NYSE:AMC

AMC Entertainment (AMC) Stock Price, News & Analysis

$4.41
-0.23 (-4.96%)
(As of 05/17/2024 ET)
Today's Range
$4.32
$4.98
50-Day Range
$2.47
$6.89
52-Week Range
$2.38
$62.30
Volume
99.69 million shs
Average Volume
33.40 million shs
Market Capitalization
$1.16 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.54

AMC Entertainment MarketRank™ Stock Analysis

Analyst Rating
Strong Sell
1.40 Rating Score
Upside/​Downside
25.6% Upside
$5.54 Price Target
Short Interest
Bearish
20.13% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.27
Upright™ Environmental Score
News Sentiment
0.59mentions of AMC Entertainment in the last 14 days
Based on 124 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.70) to ($0.75) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.63 out of 5 stars

Consumer Discretionary Sector

209th out of 269 stocks

Motion Picture Theaters Industry

3rd out of 3 stocks

AMC stock logo

About AMC Entertainment Stock (NYSE:AMC)

AMC Entertainment Holdings, Inc., is the world’s largest movie theater chain with over 11,000 screens. The company was founded in 1920 by the Dubinsky Family and is headquartered in Leawood, Kansas. The company has been in business for over 90 years but went public in 2013 after getting bought out by an investment group seeking to boost the company’s global presence. That investment group, Beijing-based Wanda Group, is still the company's largest shareholder.

1962 is marks a major milestone for the company because it is taken over by Stanley Durwood who embarks on a mission of rapid expansion. The company now commands more than 30% of the global market share with only 5% of the total screens and it has been a ground-breaking business in many respects.

The addition of snacks and drinks to the offering was a major boost to revenue. As of mid-2022, F&B is the second largest source of income for the company after box-office sales and accounts for roughly 28% of the revenue. Among the many innovations are the world’s first multiplex (a location with more than one screen), the addition of cup holders to the chairs in 1981, and a website with showtimes and listings nationally. The company made headlines again in 2011 with the launch of its STUBS rewards program, a premier program that offers discounts and other deals to its members.

Today, the chain is home to all of the top movies and offers attractions like IMA, Dolby Surround Sound, PRIME, 3-D features, Plush Power Recliners, and Dreamscape as well as full restaurants in many locations. In addition to entertainment, AMC Entertainment has a number of options for businesses and organizations that include big-screen supported meetings and events.

AMC Entertainment Holdings, Inc owns, operates, or has an interest in cinema theatres in the United States and Europe but has also expanded into digital and streaming media. In 2000, the company partnered to offer the first online ticket sales and expands it to all theaters, even Empire 25 in New York, the world’s busiest movie theater. In regard to market dominance, AMC Entertainment operates 22 of the US 50 busiest movie theaters and 4 of the top 5. Later, the company announced the launch of streaming services in 2019 and listed thousands of titles across a wide spectrum of genres and categories by mid-2022.

AMC Stock Price History

AMC Stock News Headlines

Squarespace’s Buyout Signals a Recovering Financial Market (AMC)
Private equity firm Permira's offer to acquire Squarespace in a $6.9 billion all-cash deal indicates a recovering financial market.
Meme Stocks Have a Pulse Again, AMC's Rally Follows GameStop's
The meme stocks saga of 2021 marked one of those historical moments in financial case studies. Unfortunately, it will be tied to those like the Tulipmania during the 1600s.
Meme Stocks Have a Pulse Again, AMC’s Rally Follows GameStop’s (AMC)
AMC looked to join GameStop in what could be the next chapter in the meme stock saga, however, investors will quickly find these rallies are short lived
5 Meme Stocks With a High Short Interest (AMC)
Keith Gill, aka RoaringKitty, resurfaces on Twitter, triggering a surge in GameStop and AMC Entertainment shares amid remarkable trading volume.
Will the Surge in GameStop Stock Spark a New Meme Craze? (AMC)
GameStop's shares surge 66% in May, reflecting a resurgence in retail speculation reminiscent of the 2021 meme stock craze.
IMAX: How It’s Still Cashing In on the Movie Business (AMC)
IMAX stock is worth a look as the company swings back to profitability, expands its global reach and moves its technology into non-traditional venues
Market Froth Is Getting Extreme. Just Look at Meme Stocks.
Term of the Week: Meme Stock
GameStop, AMC Shares Rise After Two-Day $7 Billion Wipeout
Wedbush Just Slashed Its Price Target on These 3 Stocks
GameStop, AMC Continue Slide as Meme Stocks Retreat
Robinhood May Be the Last Meme Stock Standing
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
5/17/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motion picture theaters
Sub-Industry
N/A
Employees
33,812
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.54
High Stock Price Target
$8.00
Low Stock Price Target
$3.20
Potential Upside/Downside
+25.6%
Consensus Rating
Strong Sell
Rating Score (0-4)
1.40
Research Coverage
5 Analysts

