|Bid||0.00 x 800|
|Ask||13.28 x 900|
|Day's Range||12.68 - 13.00|
|52 Week Range||11.66 - 21.45|
|Beta (3Y Monthly)||0.42|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.80 (5.28%)|
|1y Target Est||N/A|
AMC Entertainment Holdings Inc NYSE:AMCView full report here! Summary * Bearish sentiment is moderate and increasing * Economic output in this company's sector is expanding Bearish sentimentShort interest | NegativeShort interest is moderately high for AMC with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on April 22. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold AMC had net inflows of $570 million over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.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.
AMC Theatres, which was one of the staunchest critics of MoviePass Inc.’s movie subscription service, has reached 800,000 members with its own. The company says it now operates the No. 1 moviegoing subscription service in North America. “With AMC Stubs A-List, we believe we’ve cracked the code to make this concept successful for AMC, our shareholders, our studio partners and most importantly, our guests,” said AMC President and CEO Adam Aron in a statement.
We haven't even hit the halfway point of this year, and iQiyi (NASDAQ:IQ) is already exhibiting rollercoaster-like behavior. In the first two months of 2019, the IQ stock price gained over 78%, turning embattled stakeholders ecstatic. However, the mood quickly soared shortly thereafter. Right now, shares are up 48% -- a great haul, but no 78%.Source: Shutterstock Even worse, iQiyi stock has shown no sign of returning to its former glory. Part of that volatility has a very clear-cut explanation: after a noticeable thaw in U.S.-China relations, President Trump ramped up tariffs on Chinese-made goods. In turn, the world's second-largest economy promised to retaliate. Not only did iQiyi fall, but so too did compatriots Alibaba (NYSE:BABA), JD.com (NASDAQ:JD), and many others.But in the case of the IQ stock price, the value drop presents a confusing look for investors. On one hand, Chinese companies look like names to avoid at this immediate juncture. On the flipside, contrarians may view this as an opportunity to grab a viable growth firm on the cheap.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Great Stocks to Buy on Dips I can appreciate the temptation. As the Chinese population grew in both size and wealth, Hollywood, along with every other industry saw dollar signs. And it's no understatement that Chinese moviegoers and content consumers have kept the lights on at many studios.That fact alone bodes well for iQiyi stock. As a content producer for the world's largest market, IQ stock should veritably moon.Still, IQ stock languishes. Outside of speculative trading, I'd stay away from this company. Here's why: Narrow Focus Hurts IQ StockTheoretically, iQiyi stock has a bulletproof-business plan: sell Chinese entertainment to Chinese people. In reality, the situation is much more complex. You only need to look at the technical charts to realize this.But why, with a billion-plus audience base, is the IQ stock price failing? This is a simple, but underappreciated risk factor: audiences are incredibly fickle and difficult to predict.Let's look at The Great Wall, a somewhat-controversial film that represented a joint effort between U.S. and Chinese movie studios. As you may know, the entire film centered on China and Chinese folklore. It also featured a heavy dosing of Chinese actors. The one rub was that Matt Damon starred in the film rather than a Chinese actor. Eventually, the movie would go on to bomb at home and abroad.Meanwhile, another U.S.-China co-production, The Meg, featured similar problems: an Asian-led research facility needs help, and the "white savior" archetype provides it, while also getting the (Asian) girl. The film featured almost all the tired, unoriginal stereotypes about Asians.It was a massive box-office success both here and in China.This strange dynamic tells me a lot about Chinese audiences, and by logical deduction, iQiyi stock.The Chinese want entertainment, and Hollywood knows how to deliver, not just in China, but in the rest of the world. Thus, I find iQiyi's near-exclusive focus on China as a liability, not an asset. Financial Metrics Say Everything about iQiyi Stock, UnfortunatelyQuarter-to-quarter, IQ stock's revenue growth is no longer impressive. More worryingly, the company's net-income losses have widened significantly over the same span. If they want to right the ship, they must produce content that appeals universally. * 10 Retirement Stocks That Won't Wilt in a Bear Market Ultimately, I think the mistake that investors are making with iQiyi stock is assuming the "China factor" has clout. It does, but it's not the main dish. You still must produce compelling content, compelling enough for viewers to open their wallets. That's not happening, which is why I'm avoiding this name.As of this writing, Josh Enomoto is long AMC. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Great Stocks to Buy on Dips * 6 Growth Stocks to Buy for the Rest of 2019 * 4 Mega-Cap Stocks to Sell Before They Melt Down Compare Brokers The post Hereas the Reason Iam Not Buying the IQ Stock Discount appeared first on InvestorPlace.
