AMC - AMC Entertainment Holdings, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
9.76
+0.27 (+2.79%)
As of 3:26PM EDT. Market open.
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Previous Close9.46
Open9.39
Bid9.74 x 2200
Ask9.75 x 1000
Day's Range9.32 - 9.80
52 Week Range8.73 - 21.45
Volume1,520,399
Avg. Volume2,153,270
Market Cap1.013B
Beta (3Y Monthly)0.45
PE Ratio (TTM)N/A
EPS (TTM)-0.82
Earnings DateJul 30, 2019 - Aug 5, 2019
Forward Dividend & Yield0.80 (8.46%)
Ex-Dividend Date2019-06-07
1y Target Est16.88
Trade prices are not sourced from all markets
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    From an investment standpoint, some of the most interesting stocks in the market are heavily shorted stocks.On one hand, if a stock is heavily shorted, it means that a bunch of investors are betting on the stock going down. That means the bear thesis has a lot of believers, and probably a lot of credibility. Sometimes that consensus bear thesis plays out as expected, the heavily shorted stock drops, and shorts cover at a huge profit.On the other hand, if a stock is heavily shorted, it can mean that very few investors believe the stock is going to go up. It also means that a bunch of money needs to buy back into the stock at some point. That combination means the stock has a lot of potential upside firepower. Thus, if the bear thesis falls apart and things start to improve at the company, the heavily shorted stock will surge, assisted by a short squeeze as investors rush to cover their short positions.InvestorPlace - Stock Market News, Stock Advice & Trading TipsGoing long a heavily shorted stock is often a high-risk, high-reward scenario. Either the consensus bear thesis is right, and the stock falls. Or, the consensus bear thesis is wrong, and the stock pops. * 10 Stocks to Sell for an Economic Slowdown With that in mind, I've put together a list of seven heavily shorted stocks which, at current levels, have more reward than risk, and have a realistic opportunity for a big short squeeze rally in the foreseeable future. Short Squeeze Stocks to Watch: AMC Entertainment (AMC)% of Float Short: 30%The Bear Thesis: Shares of America's largest movie theater chain operator, AMC Entertainment (NYSE:AMC) have slumped to an all-time low in 2019, dropping nearly 50% over the past year, as weak box office results accelerated fears regarding a movie theater apocalypse. As the stock has dropped, shorts have continued to pile into AMC stock (short interest is at almost 30%, a 52-week-high). As investors are betting that things won't get better, consumers will keep shunning movie theaters, and revenues and profits will keep dropping.Why a Short Squeeze Could Happen: AMC's short interest has been this high only once before. That was in late 2017, followed by a rally in AMC stock from about $10 to almost $20. The drivers of that rally? Improved box office results, and AMC launching a subscription program.Those same drivers could spark a similar short squeeze rally here. Box office results will likely pick up over the next few months, assisted by Lion King, Frozen 2, and a new Star Wars film. Meanwhile, AMC's subscription program, Stubs A-List, has a lot of momentum, and presently counts more than 860,000 members. As box office results improve into the back-half of 2019 and Stubs A-List continues to add subscribers, shorts will rush to cover, and AMC stock should bounce back in a big way. Tesla (TSLA)Source: Shutterstock % of Float Short: 31%The Bear Thesis: Much like shares of AMC, shares of electric vehicle maker Tesla (NASDAQ:TSLA) have slumped to multi-year lows in 2019, down almost 31% over the past year. The culprit? Bad first quarter 2019 numbers. Those numbers spooked investors and implied the company's once-robust growth trajectory is flattening out. Investors are concerned that it will keep flattening out as competition ramps up, and have consequently rushed to short the stock (short interest has climbed from below 20% in early 2019, to above 30% today).Why a Short Squeeze Could Happen: Tesla's second quarter 2019 numbers were much better than its first quarter numbers, and broadly implied that the growth trajectory is not flattening out. Meanwhile, numbers from Inside EVs imply that Tesla's market share is only growing (despite new competitors). The EV market continues to grow at a robust pace and remains on track to grow by at least 10-fold over the next decade.Consequently, the long-term growth narrative for Tesla remains favorable (the leading player in a rapidly growing market). The numbers here will continue to improve in the back-half of 2019, assisted by lower rates, a Model S/X refresh, new Model Y production, and cooling trade tensions. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond As those numbers continue to improve, the long term bull thesis will come back into the spotlight, and shorts will rush to cover, sparking a big rally in TSLA stock. iRobot (IRBT)Roomba_770_ 010% of Float Short: 44%The Bear Thesis: The bear thesis on consumer robotics company iRobot (NASDAQ:IRBT) is centered around the trade war. In short, one of iRobot's most important, biggest, and fastest-growing markets is China. The introduction of U.S.