What Will Happen to AMC Entertainment Holdings Inc (AMC) Next? The Stock Just Increased A Lot

September 17, 2017 - By Vivian Park

Investors sentiment increased to 1.7 in Q4 2016. Its up 0.79, from 0.91 in 2016Q3. It is positive, as 16 investors sold AMC Entertainment Holdings Inc shares while 30 reduced holdings. 24 funds opened positions while 54 raised stakes. 30.74 million shares or 30.21% more from 23.60 million shares in 2016Q3 were reported.
Wealthtrust holds 0% of its portfolio in AMC Entertainment Holdings Inc (NYSE:AMC) for 12 shares. 25,810 are held by Convergence Inv Ptnrs Limited Com. Bancorporation Of Ny Mellon Corp has 324,732 shares for 0% of their portfolio. Moreover, Comml Bank Of Montreal Can has 0% invested in AMC Entertainment Holdings Inc (NYSE:AMC) for 2,634 shares. California Employees Retirement Systems owns 36,434 shares. Ridgeworth Mgmt Limited Liability Corporation holds 0.63% of its portfolio in AMC Entertainment Holdings Inc (NYSE:AMC) for 2.21M shares. Blackrock Management Ltd Limited Liability Company accumulated 0% or 120,021 shares. Goldman Sachs Gru reported 0% of its portfolio in AMC Entertainment Holdings Inc (NYSE:AMC). Prelude Capital Mgmt Limited Liability Corp stated it has 1,303 shares or 0.01% of all its holdings. Oppenheimer Inc stated it has 189,350 shares. Barclays Public Limited has 0% invested in AMC Entertainment Holdings Inc (NYSE:AMC) for 4,935 shares. 75,904 are owned by Parametric Portfolio Assocs Ltd Limited Liability Company. Janus Cap Mngmt Ltd Limited Liability Company reported 0.07% in AMC Entertainment Holdings Inc (NYSE:AMC). Fdx Advsr invested 0.02% in AMC Entertainment Holdings Inc (NYSE:AMC). Legal And General Plc holds 0% of its portfolio in AMC Entertainment Holdings Inc (NYSE:AMC) for 7,297 shares.

The stock of AMC Entertainment Holdings Inc (NYSE:AMC) is a huge mover today! The stock increased 5.61% or $0.9 on September 15, reaching $16.95. About 6.67 million shares traded or 79.78% up from the average. AMC Entertainment Holdings Inc (NYSE:AMC) has declined 9.74% since September 17, 2016 and is downtrending. It has underperformed by 26.44% the S&P500.
The move comes after 9 months positive chart setup for the $2.22 billion company. It was reported on Sep, 17 by Barchart.com. We have $17.63 PT which if reached, will make NYSE:AMC worth $88.80 million more.

Analysts await AMC Entertainment Holdings Inc (NYSE:AMC) to report earnings on November, 6. They expect $-0.26 earnings per share, down 183.87 % or $0.57 from last year’s $0.31 per share. After $-1.35 actual earnings per share reported by AMC Entertainment Holdings Inc for the previous quarter, Wall Street now forecasts -80.74 % EPS growth.

AMC Entertainment Holdings Inc (NYSE:AMC) Ratings Coverage

Among 17 analysts covering AMC Entertainment (NYSE:AMC), 11 have Buy rating, 1 Sell and 5 Hold. Therefore 65% are positive. AMC Entertainment had 48 analyst reports since July 22, 2015 according to SRatingsIntel. The company was downgraded on Wednesday, March 30 by B. Riley & Co. The firm has “Neutral” rating given on Wednesday, February 1 by Credit Suisse. The stock has “Outperform” rating by RBC Capital Markets on Tuesday, August 8. M Partners maintained the shares of AMC in report on Thursday, January 28 with “Buy” rating. The stock has “Buy” rating by B. Riley & Co on Monday, August 7. The company was maintained on Wednesday, July 5 by RBC Capital Markets. FBR Capital upgraded AMC Entertainment Holdings Inc (NYSE:AMC) on Monday, April 3 to “Outperform” rating. The stock of AMC Entertainment Holdings Inc (NYSE:AMC) earned “Underperform” rating by Credit Suisse on Wednesday, March 15. FBR Capital downgraded the stock to “Mkt Perform” rating in Wednesday, January 4 report. On Thursday, November 17 the stock rating was maintained by Benchmark with “Buy”.

More notable recent AMC Entertainment Holdings Inc (NYSE:AMC) news were published by: Seekingalpha.com which released: “Explosive growth for MoviePass” on September 14, 2017, also Bizjournals.com with their article: “AMC completes $130M sale-leaseback deal” published on September 14, 2017, Seekingalpha.com published: “Studios throw a curveball at movie theaters” on August 18, 2017. More interesting news about AMC Entertainment Holdings Inc (NYSE:AMC) were released by: Seekingalpha.com and their article: “Theater stocks higher amid key media conference” published on September 13, 2017 as well as Seekingalpha.com‘s news article titled: “AMC Q2: A ‘Buy’ Despite Concerns” with publication date: August 21, 2017.

AMC Entertainment Holdings, Inc. is a holding company. The company has market cap of $2.22 billion. The Company, through its subsidiaries, including AMC Entertainment Inc. , American Multi-Cinema, Inc. (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business. It currently has negative earnings. It operates through theatrical exhibition activities segment.

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