AMC Entertainment Holdings Company Profile (NYSE:AMC)

AMC Entertainment Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMC."

AMC Entertainment Holdings announced a quarterly dividend on Monday, August 7th. Stockholders of record on Monday, September 11th will be given a dividend of $0.20 per share on Wednesday, September 27th. This represents a $0.80 annualized dividend and a dividend yield of 5.03%. The ex-dividend date is Friday, September 8th. View AMC Entertainment Holdings' Dividend History.

AMC Entertainment Holdings declared that its board has authorized a stock buyback plan on Friday, August 4th 2017, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 58% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

AMC Entertainment Holdings, Inc. (NYSE:AMC) issued its quarterly earnings results on Friday, August, 4th. The company reported ($1.35) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by $1.41. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.22 billion. AMC Entertainment Holdings had a negative net margin of 2.49% and a negative return on equity of 3.44%. AMC Entertainment Holdings's revenue was up 57.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.24 earnings per share. View AMC Entertainment Holdings' Earnings History.

AMC Entertainment Holdings is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for AMC Entertainment Holdings.

15 analysts have issued twelve-month price targets for AMC Entertainment Holdings' shares. Their forecasts range from $16.00 to $43.21. On average, they anticipate AMC Entertainment Holdings' stock price to reach $27.75 in the next twelve months. View Analyst Ratings for AMC Entertainment Holdings.

Here are some recent quotes from research analysts about AMC Entertainment Holdings stock:

• 1. According to Zacks Investment Research, "AMC Entertainment Holdings, Inc., operates as a theatrical exhibition company primarily in the United States and internationally. It owned or interests in theatres and screens. AMC Entertainment Holdings, Inc. is based in Leawood, Kansas. " (9/22/2017)
• 2. B. Riley analysts commented, "We are not making any meaningful changes to our 2017/2018 estimates after already adjusting our model last week and are reiterating our Buy rating and $32.50 price target. Key Points  Q2 Results In‐Line with Pre‐Announcement. Revenues came in at $1.202B compared to RILY/consensus estimates of $1.203B/$1.222B (as some analysts in consensus did not adjust their estimates following the pre‐announcement early last week)." (8/5/2017)
• 3. Loop Capital analysts commented, "particularly ugly," according to Loop Capital Markets' David Miller. Yet despite a 25 percent plunge in AMC's stock the analyst is parting ways with his bullish stance as he maintains a Buy rating but with a price target lowered from $39 to $33.AMC's guidance implies that AMC underperformed the overall U.S. market, which is "highly unusual" under the company's CEO Adam Aron's leadership, Miller explained. Meanwhile, expenses in the quarter were "out of whack," which may imply that something "very unique" occurred in the quarter on the expense side.AMC's poor performance in the quarter could be in part explained by a $202.6 million impairment charge related to its investment in National Cinemedia, the analyst continued. This is "highly unusual" since AMC's peer Regal Entertainment Group (NYSE: RGC) is also an equity investor in Cinemedia but it didn't take a write-down in its earnings report last week.Looking Beyond The Poor Performance"Nevertheless, because AMC's accounting team apparently determined internally that the market value of NCMI declined below its carrying value, the decline is considered 'other than temporary,'" the analyst explained.Last, AMC's guidance for the full-year, including a reduction in cap-ex to $600 million from a prior $700 million to $750 million estimate is in factor what "most investors wanted anyway."Not included in the analyst's research report is a development out of China in which AMC's parent company, Dalian Wanda, is reportedly under investigation by Chinese regulatory bodies, TheStreet noted. The Chinese company could be facing scrutiny related to the funding of its foreign acquisitions.Finally, if AMC's stock trades as low as $15 per share it will imply a "mere" 6.6x 2018 EBITDA on an EV basis, which marks the "lowest we've ever seen any exhibitor entity trade." (8/2/2017)
• 4. FBR & Co analysts commented, "On Wednesday evening, April 19, AMC sort of preannounced 1Q17, saying its adj. EBITDA (in a noisy, transitional quarter that was the first full period with the recently acquired Odeon and Carmike chains and had four days of the Nordic chain acquired on 3/28) topped the FactSet consensus of $214M. AMC was not more specific, so we do not know how much it topped the EBITDA consensus. For now, we see no reason to change our $276M 1Q17 estimate. AMC also detailed several below-the-line items (D&A, interest, M&A cost, average shares) that on balance were somewhat dilutive versus our view of EPS but accretive versus our view of FCF/share. Our $37 PT is based on an SOTP that is focused on EBITDA multiples, so nothing disclosed here affects our PT, and on balance, the statement should be helpful for the equity, as it supports the argument for a northward bias to the consensus for core EBITDA. We estimate 2017 adj. EBITDA of $952M." (4/21/2017)

