AMC Entertainment Holdings Inc. (NYSE: AMC): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for AMC Entertainment Holdings Inc. (AMC) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.65, or -7.56%, to $7.95. Volume reached 302,712 shares, with price reaching a high of $8.1 and a low of $7.83. The stock was recently discussed on Yahoo Finance as it revealed that Vampires, Mummies and Madmen…Fathom Events’ Fright Fest is Back Bringing Classic Horror Films to the Big Screen.


Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now.

Sponsored

Stocks Info

AMC belongs to the Communication Services sector of the NYSE while operating in the Entertainment industry. At the end of the last regular session, the stock closed at $7.85 and fluctuated between $8.66 as its day high and $7.73 as its day low. The current market capitalization of AMC Entertainment Holdings Inc. is $4.46B. A total of 26.71 million shares were traded on the day, compared to an average of 64.16M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, AMC has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 12,000 shares. Over the last 12 months, there were 45 BUYs and 73 SELLs from insiders. Insiders purchased 4,474,605 shares during that period but sold 4,826,837.

In the most recent transaction, COX CHRIS A sold 12,000 shares of AMC for 25.00 per share on Aug 08. After the transaction, the SVP & CHIEF ACCOUNTING OFFICER now owns 1,250 company shares. In a previous transaction on Mar 31, MCDONALD JOHN D sold 25,000 shares at 23.91 per share. AMC shares that EVP, US OPERATIONS owns now total 1,463.

Among the insiders who sold shares, FRANK ELIZABETH F disposed of 20,000 shares on Mar 29 at a per-share price of $29.91. This resulted in the EVP & CHIEF CONTENT OFFICER holding 4,168 shares of AMC after the transaction. In another insider transaction, COX CHRIS A sold 14,931 shares at $28.80 per share on Mar 29. Company shares held by the SVP & CHIEF ACCOUNTING OFFICER now total 15,000.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. AMC’s most recent ex-dividend date was 08/12/2022 when it declared a $0.01 quarterly dividend that was paid in cash on 08/19/2022. Previously, the company paid the dividend on 03/23/2020 with an ex-dividend date of 03/06/2020. The dividend was $0.03 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for AMC in the last 3 months, the mean price target is $2.84 with high estimates of $6.76 and low estimates of $0.50. In terms of 52-week highs and lows, AMC has a high of $28.23 and a low of $5.96.

As of this writing, AMC has an earnings estimate of $-0.25 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $-0.23 per share and a lower estimate of $-0.27. The company reported an EPS of $-0.24 in the last quarter, which was 11.11% higher than expectations of $-0.27.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 8 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AMC is Overweight with a score of 2.20. A total of 0 analysts rated the stock as Buy while 0 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 5 thought it should be Sold.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

The 5 Best Inflation Stocks for 2022

292
294

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.