Brokerages predict that AMC NETWORKS INC Common Stock (NASDAQ:AMCX) will report earnings per share (EPS) of $1.84 for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for AMC NETWORKS INC Common Stock’s earnings, with estimates ranging from $1.68 to $2.02. AMC NETWORKS INC Common Stock reported earnings of $1.68 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 9.5%. The business is scheduled to issue its next quarterly earnings report on Thursday, November 1st.

On average, analysts expect that AMC NETWORKS INC Common Stock will report full year earnings of $8.34 per share for the current year, with EPS estimates ranging from $7.99 to $8.82. For the next year, analysts forecast that the firm will report earnings of $9.08 per share, with EPS estimates ranging from $8.19 to $10.50. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that that provide coverage for AMC NETWORKS INC Common Stock.

AMC NETWORKS INC Common Stock (NASDAQ:AMCX) last posted its quarterly earnings data on Thursday, August 2nd. The company reported $1.93 EPS for the quarter, missing analysts’ consensus estimates of $2.09 by ($0.16). AMC NETWORKS INC Common Stock had a return on equity of 278.30% and a net margin of 17.22%. The firm had revenue of $761.39 million during the quarter, compared to analyst estimates of $731.99 million. During the same period in the prior year, the business posted $1.88 EPS. The company’s revenue for the quarter was up 7.2% on a year-over-year basis.

A number of equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of AMC NETWORKS INC Common Stock from a “buy” rating to a “hold” rating in a research note on Monday, August 6th. ValuEngine lowered shares of AMC NETWORKS INC Common Stock from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 26th. BidaskClub lowered shares of AMC NETWORKS INC Common Stock from a “hold” rating to a “sell” rating in a research note on Wednesday, July 25th. Imperial Capital assumed coverage on shares of AMC NETWORKS INC Common Stock in a research note on Thursday, July 19th. They set an “in-line” rating and a $65.00 target price for the company. Finally, Guggenheim reissued a “hold” rating and set a $58.00 target price on shares of AMC NETWORKS INC Common Stock in a research note on Friday, July 13th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $61.80.

AMC NETWORKS INC Common Stock stock traded down $0.08 during midday trading on Tuesday, reaching $60.37. The stock had a trading volume of 6,735 shares, compared to its average volume of 723,597. The firm has a market capitalization of $3.43 billion, a price-to-earnings ratio of 8.19, a P/E/G ratio of 1.01 and a beta of 0.78. AMC NETWORKS INC Common Stock has a twelve month low of $46.89 and a twelve month high of $69.02. The company has a debt-to-equity ratio of 16.00, a quick ratio of 2.46 and a current ratio of 2.46.

In related news, EVP James Gallagher sold 2,300 shares of AMC NETWORKS INC Common Stock stock in a transaction on Monday, June 18th. The shares were sold at an average price of $67.01, for a total value of $154,123.00. Following the completion of the sale, the executive vice president now owns 15,003 shares of the company’s stock, valued at approximately $1,005,351.03. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Edward A. Carroll sold 11,700 shares of AMC NETWORKS INC Common Stock stock in a transaction on Monday, June 18th. The shares were sold at an average price of $66.72, for a total transaction of $780,624.00. Following the completion of the sale, the chief operating officer now directly owns 42,868 shares of the company’s stock, valued at approximately $2,860,152.96. The disclosure for this sale can be found here. Company insiders own 20.97% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. acquired a new stake in shares of AMC NETWORKS INC Common Stock in the 1st quarter valued at $120,000. Advisors Preferred LLC lifted its stake in shares of AMC NETWORKS INC Common Stock by 265.9% in the 2nd quarter. Advisors Preferred LLC now owns 2,009 shares of the company’s stock valued at $125,000 after purchasing an additional 1,460 shares during the last quarter. Wrapmanager Inc. acquired a new stake in shares of AMC NETWORKS INC Common Stock in the 1st quarter valued at $207,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of AMC NETWORKS INC Common Stock in the 2nd quarter valued at $213,000. Finally, Weik Capital Management acquired a new stake in shares of AMC NETWORKS INC Common Stock in the 1st quarter valued at $216,000. 86.78% of the stock is owned by institutional investors and hedge funds.

AMC NETWORKS INC Common Stock Company Profile

AMC Networks Inc owns and operates various cable television's brands delivering content to audiences, and a platform to distributors and advertisers in the United States and internationally. The company operates in two segments, National Networks; and International and Other. The National Networks segment operates five distributed entertainment programming networks under the AMC, WE tv, BBC AMERICA, IFC, and SundanceTV names in high definition and standard definition formats.

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Earnings History and Estimates for AMC NETWORKS INC Common Stock (NASDAQ:AMCX)

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