AMC Entertainment Holdings Inc. (NYSE:AMC) – Equities researchers at Barrington Research lifted their FY2017 EPS estimates for AMC Entertainment Holdings in a note issued to investors on Monday. Barrington Research analyst J. Goss now forecasts that the firm will post earnings per share of $1.35 for the year, up from their previous estimate of $1.30.

AMC Entertainment Holdings (NYSE:AMC) last issued its quarterly earnings results on Monday, August 1st. The company reported $0.24 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by $0.03. AMC Entertainment Holdings had a net margin of 3.53% and a return on equity of 6.83%. The business earned $764 million during the quarter, compared to analysts’ expectations of $772.99 million. During the same period in the prior year, the business earned $0.45 EPS. The business’s quarterly revenue was down 7.0% on a year-over-year basis.

Earnings History and Estimates for AMC Entertainment Holdings (NYSE:AMC)

Other equities analysts have also recently issued research reports about the stock. B. Riley cut shares of AMC Entertainment Holdings to a “buy” rating and set a $34.75 target price for the company. in a research report on Tuesday, June 21st. Credit Suisse Group AG restated an “outperform” rating and set a $34.00 target price on shares of AMC Entertainment Holdings in a research report on Sunday, June 12th. FBR & Co lifted their target price on shares of AMC Entertainment Holdings from $36.00 to $40.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 26th. MKM Partners boosted their price objective on shares of AMC Entertainment Holdings from $33.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, July 25th. Finally, Wedbush reissued an “outperform” rating and issued a $33.00 price objective on shares of AMC Entertainment Holdings in a research report on Friday, July 15th. Two equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. AMC Entertainment Holdings currently has a consensus rating of “Buy” and an average price target of $32.50.

Shares of AMC Entertainment Holdings (NYSE:AMC) traded down 0.37% during trading on Wednesday, reaching $32.34. 61,292 shares of the company’s stock traded hands. The stock has a 50-day moving average of $30.88 and a 200-day moving average of $29.04. The company has a market capitalization of $3.15 billion, a price-to-earnings ratio of 29.94 and a beta of 1.56. AMC Entertainment Holdings has a 1-year low of $19.28 and a 1-year high of $32.83.

The firm also recently declared a quarterly dividend, which was paid on Monday, September 19th. Investors of record on Tuesday, September 6th were issued a $0.20 dividend. The ex-dividend date was Thursday, September 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.46%. AMC Entertainment Holdings’s dividend payout ratio is 74.77%.

In other AMC Entertainment Holdings news, CEO Adam M. Aron purchased 10,000 shares of the business’s stock in a transaction that occurred on Monday, August 8th. The stock was acquired at an average cost of $28.80 per share, with a total value of $288,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 20,000 shares of the company’s stock, valued at approximately $576,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.29% of the stock is owned by corporate insiders.

A number of hedge funds have recently made changes to their positions in AMC. Emerald Acquisition Ltd. purchased a new stake in shares of AMC Entertainment Holdings during the second quarter valued at $7,395,000. Rothschild Asset Management Inc. boosted its stake in shares of AMC Entertainment Holdings by 68.6% in the second quarter. Rothschild Asset Management Inc. now owns 142,389 shares of the company’s stock valued at $3,931,000 after buying an additional 57,911 shares in the last quarter. Swiss National Bank boosted its stake in shares of AMC Entertainment Holdings by 2.1% in the second quarter. Swiss National Bank now owns 33,400 shares of the company’s stock valued at $922,000 after buying an additional 700 shares in the last quarter. California State Teachers Retirement System boosted its stake in shares of AMC Entertainment Holdings by 1.0% in the second quarter. California State Teachers Retirement System now owns 45,389 shares of the company’s stock valued at $1,253,000 after buying an additional 432 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of AMC Entertainment Holdings by 4.5% in the second quarter. Bank of New York Mellon Corp now owns 204,604 shares of the company’s stock valued at $5,648,000 after buying an additional 8,857 shares in the last quarter. 21.59% of the stock is owned by hedge funds and other institutional investors.

AMC Entertainment Holdings Company Profile

AMC Entertainment Holdings, Inc is a holding company. The Company, through its subsidiaries, including AMC Entertainment Inc (AMCE), American Multi-Cinema, Inc (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business. The Company operates through theatrical exhibition operations segment.

5 Day Chart for NYSE:AMC

Receive News & Stock Ratings for AMC Entertainment Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMC Entertainment Holdings Inc. and related stocks with our FREE daily email newsletter.