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AMC Entertainment Holdings Inc. shares tumbled 10% Thursday, after the cinema chain operator posted a wider-than-expected loss for the first quarter.
Dropbox, AMC Entertainment, Ford, Anheuser-Busch InBev and Boston beer are the companies to watch on Friday, May 10, 2019.
AMC Entertainment earnings for the first quarter of 2019 have AMC stock falling hard on Thursday.Source: Shutterstock The bad news for AMC Entertainment (NYSE:AMC) starts with its attendance in the first quarter of the year. This comes in at 79.83 million people. That's down roughly 12% from its attendance of 90.93 million reported in the first quarter of 2018.Breaking down attendance for the first quarter of 2019 further, numbers come in at 54.98 million for the U.S.. This is an 11% drop from the company's attendance of 61.86 million from the first quarter of the previous year.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhen it comes to international attendance the company saw 24.85 million customers in the first quarter of the year. This is a roughly 15% decrease from the company's attendance of 29.08 million in the first quarter of the year prior.AMC Entertainment earnings for the first quarter of 2019 also have it reporting losses per share of $1.25. This is a major drop from the company's earnings per share of 14 cents for the same period in 2018. It was also a big hit to AMC stock by easily missing Wall Street's losses per share estimate of 54 cents for the quarter. * 7 Dangerous Dividend Stocks to Stay Far Away From The AMC Entertainment earnings report for the first quarter of the year also have it announcing revenue of $1.20 billion. This is worse off than the company's revenue of $1.38 billion for the first quarter of the previous year. However, it does come in above analysts' revenue estimate of $1.19 billion for the period, but couldn't save AMC stock.AMC stock was down 9% as of Thursday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dangerous Dividend Stocks to Stay Far Away From * 7 Tips for New Investors Young and Old * 10 Great Stocks to Buy on Dips As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post AMC Entertainment Earnings: AMC Stock Hammered by Weak Attendance appeared first on InvestorPlace.
declined Thursday, tumbling 10.4% to $13.12, after the theater chain company missed Wall Street's first-quarter earnings forecasts. The Leawood, Kansas-based company reported a net loss of $130.2 million or $1.25 a share, down from earnings of $17.7 million or 14 cents a year ago, and wider than analysts' expectations of a loss of 55 cents a share. The wider loss was partially due to a 12.2% decline in attendance, AMC said.
AMC Entertainment (AMC) delivered earnings and revenue surprises of -137.25% and 0.21%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The Leawood, Kansas-based company said it had a loss of $1.25 per share. Losses, adjusted for non-recurring costs, were $1.21 per share. The results fell short of Wall Street expectations. The average ...
AMC Entertainment Holdings Inc. shares slid 1% in premarket trade Thursday, after the cinema chain operator posted a wider-than-expected loss for the first quarter. The company said it had a net loss of $130.2 million, or $1.25 a share, in the quarter, after earnings of $17.7 million, or 14 cents a share, in the year-earlier period. Revenue fell to $1.200 billion from $1.384 billion. The FactSet consensus was for a loss per share of 55 cents and revenue of $1.194 billion. "Even with the anticipated slow start to the year, we have been and continue to be quite bullish about the full year prospects for AMC, currently expecting 2019 Adjusted EBITDA to exceed 2018 results, adjusted for ASC 842," Chief Executive Adam Aron said in a statement, referring to an accounting change. The company is expecting the year to be back-end loaded given the slate of films due later and after the first quarter faced a tough comparison given the success of "Black Panther" in early 2018. The U.S. box office declined by 16.2% in the first quarter, but attendance at AMC fell by 10.1%. The second quarter is off to a strong start given the performance of "Avengers: Endgame," which has set records. Shares have fallen 8.7% in the last 12 months, while the S&P 500 has gained 6.7%.
