NASDAQ:AMCX

AMC Networks (AMCX) Stock Forecast, Price & News

$10.77

-0.62 (-5.44%)

(As of 09/26/2023 ET)

Compare

Today's Range: $10.74
▼
$11.54
50-Day Range: $10.09
▼
$13.92
52-Week Range: $9.96
▼
$27.46

Volume: 266,836 shs
Average Volume: 412,880 shs
Market Capitalization: $468.60 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $14.00

AMC Networks MarketRank™ Forecast

Analyst Rating: Strong Sell
1.25 Rating Score
Upside/Downside: 30.0% Upside
$14.00 Price Target
Short Interest: Healthy
5.42% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.49
Upright™ Environmental Score
News Sentiment: 1.22
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -20.77%
From $6.79 to $5.38 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.00 out of 5 stars

Consumer Discretionary Sector

209th out of 270 stocks

Cable & Other Pay Television Services Industry

14th out of 22 stocks

2.6

Analyst's Opinion

Consensus Rating
AMC Networks has received a consensus rating of Strong Sell. The company's average rating score is 1.25, and is based on no buy ratings, 1 hold rating, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.00, AMC Networks has a forecasted upside of 30.0% from its current price of $10.77.
Amount of Analyst Coverage
AMC Networks has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
5.42% of the float of AMC Networks has been sold short.
Short Interest Ratio / Days to Cover
AMC Networks has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in AMC Networks has recently decreased by 0.61%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
AMC Networks does not currently pay a dividend.
Dividend Growth
AMC Networks does not have a long track record of dividend growth.

2.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
AMC Networks has received a 13.03% net impact score from Upright. AMC Networks seems to create the most significant positive value in categories "Taxes", "Jobs", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Broadcasting of reality television shows", "Movie theater services", and "Movie streaming services" products. See details.
Environmental Sustainability
The Environmental Impact score for AMC Networks is -0.49.

2.9

News and Social Media Coverage

News Sentiment
AMC Networks has a news sentiment score of 1.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for AMC Networks this week, compared to 4 articles on an average week.
Search Interest
2 people have searched for AMCX on MarketBeat in the last 30 days.
MarketBeat Follows
Only 1 people have added AMC Networks to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AMC Networks insiders have not sold or bought any company stock.
Percentage Held by Insiders
27.06% of the stock of AMC Networks is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
59.77% of the stock of AMC Networks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for AMC Networks are expected to decrease by -20.77% in the coming year, from $6.79 to $5.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AMC Networks is -51.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of AMC Networks is -51.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
AMC Networks has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About AMC Networks (NASDAQ:AMCX) Stock

AMC Networks Inc., an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences and a platform to distributors and advertisers in the United States and internationally. The company operates through Domestic Operations, and International and Other. The Domestic Operations segment operates various national programming networks, including the AMC, WE tv, BBC AMERICA, IFC, and SundanceTV; provides subscription streaming services comprising Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE, as well as AMC+ and other streaming initiatives; and engages in film distribution business under the IFC Films name. This segment also produces and licenses original programming for various programming networks, as well as services the national programming networks. The International and Other segment operates a portfolio of channels under the AMCNI name; and production and comedy venues activities under the Levity name. AMC Networks Inc. was founded in 1980 and is headquartered in New York, New York.

AMCX Price History

30 days | 90 days | 365 days | Advanced Chart

AMCX Stock News Headlines

September 25, 2023 | msn.com

'Better Call Saul' creators beat Liberty Tax's defamation, trademark lawsuit

September 25, 2023 | finance.yahoo.com

REFILE-'Better Call Saul' creators beat Liberty Tax's defamation, trademark lawsuit

September 27, 2023 | Edge On The Street (Ad)

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September 13, 2023 | msn.com

AMC Networks CEO Kristin Dolan’s 605 Acquired by iSpot.tv

September 12, 2023 | msn.com

Next TV Summit: AMC Networks Sales EVP Adlman Says Business is Changing, FAST

September 8, 2023 | msn.com

AMC’s stock plunges toward a record low after prospectus filed for sale of up to 40 million shares

August 31, 2023 | yahoo.com

AMC Networks Strikes Deal with SAG-AFTRA, THE WALKING DEAD Spinoffs Resume Production

August 31, 2023 | msn.com

‘The Walking Dead’ Spinoffs & ‘Interview With A Vampire’ To Resume Production As AMC Networks Strikes Significant Agreements With SAG-AFTRA

September 27, 2023 | Edge On The Street (Ad)

Is Gold Really Boring?

