Brokerages expect that AMC Entertainment Holdings Inc (NYSE:AMC) will announce earnings of $0.29 per share for the current fiscal quarter, according to Zacks. Four analysts have made estimates for AMC Entertainment’s earnings. The highest EPS estimate is $0.31 and the lowest is $0.25. AMC Entertainment posted earnings of $0.37 per share during the same quarter last year, which would indicate a negative year over year growth rate of 21.6%. The company is scheduled to issue its next quarterly earnings report before the market opens on Thursday, March 1st.

On average, analysts expect that AMC Entertainment will report full year earnings of ($1.23) per share for the current year, with EPS estimates ranging from ($1.30) to ($1.08). For the next year, analysts expect that the business will post earnings of $0.30 per share, with EPS estimates ranging from $0.20 to $0.57. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow AMC Entertainment.

Several equities analysts have issued reports on AMC shares. Wedbush set a $19.00 target price on AMC Entertainment and gave the stock a “buy” rating in a research report on Monday, January 8th. B. Riley set a $31.00 target price on AMC Entertainment and gave the stock a “buy” rating in a research report on Wednesday, October 18th. Finally, Zacks Investment Research upgraded AMC Entertainment from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a research report on Tuesday, October 17th. Three analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $23.25.

AMC Entertainment (AMC) traded down $0.30 on Wednesday, reaching $13.45. The company’s stock had a trading volume of 2,101,528 shares, compared to its average volume of 1,993,162. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 2.01. The stock has a market cap of $1,773.89, a P/E ratio of -10.51 and a beta of 1.10. AMC Entertainment has a 12-month low of $10.80 and a 12-month high of $32.10.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Independent Advisor Alliance acquired a new position in AMC Entertainment during the 3rd quarter worth approximately $291,000. Aperio Group LLC acquired a new stake in shares of AMC Entertainment in the 3rd quarter worth approximately $440,000. Bank of Nova Scotia acquired a new stake in shares of AMC Entertainment in the 2nd quarter worth approximately $1,138,000. Corbyn Investment Management Inc. MD grew its holdings in shares of AMC Entertainment by 2.4% in the 3rd quarter. Corbyn Investment Management Inc. MD now owns 578,509 shares of the company’s stock worth $8,504,000 after acquiring an additional 13,755 shares during the period. Finally, Fondren Management LP acquired a new stake in shares of AMC Entertainment in the 2nd quarter worth approximately $1,138,000. Institutional investors own 47.62% of the company’s stock.

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About AMC Entertainment

AMC Entertainment Holdings, Inc is a holding company. The Company, through its subsidiaries, including AMC Entertainment Inc (AMCE), American Multi-Cinema, Inc (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business. It operates through theatrical exhibition operations segment. It licenses first-run motion pictures from distributors owned by film production companies and from independent distributors.

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Earnings History and Estimates for AMC Entertainment (NYSE:AMC)

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