Are Things Looking Up For AMC Entertainment Holdings Inc (NYSE: AMC)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted This Friday Is National Popcorn Day, and AMC Theatres® Is Celebrating With Unlimited Popcorn Refill Deals and Unique Popcorn-Themed Merch Available in Theatres and Online.

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Stocks Info

The company is listed on the NYSE and operates within the Entertainment industry segment. At the end of the last regular session, the stock closed at $4.33 and fluctuated between $4.7200 as its day high and $4.3300 as its day low. The current market capitalization of AMC Entertainment Holdings Inc is $858.90M. A total of 12.55 million shares were traded on the day, compared to an average of 19.07M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, AMC has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 42 BUYs and 57 SELLs from insiders. Insiders purchased 3,577,080 shares during that period but sold 75,558,400.

In the most recent transaction, Antara Capital LP sold 7,993,400 shares of AMC for 1.73 per share on Jun 28. After the transaction, the 10% Owner now owns 93,911,906 company shares. In a previous transaction on Jun 27, Antara Capital LP sold 3,573,030 shares at 1.79 per share. AMC shares that 10% Owner owns now total 101,905,306.

Among the insiders who sold shares, Antara Capital LP disposed of 2,371,887 shares on Jun 26 at a per-share price of $1.79. This resulted in the 10% Owner holding 105,478,336 shares of AMC after the transaction. In another insider transaction, Antara Capital LP sold 2,650,100 shares at $1.82 per share on Jun 23. Company shares held by the 10% Owner now total 107,850,223.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. AMC’s most recent ex-dividend date was 8/12/2022 when it declared a $0.0250 quarterly dividend that was paid in cash on 8/19/2022. Previously, the company paid the dividend on 3/23/2020 with an ex-dividend date of 3/6/2020. The AMC stock dividend was $0.0750 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, AMC has a high of $75.26 and a low of $4.01.

As of this writing, AMC has an earnings estimate of -$0.52 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of -$0.07 per share and a lower estimate of -$0.89. The company reported an EPS of $0.09 in the last quarter, which was 124.30% higher than expectations of -$0.37.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. AMC’s latest balance sheet shows that the firm has $1.59B in Cash & Short Term Investments as of fiscal 2021. There were $10.75B in debt and $1.79B in liabilities at the time. Its Book Value Per Share was -$10.78, while its Total Shareholder’s Equity was -$1.79B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 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 Buy with a score of 2.14.

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