Somewhat Positive Media Coverage Somewhat Unlikely to Impact AMC Entertainment Holdings (AMC) Stock Price

Media stories about AMC Entertainment Holdings (NYSE:AMC) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AMC Entertainment Holdings earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave media coverage about the company an impact score of 47.4374124563684 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

• AMC Entertainment Holdings, Inc. (NYSE:AMC) Rating Reiterated by Piper Jaffray Companies (americanbankingnews.com)
• AMC Entertainment Holdings (AMC) to Buyback $100.00 million in Stock (footballhebdo.com)
• AMC Entertainment Holdings, Inc. (NYSE:AMC) Announces Quarterly Earnings Results (lazeresportes.com)
• Wedbush Analysts Give AMC Entertainment Holdings, Inc. (AMC) a $23.00 Price Target (campdesrecrues.com)
• ValuEngine Lowers AMC Entertainment Holdings, Inc. (NYSE:AMC) to Sell (elcumanes.com)

AMC Entertainment Holdings (AMC) traded up 7.62% during mid-day trading on Friday, hitting $16.25. The company’s stock had a trading volume of 6,601,465 shares. AMC Entertainment Holdings has a 52-week low of $15.50 and a 52-week high of $35.65. The stock has a market cap of $2.12 billion, a P/E ratio of 18.55 and a beta of 1.31. The company’s 50 day moving average is $22.18 and its 200-day moving average is $27.80.

AMC Entertainment Holdings (NYSE:AMC) last released its quarterly earnings data on Friday, August 4th. The company reported ($1.35) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by $1.41. The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.22 billion. AMC Entertainment Holdings had a return on equity of 6.52% and a net margin of 2.56%. The business’s revenue was up 57.3% on a year-over-year basis. During the same period last year, the company earned $0.24 EPS. On average, equities analysts predict that AMC Entertainment Holdings will post ($1.03) EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Monday, September 11th will be given a $0.20 dividend. The ex-dividend date is Friday, September 8th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.92%. AMC Entertainment Holdings’s dividend payout ratio is currently -125.00%.

AMC Entertainment Holdings announced that its board has approved a share repurchase program on Thursday, August 3rd that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 58% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

Several research analysts have recently weighed in on AMC shares. B. Riley reiterated a “buy” rating and set a $49.50 price target on shares of AMC Entertainment Holdings in a research note on Monday, May 1st. FBR & Co reiterated a “buy” rating and set a $37.00 price target on shares of AMC Entertainment Holdings in a research note on Friday, April 21st. Citigroup Inc. cut their price target on AMC Entertainment Holdings from $36.00 to $35.00 and set a “buy” rating for the company in a research note on Friday, June 9th. MKM Partners reiterated a “buy” rating and set a $36.00 price target (down previously from $45.00) on shares of AMC Entertainment Holdings in a research note on Friday, June 9th. Finally, Loop Capital reiterated a “buy” rating and set a $39.00 price target on shares of AMC Entertainment Holdings in a research note on Monday, July 10th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company’s stock. AMC Entertainment Holdings presently has a consensus rating of “Hold” and a consensus price target of $31.03.

In other news, SVP Kevin M. Connor bought 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 8th. The shares were bought at an average cost of $23.52 per share, for a total transaction of $94,080.00. Following the completion of the transaction, the senior vice president now owns 40,705 shares of the company’s stock, valued at $957,381.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Adam M. Aron bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, June 2nd. The stock was purchased at an average price of $24.72 per share, for a total transaction of $247,200.00. Following the completion of the transaction, the chief executive officer now directly owns 90,426 shares of the company’s stock, valued at approximately $2,235,330.72. The disclosure for this purchase can be found here. 0.80% of the stock is currently owned by insiders.

About AMC Entertainment Holdings

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.