AMC - AMC Entertainment Holdings, Inc.
9.54 0.00 (0.00%)
After hours: 4:18PM EST
| Previous Close | 9.62 |
| Open | 9.55 |
| Bid | 9.51 x 900 |
| Ask | 9.83 x 2200 |
| Day's Range | 9.27 - 9.67 |
| 52 Week Range | 8.73 - 17.07 |
| Volume | 1,642,476 |
| Avg. Volume | 2,156,323 |
| Market Cap | 938.905M |
| Beta (3Y Monthly) | 0.84 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.19 |
| Earnings Date | Nov 7, 2019 |
| Forward Dividend & Yield | 0.80 (8.32%) |
| Ex-Dividend Date | 2019-11-29 |
| 1y Target Est | 14.83 |
- Moody's
AMC Entertainment Holdings, Inc. -- Moody's announces completion of a periodic review of ratings of AMC Entertainment Holdings, Inc.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of AMC Entertainment Holdings, Inc. New York, November 11, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of AMC Entertainment Holdings, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- Schaeffer's Investment Research
Struggling AMC Stock Could Suffer Even More Downside
The 120-day moving average has had bearish implications for the equity in the past
- Simply Wall St.
These 4 Measures Indicate That AMC Entertainment Holdings (NYSE:AMC) Is Using Debt In A Risky Way
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
- Thomson Reuters StreetEvents
Edited Transcript of AMC earnings conference call or presentation 7-Nov-19 1:30pm GMT
Q3 2019 AMC Entertainment Holdings Inc Earnings Call
- Zacks
AMC Entertainment (AMC) Reports Q3 Loss, Tops Revenue Estimates
AMC Entertainment (AMC) delivered earnings and revenue surprises of -47.22% and 0.33%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
- MarketWatch
AMC posts wider-than-expected Q3 loss as revenues beat
AMC Entertainment Holding Inc. said Thursday it had a net loss of $54.8 million, or 53 cents a share, in the third quarter, narrower than the loss of $100.4 million, or 82 cents a share, posted in the year-earlier period. revenue rose to $1.317 billion from $1.221 billion. The FactSet consensus was for a loss per share of just 42 cents and revenue of $1.308 billion. The cinema chain operator said attendance rose to a record 87.1 million tickets in the quarter as average ticket price rose 3.3% to $9.45. U.S. food and beverage revenue per patron rose 4.7% to a record $5.35. Shares were not yet active premarket, but have fallen 21% in 2019, while the S&P 500 has gained 23%.
- Business Wire
AMC Entertainment Holdings, Inc. Announces Third Quarter 2019 Results
LEAWOOD, Kan.-- -- Q3 Total Revenues of $1.317 billion, up 7.8% from last year Q3 Net loss of $54.8 million, 45.4% improvement from last year Q3 Adjusted EBITDA of $156.5 million, up 9.9% from last year Q3 Adjusted EBITDA, adjusting 2018 for ASC 842 impact, increased 31.3% Q3 Total attendance of 87.1 million tickets sold set an all-time high quarterly record Q3 U.S. average ticket price grew 3.3% to ...
- Zacks
New Strong Sell Stocks for November 5th
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- PR Newswire
"FRIENDSGIVING" Hits Movie Theaters As Fans Are Treated To Eight Thanksgiving-Themed Episodes In Celebration Of Friends' 25th Anniversary
The Event Pays Tribute to the Beloved Television Comedy by Screening Fan-Favorite Episodes Over Two Days This November DENVER , Oct. 31, 2019 /PRNewswire/ -- Fathom Events continues its celebration of ...
- Zacks
AMC Entertainment (AMC) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
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.
- MoneyShow
At the Movies with AMC Holdings
AMC Entertainment Holdings (AMC) -- the world's largest operator of movie theaters -- carries our highest investment recommendations of 5-STARS, or Strong Buy, explains analyst Tuna Amobi in CFRA Research's The Outlook.
- Zacks
New Strong Sell Stocks for October 29th
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- Insider Monkey
Did Hedge Funds Drop The Ball On AMC Entertainment Holdings Inc (AMC) ?
Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]
- Business Wire
AMC ENTERTAINMENT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of AMC Entertainment Holdings, Inc. - AMC
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into AMC Entertainment Holdings, Inc. (AMC). On March 3, 2016, AMC announced its intention to acquire Carmike Cinemas, completed in December 2016. AMC also acquired European chain Odeon and UCI Cinemas Holdings Ltd. in November 2016 and Stockholm-based Nordic Cinema Group Holding AB in March 2017.
- Business Wire
AMC Entertainment Holdings, Inc. Announces Quarterly Dividend of $0.20 Per Share
AMC Entertainment Holdings, Inc. (AMC) (“AMC” or “the Company”), the largest theatrical exhibition company in the world, today announced that its Board of Directors has declared a dividend for the quarter ended September 30, 2019, of $0.20 per share on shares of Class A and Class B common stock, its twenty-third consecutive dividend since the Company’s initial public offering. AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with more than 1,000 theatres and more than 11,000 screens across the globe. AMC operates among the most productive theatres in the United States' top markets, having the #1 or #2 market share positions in 21 of the 25 largest metropolitan areas of the United States.
- GuruFocus.com
Why AMC Could Be an Underrated Stock
The company’s growth plans may catalyze its financial prospects Continue reading...
- Zacks
New Strong Sell Stocks for October 24th
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- PR Newswire
GKIDS and Fathom Events Bring 'Weathering With You' to Cinemas for Nationwide Fan Preview Screenings January 15 & 16
DENVER, Oct. 23, 2019 /PRNewswire/ -- GKIDS, the acclaimed distributor of multiple Academy Award®-nominated animated features, and Fathom Events, the leading distributor of event cinema, will continue their partnership into 2020, bringing "Weathering With You" to U.S. audiences nationwide for Special Fan Preview screenings over two nights only. "Weathering With You" is the newest release from director Makoto Shinkai, and producer Genki Kawamura, whose previous film "Your Name" set box office records in Japan and around the world ($360 million worldwide box office), and is currently receiving a major studio live-action remake from JJ Abrams.
- PR Newswire
Canelo Alvarez and Sergey 'Krusher' Kovalev's Battle for the WBO Light Heavyweight World Title Live in U.S. Movie Theaters on November 2
Fathom Events, Golden Boy, Main Events and Krusher Promotions Present Championship Fight Live from the MGM Grand Garden Arena in Las Vegas DENVER , Oct. 23, 2019 /PRNewswire/ -- On Saturday, November 2 ...
- Zacks
Taiwan Semiconductor Manufacturer, AMC Theatres, Boeing, American Airlines and Lockheed Martin highlighted as Zacks Bull and Bear of the Day
Taiwan Semiconductor Manufacturer, AMC Theatres, Boeing, American Airlines and Lockheed Martin highlighted as Zacks Bull and Bear of the Day
- MarketWatch
AMC Theatres launches streaming service in latest blow to Netflix
AMC Theatres, the biggest cinema chain in the world, said Tuesday it is launching a streaming service that will allow members of its loyalty program to rent or buy films and watch them at home, the first such offering from a cinema operator.
