AMC Entertainment (AMC) Stock Price, News & Analysis

Company Overview

AMC Entertainment Holdings, Inc., is the world’s largest movie theater chain with over 11,000 screens. The company was founded in 1920 by the Dubinsky Family and is headquartered in Leawood, Kansas. The company has been in business for over 90 years but went public in 2013 after getting bought out by an investment group seeking to boost the company’s global presence. That investment group, Beijing-based Wanda Group, is still the company's largest shareholder.

1962 is marks a major milestone for the company because it is taken over by Stanley Durwood who embarks on a mission of rapid expansion. The company now commands more than 30% of the global market share with only 5% of the total screens and it has been a ground-breaking business in many respects.

The addition of snacks and drinks to the offering was a major boost to revenue. As of mid-2022, F&B is the second largest source of income for the company after box-office sales and accounts for roughly 28% of the revenue. Among the many innovations are the world’s first multiplex (a location with more than one screen), the addition of cup holders to the chairs in 1981, and a website with showtimes and listings nationally. The company made headlines again in 2011 with the launch of its STUBS rewards program, a premier program that offers discounts and other deals to its members.

Today, the chain is home to all of the top movies and offers attractions like IMA, Dolby Surround Sound, PRIME, 3-D features, Plush Power Recliners, and Dreamscape as well as full restaurants in many locations. In addition to entertainment, AMC Entertainment has a number of options for businesses and organizations that include big-screen supported meetings and events.

AMC Entertainment Holdings, Inc owns, operates, or has an interest in cinema theatres in the United States and Europe but has also expanded into digital and streaming media. In 2000, the company partnered to offer the first online ticket sales and expands it to all theaters, even Empire 25 in New York, the world’s busiest movie theater. In regard to market dominance, AMC Entertainment operates 22 of the US 50 busiest movie theaters and 4 of the top 5. Later, the company announced the launch of streaming services in 2019 and listed thousands of titles across a wide spectrum of genres and categories by mid-2022.

Written by Jeffrey Neal Johnson

Key Stats

• Today's Range: $4.04 to $4.21
• 50-Day Range: $4.05 to $5.20
• 52-Week Range: $2.38 to $11.88
• Volume: 22.67 million shs
• Average Volume: 25.27 million shs
• Market Capitalization: $1.57 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.44
• Consensus Rating: Reduce

AMC Entertainment Stock Analysis - MarketRank™

AMC Entertainment scored higher than 65% of companies evaluated by MarketBeat, and ranked 128th out of 287 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.8 / 5
• Analyst Rating: Reduce

Consensus Rating

AMC Entertainment has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 3 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

AMC Entertainment has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for AMC Entertainment are expected to grow in the coming year, from ($1.41) to ($0.56) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AMC Entertainment is -2.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of AMC Entertainment is -2.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

13.00% of the float of AMC Entertainment has been sold short.

Short Interest Ratio / Days to Cover

AMC Entertainment has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in AMC Entertainment has recently decreased by 0.70%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

AMC Entertainment does not currently pay a dividend.

Dividend Growth

AMC Entertainment does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.5 / 5
• Environmental Score: -2.21

Percentage of Shares Shorted

13.00% of the float of AMC Entertainment has been sold short.

Short Interest Ratio / Days to Cover

AMC Entertainment has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in AMC Entertainment has recently decreased by 0.70%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.86

News Sentiment

AMC Entertainment has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for AMC Entertainment this week, compared to 21 articles on an average week.

Search Interest

95 people have searched for AMC on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.

MarketBeat Follows

27 people have added AMC Entertainment to their MarketBeat watchlist in the last 30 days. This is an increase of 29% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, AMC Entertainment insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.32% of the stock of AMC Entertainment is held by insiders.

Percentage Held by Institutions

Only 28.80% of the stock of AMC Entertainment is held by institutions.

AMC Stock Analysis - Frequently Asked Questions

How have AMC shares performed this year?

AMC Entertainment's stock was trading at $6.12 at the beginning of 2024. Since then, AMC stock has decreased by 31.7% and is now trading at $4.18.
View the best growth stocks for 2024 here.

How were AMC Entertainment's earnings last quarter?

AMC Entertainment Holdings, Inc. (NYSE:AMC) announced its earnings results on Wednesday, November, 6th. The company reported ($0.04) earnings per share for the quarter, topping analysts' consensus estimates of ($0.07) by $0.03. The firm's quarterly revenue was down 4.1% compared to the same quarter last year.

When did AMC Entertainment's stock split?

Shares of AMC Entertainment reverse split before market open on Thursday, August 24th 2023. The 1-10 reverse split was announced on Monday, August 14th 2023. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, August 23rd 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are AMC Entertainment's major shareholders?

AMC Entertainment's top institutional investors include Geode Capital Management LLC (2.23%), State Street Corp (2.03%), Charles Schwab Investment Management Inc. (1.03%) and Whitebox Advisors LLC. Insiders that own company stock include Antara Capital Lp, Howard Winchel Koch Jr, Sean D Goodman, Chris A Cox, Lee Wittlinger, Adam M Aron, Kevin M Connor, Elizabeth F Frank, Daniel E Ellis, John D Mcdonald and Stephen A Colanero.
View institutional ownership trends.

How do I buy shares of AMC Entertainment?

Shares of AMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of AMC Entertainment own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AMC Entertainment investors own include BMO Capital Markets (), Stifel Nicolaus (), Wunderlich (), Standpoint Research (), Duncan Williams (), Soleil Securities () and Sterne Agee CRT ().

Company Calendar

• Last Earnings: 11/06/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Motion picture theaters
• Sub-Industry: Entertainment
• Current Symbol: NYSE:AMC
• CUSIP: N/A
• CIK: 1411579
• Web: www.amctheatres.com
• Phone: (913) 213-2000
• Fax: 816-480-4617
• Employees: 33,812
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $5.44
• High Stock Price Target: $10.00
• Low Stock Price Target: $3.20
• Potential Upside/Downside: +30.1%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.61)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-396,600,000.00
• Net Margins: -9.00%
• Pretax Margin: -8.99%
• Return on Equity: N/A
• Return on Assets: -5.53%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.50
• Quick Ratio: 0.50

Sales & Book Value

• Annual Sales: $4.44 billion
• Price / Sales: 0.35
• Cash Flow: $0.00 per share
• Price / Cash Flow: 5,667.16
• Book Value: ($7.09) per share
• Price / Book: -0.59

Miscellaneous

• Outstanding Shares: 375,680,000
• Free Float: 374,478,000
• Market Cap: $1.57 billion
• Optionable: Optionable
• Beta: 1.85