Thursday, November 26, 2020

AMC Entertainment Holdings Inc. [AMC] is -18.65% lower this YTD. Is it still time to buy?

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AMC Entertainment Holdings Inc. [NYSE: AMC] traded at a high on 06/12/20, posting a 13.93 gain after which it closed the day’ session at $5.89. The results of the trading session contributed to over 6473068 shares changing hands. Over the past one week, the price volatility of AMC Entertainment Holdings Inc. stands at 13.16% while the volatility over the past one month is 9.72%.

The market cap for AMC stock reached $539.29 million, with 104.25 million shares outstanding and 51.43 million shares in the current float. Compared to the average trading volume of 9.85M shares, AMC reached a trading volume of 6473068 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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What do top market gurus say about AMC Entertainment Holdings Inc. [AMC]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMC shares is $4.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMC stock is a recommendation set at 3.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

MKM Partners have made an estimate for AMC Entertainment Holdings Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 27, 2020. The new note on the price target was released on April 23, 2020, representing the official price target for AMC Entertainment Holdings Inc. stock. Previously, the target price had yet another raise from $0.25 to $4, while B. Riley FBR kept a Neutral rating on AMC stock. On April 15, 2020, analysts decreased their price target for AMC shares from 7 to 2.

The Average True Range (ATR) for AMC Entertainment Holdings Inc. is set at 0.71, with the Price to Sales ratio for AMC stock in the period of the last 12 months amounting to 0.10.

How has AMC stock performed recently?

AMC Entertainment Holdings Inc. [AMC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.34. With this latest performance, AMC shares gained by 28.04% in over the last four-week period, additionally sinking by -27.82% over the last 6 months – not to mention a drop of -46.21% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMC stock in for the last two-week period is set at 58.84, with the RSI for the last a single of trading hit 56.19, and the three-weeks RSI is set at 56.95 for AMC Entertainment Holdings Inc. [AMC]. The present Moving Average for the last 50 days of trading for this stock 4.25, while it was recorded at 5.96 for the last single week of trading, and 6.98 for the last 200 days.

AMC Entertainment Holdings Inc. [AMC]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and AMC Entertainment Holdings Inc. [AMC] shares currently have an operating margin of +4.31 and a Gross Margin at +24.80. AMC Entertainment Holdings Inc.’s Net Margin is presently recorded at -2.73.

Return on Total Capital for AMC is now 2.58, given the latest momentum, and Return on Invested Capital for the company is -1.70. Return on Equity for this stock declined to -11.42, with Return on Assets sitting at -1.29. When it comes to the capital structure of this company, AMC Entertainment Holdings Inc. [AMC] has a Total Debt to Total Equity ratio set at 852.65. Additionally, AMC Total Debt to Total Capital is recorded at 89.50, with Total Debt to Total Assets ending up at 75.70. Long-Term Debt to Equity for the company is recorded at 801.91, with the Long-Term Debt to Total Capital now at 84.18.

Reflecting on the efficiency of the workforce at the company, AMC Entertainment Holdings Inc. [AMC] managed to generate an average of -$3,836 per employee. Receivables Turnover for the company is 19.89 with a Total Asset Turnover recorded at a value of 0.47.AMC Entertainment Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.30.

Earnings analysis for AMC Entertainment Holdings Inc. [AMC]

With the latest financial reports released by the company, AMC Entertainment Holdings Inc. posted 0.17/share EPS, while the average EPS was predicted by analysts to be reported at 0.16/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 6.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AMC.

Insider trade positions for AMC Entertainment Holdings Inc. [AMC]

There are presently around $229 million, or 77.80% of AMC stock, in the hands of institutional investors. The top three institutional holders of AMC stocks are: GREENVALE CAPITAL LLP with ownership of 8,656,254, which is approximately 162.311% of the company’s market cap and around 2.50% of the total institutional ownership; VANGUARD GROUP INC, holding 4,984,887 shares of the stock with an approximate value of $29.36 million in AMC stocks shares; and BLACKROCK INC., currently with $20.07 million in AMC stock with ownership of nearly -7.599% of the company’s market capitalization.

Positions in AMC Entertainment Holdings Inc. stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 72 institutional holders increased their position in AMC Entertainment Holdings Inc. [NYSE:AMC] by around 9,530,588 shares. Additionally, 99 investors decreased positions by around 18,595,647 shares, while 17 investors held positions by with 10,807,215 shares. The mentioned changes placed institutional holdings at 38,933,450 shares, according to the latest SEC report filing. AMC stock had 29 new institutional investments in for a total of 2,098,276 shares, while 49 institutional investors sold positions of 10,276,520 shares during the same period.

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