AMC Networks Inc. [NASDAQ: AMCX] plunged by -$6.86 during the normal trading session on Friday and reaching a high of $59.94 during the day while it closed the day at $54.01. The company report on February 26, 2021 that AMC Networks Inc. Reports Full Year and Fourth Quarter 2020 Results.
Company surpasses streaming subscriber targets, ending 2020 with more than 6 million aggregate AMC Networks Streaming Services subscribers1.
2020 full year net cash provided by operating activities of $749 million; generated Free Cash Flow2 of $686 million in 2020.
AMC Networks Inc. stock has also loss -22.03% of its value over the past 7 days. However, AMCX stock has inclined by 60.10% in the 3 months of the year. Over the past six months meanwhile, it has gained 128.28% and gained 50.99% year-on date.
The market cap for AMCX stock reached $2.52 billion, with 43.94 million shares outstanding and 27.64 million shares in the current float. Compared to the average trading volume of 1.30M shares, AMCX reached a trading volume of 2510398 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about AMC Networks Inc. [AMCX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMCX shares is $51.99 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMCX stock is a recommendation set at 3.20. 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.
Wells Fargo have made an estimate for AMC Networks Inc. shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on March 26, 2021. The new note on the price target was released on January 28, 2021, representing the official price target for AMC Networks Inc. stock. Previously, the target price had yet another raise to $20, while JP Morgan analysts kept a Underweight rating on AMCX stock.
The Average True Range (ATR) for AMC Networks Inc. is set at 5.56, with the Price to Sales ratio for AMCX stock in the period of the last 12 months amounting to 0.90. The Price to Book ratio for the last quarter was 3.85, with the Price to Cash per share for the same quarter was set at 19.01. Price to Free Cash Flow for AMCX in the course of the last twelve months was 3.59 with Quick ratio for the last quarter at 2.20.
AMCX stock trade performance evaluation
AMC Networks Inc. [AMCX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -22.03. With this latest performance, AMCX shares gained by 1.77% in over the last four-week period, additionally plugging by 128.28% over the last 6 months – not to mention a rise of 108.94% 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 AMCX stock in for the last two-week period is set at 36.33, with the RSI for the last a single of trading hit 25.27, and the three-weeks RSI is set at 43.13 for AMC Networks Inc. [AMCX]. The present Moving Average for the last 50 days of trading for this stock 57.31, while it was recorded at 61.86 for the last single week of trading, and 34.34 for the last 200 days.
AMC Networks Inc. [AMCX]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and AMC Networks Inc. [AMCX] shares currently have an operating margin of +25.16 and a Gross Margin at +50.34. AMC Networks Inc.’s Net Margin is presently recorded at +8.53.
Return on Total Capital for AMCX is now 16.91, given the latest momentum, and Return on Invested Capital for the company is 6.40. Return on Equity for this stock inclined to 37.42, with Return on Assets sitting at 4.43. When it comes to the capital structure of this company, AMC Networks Inc. [AMCX] has a Total Debt to Total Equity ratio set at 498.71. Additionally, AMCX Total Debt to Total Capital is recorded at 83.30, with Total Debt to Total Assets ending up at 58.63. Long-Term Debt to Equity for the company is recorded at 481.29, with the Long-Term Debt to Total Capital now at 80.39.
Reflecting on the efficiency of the workforce at the company, AMC Networks Inc. [AMCX] managed to generate an average of $119,870 per employee. Receivables Turnover for the company is 3.34 with a Total Asset Turnover recorded at a value of 0.52.AMC Networks Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.20 and a Current Ratio set at 2.20.
Earnings per share (EPS) analysis for AMC Networks Inc. [AMCX] stock
With the latest financial reports released by the company, AMC Networks Inc. posted 1.47/share EPS, while the average EPS was predicted by analysts to be reported at 1.84/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -20.10%. 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 AMCX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for AMC Networks Inc. go to -12.20%.
AMC Networks Inc. [AMCX]: Insider Ownership positions
There are presently around $2,158 million, in the hands of institutional investors. The top three institutional holders of AMCX stocks are: CLEARBRIDGE INVESTMENTS, LLC with ownership of 4,905,426, which is approximately -3.877% of the company’s market cap and around 2.90% of the total institutional ownership; BLACKROCK INC., holding 4,525,280 shares of the stock with an approximate value of $244.41 million in AMCX stocks shares; and SHAPIRO CAPITAL MANAGEMENT LLC, currently with $164.31 million in AMCX stock with ownership of nearly -16.394% of the company’s market capitalization.
Positions in AMC Networks Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 117 institutional holders increased their position in AMC Networks Inc. [NASDAQ:AMCX] by around 4,902,079 shares. Additionally, 155 investors decreased positions by around 12,008,268 shares, while 32 investors held positions by with 23,038,739 shares. The mentioned changes placed institutional holdings at 39,949,086 shares, according to the latest SEC report filing. AMCX stock had 52 new institutional investments in for a total of 1,090,235 shares, while 54 institutional investors sold positions of 4,167,929 shares during the same period.