. B. Riley Financial reissued a "neutral" rating on shares of AMC Entertainment in a research report on Friday, April 17th. Macquarie Infrastructure lowered their target price on AMC Entertainment from $3.00 to $2.00 and set a "neutral" rating on the stock in a research note on Thursday, January 15th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of AMC Entertainment in a research report on Monday, April 20th. Finally, Roth Mkm reissued a "neutral" rating and issued a $2.00 price objective on shares of AMC Entertainment in a report on Thursday, April 23rd.

Check Out Our Latest Report on AMC Entertainment

Hedge Funds Weigh In On AMC Entertainment

Hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in AMC Entertainment by 21.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 240,255 shares of the company's stock valued at $690,000 after buying an additional 41,860 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of AMC Entertainment by 30.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 710,181 shares of the company's stock worth $2,038,000 after buying an additional 164,740 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in AMC Entertainment by 19.8% during the second quarter. JPMorgan Chase & Co. now owns 1,820,405 shares of the company's stock valued at $5,643,000 after buying an additional 300,376 shares during the period. Prudential Financial Inc. boosted its stake in AMC Entertainment by 89.6% during the second quarter. Prudential Financial Inc. now owns 55,685 shares of the company's stock valued at $173,000 after buying an additional 26,310 shares during the period. Finally, Hsbc Holdings PLC grew its position in AMC Entertainment by 9.2% during the second quarter. Hsbc Holdings PLC now owns 102,506 shares of the company's stock worth $315,000 after buying an additional 8,629 shares in the last quarter. 28.80% of the stock is currently owned by hedge funds and other institutional investors.

AMC Entertainment Trading Down 0.3%

Shares of AMC Entertainment stock opened at $1.45 on Tuesday. The business's fifty day simple moving average is $1.27 and its 200 day simple moving average is $1.71. The firm has a market capitalization of $765.20 million, a P/E ratio of -1.10 and a beta of 2.13. AMC Entertainment has a 12 month low of $0.93 and a 12 month high of $4.08.

AMC Entertainment (NYSE:AMC - Get Free Report) last posted its quarterly earnings data on Saturday, January 31st. The company reported ($0.24) earnings per share (EPS) for the quarter. The company had revenue of $1.29 billion for the quarter. Analysts predict that AMC Entertainment will post -0.36 EPS for the current fiscal year.

Trending Headlines about AMC Entertainment

Here are the key news stories impacting AMC Entertainment this week:

AMC Entertainment Company Profile

(Get Free Report)

AMC Entertainment Holdings, Inc operates as a leading movie exhibition company, specializing in the presentation of theatrical motion pictures across a network of multiplex cinemas. The company's core business activities encompass ticket sales, concession and refreshment services, and the licensing of premium viewing formats. AMC offers a variety of auditorium experiences, including IMAX®, Dolby Cinema™, and Cinemark's RealD 3D systems, designed to enhance audience engagement through superior sound, visual clarity, and seating comfort.

Originally founded in 1920 with its first theatre in Kansas City, AMC has evolved into one of the largest theater chains in the world.

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Analyst Recommendations for AMC Entertainment (NYSE:AMC)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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