AMC Entertainment Holdings Inc. (NYSE: AMC) Has Been Trading Down. What Are The Prospects For The Future?

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AMC Entertainment Holdings Inc. (NYSE:AMC) traded at $21.44 at last check on Monday, January 10, made a downward move of -6.75% on its previous day’s price.

Looking at the stock we see that its previous close was $22.99 and the beta (5Y monthly) reads 1.33 with the day’s price range being $22.44 – $24.30. In terms of its 52-week price range, AMC has a high of $72.62 and a low of $2.07. The company’s stock has lost about -28.93% over that past 30 days.


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AMC Entertainment Holdings Inc. has a market cap of $11.54 billion and is expected to release its quarterly earnings report on Mar 08, 2022 – Mar 14, 2022. Estimates by analysts give the company expected earnings per share (EPS) of -$0.24, with the EPS growth for the year raised at -$2.75 for 2021 and -$0.75 for next year. These figures represent 93.00% and 72.70% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $1.08 billion, with a low of $898 million and a high of $1.22 billion. The median projection represents growth squeezing down to 565.30% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2021 is expected to hit $2.47 billion, or 98.40% up from figures reported last year.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the AMC stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 50% Sell.

Looking further, we note the current price level is -19.30% off its SMA20 and -35.00% from its 50-day simple moving average. The RSI (14) is pointing at 30.61 while the volatility over the past week is 10.08% and jumps to 11.93% over the past one month. The beta value is 1.30, while the average true range (ATR) is currently pointing at 3.09.

Let’s briefly compare AMC Entertainment Holdings Inc. (AMC) stock to its peers. We find that today’s price change of -6.75% and 974.30% over the past 12 months for AMC competes that of Cinemark Holdings Inc. (CNK), which has seen its stock price fall -2.10% in the latest trading session and is -1.72% over the last one year. Another of its peers The Marcus Corporation (MCS) has dropped -1.88% today, and was 23.52% up over the past year, while Reading International Inc. (RDI) is also up 0.70% yet, while its price remains in the red at -32.81% over the same period. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -2.01% and -1.63%, respectively, in early deals.

Coming back to AMC Entertainment Holdings Inc. (NYSE:AMC), we note that the average 3-month trading volume was 42.71 million, while that of the preceding 10-day period stands at 36.65 million. Current shares outstanding are 513.33 million.

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The insiders hold 0.07% of the company’s shares while institutions hold 31.90%. The data shows that short shares as of Dec 14, 2021, stood at 96.7 million at a short ratio of 2.19. This represents a 18.81% short interest in shares outstanding on Dec 14, 2021. Shares short rose in December from the previous month at 87.46 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -15.48% down in year-to-date price movement.

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