An advanced screening of the biopic will include a live Q&A; with stars Nicholas Hoult, Lily Collins and director Dome Karukoski moderated by Stephen Colbert.
The movie ticket subscription service finally admits you can't make a profit paying full price for something you're going to resell at a discount.
Before we spend countless hours researching a company, we'd like to analyze what insiders, hedge funds and billionaire investors think of the stock first. We would like to do so because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out what the billionaire investors […]
AMC Entertainment (AMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
We've heard it a thousand times before and, almost surely, we'll hear it a thousand times more: Sell in May and go away. This adage is among the oldest sayings in the markets, and there's some truth to it. Around this time of the year, historical data indicate a slowdown in major indices. Taking this advice at face value, however, prevents investors from buying stocks on the cheap.Before we get into why I think May presents a viable long-side opportunity, let's briefly discuss the reasons investors traditionally sell in May. The adage comes from the "golden era" of trading when computerized charts and graphs were only available to the ultra-wealthy. Back then, Wall Street had a mostly "good ole boys" culture. In other words, stocks largely fed off the emotions of a singular demographic.Today, the markets are much more egalitarian. Technology and the internet have brought investing opportunities to a wider demographic. While the Street still has a rich, white male bias, modern investors are much more diverse. Thus, when it comes time to figure out which cheap stocks are the best equities for a certain time of the year, simple adages just don't cut it.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAt the same time, many companies still exhibit volatility in May. Plus, this spring season will likely be an eventful one. Geopolitical tensions are on the rise, with the Trump administration forced to make critical, economic decisions. And discord is increasing at home, putting more pressure on the White House. This equates to great companies that are suddenly on discount. * The 10 Best Stocks to Buy for May My take? Go against the grain. Here are 10 cheap stocks to buy in May: Cheap Stocks to Buy in May: Alphabet (GOOG, GOOGL)Source: Shutterstock Although internet giant Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) delivered an earnings beat for its first quarter of 2019, that wasn't the focus. No, the elephant in the room was the $36.34 billion revenue haul, which slipped against expectations calling for $37.33 billion. The 2.7% sales miss was a rarity, sending GOOG and GOOGL tumbling.Still, I have no problems leading my list of cheap stocks to buy with Alphabet. The same reason why analysts are panicking on GOOG - a rare miss - is also the reason why I'm bullish. We're nowhere near a crisis. Prior to the earnings disclosure, shares were absolutely flying. I view this as a bump on the road.Moving forward, investors can expect management to synergize its deep learning and artificial-intelligence platforms with the digital advertisement space. That would give GOOGL a competitive edge, helping to ensure that this miss stays in the rear-view mirror. Dave & Buster's Entertainment (PLAY)Source: Shutterstock As our own James Brumley reported early last month, the rally in Dave & Buster's Entertainment (NASDAQ:PLAY) is for "real." Brumley was speaking in the context of a surprisingly good fiscal Q4 earnings report. PLAY stock exceeded targets for both earnings and revenue, driving shares higher.However, many investors have a dim view on Dave & Buster's, and for understandable reasons. The company competes in a world that's increasingly digitalized. Nowadays, people can just order up whatever they want, right in the comfort of their own home. Indeed, PLAY almost seems archaic.But I believe the key word here is "almost." While the organization does have fundamental challenges ahead, it offers a social experience that cannot be duplicated with in-home entertainment. More importantly, that experience comes at a much cheaper price tag than going out to an NFL game, for instance. * 10 High-Yield Monthly Dividend Stocks Therefore, I'd look at PLAY's recent takedown as an opportunity to buy one of the most underappreciated cheap stocks. AMC Entertainment (AMC)In the same vein as Dave & Buster's, I'd