Shares of AMC Entertainment Holdings, Inc. (NYSE:AMC) recorded -0.77% loss during trading session on August 13th, 2019. The script traded as low as $11.55 and last traded at $11.67. 3.05 million shares changed exchanged hands during trading, a drop of -14.96% from the 30-day average session volume of 2.65M shares. The firm had previously closed at $11.76. The company has $102.40M outstanding shares, price-to-earnings-growth ratio of 0.23 and a beta of 0.86. The company has a RSI of 57.58, ATR of 0.60 and a volatility of 6.35% this week. AMC has a 52 week low price of $8.73 and a 52 week high price of $20.70.
Investors have identified the tech company AMC Entertainment Holdings, Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 1.20B, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
AMC Entertainment Holdings, Inc. (AMC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For AMC, the company has in raw cash 201.2 million on their books with 369.8 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 0 total, with 103.85 million as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
AMC were able to record 76.3 million as free cash flow during the recently reported quarter of the year, this saw their quarterly net cash flow reduce by 122.8 million. In cash movements, the company had a total of 153.6 million as operating cash flow.
Potential earnings growth for AMC Entertainment Holdings, Inc. (AMC)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, AMC Entertainment Holdings, Inc. recorded a total of 1.51 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.04% coming in sequential stages and their sales for the third quarter increasing by 0.20%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 558.9 million trying to sell their products during the last quarter, with the result yielding a gross income of 947.2 million. This allows shareholders to hold on to 102.40M with the revenue now reading 480 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.42 cents a share).
Is the stock of AMC attractive?
Having a look at the company’s valuation, the company is expected to record 0.03 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on AMC sounds very interesting.
In related news, EVP, US OPERATIONS MCDONALD JOHN D sold 7,500 shares of the company’s stock in a transaction that recorded on March 1st, 2019. The sale was performed at an average price of 15.75, for a total value of 118,125. As the sale deal closes, the EVP, US OPERATIONS MCDONALD JOHN D now sold 17,500 shares of the company’s stock, valued at 327,250. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.20%.
3 out of 14 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on AMC Entertainment Holdings, Inc. stock. 0 analysts has assigned a Sell rating on the AMC stock. The 12-month mean consensus price target for the company’s shares has been set at $16.00.