AMC Entertainment Holdings, Inc. (NYSE:AMC) Receives $4.76 Consensus PT from Analysts

Shares of AMC Entertainment Holdings, Inc. (NYSE:AMC) have been given an average recommendation of “Reduce” by the eight ratings firms that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $4.76.

A number of research analysts have recently issued reports on AMC shares. Roth Capital set a $3.25 price target on shares of AMC Entertainment in a research report on Tuesday, February 4th. Benchmark restated a “hold” rating on shares of AMC Entertainment in a research note on Monday, March 3rd. Macquarie reaffirmed a “neutral” rating and set a $4.00 target price on shares of AMC Entertainment in a report on Wednesday, February 26th. StockNews.com raised AMC Entertainment to a “sell” rating in a report on Saturday, February 22nd. Finally, Roth Mkm upgraded AMC Entertainment from a “sell” rating to a “neutral” rating and lowered their price objective for the stock from $4.00 to $3.25 in a research note on Tuesday, February 4th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. California State Teachers Retirement System lifted its holdings in AMC Entertainment by 22.6% in the fourth quarter. California State Teachers Retirement System now owns 346,641 shares of the company’s stock worth $1,380,000 after purchasing an additional 63,896 shares during the period. Jefferies Financial Group Inc. raised its position in shares of AMC Entertainment by 107.8% during the 4th quarter. Jefferies Financial Group Inc. now owns 136,514 shares of the company’s stock worth $543,000 after buying an additional 70,814 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of AMC Entertainment by 46.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 545,441 shares of the company’s stock worth $2,171,000 after acquiring an additional 173,849 shares during the period. Two Sigma Advisers LP boosted its holdings in shares of AMC Entertainment by 13.7% in the fourth quarter. Two Sigma Advisers LP now owns 81,568 shares of the company’s stock valued at $325,000 after acquiring an additional 9,847 shares in the last quarter. Finally, Tidal Investments LLC increased its stake in shares of AMC Entertainment by 15.7% during the fourth quarter. Tidal Investments LLC now owns 28,581 shares of the company’s stock valued at $114,000 after acquiring an additional 3,885 shares during the period. Institutional investors own 28.80% of the company’s stock.

AMC Entertainment Price Performance

Shares of AMC opened at $2.67 on Monday. AMC Entertainment has a 12-month low of $2.38 and a 12-month high of $11.88. The business’s fifty day moving average price is $3.13 and its 200 day moving average price is $3.87. The stock has a market capitalization of $1.15 billion, a PE ratio of -1.66 and a beta of 1.91.

AMC Entertainment Company Profile

AMC Entertainment Holdings, Inc, through its subsidiaries, engages in the theatrical exhibition business. It owns, operates, or has interests in theatres in the United States and Europe. The company was founded in 1920 and is headquartered in Leawood, Kansas.