AMC Entertainment Holdings, Inc (AMC) Reaches 52-Week High

AMC Entertainment Holdings (AMC) Touches $14.80 Low on Aug, 10; Lion Biotechnologies (LBIO) Has 1.42 Sentiment
What Does Insider Trading Tell Us About AMC Entertainment Holdings (AMC)?
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12 August, 2017

The stock of AMC Entertainment Holdings Inc (NYSE:AMC) earned "Outperform" rating by FBR Capital on Monday, April 3. Citigroup Inc. now has a $30.00 price objective on the stock, down from their previous price objective of $35.00.

AMC Entertainment Holdings, Inc recently declared a dividend that will be paid on Monday the 25th of September 2017.

A number of other brokerages have also commented on AMC. Zacks Investment Research raised AMC Entertainment Holdings from a hold rating to a strong-buy rating and set a $35.00 price objective for the company in a report on Wednesday, April 12th.

Shares of Amc Entertainment Holdings Inc (NYSE:AMC) now have an Average Brokerage Recommendation of 1.9, number of Recs in ABR is 9 while industry rank of the company by ABR is out of 265. Loop Capital restated a buy rating and set a $39.00 target price on shares of AMC Entertainment Holdings in a research report on Monday, July 10th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the stock. On July 18 Credit Suisse maintained a stock rating of "Underperform" but moved down the price target from $34.00 to $17.00.

AMC Entertainment Holdings disclosed that its Board of Directors has authorized a share repurchase plan on Early Thur, Aug 3rd that allows The corporation to repurchase $100.00 M in Stocks. The firm has a 50-day moving average price of $20.21 and a 200-day moving average price of $26.86. AMC Entertainment Holdings has a 12 month low of $19.65 and a 12 month high of $35.65. Market capitalization is the total value of any firm in the stock market. (NYSE:AMC) from a hold rating to a sell rating in a report published on Tuesday, July 11th. After $0.58 actual earnings per share reported by Kroger Co for the previous quarter, Wall Street now forecasts -29.31% negative EPS growth. Moreover, Federated Pa has 0.01% invested in AMC Entertainment Holdings Inc (NYSE:AMC). (NYSE:AMC) will report sales of $1.28 billion for the current quarter, Zacks reports. During the same quarter previous year, the firm posted $0.24 EPS.

In the latest earnings report the EPS was $-0.96 and is projected to be $-1.04 for the current year with 130,792,000 shares outstanding. (AMC), a part of Services sector and belongs to Movie Production, Theaters industry; ended its day with loss -6.77% and finalized at the price of $14.45. If you are reading this report on another website, it was copied illegally and reposted in violation of United States & worldwide trademark & copyright laws. The original version of this news story can be viewed at https://www.themarketsdaily.com/2017/08/12/wedbush-reaffirms-buy-rating-for-amc-entertainment-holdings-inc-amc.html.

Shares of AMC Entertainment Holdings (AMC) opened at 16.25 on Wednesday. This repurchase authorization allows the company to repurchase up to 58% of its shares through open market purchases. News about a company's financial status, products, or plans, whether positive or negative, will typically result in a temporary increase in the trade volume of its stock. Stockholders of record on Monday, September 11th will be given a $0.20 dividend. The ex-dividend date will be on Thursday June 1st, 2017. This represents a $0.80 annualized dividend and a dividend yield of 5.16%. AMC Entertainment Holdings's dividend payout ratio (DPR) is -125.00%. Also, SVP Kevin M. Connor acquired 4,000 shares of the business's stock in a transaction dated Thursday, June 8th. The shares were purchased at an average cost of $23.52 per share, for a total transaction of $94,080.00. Following the completion of the purchase, the senior vice president now owns 40,705 shares in the company, valued at approximately $957,381.60. The bought was announced in a document with the SEC which is available at the Security and Exchange Commission website.

Separately, Chief Executive Officer Adam M. Aron bought 10,000 stocks of the shares in a trade on early Fri, Jun 2nd. the share was acquired at a consensus price of $24.72 for a share, amounting $247,200.00. after the acquisition, the CEO has an ownership of 90,426 company stock worth at roughly $2,235,330.72. The disclosure for this bought can be found here. The company's stock had a trading volume of 3,632,723 shares. Previously Amc Entertainment Holdings Inc (NYSE:AMC) reported $-1.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $-1.34 by $-0.01 with surprise factor of -0.7%. Boston Advisors LLC now owns 162,900 shares of the company's stock valued at $5,123,000 after buying an additional 36,780 shares during the period. Finally, Russell Investments Group Ltd. acquired a new position in AMC Entertainment Holdings during the fourth quarter valued at approximately $275,000.

Insider Trading Activity for AMC Entertainment Holdings, Inc. Parametric Portfolio Associates LLC controls 249,976 shares with a value of $5,687,000. Nisa Investment Advisors LLC now owns 7,170 shares of the company's stock worth $163,000 after buying an additional 6,800 shares in the last quarter. Institutional investors and hedge funds own 42.02% of the company's stock.

Iovance Biotherapeutics, Inc., formerly Lion Biotechnologies, Inc., is a clinical-stage biopharmaceutical company. The Company, through its subsidiaries, including AMC Entertainment Inc., American Multi-Cinema, Inc. (OpCo) and its subsidiaries, is involved in the theatrical exhibition business.


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