Over the past twelve months, AMC Entertainment Holdings, Inc. Janus Capital Management LLC now holds 2,417,897 shares valued at $76,043,000. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued. The company reported ($1.35) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.06 by ($1.41).
AMC Entertainment Holdings (NYSE:AMC) last announced its quarterly earnings data on Friday, August 4th. AMC Entertainment Holdings, Inc recently declared a dividend for shareholders to be paid on Monday the 25th of September 2017. Finally, Great West Life Assurance Co. Swiss National Bank raised its position in AMC Entertainment Holdings by 4.8% in the third quarter.
Traders are a little more bearish on shares of the company lately as evidenced by the motion in short interest. Teachers Advisors LLC grew its stake in AMC Entertainment Holdings by 42.5% during the fourth quarter. Three Peaks Capital Management, LLC owns 596,325 shares worth $13,566,000. Convergence Investment Partners LLC boosted its stake in shares of AMC Entertainment Holdings by 112.3% in the third quarter. It increased, as 16 investors sold AMC shares while 30 reduced holdings. The firm's market cap is $1.84 billion. After a recent check, the 14-day RSIfor Koppers Holdings Inc (KOP) is now at 58.51, the 7-day stands at 61.87, and the 3-day is sitting at 72.08.
Shares of the company are trading at $15.27 slightly over the 50 day moving average of $15.11 and much lower than the 200 day moving average of $23.90. AMC Entertainment had 48 analyst reports since July 22, 2015 according to SRatingsIntel. The dividend will be $0.200 per share for the quarter or $0.80 annualized. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.22 billion. AMC Entertainment Holdings had a negative return on equity of 3.44% and a negative net margin of 2.49%. The total amount of shares outstanding is 135.32 million, giving the company a market capitalization of about 1.91 billion. During the same period previous year, the business earned $0.24 EPS. Zacks Investment Research downgraded shares of AMC Entertainment Holdings from a "hold" rating to a "sell" rating in a research note on Wednesday, June 7th.
The company is so far trading up from yesterday's close of 14.19. Investors of record on Monday, September 11th will be paid a $0.20 dividend. The ex-dividend date will be Friday September 8th, 2017. For the past 5 years, the company's revenue has grown -45.5%, while the company's earnings per share has grown -59.3%. AMC Entertainment Holdings's dividend payout ratio (DPR) is presently -125.00%. This repurchase authorization permits the company to repurchase up to 58% of its shares through open market purchases.
TRADEMARK VIOLATION WARNING: This report was posted by TrueBlueTribune and is the property of of TrueBlueTribune. If you are reading this news story on another site, it was illegally stolen and reposted in violation of United States and global copyright laws. Finally, American Century Companies Inc. grew its stake in AMC Entertainment Holdings by 15.5% during the first quarter.
Small gains on Wall Street on positive day for retailers
USA stocks closed at fresh record highs, with the S&P 500 inching up 0.1 percent and the Dow gaining 0.2 percent. Most large caps on the Seoul bourse traded mixed, with tech shares leading the gain.
Several equities analysts have recently commented on the stock. Benchmark Co. boosted their target price on shares of AMC Entertainment Holdings from $36.40 to $41.09 and gave the company a "buy" rating in a report on Thursday, November 17th. FBR & Co reiterated a "hold" rating on shares of AMC Entertainment Holdings in a report on Tuesday, January 24th.
On July 19 the company was downgraded to "Equal-Weight" from "Overweight" by analysts at Barclays.
AMC Entertainment Holdings, Inc is a holding company.
Among 17 analysts covering AMC Entertainment (NYSE:AMC), 11 have Buy rating, 1 Sell and 5 Hold. The stock now has a consensus rating of "Hold" and an average target price of $28.76.
In related news, Director Jack Qunyao Gao bought 7,000 shares of AMC Entertainment Holdings stock in a transaction on Wednesday, August 16th. Trading volume was up 1,082.10% over the stocks average daily volume. Following the completion of the acquisition, the director now owns 10,500 shares in the company, valued at $141,435. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0 of them rate its stock a hold.
Elk Creek Ptnrs has invested 1.18% in AMC Entertainment Holdings Inc (NYSE:AMC). The Company, through its subsidiaries, including AMC Entertainment Inc.
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