look at AMC Entertainment (NYSE:AMC) as one of the top cheap stocks to buy. As with PLAY, AMC stock represents an investment into an irreplaceable social experience. The box office is a piece of Americana, and it will stay with us forever.Of course, naysayers will point to streaming as the platform that will send AMC stock to the Stone Ages. To that, I call BS. Don't believe me? Just look at the record-shattering haul that Avengers: Endgame brought to the house: $1.2 billion in its global debut. That's bonkers, especially for a film released in the spring season.Again, the naysayers will point out that the box-office record hasn't translated into a higher prices for AMC stock. They're right. But it also proves that the cineplex industry itself is a tremendously viable opportunity. It's the reason why I personally put shares into my portfolio of cheap stocks. Sony (SNE)Source: Game GavelConsumer-electronics firm Sony (NYSE:SNE) had a strong April, gaining 18% last month. Therefore, it's not what you would call a candidate among cheap stocks to buy. However, SNE stock is up only 6% for the year, and is down considerably from last October's highs.I'm biased because I own shares, and I have many friends during the time I worked there. Aside from my personal ties to SNE stock, though, I see a realistic path toward previous highs. First, we've got to talk about video games and Sony's PlayStation console. While disruptive companies like Alphabet are encroaching with streaming alternatives, only the power inherent in a physical console will satisfy hardcore gamers.Second, I'm really digging Sony's optics division; specifically, their Alpha E-mount cameras featuring interchangeable lenses. I recently had an opportunity to work with a professional photographer using a camera from this line-up. * 7 of the Best ETFs to Buy for a Slowing Economy The results? Simply phenomenal! With the E-mount technology, you get extraordinary quality photos and video in a remarkably compact package. I believe it's a gamechanger, and the optics technology provides synergistic opportunities. WellCare Health Plans (WCG)Source: Shutterstock When it comes to healthcare, I only know two things: it's extremely complicated, and it's extremely expensive. Although it should be the most important sector of my life because it deals with my family, my eyes roll back into my head when this topic comes up.However, recent political movements have forced this sector into the limelight. Key Democrats' support for the "Medicare for All Act" suggests that change is coming. With the embattled Trump administration struggling to keep its voting base intact, it's not inconceivable that the Democrats will win the White House. If so, I like WellCare Health Plans (NYSE:WCG) to work its way out of its current funk.WCG specializes in government-sponsored managed care services. If the Democrats have their way, we'll likely see a surge in Medicaid and Medicare funding. That will then increase the patient pool for WCG, making it one of the longer-term cheap stocks to buy now. Tandem Diabetes (TNDM)Source: Tandem Diabetes Despite my disinterest toward the healthcare system, I do have an eye on healthcare technologies. One of the biggest trends that we currently see is a dramatic rise in accessibility. Both medicinal delivery and surgical systems are moving toward minimally-invasive procedures. This increases the pool of patients, as well as the tech providers' bottom line.Because of this dynamic, I'm very interested in Tandem Diabetes (NASDAQ:TNDM). First, the company offers patients with diabetes an easy, convenient way to control blood-sugar levels. Second, TNDM stock is on discount. Since mid-March of this year, shares are down 16%. * 7 Reasons to Buy Alphabet Stock Despite Its Earnings Miss But I don't think Tandem Diabetes' inclusion among the current cheap stocks to buy will last forever. As InvestorPlace contributor Chris Lau mentioned, TNDM has tremendous growth opportunities. This includes both new products and international expansion plans. Therefore, take advantage of this lull in pricing while you still can. Boeing (BA)Source: Phillip Capper via FlickrEmbattled Boeing (NYSE:BA) presents an interesting case for market observers. On one hand, the bear case against BA stock is patently obvious. Last month, Boeing CEO Dennis Muilenburg admitted that faulty sensors installed in their 737 Max jets caused two high-profile crashes. Because Muilenburg is assuming responsibility, BA faces