AMC Entertainment Cites Record Revenues Following Acquisitions

FBR & Co also issued estimates for AMC Entertainment Holdings' Q2 2017 earnings at $0.61 EPS, Q4 2017 earnings at $0.31 EPS, FY2017 earnings at $0.70 EPS, FY2018 earnings at $0.83 EPS and FY2019 earnings at $1.07 EPS. (NYSE:AMC), with 8 analysts believing it is a strong buy. They are projecting Next Quarter growth of -16.7%. The growth estimate for the next five years is 10 percent (per annum). And food and beverage revenues rose 16.5 percent to $282.5 million, against a year-earlier $242.3 million.

AMC Entertainment Holdings (NYSE:AMC) last announced its quarterly earnings results on Monday, November 7th. AMC Entertainment Holdings has a 12 month low of $24.62 and a 12 month high of $35.65.

The investment has been paying off, with admission revenue increasing 18% in the December quarter to $588.9 million, helped by such hits as "Finding Dory" and the latest Star Wars installment, "Rogue One: A Star Wars Story". The stock stands almost -11.69% off versus the 52-week high and 45.13% away from the 52-week low. The company had Year Ago Sales of 96 Million. AMC Entertainment Holdings now has a consensus rating of "Buy" and a consensus price target of $36.91. 4 Analysts think that the Price Target for MBIA Inc. The Market Capitalization of the company stands at 1.43 Billion. The recent change has given its price a -8.26% deficit over SMA 50 and -14.37% deficit over its 52-week high. The stock was last seen -3.03% lower, reaching at $30.4 on March 1, 2017.

The Average Volume of the company is 3.87 Million, while the Relative Volume of the company is 2.9. Total debt to equity ratio of the company for most recent quarter is 1.24 while Long term debt to equity ratio for same time period is 1.23.

The stock has Return on Assets (ROA) of 2.5 percent. The legal version of this piece can be accessed at (NYSE:AMC) by some 2,550,854 shares, 142 decreased positions by 18,585,345 and 6 held positions by 11,066,537. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.45 average brokerage recommendation. (NYSE:AMC) jumped 30.46 percent over the past one year, while it declined -6.84 percent year to date (YTD). Renaissance Technologies LLC now owns 1,237,585 shares of the company's stock worth $41,645,000 after buying an additional 631,385 shares in the last quarter. 3,963,483 shares of the stock traded hands. The stock is now moving above its 20-Day Simple Moving Average of -8.26% with the 50-Day Simple Moving Average of -8.26 percent. Janus Capital Management LLC boosted its stake in AMC Entertainment Holdings by 1.6% in the second quarter. (NYSE:AMC) will report earnings per share of $0.34 today. Stockholders of record on Monday, March 13th will be given a dividend of $0.20 per share. Following the EPS trend, pool of analysts gave current quarter Per-Share Earnings estimates trends of $0.23 for the AMC while maintaining high price target of 47.50 and average of 38.48, as declared by WSJ. AMC Entertainment Holdings, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CEO AND PRESIDENT ARON ADAM M has acquired 31,747 shares of AMC Entertainment Holdings, Inc.

This article is informational purposes only and should not be considered a recommendation to buy or sell AMC Entertainment Holdings, Inc.

  • Zachary Reyes