AMC Entertainment (NYSE:AMC - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.02), Zacks reports. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.30 billion.
AMC Entertainment Stock Performance
Shares of NYSE AMC traded up $0.10 during midday trading on Friday, hitting $3.32. 10,785,249 shares of the stock traded hands, compared to its average volume of 10,865,378. The company has a market cap of $1.25 billion, a PE ratio of -2.06 and a beta of 1.88. AMC Entertainment has a one year low of $2.38 and a one year high of $11.88. The business has a 50 day moving average price of $3.55 and a two-hundred day moving average price of $4.23.
Analyst Ratings Changes
A number of research firms recently commented on AMC. StockNews.com raised AMC Entertainment to a "sell" rating in a research note on Saturday, February 22nd. Macquarie reiterated a "neutral" rating and issued a $4.00 target price on shares of AMC Entertainment in a report on Wednesday. B. Riley lowered their target price on AMC Entertainment from $8.00 to $6.00 and set a "neutral" rating for the company in a report on Thursday, November 7th. Roth Capital set a $3.25 target price on AMC Entertainment in a report on Tuesday, February 4th. Finally, Benchmark reiterated a "hold" rating on shares of AMC Entertainment in a report on Thursday, November 7th. Three investment analysts have rated the stock with a sell rating and six have given a hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $4.81.
View Our Latest Research Report on AMC
AMC Entertainment Company Profile
(
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AMC Entertainment Holdings, Inc, through its subsidiaries, engages in the theatrical exhibition business. It owns, operates, or has interests in theatres in the United States and Europe. The company was founded in 1920 and is headquartered in Leawood, Kansas.
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