-China tariffs, however, forced iRobot to hike prices on its robotic vacuum cleaners, which has had an adverse impact on both China demand and gross margins. Investors are betting these tariffs will either stick around or get worse. As such, 44% of the float are betting on the stock going down.Why a Short Squeeze Could Happen: The long-term bull thesis supporting iRobot remains favorable. As consumer robotics penetration rates remain relatively low (24% of total vacuum cleaners in 2018), that market is growing very quickly (40% growth in 2018). iRobot is the unchallenged leader in the market (50%-plus market share in 2018), revenue growth is robust (17%-20% expected in 2019), and gross margins are healthy (around 50%). Putting all that together, it is pretty clear that IRBT stock is a long-term winner.With trade tensions between the U.S. and China now cooling, it appears increasingly likely that iRobot will be able to get back on its long-term winning trajectory soon. Once that happens, shorts will rush to cover, and IRBT stock will fly higher. Stitch Fix (SFIX)% of Float Short: 25%The Bear Thesis: The bear thesis on Stitch Fix (NASDAQ:SFIX) is pretty straight-forward: As more competition enters the online personal styling segment, Stitch Fix's growth rates will moderate. This moderation will weigh on SFIX stock's rich valuation and ultimately drag the stock lower. A good portion of investors believe that this will happen, and that's why 25% of the float is short.Why a Short Squeeze Could Happen: The bear thesis on SFIX stock gained traction in late 2018 as growth came screeching to a halt. That slowdown was due to one-time changes and purposefully lower marketing spend. Since then, those one-offs have been phased out, marketing spend has re-accelerated, and Stitch Fix's growth rates have surged higher. * 7 Retail Stocks to Buy for the Second Half of 2019 This higher growth trend will persist for the foreseeable future. Stitch Fix is changing the game in retail to a curated, on-demand model. We've seen these shifts before. They work (think Netflix (NASDAQ:NFLX) or Amazon (NASDAQ:AMZN)). As such, curated, on-demand shopping will gain share and traction over the next several years, Stitch Fix's growth trajectory will remain favorable, shorts will rush to cover, and SFIX stock will rally. Dick's Sporting Goods (DKS)% of Float Short: 30%The Bear Thesis: The bear thesis on Dick's Sporting Goods (NYSE:DKS) is predicated on the idea that Dick's is no longer relevant in the athletic apparel retail model. Specifically, the athletic apparel market is shifting from wholesale retail to direct retail. That means brands like Nike (NYSE:NKE) are taking product out of the wholesale pipeline (out of Dick's) and putting product into their direct channel (like their own stores). Dick's has been adversely impacted by this shift. Many expect this shift to continue. As such, many expect Dick's to continue to struggle, and DKS stock to continue to sputter lower.Why a Short Squeeze Could Happen: There are signs that this shift from wholesale to direct is moderating. After a streak of negative comparable sales growth quarters, Dick's finally reported flat comps last quarter. More than that, comps inflected into positive territory towards the end of the quarter, and started this quarter in positive territory, too. The guide calls for comps to be positive for the full year 2019. As such, Dick's is presently in the process of going from negative comps to positive comps, and that inflection against the backdrop of 30% short interest implies a nice set-up in the back half of 2019 for a short squeeze. GrubHub (GRUB)% of Float Short: 25%The Bear Thesis: Online food ordering and delivery giant GrubHub (NYSE:GRUB) used to be a market favorite, given the company's leadership position in a secular growth market. Then, signs emerged that GrubHub was rapidly losing market share to smaller but more relevant online food ordering and delivery companies like Postmates and UberEats. Revenue growth slowed. Margins got hit. Profit growth fell flat. The stock dropped. Many investors expect these competition-related headwinds to only get worse, and as such, 25% of the float is betting that GRUB stock will keep falling.Why a Short Squeeze Could Happen: The online food ordering and delivery space is big enough to accommodate multiple large players. GrubHub will be one of those large players. It just won't be the only large player. A few years ago, at 50%-plus market share, GrubHub was the only large player. Now, though, GrubHub's market share sits around 30%, and is roughly in-line with DoorDash and UberEats, meaning that GrubHub is now one of many large players. Further, market share erosion has moderated over the past few months. * 10 Best Stocks for 2019: A Volatile First Half As such, it's reasonable to believe that the worst of the GrubHub share erosion is in the rear-view mirror, meaning growth rates should moderate going forward. Such growth moderation will force the huge short base to cover, which could spark a sizable short squeeze in GRUB stock over the next few months. Short Squeeze Stocks to Watch: Abercrombie & Fitch (ANF)Source: Shutterstock % of Float Short: 34%The Bear Thesis: The bear thesis on Abercrombie & Fitch (NYSE:ANF) is aligned with the bear thesis on physical retail. It goes something like this: Malls are dying, as are their major tenants. Abercrombie & Fitch is one of those major tenants. Consequently, as retail demand shifts more to the direct channel and away from