AMC Leisure Holdings, Inc. (NYSE:AMC) – Analysis analysts at Barrington Analysis decreased their Q2 2021 EPS estimates for shares of AMC Leisure in a analysis report issued on Wednesday, April twenty eighth. Barrington Analysis analyst J. Goss now expects that the corporate will put up earnings per share of ($0.82) for the quarter, down from their earlier estimate of ($0.77). Barrington Analysis additionally issued estimates for AMC Leisure’s Q3 2021 earnings at ($0.46) EPS, This fall 2021 earnings at ($0.24) EPS, FY2021 earnings at ($2.50) EPS, Q1 2022 earnings at $0.22 EPS, Q2 2022 earnings at ($0.16) EPS, Q3 2022 earnings at ($0.08) EPS, This fall 2022 earnings at $0.00 EPS, FY2022 earnings at ($0.45) EPS and FY2023 earnings at ($0.35) EPS. AMC Leisure (NYSE:AMC) final posted its quarterly earnings knowledge on Tuesday, March ninth. The corporate reported ($3.15) earnings per share for the quarter, lacking the consensus estimate of ($2.80) by ($0.35). The agency had income of $162.50 million through the quarter, in comparison with the consensus estimate of $141.31 million. Throughout the identical interval final 12 months, the corporate earned $0.35 earnings per share. The corporate’s income for the quarter was down 88.8% in comparison with the identical quarter final 12 months.
AMC has been the topic of a number of different stories. B. Riley raised AMC Leisure from a “impartial” ranking to a “purchase” ranking and elevated their value goal for the corporate from $7.00 to $13.00 in a analysis report on Monday, April fifth. UBS Group began protection on AMC Leisure in a analysis report on Wednesday, March tenth. They issued a “promote” ranking for the corporate. Zacks Funding Analysis lower AMC Leisure from a “purchase” ranking to a “maintain” ranking in a analysis report on Tuesday, March thirtieth. Loop Capital reaffirmed a “promote” ranking and issued a $1.00 goal value on shares of AMC Leisure in a analysis report on Wednesday, April seventh. Lastly, Wedbush raised their goal value on AMC Leisure from $2.50 to $5.00 and gave the inventory a “impartial” ranking in a analysis report on Tuesday, March ninth. 5 analysts have rated the inventory with a promote ranking, 5 have issued a maintain ranking and one has given a purchase ranking to the inventory. AMC Leisure has a consensus ranking of “Maintain” and a mean goal value of $5.00.
AMC opened at $10.03 on Monday. AMC Leisure has a 1-year low of $1.91 and a 1-year excessive of $20.36. The inventory has a market capitalization of $4.52 billion, a price-to-earnings ratio of -0.29 and a beta of two.48. The enterprise has a 50 day transferring common of $10.58 and a 200-day transferring common of $6.00.
In associated information, Director America Leisure I. Wanda bought 1,582,996 shares of AMC Leisure inventory in a transaction dated Friday, March nineteenth. The inventory was bought at a mean value of $14.43, for a complete worth of $22,842,632.28. Following the completion of the sale, the director now straight owns 46,103,784 shares within the firm, valued at $665,277,603.12. The sale was disclosed in a submitting with the SEC, which is offered by the SEC web site. Additionally, SVP Kevin M. Connor bought 36,179 shares of AMC Leisure inventory in a transaction dated Tuesday, March sixteenth. The inventory was bought at a mean value of $13.56, for a complete worth of $490,587.24. Following the completion of the sale, the senior vp now owns 113,323 shares of the corporate’s inventory, valued at $1,536,659.88. The disclosure for this sale will be discovered right here. During the last 90 days, insiders bought 1,844,579 shares of firm inventory valued at $25,709,103. 1.60% of the inventory is at present owned by company insiders.
A lot of hedge funds have not too long ago made modifications to their positions in AMC. Morgan Stanley elevated its place in AMC Leisure by 124.6% within the third quarter. Morgan Stanley now owns 437,249 shares of the corporate’s inventory value $2,058,000 after buying an extra 242,612 shares through the interval. Cubist Systematic Methods LLC boosted its holdings in AMC Leisure by 216.8% through the third quarter. Cubist Systematic Methods LLC now owns 9,418 shares of the corporate’s inventory value $44,000 after shopping for an extra 6,445 shares over the past quarter. Iron Monetary LLC purchased a brand new place in AMC Leisure through the fourth quarter value about $87,000. Procyon Non-public Wealth Companions LLC purchased a brand new place in AMC Leisure through the fourth quarter value about $89,000. Lastly, Concentrum Wealth Administration purchased a brand new place in AMC Leisure through the fourth quarter value about $53,000. Hedge funds and different institutional buyers personal 16.61% of the corporate’s inventory.
AMC Leisure Firm Profile
AMC Leisure Holdings, Inc, by its subsidiaries, concerned within the theatrical exhibition enterprise. The corporate owns, operates, or has pursuits in theatres. As of March 12, 2021, it operated roughly 1000 theatres and 10,700 screens in america and internationally. The corporate was based in 1920 and is headquartered in Leawood, Kansas.
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