News articles about AMC Entertainment (NYSE:AMC) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AMC Entertainment earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.6212100971829 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern Sentiment’s analysis:
- AMC eyes Saudi Arabia after ban (bendbulletin.com)
- MoviePass Ends AMC Standoff, Joins Forces with Moviefone (screencrush.com)
- Saudi Arabia’s New Movie Theaters ‘Will Not Be Segregated’ by Gender, AMC CEO Says (thewrap.com)
- AMC once again accepting MoviePass, the best thing, at all locations (mashable.com)
- MoviePass Acquires Moviefone, Lifts Ban of Popular AMC Theaters (slashfilm.com)
Several analysts recently issued reports on AMC shares. B. Riley reiterated a “buy” rating and issued a $30.00 price target on shares of AMC Entertainment in a report on Monday, January 22nd. Wedbush set a $19.00 price target on AMC Entertainment and gave the company a “buy” rating in a report on Tuesday, February 20th. Zacks Investment Research downgraded AMC Entertainment from a “buy” rating to a “hold” rating in a report on Tuesday, January 23rd. Royal Bank of Canada downgraded AMC Entertainment from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 10th. Finally, TheStreet upgraded AMC Entertainment from a “d+” rating to a “c-” rating in a research note on Monday, March 12th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $23.04.
AMC Entertainment (NYSE:AMC) last issued its quarterly earnings results on Thursday, March 1st. The company reported ($2.14) EPS for the quarter, missing the consensus estimate of $0.27 by ($2.41). AMC Entertainment had a negative return on equity of 6.04% and a negative net margin of 9.59%. The company had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the previous year, the business posted $0.33 EPS. The business’s revenue for the quarter was up 53.0% on a year-over-year basis. equities analysts expect that AMC Entertainment will post 0.17 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, March 26th. Stockholders of record on Monday, March 12th were given a dividend of $0.20 per share. The ex-dividend date was Friday, March 9th. This represents a $0.80 annualized dividend and a dividend yield of 4.89%. AMC Entertainment’s payout ratio is -89.89%.
About AMC Entertainment
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. It operates through theatrical exhibition operations segment. It licenses first-run motion pictures from distributors owned by film production companies and from independent distributors.
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