malls, Abercrombie's numbers will remain weak. Those persistently weak numbers will create a drag on ANF stock for the foreseeable future.Why a Short Squeeze Could Happen: A short squeeze could happen here because the bear thesis is just wrong. Physical retail isn't dying. Consumers will always have some desire to go to malls, whether it be to try on clothes or simply enjoy the experience of shopping (yes, that's a thing). As such, physical retail is simply shrinking to accommodate higher sales volume in the direct channel.With direct sales growth starting to slow, though, it's reasonable to believe that the worst of physical retail's shrinkage is over. Thus, results across the entire physical retail world should start to improve over the next several quarters. This is a rising tide that will left all boats, ANF included. The result? Abercrombie's numbers will get better over the next few quarters. Shorts will rush to cover. The stock will pop.As of this writing, Luke Lango was long AMC, TSLA, IRBT, SFIX, and NKE. 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  • Markitlast month

    See what the IHS Markit Score report has to say about AMC Entertainment Holdings Inc.

    AMC Entertainment Holdings Inc NYSE:AMCView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate and declining * Economic output in this company's sector is contracting Bearish sentimentShort interest | NeutralShort interest is moderately high for AMC with between 10 and 15% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 11. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding AMC are favorable, with net inflows of $1.46 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

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Now that situation quickly devolved from bad to worse, causing people to scramble for the best stocks to buy against a likely downturn.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis segues into the ongoing trade war with the world's second-biggest economy. Trump is scheduled to meet his counterpart in the battle, Chinese President Xi Jinping, at the G-20 summit. Any hopes for a rapprochement was tempered when Trump declared that he would be "perfectly happy" to hit China with fresh tariffs.If these tensions weren't bad enough, our economy has other headwinds to consider. Recently, the dollar has weakened relative to other currencies. The yield curve inverted, which in the past signaled a recession. And of course, we have our own contentious political environment. * 7 S&P 500 Dividend Stocks to Buy That Yield 4% or More At the very least, we're facing choppy waters. But if the worst-case scenario of a recession occurs, here are the best stocks to buy: Stocks to Buy: Kimberly Clark (KMB)Source: Shutterstock For most Americans, a recession necessitates budgeting down to the essentials. While data suggests that consumers won't abandon all discretionary purchases such as cheap entertainment, the secular segment is where you want to aim. With that context, one of your best stocks to buy for a coming downturn is Kimberly Clark (NYSE:KMB).You may not immediately recognize the Kimberly Clark name, but you've certainly used their products. We're talking about brands like Kleenex, Huggies, and Cottonelle. No matter how volatile the markets get, or if the trade war takes an unexpectedly negative turn, you're still going to wipe yourself after you use the facilities. At least I hope you do, and that's what drives KMB stock.The other great point about the company is that its fundamentals match our assumptions. In other words, KMB stock levers recession-proof products, and the financials prove it. For instance, net income slipped in 2008, but the metric moved positively the following year.This just shows that when a recession strikes, the best stocks to buy are often the most obvious. Duke Energy (DUK)Source: Shutterstock I've been involved in a few blackout incidents. Certainly, they're not the biggest problems you encounter in life. At the same time, few inconveniences make you feel so useless and inadequate, especially in this digital age. That's why if we suffer a recession, you should peg Duke Energy (NYSE:DUK) among your list of stocks to buy.The case for DUK stock is very straightforward: we all need energy to power our digitally connected lives. Even the most rural communities cannot afford to be cut off from vital energy sources. Sure, in a downturn, most folks skimp on purchases. But they absolutely cannot skimp on their utility bills. Doing so would be catastrophic in their journey to get back on their feet. * 7 Dark Horse Stocks Winning the Race in 2019 Similar to Kimberly Clark, DUK stock has the fundamental data to prove it belongs among the best stocks to buy for a coming recession. Back in 2008 through 2010, net income slipped badly against 2007's annual tally. However, in 2011, Duke decisively hit the recovery track, significantly exceeding 2007 figures. RCI Hospitality (RICK)Source: Edkohler via FlickrIf you want to pick out the best stocks to buy against a possible recession, you should keep it simple. That means going with names that have a proven track record, even when times are tough. With that context, I can't think of many better names than RCI Hospitality (NASDAQ:RICK).I get it: RICK stock generates controversy for its underlying hospitality business. But the stark reality is that