William Blair assumed coverage on AMC Entertainment Holdings in a report on Friday, July 21st. AMC Entertainment Holdings's quarterly revenue was up 57.3% on a year-over-year basis. Zacks Investment Research raised AMC Entertainment Holdings from a sell rating to a hold rating in a report on Friday, August 4th. Finally, Wedbush restated a "buy" rating on shares of AMC Entertainment Holdings in a report on Wednesday, August 2nd.
Currently, the 14-day ADX for Amc Entertainment Holdings Inc (AMC) is sitting at 34.84. Trading volume may be a very important factor for any investor.
This stock (AMC) is ahead of its 52-week low with 17.01%. The stock's 52-week range is $12.05 to $35.65, and its 3-month range is $12.05 to $25.05.
Company shares last traded at $13.35 a great deal lower than $15.47, the 50 day moving average and impressively lower than the 200 day moving average of $24.25. (AMC) will report its next earnings on Aug 04 BMO. Analysts are forecasting earnings of $-0.26 on a per share basis this quarter. The Return on Equity (ROE) value stands at -5%. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.22 billion. With short interest at 12,310,695 and short average daily volume at 4,828,907, the short-interest ratio is 3.0 and the short interest percentage is 0.09% as of August 15. The company's revenue was up 57.3% compared to the same quarter a year ago.
Wall Street analysts on the sell-side covering shares of AMC Entertainment Holdings, Inc. If you are reading this report on another site, it was copied illegally and republished in violation of United States & global copyright and trademark law. About 71,105 shares traded. Finally, FBR & Co cut their price target on shares of AMC Entertainment Holdings from $39.00 to $38.00 and set an "outperform" rating for the company in a report on Wednesday, December 21st. This repurchase authorization permits the company to repurchase up to 58% of its shares through open market purchases. Insiders own 0.80% of the company's stock.
In other AMC Entertainment Holdings news, CEO Adam M. Aron purchased 31,747 shares of the firm's stock in a transaction on Monday, February 13th. Stockholders of record on Monday, September 11th will be paid a $0.20 dividend. The dividend payment will be $0.200 per share for the quarter which is $0.80 annualized. The ex-dividend date of this dividend is Thursday, March 9th. AMC Entertainment Holdings's dividend payout ratio (DPR) is now -125.00%.
A number of hedge funds and other institutional investors have recently bought and sold shares of AMC. Following the transaction, the chief executive officer now directly owns 51,747 shares of the company's stock, valued at approximately $1,630,030.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders.
Short traders are feeling a little more bearish on AMC Entertainment Holdings, Inc of late as inferred by the change in short interest. Wells Fargo & Company MN now owns 48,634 shares of the company's stock worth $1,529,000 after buying an additional 20,090 shares during the last quarter. Schroder Investment Management Group increased its position in AMC Entertainment Holdings by 409.9% in the 2nd quarter. Russell Investments Group Ltd. grew its stake in AMC Entertainment Holdings by 897.0% during the first quarter.
TRADEMARK VIOLATION NOTICE: "Neuberger Berman Group LLC Acquires 80,730 Shares of AMC Entertainment Holdings, Inc". BlackRock Inc. now owns 3,352,184 shares of the company's stock valued at $105,428,000 after buying an additional 3,344,988 shares in the last quarter. Can lifted its holdings in shares of AMC Entertainment Holdings by 241.8% during the 1st quarter.
AMC Entertainment Holdings, Inc.is a holding company.