AMC Entertainment (NYSE:AMC) Stock Price Down 5.8% - Should You Sell?

Key Points

• AMC shares fell 5.8% to approximately $2.50, with trading volume significantly below its average. The stock’s consensus rating remains “Hold,” with an average analyst price target of $2.53.
• Analyst views are mixed: B. Riley raised its target to $2.50 while maintaining a neutral rating, Needham set a $3.50 target, and Roth Capital set a $1.50 target. Ratings include one Strong Buy, three Buys, four Holds, and two Sells.
• AMC’s latest quarterly results exceeded expectations, reporting $0.14 in EPS versus a projected loss of $0.03 and revenue of $1.60 billion versus a $1.50 billion estimate. Institutional investors own 28.8% of the company, while analysts forecast a full-year loss of $0.20 per share.

AMC Entertainment Holdings, Inc. (NYSE:AMC - Get Free Report) fell 5.8% during trading on Tuesday . The company traded as low as $2.48 and last traded at $2.4950. Approximately 6,277,647 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 36,827,031 shares. The stock had previously closed at $2.65.

Analyst Ratings Changes

Several equities analysts have recently weighed in on AMC shares. B. Riley Financial restated a "neutral" rating and set a $2.50 price target (up from $2.25) on shares of AMC Entertainment in a report on Wednesday, July 22nd. Zacks Research cut shares of AMC Entertainment from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 18th. Weiss Ratings raised shares of AMC Entertainment from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Monday, August 31st. Needham & Company LLC set a $3.50 target price on shares of AMC Entertainment in a report on Tuesday, July 21st. Finally, Roth Capital set a $1.50 target price on shares of AMC Entertainment in a report on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $2.53.

AMC Entertainment Trading Down 5.1%

The firm has a 50 day simple moving average of $2.38 and a 200 day simple moving average of $1.82. The firm has a market capitalization of $2.24 billion, a PE ratio of -2.34 and a beta of 2.01.

AMC Entertainment (NYSE:AMC - Get Free Report) last posted its earnings results on Monday, July 20th. The company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of ($0.03) by $0.17. The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.50 billion. Research analysts forecast that AMC Entertainment Holdings, Inc. will post -0.2 earnings per share for the current year.

Institutional Investors Weigh In On AMC Entertainment

Large investors have recently bought and sold shares of the business. Fund 1 Investments LLC bought a new position in AMC Entertainment during the 2nd quarter valued at about $4,192,000. Headlands Technologies LLC bought a new stake in shares of AMC Entertainment in the second quarter worth approximately $1,643,000. Readystate Asset Management LP bought a new stake in shares of AMC Entertainment in the second quarter worth approximately $8,343,000. Caitong International Asset Management Co. Ltd grew its stake in shares of AMC Entertainment by 3,100.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 225,685 shares of the company's stock worth $352,000 after acquiring an additional 218,634 shares during the period. Finally, R Squared Ltd raised its holdings in shares of AMC Entertainment by 349.7% during the first quarter. R Squared Ltd now owns 100,186 shares of the company's stock valued at $98,000 after purchasing an additional 77,906 shares during the last quarter. 28.80% of the stock is currently owned by institutional investors.

AMC Entertainment Company Profile

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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