the intimacy industry is at least recession-resilient, if not outright recession-proof. During the 2008 market crisis -- the worst such calamity since the October 1929 crash -- The New York Times reported on the phenomenon of $1,000 lap dances.Another factor that makes RICK stock an interesting idea is that shares haven't done so well this year. In fact, they're down more than 19% since January's opening price. Right now, the volatility is keeping conservative investors away. However, if a recession hits, RCI can easily make a case for its spot among the best stocks to buy. Anheuser Busch Inbev (BUD)Source: Paul Sableman via FlickrA common entry among vice stocks to buy, Anheuser Busch (NYSE:BUD) owns several popular beer brands. These include Michelob Ultra, Budweiser and, of course, Bud Light.The latter is highly regarded for its usually hilarious commercials and not much else. I've said it before and I'll say it again: Bud Light is an abomination.But two interesting points make BUD stock an appealing proposition. In a recent beer survey, Bud Light ranked as America's favorite beer. Consumers apparently called it "drinkable and refreshing," two words I would never use to describe Bud Light. But setting that aside, Anheuser Busch-branded beers represented the majority of America's top 10. * 7 Stocks to Buy As They Hit 52-Week Lows My second point is that BUD stock could weather a recessionary storm better than most. Some scientific studies suggest that contrary to popular belief, troubled economic times could correlate with heavier drinking. If so, I'd keep a close eye on Anheuser Busch. AMC Entertainment (AMC)I have to admit that when AMC Entertainment (NYSE:AMC) reported its disappointing first-quarter earnings report, it hit me hard. In fact, it was a double-whammy. Not only did I buy into AMC stock, but I suggested that contrarian investors do the same. Boy, do I have egg on my face for this one.And what exactly was my reasoning for getting involved with this loser? I believed that despite streaming services taking over the entertainment landscape, a viable place existed for the box office. Sure, streaming offers conveniences, but the cineplex provides a social experience that's still relevant to all demographics.Unfortunately, the timing just didn't work out for AMC stock.However, I'm not hitting the panic button despite the sharp losses. Here's why: back in the Great Recession, high-profile entertainment options such as professional sports experienced a noticeable decline in attendance. During the same period, consumers flocked to the movie theaters.In a recession, people want cheap entertainment to forget their troubles. That's what AMC provides, which is why I think it's one of the best stocks to buy if troubles hit. Waste Management (WM)Source: Shutterstock Author and financial guru Robert Kiyosaki once said that "cash is trash." Waste disposal and solutions expert Waste Management (NYSE:WM) may want to adopt a similar statement as their marketing pitch: trash is cash.However, buying WM stock may seem counterintuitive if you're anticipating an economic correction. After all, people tend to buy less stuff during a recession. Moreover, cash-strapped folks tend to fix products that don't work or buy cheap hand-me-downs. Whatever the specifics, the result is fewer opportunities for Waste Management to advantage.But it's also fair to point out that WM stock is a secular investment. Even if the volume of trash decreases in a potential recession, it doesn't disappear altogether. The garbage truck will still come and perform their weekly ritual. * 10 Stocks to Buy That Could Be Takeover Targets More importantly, Waste Management recently acquired a rival in the space, Advanced Disposal, for $3 billion. With a major competitor out of the picture, WM utterly dominates the secular trash-disposal industry. This makes the equity a counterintuitive but viable candidate among stocks to buy for an economic slowdown. Barrick Gold (GOLD)Source: Jeremy Vohwinkle via Flickr (Modified)While we're on the topic of cash being trash, let's talk about gold. The yellow metal is perhaps the only thing we all agree with President Trump on: gold is good. Having more gold is better. I'll let you complete the logical sequence.The spot price for the monetary commodity spiked in late May, to no real surprise. The only shocking thing is that it took so long. We're mired in a deeply contentious political environment, both here and abroad. Furthermore, the dollar has weakened against a basket of international currencies, setting the stage for a stunning recovery.But if you don't want to own physical bullion, consider Barrick Gold (NYSE:GOLD) stock.Barrick Gold consistently ranks at the top among commodity producers. Therefore, if you're going to take a shot in this always-risky segment, you should go with the best.Second, because Barrick is the leading producer, the GOLD stock price will likely have a strong correlation with the metal's spot price. In past years, that correlation was a liability. But with conditions ripe for a turnaround, Barrick stands to benefit substantially.As of this writing, Josh Enomoto is long AMC stock and gold bullion. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post 7 Stocks to Buy for the Coming Recession appeared first on InvestorPlace.

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