AMC Networks (AMCX) Projected to Post Quarterly Earnings on Friday

AMC Networks (NASDAQ:AMCX - Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Friday, May 9th. Analysts expect AMC Networks to post earnings of $0.73 per share and revenue of $567.23 million for the quarter. AMC Networks has set its FY 2025 guidance at EPS.

AMC Networks (NASDAQ:AMCX - Get Free Report) last released its earnings results on Friday, February 14th. The company reported $0.64 EPS for the quarter, missing analysts' consensus estimates of $1.05 by ($0.41). The company had revenue of $599.30 million for the quarter, compared to analysts' expectations of $611.26 million. AMC Networks had a positive return on equity of 18.61% and a negative net margin of 9.36%. The firm's revenue for the quarter was down 11.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.72 EPS. On average, analysts expect AMC Networks to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

AMC Networks Stock Down 1.6 %

AMCX stock opened at $6.30 on Friday. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 2.63. The firm has a 50-day simple moving average of $6.63 and a 200-day simple moving average of $8.25. AMC Networks has a 52 week low of $5.41 and a 52 week high of $18.58. The stock has a market capitalization of $278.06 million, a P/E ratio of -1.20 and a beta of 1.28.

Insiders Place Their Bets

In other news, insider F. Dolan 2009 Revocabl Charles sold 154,345 shares of the company's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $6.95, for a total transaction of $1,072,697.75. Following the completion of the transaction, the insider now directly owns 20,833 shares of the company's stock, valued at approximately $144,789.35. This represents a 88.11 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 25.87% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. UBS Group lowered their price objective on AMC Networks from $8.00 to $6.00 and set a "sell" rating on the stock in a research note on Tuesday, April 15th. JPMorgan Chase & Co. reduced their target price on AMC Networks from $9.00 to $8.00 and set an "underweight" rating on the stock in a research report on Tuesday, February 18th. Wells Fargo & Company reduced their target price on AMC Networks from $8.00 to $4.00 and set an "underweight" rating on the stock in a research report on Thursday, April 17th. Morgan Stanley cut their price objective on AMC Networks from $9.00 to $8.00 and set an "underweight" rating on the stock in a report on Thursday, February 20th. Finally, StockNews.com downgraded AMC Networks from a "buy" rating to a "hold" rating in a report on Monday, February 17th. Four analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $6.50.

About AMC Networks

AMC Networks Inc, an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences, a platform to distributors, and advertisers in the United States, Europe, and internationally. The company operates through Domestic Operations, and International and Other segments.

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