AMC Networks (AMCX) Stock Price, News & Analysis

Company Overview

AMC Networks Inc., an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences, a platform to distributors, and advertisers in the United States, Europe, and internationally. The company operates through Domestic Operations, and International and Other segments. The Domestic Operations segment operates various national programming networks, including the AMC, We tv, BBC AMERICA, IFC, and SundanceTV; provides subscription streaming services comprising Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE, as well as AMC+ and other streaming initiatives; and engages in film distribution business under the IFC Films, RLJ Entertainment Films, and Shudder name. This segment also produces and licenses original programming for various programming networks, as well as services the programming networks. The International and Other segment operates a portfolio of channels under the AMCNI name; and production and comedy venues activities under the Levity name. AMC Networks Inc. was founded in 1980 and is headquartered in New York, New York.

Key Stats

• Today's Range: $9.06 to $9.51
• 50-Day Range: $7.66 to $9.92
• 52-Week Range: $7.08 to $19.55
• Volume: 1.26 million shs
• Average Volume: 1.03 million shs
• Market Capitalization: $413.41 million
• P/E Ratio: 14.87
• Dividend Yield: N/A
• Price Target: $8.50
• Consensus Rating: Hold

AMC Networks Stock Analysis - MarketRank™

AMC Networks scored higher than 62% of companies evaluated by MarketBeat, and ranked 133rd 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: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

AMC Networks has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, no hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

AMC Networks has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -22.98%

Earnings Growth

Earnings for AMC Networks are expected to decrease by -22.98% in the coming year, from $4.09 to $3.15 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AMC Networks is 14.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.46.

Price to Earnings Ratio vs. Sector

The P/E ratio of AMC Networks is 14.87, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.33.

Price to Book Value per Share Ratio

AMC Networks has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

19.05% of the float of AMC Networks has been sold short.

Short Interest Ratio / Days to Cover

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

Change versus previous month

Short interest in AMC Networks has recently decreased by 5.20%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

AMC Networks does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: 2.5 / 5
• Environmental Score: -0.49

Percentage of Shares Shorted

19.05% of the float of AMC Networks has been sold short.

Short Interest Ratio / Days to Cover

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

Change versus previous month

Short interest in AMC Networks has recently decreased by 5.20%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.38

News Sentiment

AMC Networks has a news sentiment score of 0.38. 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 lower news sentiment than the 0.64 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for AMC Networks this week, compared to 4 articles on an average week.

Search Interest

2 people have searched for AMCX on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

25.87% of the stock of AMC Networks is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

78.51% of the stock of AMC Networks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AMCX Stock Analysis - Frequently Asked Questions

How have AMCX shares performed this year?

AMC Networks' stock was trading at $18.79 on January 1st, 2024. Since then, AMCX shares have decreased by 50.1% and is now trading at $9.37.
View the best growth stocks for 2024 here.

How were AMC Networks' earnings last quarter?

AMC Networks Inc. (NASDAQ:AMCX) announced its quarterly earnings results on Friday, November, 8th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.29. The company's revenue for the quarter was down 5.9% compared to the same quarter last year.

Who are AMC Networks' major shareholders?

AMC Networks' top institutional shareholders include Charles Schwab Investment Management Inc. (2.22%), State Street Corp (1.82%), Geode Capital Management LLC (1.76%) and Barclays PLC (1.26%). Insiders that own company stock include James Gallagher, Joshua W Sapan, Matthew Blank, Kimberly Kelleher, Patrick O'connell and Michael J Sherin III.
View institutional ownership trends.

How do I buy shares of AMC Networks?

Shares of AMCX 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 Networks own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AMC Networks investors own include Meta Platforms (META), Netflix (NFLX), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Intel (INTC), NVIDIA (NVDA) and AT&T (T).

Company Calendar

• Last Earnings: 11/08/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Cable & other pay television services
• Sub-Industry: Cable & Satellite
• Current Symbol: NASDAQ:AMCX
• CUSIP: 00164V10
• CIK: 1514991
• Web: www.amcnetworks.com
• Phone: (212) 324-8500
• Fax: 302-636-5454
• Employees: 1,900
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $8.50
• High Stock Price Target: $9.00
• Low Stock Price Target: $8.00
• Potential Upside/Downside: -9.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.63
• Trailing P/E Ratio: 14.87
• Forward P/E Ratio: 2.29
• P/E Growth: N/A
• Net Income: $215.46 million
• Net Margins: 1.45%
• Pretax Margin: 3.92%
• Return on Equity: 17.41%
• Return on Assets: 3.92%

Debt

• Debt-to-Equity Ratio: 2.03
• Current Ratio: 2.32
• Quick Ratio: 2.32

Sales & Book Value

• Annual Sales: $2.50 billion
• Price / Sales: 0.17
• Cash Flow: $31.23 per share
• Price / Cash Flow: 0.30
• Book Value: $24.65 per share
• Price / Book: 0.38

Miscellaneous

• Outstanding Shares: 44,121,000
• Free Float: 32,707,000
• Market Cap: $413.41 million
• Optionable: Optionable
• Beta: 1.34