Profitability

Net Income
$-396,600,000.00
Pretax Margin
-6.68%

Debt

Sales & Book Value

Annual Sales
$4.81 billion
Cash Flow
$0.00 per share
Book Value
($7.71) per share

Miscellaneous

Free Float
262,436,000
Market Cap
$1.16 billion
Optionable
Optionable
Beta
1.69
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AMC Stock Analysis - Frequently Asked Questions

Should I buy or sell AMC Entertainment stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AMC Entertainment in the last twelve months. There are currently 3 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "strong sell" AMC shares.
View AMC analyst ratings
or view top-rated stocks.

What is AMC Entertainment's stock price target for 2024?

5 Wall Street analysts have issued 1-year price objectives for AMC Entertainment's stock. Their AMC share price targets range from $3.20 to $8.00. On average, they expect the company's stock price to reach $5.54 in the next twelve months. This suggests a possible upside of 25.6% from the stock's current price.
View analysts price targets for AMC
or view top-rated stocks among Wall Street analysts.

How have AMC shares performed in 2024?

AMC Entertainment's stock was trading at $6.12 on January 1st, 2024. Since then, AMC stock has decreased by 27.9% and is now trading at $4.41.
View the best growth stocks for 2024 here
.

Are investors shorting AMC Entertainment?

AMC Entertainment saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 55,450,000 shares, an increase of 9.4% from the April 15th total of 50,690,000 shares. Based on an average daily trading volume, of 16,990,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 20.1% of the company's shares are sold short.
View AMC Entertainment's Short Interest
.

When is AMC Entertainment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our AMC earnings forecast
.

How were AMC Entertainment's earnings last quarter?

AMC Entertainment Holdings, Inc. (NYSE:AMC) posted its earnings results on Wednesday, February, 28th. The company reported ($0.54) EPS for the quarter, beating the consensus estimate of ($0.70) by $0.16. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.06 billion.

What ETFs hold AMC Entertainment's stock?

ETFs with the largest weight of AMC Entertainment (NYSE:AMC) stock in their portfolio include Roundhill MEME ETF (MEME), SoFi Web 3 ETF (TWEB) and Schwab Crypto Thematic ETF (STCE).SoFi Social 50 ETF (SFYF).

When did AMC Entertainment's stock split?

AMC Entertainment shares reverse split on the morning of Thursday, August 24th 2023. The 1-10 reverse split was announced on Monday, August 14th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, August 23rd 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What guidance has AMC Entertainment issued on next quarter's earnings?

AMC Entertainment updated its first quarter 2024 earnings guidance on Friday, April, 26th. The company provided earnings per share guidance of -0.620--0.620 for the period, compared to the consensus earnings per share estimate of -0.790. The company issued revenue guidance of $951.4 million-$951.4 million, compared to the consensus revenue estimate of $861.1 million.

What is Adam Aron's approval rating as AMC Entertainment's CEO?

596 employees have rated AMC Entertainment Chief Executive Officer Adam Aron on Glassdoor.com. Adam Aron has an approval rating of 63% among the company's employees. This puts Adam Aron in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of AMC Entertainment own?
Who are AMC Entertainment's major shareholders?

AMC Entertainment's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.42%), IMC Chicago LLC (0.00%), Boulder Hill Capital Management LP (0.29%), Whitebox Advisors LLC (0.00%), Capstone Investment Advisors LLC (0.21%) and Jane Street Group LLC (0.00%). Insiders that own company stock include Adam Jay Sussman, Adam M Aron, Antara Capital Lp, Chris A Cox, Daniel E Ellis, Elizabeth F Frank, Gary Locke, Howard Winchel Koch Jr, Howard Winchel Koch, Jr, John D Mcdonald, Kevin M Connor, Lee Wittlinger, Philip Lader, Sean D Goodman and Stephen A Colanero.
View institutional ownership trends
.

How do I buy shares of AMC Entertainment?

Shares of AMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AMC) was last updated on 5/17/2024 by MarketBeat.com Staff

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