AMC Entertainment Holdings, Inc owns, operates, or has an interest in cinema theatres in the United States and Europe but has also expanded into digital and streaming media. In 2000, the company partnered to offer the first online ticket sales and expands it to all theaters, even Empire 25 in New York, the world’s busiest movie theater. In regard to market dominance, AMC Entertainment operates 22 of the US 50 busiest movie theaters and 4 of the top 5.
Financial Performance
- The company's upcoming EPS is projected at -$0.16, signifying a 70.37% increase compared to the same quarter of the previous year.
- The leisure industry is likely to have benefited from robust demand for recreational products and golf business.
- Although Q4 results surpassed expectations, the outlook for 2025 appears both promising and uncertain.
- Virtu Financial LLC acquired a new stake in AMC Entertainment in the 3rd quarter worth about $893,000.
- After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study.
- In fact, the Q box office performance was better than expected, helped by the sequel to Moana and the fantasy musical film Wicked, which pushed AMC’s cumulative gross up by 26% year-over-year.
- Given that debt interest at current levels may become unsustainable, I expect AMC will continue repaying its debt and issuing more equity throughout 2025.
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. AMC Entertainment has been rated by Best forex trading platform research analysts at Roth Capital, and Roth Mkm in the past 90 days. Over the previous 90 days, AMC Entertainment's stock had 2 upgrades by analysts.
- To give you an idea of how much this is weighing on the company’s profitability, of the $399 million reported in net losses over the past year, a staggering 97% of those losses are due to interest on debt.
- The reason for the move typifies what the meme-stock frenzy is all about–speculation and volatility driven by an online meme.
- AMC’s average price target is $3.63 per share, which suggests a 6% upside potential from the current price.
- The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, August 23rd 2023.
- 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AMC Entertainment in the last twelve months.
AMC upcoming earnings
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Although Q4 results surpassed expectations, the outlook for 2025 appears both promising and uncertain. Like most Wall Street analysts, I remain cautious, staying on the sidelines rather than going bearish on America’s largest movie theater chain. Additionally, AMC’s debt situation will be crucial moving forward, and much will depend on how the management team attempts to pay down the company’s mammoth debt. In Q3, AMC announced an extension of $2.4 billion in long-term debt maturities. Given that debt interest at current levels may become unsustainable, I expect AMC will continue repaying its debt and issuing more equity throughout 2025. This could be key to a successful turnaround, but it will likely continue putting downward pressure on AMC’s share price.
Barchart Technical Opinion
AMC Entertainment has survived thanks to support from meme stock investors and strategic capital raises, but its recovery remains sluggish. With significant debt and ongoing liquidity challenges, the company faces difficult decisions—potentially further shareholder dilution or relying on a box office resurgence. The Barchart Technical Opinion widget shows you today's overall Barchart Opinion with general information on how to interpret the short and longer term signals.
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The company has a market cap of $1.22 billion, a P/E ratio of -2.01 and a beta of 1.92. Analysts like AMC Entertainment less than other "consumer discretionary" companies. The consensus rating for AMC Entertainment is Reduce while the average consensus rating for "consumer discretionary" companies is Moderate Buy. To give you an idea of how big AMC’s business has struggled, its revenues dropped from $5.02 billion in 2019 to just $1.07 billion in 2020, and it haven’t bounced back to pre-pandemic levels since. But despite the demand drought, the real issue is that AMC had heavily leveraged itself in 2019, right before the pandemic hit, with $10 billion in net debt—double the $5 billion it had in 2018. Although AMC will benefit from greater box office numbers in 2025, the company’s comeback is still a work in progress.
Spurred by Moana 2‘s debut and strong carryover business for Gladiator II and Wicked, ... That deceleration dampened the bullish thesis that AMD's Instinct GPUs would gain significant ground against Nvidia's H100 GPUs in the AI-oriented data center market. So, while some companies might experiment with AMD's Instinct GPUs as a cheaper alternative to Nvidia's GPUs, it doesn't seem likely that the former will ever disrupt the latter. AMD's revenue declined year over year in the first half of 2023 as the PC market cooled off. That slowdown occurred as it lapped its pandemic-era growth spurt and inflation curbed consumer spending. Its custom APU sales also declined as Sony and Microsoft sold fewer gaming consoles.
Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. In the latest market close, AMC Entertainment (AMC Quick QuoteAMC - Free Report) reached $3.48, with a -0.57% movement compared to the previous day. At the same time, the Dow added 0.77%, and the tech-heavy Nasdaq gained 1.51%.
For 2024, total revenues are expected to reach $4.62 billion, down 4% year-over-year. While AMC is slowly improving its fundamentals and seeing a rebound in domestic box office numbers, it still needs more cash to stay liquid. With share dilution on the horizon, I prefer to step back and place a Hold rating on the stock. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment. Ahead of earnings, Roth MKM analyst Eric Handler upgraded AMC from a Sell rating to a Neutral rating and lowered the price target from $4 to $3.25. Investors should also pay attention to any latest changes in analyst estimates for AMC Entertainment.
The company's upcoming EPS is projected at -$0.16, signifying a 70.37% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.29 billion, indicating a 16.5% upward movement from the same quarter last year. First, its client segment, which mainly sells its x86 CPUs for PCs, continued to limefx gain ground against Intel with its Ryzen 8000 CPUs. Second, its data center segment, which sells its Epyc CPUs and Instinct GPUs for servers, grew rapidly as the AI market expanded. Those growth engines offset its soft sales of gaming GPUs, custom APUs for consoles, and Xilinx's embedded chips.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... The movie theater operator's stock has dropped by 0.28% in the past month, falling short of the Consumer Discretionary sector's gain https://www.forex-reviews.org/ of 8.54% and the S&P 500's gain of 3.92%.
According to analysts, AMC Entertainment's stock has a predicted upside of 42.76% based on their 12-month stock forecasts. Looking ahead, AMC is set to report its earnings on February 25th after the closing bell. The company is expected to post a loss per share of 17 cents, with revenues of around $1.29 billion, reflecting a 17% annual increase.
