AMC Entertainment Holdings, Inc. (NYSE:AMC) Given Average Rating of “Moderate Buy” by Brokerages

AMC Entertainment Holdings, Inc. (NYSE:AMC) has been assigned a consensus recommendation of “Moderate Buy” from the ten analysts that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, three have given a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $2.5286.

A number of research analysts recently issued reports on the stock. Roth Capital set a $1.50 price target on shares of AMC Entertainment in a research note on Tuesday, May 19th. Weiss Ratings raised shares of AMC Entertainment from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, August 3rd. Wall Street Zen upgraded shares of AMC Entertainment from a “strong sell” rating to a “hold” rating in a report on Saturday, May 9th. Zacks Research raised shares of AMC Entertainment from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Finally, B. Riley Financial reiterated a “neutral” rating and set a $2.50 target price (up from $2.25) on shares of AMC Entertainment in a research note on Wednesday, July 22nd.

AMC Entertainment Trading Down 2.4%

NYSE:AMC opened at $2.44 on Thursday. AMC Entertainment has a 12-month low of $0.93 and a 12-month high of $3.18. The firm has a market cap of $2.18 billion, a PE ratio of -2.28 and a beta of 2.06. The stock has a fifty day moving average price of $2.29 and a 200 day moving average price of $1.69.

AMC Entertainment (NYSE:AMC) last announced its quarterly earnings data on Monday, July 20th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.17. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.50 billion. Equities analysts forecast that AMC Entertainment will post -0.2 EPS for the current year.

Institutional Trading of AMC Entertainment

A number of institutional investors have recently bought and sold shares of AMC. Pitcairn Co. acquired a new position in shares of AMC Entertainment during the 2nd quarter worth about $34,000. Summit Asset Management LLC acquired a new stake in shares of AMC Entertainment during the 2nd quarter worth about $28,000. One Capital Management LLC acquired a new stake in shares of AMC Entertainment during the 3rd quarter worth about $44,000. Triumph Capital Management lifted its stake in AMC Entertainment by 139.0% during the fourth quarter. Triumph Capital Management now owns 19,000 shares of the company’s stock worth $30,000 after purchasing an additional 11,050 shares during the last quarter. Finally, Voleon Capital Management LP purchased a new stake in AMC Entertainment during the third quarter worth approximately $59,000. 28.80% of the stock is owned by hedge funds and other institutional investors.

About AMC Entertainment

AMC Entertainment Holdings, Inc operates as a leading movie exhibition company, specializing in the presentation of theatrical motion pictures across a network of multiplex cinemas. The company’s core business activities encompass ticket sales, concession and refreshment services, and the licensing of premium viewing formats. AMC offers a variety of auditorium experiences, including IMAX®, Dolby Cinema™, and Cinemark’s RealD 3D systems, designed to enhance audience engagement through superior sound, visual clarity, and seating comfort.

Originally founded in 1920 with its first theatre in Kansas City, AMC has evolved into one of the largest theater chains in the world.