AMC Entertainment Holdings saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 16,295,726 shares, an increase of 32.4% from the August 15th total of 12,310,695 shares. Based on an average trading volume of 3,240,833 shares, the days-to-cover ratio is presently 5.0 days. Currently, 32.7% of the shares of the stock are sold short.

Some companies that are related to AMC Entertainment Holdings include Cable One (CABO), Columbia Sportswear Company (COLM), Liberty Global PLC (LILA), Mediaset SpA (MDIUY), Grand Canyon Education (LOPE), Liberty Global PLC (LILAK), Skechers U.S.A. (SKX), Extended Stay America (STAY), Hilton Grand Vacations (HGV), AMC Networks (AMCX), Cedar Fair, L.P. (FUN), Choice Hotels International (CHH), Tribune Media Company (TRCO), Zynga (ZNGA), ILG (ILG), Churchill Downs, Incorporated (CHDN), Marriot Vacations Worldwide Corporation (VAC) and Sinclair Broadcast Group (SBGI).

AMC Entertainment Holdings' management team includes the folowing people:

• Adam M. Aron, President, Chief Executive Officer, Director
• Craig R. Ramsey, Chief Financial Officer, Executive Vice President
• Stephen A. Colanero, Executive Vice President, Chief Marketing Officer
• Elizabeth Frank, Executive Vice President, Chief Content & Programming Officer
• John D. McDonald, Executive Vice President, U.S. Operations
• Mark A. McDonald, Executive Vice President - Global Development
• Chris A. Cox, Senior Vice President, Chief Accounting Officer
• Kevin M. Connor, Senior Vice President, General Counsel, Secretary
• Carla Sanders, Senior Vice President - Human Resources
• Lin Zhang, Non-Executive Chairman of the Board

AMC Entertainment Holdings' stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.01%), Schroder Investment Management Group (2.96%), Janus Henderson Group PLC (2.14%), Dimensional Fund Advisors LP (1.55%), Canyon Capital Advisors LLC (1.49%) and Voya Investment Management LLC (1.27%). Company insiders that own AMC Entertainment Holdings stock include Adam M Aron, American Multi-Cinema, Inc, Anthony J Saich, Howard Winchel Koch Jr, Jack Qunyao Gao, Kevin M Connor and Stephen A Colanero. View Institutional Ownership Trends for AMC Entertainment Holdings.

AMC Entertainment Holdings' stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., American Century Companies Inc., JPMorgan Chase & Co., UBS Oconnor LLC, TIAA CREF Investment Management LLC, UBS Asset Management Americas Inc., Boston Advisors LLC and Stoneridge Investment Partners LLC. View Insider Buying and Selling for AMC Entertainment Holdings.

AMC Entertainment Holdings' stock was acquired by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Janus Henderson Group PLC, Canyon Capital Advisors LLC, Davidson Kempner Capital Management LP, PineView Asset Management LP, Mittleman Brothers LLC, Northern Trust Corp and Dimensional Fund Advisors LP. Company insiders that have bought AMC Entertainment Holdings stock in the last two years include Adam M Aron, Jack Qunyao Gao and Kevin M Connor. View Insider Buying and Selling for AMC Entertainment Holdings.

Shares of AMC Entertainment Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of AMC Entertainment Holdings stock can currently be purchased for approximately $15.90.