AMC Entertainment Holdings Inc. (NYSE:AMC) – Stock analysts at Wedbush reduced their Q4 2016 earnings estimates for shares of AMC Entertainment Holdings in a research note issued on Wednesday. Wedbush analyst M. Pachter now expects that the brokerage will earn $0.20 per share for the quarter, down from their prior estimate of $0.29. Wedbush has a “Outperform” rating and a $33.00 price objective on the stock. Wedbush also issued estimates for AMC Entertainment Holdings’ Q3 2017 earnings at $0.27 EPS.

AMC Entertainment Holdings (NYSE:AMC) last announced its earnings results on Monday, August 1st. The company reported $0.24 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.27 by $0.03. The firm had revenue of $764 million for the quarter, compared to the consensus estimate of $772.99 million. AMC Entertainment Holdings had a return on equity of 6.83% and a net margin of 3.53%. AMC Entertainment Holdings’s revenue for the quarter was down 7.0% on a year-over-year basis. During the same quarter last year, the business posted $0.45 EPS.

Other analysts have also issued reports about the company. B. Riley reaffirmed a “buy” rating and issued a $37.00 target price on shares of AMC Entertainment Holdings in a research report on Tuesday, July 26th. MKM Partners boosted their target price on AMC Entertainment Holdings from $33.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, July 25th. FBR & Co reaffirmed a “buy” rating on shares of AMC Entertainment Holdings in a research report on Tuesday, August 2nd. Loop Capital began coverage on AMC Entertainment Holdings in a report on Tuesday, August 23rd. They set a “buy” rating and a $35.00 price objective for the company. Finally, Topeka Capital Markets decreased their price objective on AMC Entertainment Holdings from $27.00 to $26.00 and set a “hold” rating for the company in a report on Wednesday, June 1st. Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $32.50.

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Shares of AMC Entertainment Holdings (NYSE:AMC) traded up 0.83% during trading on Thursday, hitting $31.76. The stock had a trading volume of 67,814 shares. AMC Entertainment Holdings has a 52 week low of $19.28 and a 52 week high of $32.28. The company’s 50 day moving average price is $30.18 and its 200 day moving average price is $28.84. The company has a market capitalization of $3.09 billion, a price-to-earnings ratio of 29.41 and a beta of 1.57.

A number of institutional investors have recently bought and sold shares of the stock. Capstone Investment Advisors LLC increased its position in AMC Entertainment Holdings by 2.8% in the second quarter. Capstone Investment Advisors LLC now owns 9,048 shares of the company’s stock valued at $249,000 after buying an additional 248 shares during the last quarter. California State Teachers Retirement System increased its position in 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 during the last quarter. BlackRock Advisors LLC increased its position in AMC Entertainment Holdings by 6.3% in the second quarter. BlackRock Advisors LLC now owns 10,386 shares of the company’s stock valued at $287,000 after buying an additional 614 shares during the last quarter. Swiss National Bank increased its position in 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 during the last quarter. Finally, Dynamic Technology Lab Private Ltd increased its position in AMC Entertainment Holdings by 6.7% in the second quarter. Dynamic Technology Lab Private Ltd now owns 14,263 shares of the company’s stock valued at $394,000 after buying an additional 899 shares during the last quarter. Institutional investors and hedge funds own 21.59% of the company’s stock.

In other AMC Entertainment Holdings news, CEO Adam M. Aron bought 10,000 shares of the business’s stock in a transaction dated Monday, August 8th. The shares were purchased at an average price of $28.80 per share, for a total transaction of $288,000.00. Following the purchase, the chief executive officer now directly owns 20,000 shares of the company’s stock, valued at $576,000. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 1.29% of the stock is owned by insiders.

The firm also recently announced a quarterly dividend, which was paid on Monday, September 19th. Stockholders of record on Tuesday, September 6th were paid a $0.20 dividend. The ex-dividend date of this dividend was Thursday, September 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.54%. AMC Entertainment Holdings’s payout ratio is presently 74.77%.

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

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