a mountain of litigation.Despite this ominous cloud, look at what's happening on the other end of the scale: nothing. Sure, BA stock fell sharply from its March highs this year. But since then, shares have been relatively quiet. If the headwinds are truly ugly - and they certainly seem that way - why aren't most stakeholders panicking?I don't mean to be cynical but litigation, even painful ones, don't necessarily spell doom. Plus, Boeing is sure to never repeat this horrible mistake again. With a repentant attitude, what we have remaining is a world-class airliner manufacturer. It's a risky play, but it's also among the contrarian's pick for cheap stocks to buy. Tilray (TLRY)Source: Shutterstock As I've mentioned many times before, marijuana is immediately a compelling opportunity because of its legal legacy. Just a few years ago, the idea of buying weed without the fear of flashing headlights was a pipedream. Now, it's an everyday reality, which bolsters the case for sector players like Tilray (NASDAQ:TLRY).Indeed, TLRY stock has something many other competitors don't: credibility. Last year, Tilray won a federal exemption for marijuana exports when the Drug Enforcement Agency cleared its medical-research partnership with the University of California San Diego. Unfortunately, that hasn't translated to upside momentum for TLRY. In fact, it's turning out to be the worst of the bunch.A recent analyst downgrade doesn't help matters. Although incredibly risky, I believe it's time to include TLRY among the cheap stocks to buy this month. Admittedly, Canadian sales are slowing down, but over the long run, the U.S. market will grow increasingly tolerant. * 4 Marijuana Penny Stocks That Could 'Double' Even if the Trump administration holds to its "law and order" stance, Democrats surely smell blood in the water. It may take some time, but the potential for TLRY is "yuge." MGM Resorts International (MGM)Source: Shutterstock For quite some time, casinos like MGM Resorts International (NYSE:MGM) weren't cheap stocks to buy; they were just cheap. This year got off to a promising start for MGM stock, but recent headlines introduced volatility to its share price. Turns out, the underlying company is going to lay off nearly a thousand workers by this June.Logically, I can understand why so many stakeholders abandoned ship. MGM was always a contrarian pick. Because the headlines contrasted sharply with this contrarian perspective, investors wanted to mitigate risk. Plus, with U.S.-China relations appearing icy again, this geopolitical situation doesn't bode well for MGM.That said, the company's core Las Vegas market is improving. Last year, Clark County gaming revenue hit the $10 billion mark for the first time since the sub-prime lending crisis. It's still a wildly-speculative opportunity, but some justification for the gamble exists. Alcoa (AA)Source: Josh Hallett via Flickr (Modified)Speaking of U.S.-China relations, let's talk about Alcoa (NYSE:AA). Believe me, I know what you're thinking. A major catalyst for souring relations is President Trump's harsh stance on Chinese business practices, particularly with aluminum-dumping. Trump imposed harsh penalties for selling commodities at less than fair market value. After some tit-for-tat policies, we're essentially back to square one.Except, of course, for AA stock. Alcoa is well below square one, giving up most of the gains it enjoyed under the conservative Trump administration. A disappointing earnings report for the company's Q1 further crystallizes the bearish argument. Alcoa is levered toward commodity prices, and this segment just isn't doing well. * 7 Stocks That Are Soaring This Earnings Season But if you're a risk-tolerant contrarian, you've probably noticed that Alcoa generated surprisingly strong free cash flow. Ordinarily, I wouldn't look at this metric as the go-to reason to buy shares. However, management clearly reorganized its business to remain cash-flow rich under duress. Imagine what it could do without the pressure?As of this writing, Josh Enomoto is long AMC and SNE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best Stocks to Buy for May * 5 Elephant-Sized Companies Warren Buffett Could Buy * 7 Cheap ETFs for Novice Investors Compare Brokers The post 10 Cheap Stocks to Buy in May, But Don't Go Away appeared first on InvestorPlace.
A movie theater that's been closed since late 2017 in a prime Charlotte location is ready to debut with a new look inside — and a new operator.