AMC Networks (AMCX) Earns Daily Media Sentiment Rating of 0.18

News stories about AMC Networks (NASDAQ:AMCX) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. AMC Networks earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave media stories about the company an impact score of 77 out of 100, meaning that recent media coverage is likely to have an effect on the company’s share price in the immediate future.

Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:

Shares of AMC Networks (NASDAQ:AMCX) opened at 59.01 on Thursday. AMC Networks has a 1-year low of $46.17 and a 1-year high of $67.61. The firm’s 50 day moving average is $54.92 and its 200 day moving average is $56.56. The firm has a market capitalization of $3.93 billion, a PE ratio of 14.34 and a beta of 1.03.

AMC Networks (NASDAQ:AMCX) last announced its quarterly earnings results on Thursday, May 4th. The company reported $2.10 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.00 by $0.10. The business had revenue of $720.19 million during the quarter, compared to analysts’ expectations of $720.15 million. AMC Networks had a return on equity of 502.40% and a net margin of 10.59%. The firm’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.09 EPS. Analysts anticipate that AMC Networks will post $6.40 EPS for the current fiscal year.

AMC Networks announced that its Board of Directors has approved a stock buyback plan on Wednesday, June 7th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to buy up to 13.9% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

AMCX has been the subject of a number of analyst reports. Zacks Investment Research downgraded shares of AMC Networks from a “buy” rating to a “hold” rating in a research report on Thursday, April 6th. Jefferies Group LLC restated a “hold” rating and set a $60.00 price objective on shares of AMC Networks in a research report on Monday, July 10th. Deutsche Bank AG cut their price target on shares of AMC Networks from $65.00 to $61.00 and set a “hold” rating for the company in a report on Monday, May 8th. ValuEngine downgraded shares of AMC Networks from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Guggenheim reiterated a “buy” rating and issued a $70.00 price target on shares of AMC Networks in a report on Tuesday, March 28th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $61.79.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by BBNS and is the property of of BBNS. If you are reading this piece of content on another site, it was illegally copied and republished in violation of U.S. & international copyright and trademark laws. The legal version of this piece of content can be accessed at https://baseballnewssource.com/markets/somewhat-positive-media-coverage-likely-to-affect-amc-networks-amcx-share-price-updated-updated/1115197.html.

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.

Insider Buying and Selling by Quarter for AMC Networks (NASDAQ:AMCX)

Receive News & Ratings for AMC Networks Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMC Networks Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Eduardo Nunez Traded by Giants to Red Sox
Eduardo Nunez Traded by Giants to Red Sox
Giancarlo Stanton Continues Record Pace for July
Giancarlo Stanton Continues Record Pace for July
Los Angeles Dodgers Ace Clayton Kershaw to Go on DL
Los Angeles Dodgers Ace Clayton Kershaw to Go on DL
Colin Moran Fouls Ball Off Eye, Taken to Hospital
Colin Moran Fouls Ball Off Eye, Taken to Hospital
Chris Sale Reaches 200 Strikeouts in Record Time
Chris Sale Reaches 200 Strikeouts in Record Time
Veteran Pitcher Bartolo Colon Considering Retirement
Veteran Pitcher Bartolo Colon Considering Retirement


Leave a Reply

 
© 2006-2017 BBNS.