|Bid||45.221 x 20000|
|Ask||46.577 x 20000|
|Day's Range||45.258 - 45.281|
|52 Week Range||39.930 - 57.370|
|PE Ratio (TTM)||9.00|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Growth stocks have risen nearly 30% this year, compared with a gain of about 10% in value stocks. Value stocks with low price/earnings (P/E) ratios rallied and growth shares lagged, and the trend is continuing today. A lot of value stocks are in the bargain bin, including many traditional media and entertainment companies.
AMC Networks Inc (NASDAQ:AMCX) is trading with a trailing P/E of 9.9x, which is lower than the industry average of 20.7x. While AMCX might seem like an attractive stock toRead More...
TV-network operators such as AMC Networks and Viacom may re-emerge as takeover candidates as their smaller size makes them less of a concern to regulators.
AMC won’t let its stumbling zombies die. The US cable-TV network is plotting ways to extend its popular-but-flagging hit series, The Walking Dead—now in its eighth season—for maybe another five decades. It’s hoping to emulate genre franchises like Doctor Who and Star Trek that have survived for decades on spinoffs and other “reincarnations.” “We’ve studied…
AMC Networks Inc. (AMCX) reported mixed financial results in the third quarter of 2017. The bottom line outpaced the Zacks Consensus Estimate while the top line missed.
On a per-share basis, the New York-based company said it had profit of $1.35. Earnings, adjusted for asset impairment costs and amortization costs, were $1.68 per share. The results surpassed Wall Street ...
Viewership for ‘The Walking Dead’ has been declining for a couple seasons. Since its fifth and most successful season, the show’s audience has shrunk more than 28%.
Short interest is moderate for AMCX with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.
AMC Networks (AMCX:Nasdaq) By Wells Fargo Securities ($57.77, Oct. 10, 2017) We are initiating coverage of AMC Networks with an Outperform rating and $72 price target. To put this in perspective, AMC trades in-line with Viacom (VIAB) and Discovery Communications (DISCA) on an enterprise value (EV)/earnings before interest, taxes, depreciation and amortization (Ebitda) basis (both about seven times next-12-months (NTM)) and at a 3.5 times discount to CBS on a NTM price/earnings (P/E) multiple basis (nine times versus 12.5 times). AMC has just five networks -- one big and others getting bigger -- which provide distributors (traditional and new) a huge bang for their buck (one-third of all cable viewers for just $1.15 a month).
AMC Networks Inc (NASDAQ: AMCX )’s got a lot going for it. It has high-demand content , no exposure to NFL ratings and what Wells Fargo calls a “clean,” five-network portfolio. It has an expanding share ...
Short interest is moderate for AMCX with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The net inflows of $797 million over the last one-month into ETFs that hold AMCX are among the lowest of the last year and appear to be slowing.
AMC Networks is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front. Read on to know more.