AMC Networks Inc. (NASDAQ:AMCX)‘s stock had its “sell” rating reiterated by research analysts at Albert Fried & Company in a research report issued to clients and investors on Monday. They currently have a $37.00 price target on the stock. Albert Fried & Company’s price objective suggests a potential downside of 30.54% from the stock’s previous close.

A number of other research analysts have also commented on the stock. FBN Securities restated an “outperform” rating on shares of AMC Networks in a research note on Thursday, October 6th. Jefferies Group reiterated a “hold” rating on shares of AMC Networks in a research note on Monday, September 12th. Stifel Nicolaus lowered shares of AMC Networks from a “buy” rating to a “hold” rating and dropped their price target for the stock from $70.00 to $60.00 in a research note on Thursday, September 15th. Loop Capital reiterated a “hold” rating and set a $60.00 price target on shares of AMC Networks in a research note on Tuesday, September 6th. Finally, Zacks Investment Research upgraded shares of AMC Networks from a “sell” rating to a “hold” rating in a research note on Wednesday, August 10th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $71.08.

Analyst Recommendations for AMC Networks (NASDAQ:AMCX)

Shares of AMC Networks (NASDAQ:AMCX) opened at 53.27 on Monday. AMC Networks has a 12-month low of $46.17 and a 12-month high of $83.78. The firm’s 50-day moving average price is $51.11 and its 200-day moving average price is $56.41. The stock has a market cap of $3.75 billion, a price-to-earnings ratio of 11.24 and a beta of 0.99.

AMC Networks (NASDAQ:AMCX) last posted its quarterly earnings data on Thursday, November 3rd. The company reported $1.01 EPS for the quarter, missing analysts’ consensus estimates of $1.02 by $0.01. The business earned $634.60 million during the quarter, compared to analyst estimates of $660.58 million. AMC Networks had a net margin of 12.80% and a return on equity of 408.71%. The company’s revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.09 earnings per share. On average, analysts forecast that AMC Networks will post $5.70 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of AMCX. Condor Capital Management raised its position in shares of AMC Networks by 0.5% in the second quarter. Condor Capital Management now owns 10,537 shares of the company’s stock valued at $637,000 after buying an additional 49 shares during the period. BB&T Securities LLC raised its position in shares of AMC Networks by 1.4% in the second quarter. BB&T Securities LLC now owns 3,779 shares of the company’s stock valued at $228,000 after buying an additional 51 shares during the period. Northwestern Mutual Investment Management Company LLC raised its position in shares of AMC Networks by 0.5% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 10,564 shares of the company’s stock valued at $638,000 after buying an additional 56 shares during the period. First Citizens Bank & Trust Co. raised its position in shares of AMC Networks by 1.7% in the third quarter. First Citizens Bank & Trust Co. now owns 4,385 shares of the company’s stock valued at $227,000 after buying an additional 74 shares during the period. Finally, Utah Retirement Systems raised its position in shares of AMC Networks by 0.9% in the second quarter. Utah Retirement Systems now owns 10,816 shares of the company’s stock valued at $654,000 after buying an additional 100 shares during the period. 78.40% of the stock is owned by hedge funds and other institutional investors.

About AMC Networks

AMC Networks Inc is a holding company, which conducts all of its operations through its subsidiaries. The Company owns and operates entertainment businesses and assets. The Company operates through two segments: National Networks, and International and Other. The National Networks segment principally includes activities of its programming businesses, which include its programming networks distributed in the United States and Canada.

5 Day Chart for NASDAQ:AMCX

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