Press coverage about AMC Networks (NASDAQ:AMCX) has trended positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. AMC Networks earned a news impact score of 0.25 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.315832542577 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news stories that may have impacted Accern’s analysis:
- AMC Networks (AMCX) Downgraded by BidaskClub (americanbankingnews.com)
- Another Week Of ‘The Walking Dead,’ Another Six Year Ratings Low (finance.yahoo.com)
- RBC: AMC Networks Needs More Than Zombies To Hit 2018 Targets (msn.com)
- AMC Networks (AMCX) Earns Sector Perform Rating from Analysts at Royal Bank of Canada (americanbankingnews.com)
- Shrug Off Market Gyrations With These Top 5 Value Picks (finance.yahoo.com)
Shares of AMCX stock traded down $0.39 during mid-day trading on Friday, reaching $50.39. 788,678 shares of the company’s stock were exchanged, compared to its average volume of 636,900. The company has a debt-to-equity ratio of 19.07, a current ratio of 2.53 and a quick ratio of 2.53. The company has a market cap of $3,059.83, a P/E ratio of 7.00, a P/E/G ratio of 0.85 and a beta of 0.84. AMC Networks has a twelve month low of $46.89 and a twelve month high of $67.44.
Several research analysts recently weighed in on the stock. BidaskClub downgraded shares of AMC Networks from a “sell” rating to a “strong sell” rating in a report on Thursday. Royal Bank of Canada initiated coverage on shares of AMC Networks in a report on Wednesday. They set a “sector perform” rating and a $57.00 price objective for the company. Zacks Investment Research upgraded shares of AMC Networks from a “hold” rating to a “strong-buy” rating and set a $61.00 target price on the stock in a research report on Tuesday, March 6th. Guggenheim restated a “hold” rating and set a $54.00 target price on shares of AMC Networks in a research report on Friday, March 2nd. Finally, Moffett Nathanson upgraded shares of AMC Networks from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. AMC Networks has an average rating of “Hold” and an average price target of $59.55.
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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. It operates through two segments: National Networks, and International and Other. National Networks includes activities of its programming businesses, which include its programming networks distributed in the United States and Canada.
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