- InvestorPlace
Disney Stock Can Clearly Win the Streaming Wars Now
If you're a Star Wars fan, this is unquestionably a great time to be alive. With franchise owner Disney (NYSE:DIS) at the helm, it has the power and resources to expand the narrative to new frontiers. And it's doing exactly that, with Star Wars: The Last Jedi scheduled for release this December. That alone is enough to get excited about Disney stock.Source: Volodymyr Plysiuk / Shutterstock.com Of course, the Magic Kingdom isn't stopping there. The company's much-awaited streaming platform, Disney+, will soon launch with the headlining Star Wars-based live-action series, The Mandalorian. It follows the exploits of a bounty hunter in the style of Boba Fett, a fan favorite character. Written and created by Jon Favreau, The Mandalorian could help lift Disney+ past streaming rival Netflix (NASDAQ:NFLX). And that would likely send DIS stock into hyperspace.Moreover, Disney is apparently having the effect that it badly wants. In Netflix's third-quarter earnings conference call, the streaming giant's management team acknowledged competitive difficulties. Although NFLX executives have admitted a "modest headwind" from DIS and streaming newcomer Apple (NASDAQ:AAPL), I'm sure the conversations behind closed doors are much more vibrant.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOn the surface, this tension seemingly bodes well for Disney stock. But breaking the binary dynamic between Disney's empire and Netflix's rebellion comes another unexpected player: AMC Entertainment (NYSE:AMC).In a stunning announcement, the cineplex operator will introduce a streaming video store for films that have just finished their theatrical run. More importantly, AMC has partnerships with the biggest Hollywood studios: Disney, AT&T's (NYSE:T) Warner Bros., Comcast's (NASDAQ:CMCSA) Universal, Sony (NYSE:SNE) and Viacom (NASDAQ:VIA, NASDAQ:VIAB), which owns Paramount. * The 10 Best Mutual Funds for Your 401k But will this end up cannibalizing DIS stock? For Disney Stock, Everything Centers on ContentOn the surface, the last thing streaming companies need is more competition. By increasing the number of (exclusive) options, for the end-consumer, you're killing what makes streaming beautiful.On average, a corded TV subscription costs more than $64. Cut the cord, though, and you're looking at compelling options. Netflix offers their basic plan at $9 and their premium at $16. On the other hand, Disney will start their monthly subscription price at a crazy-low $7. And Apple TV+ is going subterranean at $5 per month.But as the streaming customer adds up these services, the discount against cable becomes less meaningful. Plus, who has time to watch all this content?Therefore, AMC will definitely have an impact on the streaming landscape. But will it negatively affect DIS stock? I highly doubt it.For one thing, Disney partnered with AMC. Clearly, both sides see this as a symbiotic relationship. Second and more importantly, the deal emphasizes what matters most: content.From the cineplex industry's perspective, their revenue stream has flatlined. But what brings in the people are the big franchise movies like Star Wars. As I've argued before, DIS owns an enviable content empire, which should drive both box office sales and DIS stock.For the streaming component, Disney is also in an enviable position. According to Stephan Paternot, co-founder & CEO of Slated, the differentiating factor in the streaming wars is, again, content. Regarding this business, Paternot states, "All players, including AMC, will need to ramp up acquisition of content to attract and maintain subscribers."Such sentiment suits Disney stock perfectly. Although the company's prior acquisitions have been pricey, they were also focused. Disney recognized that they needed compelling content to win the next evolution in entertainment. They're merely practicing what they preach. Disney's Victim ListAs reality dictates, not all streaming relationships are symbiotic. Regarding AMC's news, I believe stakeholders of DIS stock can relax. The deal is good news for the two parties.But what about the rest of the pack? Notably, Netflix has the most to lose since they've long been the uncontested streaming player. While I do see risks, I think Netflix has some safety buffer. In recent years, the company has proven that their core catalyst lies well beyond the underlying streaming platform. * 7 Restaurant Stocks to Leave on Your Plate If Paternot is correct about his assessment, Netflix should get a reprieve: they offer brilliant original content.So, who will become streaming's losers? Frankly, I'm not feeling Apple TV+. Although its price point is attractive, the limited content volume is not. You're getting considerably more value from either Disney+ or Netflix.I'm also not getting a great read from Amazon's (NASDAQ:AMZN) Prime Video. With so many options now with AMC in the mix, Prime Video appears largely superfluous.However, Apple and Amazon have their own core businesses, where as Disney is all about entertainment. With Disney+, management's long-term strategy is finally making sense. And that's great news for Disney stock.As of this writing, Josh Enomoto was long AMC, T and SNE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Penny Stocks to Buy * 7 Bank Stocks to Avoid Now at All Costs * The 10 Best Mutual Funds for Your 401k The post Disney Stock Can Clearly Win the Streaming Wars Now appeared first on InvestorPlace.