August 29, 2023 | yahoo.com

AMC Networks Series Will Stream for 2 Months on Max

August 18, 2023 | msn.com

JP Morgan Maintains AMC Networks Inc - (AMCX) Underweight Recommendation

August 18, 2023 | markets.businessinsider.com

Analyst Expectations for AMC Networks's Future

August 11, 2023 | msn.com

AMC Networks Bolster Its Film Group with Hires and Promotions Across IFC Films

August 8, 2023 | benzinga.com

AMC Networks Stock (NASDAQ:AMCX), Analyst Ratings, Price Targets, Predictions

August 4, 2023 | finance.yahoo.com

Q2 2023 AMC Networks Inc Earnings Call

August 4, 2023 | yahoo.com

AMC Networks Sheds More Streaming Subscribers in Q2, U.S. Ad Sales Down 17%

August 4, 2023 | yahoo.com

AMC Networks Second Quarter Profit Falls 16%, Misses Wall Street Forecasts

August 4, 2023 | msn.com

Advertising Downturn Keeps AMC Networks From Hitting Q2 Revenue Target

August 4, 2023 | msn.com

AMC Networks U.S. Ad Revenue Drops 17 Percent, Streaming Subs Fall

August 4, 2023 | msn.com

Shares Of AMC Networks Surge As Q2 Results Show Improved Adjusted EBITDA And Strong Operating Cash Flow

August 4, 2023 | finance.yahoo.com

AMC Networks (AMCX) Q2 Earnings Surpass Estimates

August 4, 2023 | finance.yahoo.com

AMC Networks (AMCX) Reports Q2 Earnings: What Key Metrics Have to Say

August 1, 2023 | thestreet.com

CBS Swallows AMC Networks, Viacom Unloads Paramount and More 2017 Media Predictions

July 17, 2023 | finance.yahoo.com

AMC Networks (NASDAQ:AMCX) Could Be Struggling To Allocate Capital

July 15, 2023 | thestreet.com

AMC Networks Brushes Off Potential $1 Billion Suit from 'Walking Dead' Producers

July 11, 2023 | yahoo.com

IFC Films’ Scott Shooman Named Head of AMC Networks Film Group

July 7, 2023 | seekingalpha.com

AMC Networks: Navigating Challenges With Strategic Focus

See More Headlines

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AMCX Company Calendar

Last Earnings: 8/04/2023
Today: 9/27/2023
Next Earnings (Estimated): 11/03/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Cable & other pay television services
Sub-Industry: Cable & Satellite
Sector: Consumer Discretionary
Current Symbol: NASDAQ:AMCX
CUSIP: 00164V10
CIK: 1514991
Web: www.amcnetworks.com
Phone: (212) 324-8500
Fax: 302-636-5454
Employees: 1,948
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $14.00
High Stock Price Forecast: $22.00
Low Stock Price Forecast: $10.00
Forecasted Upside/Downside: +30.0%
Consensus Rating: Strong Sell
Rating Score (0-4): 1.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.21)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 1.59
P/E Growth: N/A
Net Income: $7.59 million
Net Margins: -0.20%
Pretax Margin: -2.39%
Return on Equity: 41.42%
Return on Assets: 7.24%

Debt

Debt-to-Equity Ratio: 2.26
Current Ratio: 1.34
Quick Ratio: 1.34

Sales & Book Value

Annual Sales: $3.04 billion
Price / Sales: 0.15
Cash Flow: $32.64 per share
Price / Cash Flow: 0.33
Book Value: $19.85 per share
Price / Book: 0.54

Miscellaneous

Outstanding Shares: 43,505,000
Free Float: 31,733,000
Market Cap: $468.55 million
Optionable: Optionable
Beta: 1.20

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Key Executives

Ms. Kristin Aigner Dolan (Age 57)
Chief Exec. Officer
Comp: $84k

Mr. Patrick O'Connell (Age 48)
Exec. VP & CFO
Comp: $1.56M

Mr. James G. Gallagher (Age 65)
Exec. VP & Gen. Counsel
Comp: $2.52M

Mr. Michael J. Sherin III (Age 53)
Exec. VP & Chief Accounting Officer

Mr. Nicholas Seibert (Age 33)
VP of Corp. Devel. & Investor Relations

Ms. Georgia Juvelis
Exec. VP of Corp. Communications

Mr. John Hsu (Age 50)
Exec. VP of Corp. Devel. & Treasurer

Ms. Jennifer Caserta Priore
Chief Transformation & People Officer

Mr. Ben Davis (Age 42)
Exec. VP of Programming - AMC Studios

Ms. Arlene Manos (Age 80)
Pres Emeritus

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AMCX Stock - Frequently Asked Questions

