Several analysts have recently updated their ratings and price targets for Amc Networks (NASDAQ: AMCX):

  • 11/4/2019 – Amc Networks was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “AMC Networks Inc. is engaged in producing programming and movie content. It owns and operates various cable televisions. Its programming networks include AMC, IFC, Sundance Channel, WE tv, and IFC films. The AMC is a television network which focuses on the original programming and movie-based entertainment. IFC creates long and short-form content inspired by music, web, gaming, animation, news, and culture. The Sundance Channel is the television destination for independent-minded viewers. The WE tv is the women’s network specially devoted to the relationships during life’s defining moments. The IFC films consist of multiple brands that bring specialty films to the largest possible audience. AMC Networks Inc. is headquartered in New York, New York. “
  • 11/4/2019 – Amc Networks had its price target lowered by analysts at Deutsche Bank AG from $60.00 to $49.00. They now have a “hold” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 11/1/2019 – Amc Networks was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $50.00 price target on the stock. According to Zacks, “AMC Networks Inc. is engaged in producing programming and movie content. It owns and operates various cable televisions. Its programming networks include AMC, IFC, Sundance Channel, WE tv, and IFC films. The AMC is a television network which focuses on the original programming and movie-based entertainment. IFC creates long and short-form content inspired by music, web, gaming, animation, news, and culture. The Sundance Channel is the television destination for independent-minded viewers. The WE tv is the women’s network specially devoted to the relationships during life’s defining moments. The IFC films consist of multiple brands that bring specialty films to the largest possible audience. AMC Networks Inc. is headquartered in New York, New York. “
  • 11/1/2019 – Amc Networks was given a new $55.00 price target on by analysts at Morgan Stanley. They now have a “hold” rating on the stock.
  • 10/30/2019 – Amc Networks was downgraded by analysts at Bank of America Corp from a “buy” rating to a “neutral” rating. They now have a $44.96 price target on the stock.
  • 10/29/2019 – Amc Networks was downgraded by analysts at Imperial Capital from an “in-line” rating to an “underperform” rating. They now have a $41.00 price target on the stock, down previously from $53.00.
  • 10/24/2019 – Amc Networks was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “AMC Networks Inc. is engaged in producing programming and movie content. It owns and operates various cable televisions. Its programming networks include AMC, IFC, Sundance Channel, WE tv, and IFC films. The AMC is a television network which focuses on the original programming and movie-based entertainment. IFC creates long and short-form content inspired by music, web, gaming, animation, news, and culture. The Sundance Channel is the television destination for independent-minded viewers. The WE tv is the women’s network specially devoted to the relationships during life’s defining moments. The IFC films consist of multiple brands that bring specialty films to the largest possible audience. AMC Networks Inc. is headquartered in New York, New York. “
  • 10/22/2019 – Amc Networks was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $53.00 price target on the stock. According to Zacks, “AMC Networks Inc. is engaged in producing programming and movie content. It owns and operates various cable televisions. Its programming networks include AMC, IFC, Sundance Channel, WE tv, and IFC films. The AMC is a television network which focuses on the original programming and movie-based entertainment. IFC creates long and short-form content inspired by music, web, gaming, animation, news, and culture. The Sundance Channel is the television destination for independent-minded viewers. The WE tv is the women’s network specially devoted to the relationships during life’s defining moments. The IFC films consist of multiple brands that bring specialty films to the largest possible audience. AMC Networks Inc. is headquartered in New York, New York. “
  • 10/17/2019 – Amc Networks was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 10/14/2019 – Amc Networks was downgraded by analysts at Evercore ISI from an “in-line” rating to an “underperform” rating. They now have a $50.00 price target on the stock.
  • 10/7/2019 – Amc Networks was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “AMC Networks Inc. is engaged in producing programming and movie content. It owns and operates various cable televisions. Its programming networks include AMC, IFC, Sundance Channel, WE tv, and IFC films. The AMC is a television network which focuses on the original programming and movie-based entertainment. IFC creates long and short-form content inspired by music, web, gaming, animation, news, and culture. The Sundance Channel is the television destination for independent-minded viewers. The WE tv is the women’s network specially devoted to the relationships during life’s defining moments. The IFC films consist of multiple brands that bring specialty films to the largest possible audience. AMC Networks Inc. is headquartered in New York, New York. “
  • 10/3/2019 – Amc Networks was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 10/2/2019 – Amc Networks was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.
  • 10/2/2019 – Amc Networks was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $54.00 price target on the stock. According to Zacks, “AMC Networks Inc. is engaged in producing programming and movie content. It owns and operates various cable televisions. Its programming networks include AMC, IFC, Sundance Channel, WE tv, and IFC films. The AMC is a television network which focuses on the original programming and movie-based entertainment. IFC creates long and short-form content inspired by music, web, gaming, animation, news, and culture. The Sundance Channel is the television destination for independent-minded viewers. The WE tv is the women’s network specially devoted to the relationships during life’s defining moments. The IFC films consist of multiple brands that bring specialty films to the largest possible audience. AMC Networks Inc. is headquartered in New York, New York. “
  • 9/27/2019 – Amc Networks was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 9/23/2019 – Amc Networks is now covered by analysts at Wells Fargo & Co. They set a “market perform” rating and a $58.00 price target on the stock.

Shares of Amc Networks stock traded down $0.21 during mid-day trading on Thursday, reaching $38.62. 393,900 shares of the stock were exchanged, compared to its average volume of 570,998. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 4.44, a price-to-earnings-growth ratio of 0.48 and a beta of 0.82. The company has a current ratio of 2.71, a quick ratio of 2.71 and a debt-to-equity ratio of 5.00. The firm has a 50-day simple moving average of $44.85 and a 200 day simple moving average of $50.90. Amc Networks Inc has a fifty-two week low of $38.41 and a fifty-two week high of $68.42.

Amc Networks (NASDAQ:AMCX) last announced its earnings results on Thursday, October 31st. The company reported $2.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.65. The business had revenue of $718.60 million during the quarter, compared to analysts’ expectations of $734.61 million. Amc Networks had a net margin of 15.12% and a return on equity of 106.13%. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter last year, the company posted $2.15 EPS. On average, research analysts predict that Amc Networks Inc will post 9.01 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of AMCX. Marshall Wace LLP acquired a new stake in Amc Networks in the 1st quarter valued at about $128,000. FMR LLC increased its position in Amc Networks by 5.8% in the 1st quarter. FMR LLC now owns 414,800 shares of the company’s stock valued at $23,544,000 after acquiring an additional 22,683 shares in the last quarter. WINTON GROUP Ltd acquired a new stake in Amc Networks in the 2nd quarter valued at about $346,000. Empirical Finance LLC increased its position in Amc Networks by 0.9% in the 2nd quarter. Empirical Finance LLC now owns 37,981 shares of the company’s stock valued at $2,070,000 after acquiring an additional 332 shares in the last quarter. Finally, Retirement Systems of Alabama increased its position in Amc Networks by 0.6% in the 2nd quarter. Retirement Systems of Alabama now owns 126,654 shares of the company’s stock valued at $6,901,000 after acquiring an additional 727 shares in the last quarter. Hedge funds and other institutional investors own 84.53% of the company’s stock.

AMC Networks Inc owns and operates various cable television's brands delivering content to audiences, and a platform to distributors and advertisers in the United States and internationally. The company operates in two segments, National Networks; and International and Other. The National Networks segment operates five distributed entertainment programming networks under the AMC, WE tv, BBC AMERICA, IFC, and SundanceTV names in high definition and standard definition formats.

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