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Citigroup Increases AMC Entertainment (NYSE:AMC) Price Target to $1.20

AMC Entertainment logo with Consumer Discretionary background
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AMC Entertainment (NYSE:AMC - Get Free Report) had its price target lifted by research analysts at Citigroup from $1.10 to $1.20 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a "sell" rating on the stock. Citigroup's price objective indicates a potential downside of 22.03% from the company's previous close.

Other equities research analysts have also issued research reports about the company. Roth Mkm reaffirmed a "neutral" rating and issued a $2.00 price objective on shares of AMC Entertainment in a report on Thursday, April 23rd. Macquarie Infrastructure cut their target price on AMC Entertainment from $3.00 to $2.00 and set a "neutral" rating for the company in a research note on Thursday, January 15th. Benchmark raised AMC Entertainment from a "hold" rating to a "buy" rating and set a $2.50 price target for the company in a report on Wednesday. B. Riley Financial restated a "neutral" rating on shares of AMC Entertainment in a research note on Friday, April 17th. Finally, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of AMC Entertainment in a report on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, AMC Entertainment presently has a consensus rating of "Hold" and an average target price of $2.45.

Get Our Latest Report on AMC Entertainment

AMC Entertainment Price Performance

Shares of AMC stock traded down $0.10 during mid-day trading on Thursday, hitting $1.54. The stock had a trading volume of 40,656,564 shares, compared to its average volume of 35,892,340. AMC Entertainment has a fifty-two week low of $0.93 and a fifty-two week high of $4.08. The firm has a market cap of $814.98 million, a PE ratio of -1.45 and a beta of 2.14. The company's 50-day simple moving average is $1.28 and its 200-day simple moving average is $1.70.

AMC Entertainment (NYSE:AMC - Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported ($0.36) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.32) by ($0.04). The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $979.19 million. The firm's revenue for the quarter was up 21.2% on a year-over-year basis. During the same quarter last year, the business posted ($0.58) EPS. On average, analysts expect that AMC Entertainment will post -0.36 EPS for the current year.

Institutional Investors Weigh In On AMC Entertainment

A number of institutional investors and hedge funds have recently modified their holdings of the company. Wealthfront Advisers LLC grew its holdings in AMC Entertainment by 7.6% in the third quarter. Wealthfront Advisers LLC now owns 81,455 shares of the company's stock valued at $236,000 after purchasing an additional 5,763 shares during the last quarter. Swiss Life Asset Management Ltd raised its stake in shares of AMC Entertainment by 59.5% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 17,512 shares of the company's stock worth $51,000 after buying an additional 6,536 shares during the last quarter. Victory Capital Management Inc. raised its stake in shares of AMC Entertainment by 14.3% during the 3rd quarter. Victory Capital Management Inc. now owns 58,710 shares of the company's stock worth $170,000 after buying an additional 7,339 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of AMC Entertainment by 761.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 8,480 shares of the company's stock worth $25,000 after buying an additional 7,496 shares in the last quarter. Finally, Optimize Financial Inc boosted its position in shares of AMC Entertainment by 1.5% in the 4th quarter. Optimize Financial Inc now owns 543,906 shares of the company's stock worth $848,000 after buying an additional 7,824 shares in the last quarter. Institutional investors and hedge funds own 28.80% of the company's stock.

AMC Entertainment News Roundup

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

  • Positive Sentiment: Q1 revenue beat and narrower loss — AMC reported revenue up ~21% year‑over‑year to about $1.05B and a smaller net loss versus a year ago, showing box‑office recovery and stronger demand for premium formats. This supports near‑term top‑line momentum. AMC Q1 Revenue Jumps
  • Positive Sentiment: Arena One live‑concert rollout — AMC announced a nationwide partnership to screen interactive, real‑time concerts across its theatres (Arena One), diversifying content and creating a new recurring revenue stream beyond films. Market excitement about new monetization helped interest in the shares. AMC to screen live concerts through Arena One partnership
  • Positive Sentiment: Analyst upgrade — Benchmark upgraded AMC from Hold to Buy with a $2.50 price target, signaling some analyst conviction in recovery/upside vs. the current share price. Benchmark upgrade
  • Neutral Sentiment: Industry relative performance — Coverage comparing AMC to consumer discretionary peers shows mixed results; AMC has outpaced some peers year‑to‑date but still lags on fundamentals versus healthier exhibitors. Useful context for relative valuation and sector rotation. AMC vs peers
  • Negative Sentiment: EPS miss and guidance risk — AMC’s non‑GAAP loss per share missed consensus (reported -$0.36 vs. -$0.32 est.), which tempers enthusiasm from the revenue beat and pressures the stock. Q1 results
  • Negative Sentiment: Dilution and balance‑sheet concerns — Analysts and commentaries flagged ongoing equity dilution from debt‑for‑equity swaps and elevated leverage, keeping bankruptcy risk and negative free‑cash‑flow concerns top of mind for investors. That structural risk likely contributed to the share decline. Dilution concerns

About AMC Entertainment

(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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