Should I buy or sell AMC Networks stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AMC Networks in the last twelve months. There are currently 3 sell ratings and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "strong sell" AMCX shares.
View AMCX analyst ratings or view top-rated stocks.
What is AMC Networks' stock price forecast for 2023?: 4 brokers have issued 1 year price targets for AMC Networks' stock. Their AMCX share price forecasts range from $10.00 to $22.00. On average, they expect the company's stock price to reach $14.00 in the next year. This suggests a possible upside of 30.0% from the stock's current price.
View analysts price targets for AMCX or view top-rated stocks among Wall Street analysts.
How have AMCX shares performed in 2023?: AMC Networks' stock was trading at $15.67 at the start of the year. Since then, AMCX shares have decreased by 31.3% and is now trading at $10.77.
View the best growth stocks for 2023 here.
When is AMC Networks' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023.
View our AMCX earnings forecast.
How were AMC Networks' earnings last quarter?: AMC Networks Inc. (NASDAQ:AMCX) posted its quarterly earnings data on Friday, August, 4th. The company reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.25. The firm had revenue of $678.60 million for the quarter, compared to analyst estimates of $711.57 million. AMC Networks had a negative net margin of 0.20% and a positive trailing twelve-month return on equity of 41.42%. AMC Networks's revenue for the quarter was down 8.0% compared to the same quarter last year. During the same period last year, the business posted $2.06 earnings per share.
What ETFs hold AMC Networks' stock?: ETFs with the largest weight of AMC Networks (NASDAQ:AMCX) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) and Invesco S&P SmallCap 600 Pure Value ETF (RZV).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).
What guidance has AMC Networks issued on next quarter's earnings?: AMC Networks updated its FY 2023 earnings guidance on Friday, August, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.80 billion-$2.80 billion, compared to the consensus revenue estimate of $2.89 billion.
What is Matt Blank's approval rating as AMC Networks' CEO?: 9 employees have rated AMC Networks Chief Executive Officer Matt Blank on Glassdoor.com. Matt Blank has an approval rating of 85% among the company's employees. 75.0% of employees surveyed would recommend working at AMC Networks to a friend.

What other stocks do shareholders of AMC Networks own?: Based on aggregate information from My MarketBeat watchlists, some companies that other AMC Networks investors own include AT&T (T), Verizon Communications (VZ), CVS Health (CVS), Netflix (NFLX), Walt Disney (DIS), General Motors (GM), Johnson & Johnson (JNJ), Pfizer (PFE) and Starbucks (SBUX).
What is AMC Networks' stock symbol?: AMC Networks trades on the NASDAQ under the ticker symbol "AMCX."
Who are AMC Networks' major shareholders?: AMC Networks' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.04%), LSV Asset Management (3.31%), Dimensional Fund Advisors LP (2.64%), State Street Corp (2.58%), Charles Schwab Investment Management Inc. (2.46%) and Schroder Investment Management Group (2.31%). Insiders that own company stock include Christian B Wymbs, James Gallagher and Joshua W Sapan.
View institutional ownership trends.
How do I buy shares of AMC Networks?: Shares of AMCX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is AMC Networks' stock price today?: One share of AMCX stock can currently be purchased for approximately $10.77.
How much money does AMC Networks make?: AMC Networks (NASDAQ:AMCX) has a market capitalization of $468.55 million and generates $3.04 billion in revenue each year. The company earns $7.59 million in net income (profit) each year or ($0.21) on an earnings per share basis.
How many employees does AMC Networks have?: The company employs 1,948 workers across the globe.
How can I contact AMC Networks?: AMC Networks' mailing address is 11 PENN PLAZA, NEW YORK NY, 10001. The official website for the company is www.amcnetworks.com. The company can be reached via phone at (212) 324-8500, via email at ir@amcnetworks.com, or via fax at 302-636-5454.

This page (NASDAQ:AMCX) was last updated on 9/27/2023 by MarketBeat.com Staff

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AMC Networks (AMCX) Stock Forecast, Price & News

AMC Networks MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About AMC Networks (NASDAQ:AMCX) Stock

AMCX Price History

AMCX Stock News Headlines

AMCX Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

AMCX Stock - Frequently Asked Questions

Overall MarketRank^™