Wedbush Lowers Earnings Estimates for AMC Entertainment

AMC Entertainment Holdings, Inc. (NYSE:AMC - Free Report) - Analysts at Wedbush reduced their Q1 2025 EPS estimates for AMC Entertainment in a research report issued to clients and investors on Thursday, May 1st. Wedbush analyst A. Reese now anticipates that the company will post earnings of ($0.50) per share for the quarter, down from their previous forecast of ($0.36). The consensus estimate for AMC Entertainment's current full-year earnings is ($1.38) per share. Wedbush also issued estimates for AMC Entertainment's Q2 2025 earnings at ($0.22) EPS, Q3 2025 earnings at ($0.04) EPS, Q4 2025 earnings at ($0.04) EPS, FY2025 earnings at ($0.80) EPS, FY2026 earnings at ($0.30) EPS and FY2027 earnings at ($0.27) EPS.

A number of other research analysts have also recently issued reports on the company. Roth Capital set a $3.25 price objective on AMC Entertainment in a research note on Tuesday, February 4th. Macquarie reiterated a "neutral" rating and set a $4.00 target price on shares of AMC Entertainment in a research report on Wednesday, February 26th. Roth Mkm cut their price target on AMC Entertainment from $3.25 to $3.00 and set a "neutral" rating on the stock in a report on Wednesday, April 16th. Benchmark reissued a "hold" rating on shares of AMC Entertainment in a research report on Monday, March 3rd. Finally, StockNews.com upgraded shares of AMC Entertainment to a "sell" rating in a research report on Saturday, February 22nd. Three equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $4.65.

AMC Entertainment Price Performance

Shares of NYSE:AMC traded up $0.05 on Monday, hitting $2.75. The company's stock had a trading volume of 3,440,512 shares, compared to its average volume of 22,466,716. The company has a market capitalization of $1.19 billion, a PE ratio of -1.71 and a beta of 1.41. AMC Entertainment has a 1 year low of $2.45 and a 1 year high of $11.88. The company has a 50-day simple moving average of $2.85 and a 200 day simple moving average of $3.59.

AMC Entertainment (NYSE:AMC - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported ($0.58) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.40) by ($0.18). The business's revenue for the quarter was down 9.3% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.62) EPS.

Institutional Trading of AMC Entertainment

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of AMC Entertainment by 4.4% in the fourth quarter. Vanguard Group Inc. now owns 36,854,559 shares of the company's stock worth $146,681,000 after acquiring an additional 1,558,554 shares during the last quarter. Marshall Wace LLP increased its position in AMC Entertainment by 85.4% during the fourth quarter. Marshall Wace LLP now owns 2,801,788 shares of the company's stock worth $11,151,000 after buying an additional 1,290,376 shares during the last quarter. JPMorgan Chase & Co. raised its stake in AMC Entertainment by 91.5% in the 4th quarter. JPMorgan Chase & Co. now owns 2,263,513 shares of the company's stock worth $9,009,000 after purchasing an additional 1,081,464 shares in the last quarter. Balyasny Asset Management L.P. acquired a new position in AMC Entertainment during the 4th quarter worth approximately $3,646,000. Finally, KBC Group NV increased its stake in shares of AMC Entertainment by 7,771.5% in the fourth quarter. KBC Group NV now owns 648,141 shares of the company's stock valued at $2,580,000 after buying an additional 639,907 shares during the period. 28.80% of the stock is owned by hedge funds and other institutional investors.

About AMC Entertainment

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.