- Bloomberg
Netflix Results Will Test Investors’ Mettle as Competition Looms
(Bloomberg) -- The stakes are often high when Netflix Inc. reports results: Stock swings of 10% or more aren’t uncommon. But with the shares down more than a fifth since the streaming giant disappointed investors in July, the risk of another plunge may be lower this time around.When Netflix posts results after markets close Wednesday, analysts expect an increase of about 800,000 U.S. subscribers for the third quarter and about 6 million internationally. Whether or not the company hits those targets may depend on how much Netflix’s new programming resonated with viewers.The timing of Netflix’s latest shows probably helped subscriber growth, said Third Bridge’s Scott Kessler, who cited the new season of “Stranger Things” as a potential driver. Netflix also may have gotten a boost from a competitor’s show, HBO’s “Game of Thrones,” ending its run.Gerber Kawasaki Inc., a Netflix investor, also expects “a pop from the people moving from HBO and resubscribing,” thanks to “Stranger Things.”Still, Gerber investment adviser Nick Licouris said the firm has been reducing its position because of looming competition from Apple Inc., Walt Disney Co., AT&T Inc. and Comcast Corp. The Santa Monica, California-based wealth manager holds more than 12,000 shares valued at almost $3.7 million, according to a June regulatory filing.The earnings report this afternoon “is a heavily debated setup, the trickiest one in a while,” said Lynx Equity analysts KC Rajkumar and Jahanara Nissar. The firm called it “a high-wire act” where “much could go wrong.”Given that Netflix has been growing so much faster internationally, analysts will be eyeing the company’s progress -- and spending -- in key foreign markets.“We’re looking to see if there’s any meaningful traction with some of the lower-priced, mobile-only plans -- with India primarily,” Andy Hargreaves, a KeyBanc Capital analyst, said in an interview.Netflix itself predicted in July it would add a total of 7 million subscribers in the third quarter -- 800,000 in the U.S. and 6.2 million elsewhere.Read more: Netflix Investors Are Bracing for Another Disappointing QuarterMany investors may still be smarting from the company’s last quarterly report. Three months ago, Netflix posted disappointing second-quarter subscriber growth -- and a rare drop in the U.S. The shares slumped 10%.“It would be hard for it to be worse” this time, Hargreaves said, though investor concerns will persist as new streaming services increase the risk of higher subscriber churn or marketing costs, according to a note.Rosenblatt Securities predicts the company’s fourth-quarter subscriber guidance will miss Wall Street’s consensus, according to a note from analyst Bernie McTernan. He expects the forecast to “be treated with greater than normal skepticism” given that Netflix is reporting weeks before the launch of competing offerings, such as Disney+.“Netflix has never faced this level of competition from a new entrant,” he wrote.And although Netflix remains the largest short in the film and entertainment sector, “short sellers have been slowly trimming their exposure,” according to financial analytics firm S3 Partners. The streaming service’s short interest totals $6.2 billion with almost 22 million shares shorted and about 1.8 million shares covered since the beginning of August, the firm said.Gerber’s Licouris sees room for both a Netflix and Disney+, but warns that “at some point, it becomes extremely saturated.”On Tuesday, for example, the largest U.S. theater chain, AMC Entertainment Holdings Inc., announced a new service that would give U.S. subscribers online access to nearly 2,000 movies for rent or purchase.See also: Netflix Earnings-Linked Options Lean Bullish in Run-Up to ReportWhat Bloomberg Intelligence Says:Netflix will not only have to exceed its guidance for 7 million subscriber additions but also deliver a healthy 4Q forecast to allay concerns that have dogged the company.-- Geetha Ranganathan, senior media analyst-- Click here for the researchJust the Numbers3Q streaming paid net change estimate (Bloomberg MODL)3Q domestic +798,3603Q international +6 million3Q revenue estimate $5.25 billion (Bloomberg data)3Q GAAP EPS estimate $1.05 (range $1 to $1.23)4Q streaming paid net change estimate (Bloomberg MODL)4Q domestic +1.28 million4Q international +8.04 million4Q revenue estimate $5.51 billion (range $5.40 billion to $5.70 billion)4Q GAAP EPS estimate 82c (range 44c to $1.12)Data31 buys, 10 holds, 4 sells; avg. PT $365.36Implied 1-day share move following earnings: 11.0%Shares rose after 6 of prior 12 earnings announcementsGAAP EPS beat estimates in 9 of past 12 quartersTimingEarnings release expected 4 p.m. (New York time) Oct. 16Conference call websiteFor deep estimates in this story see NFLX US Equity MODL(Adds analyst comment in sixth paragraph and short interest commentary in 14th.)To contact the reporter on this story: Kamaron Leach in New York at kleach6@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Nick Turner, Rob GolumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- MarketWatch
AMC streaming service may help company capture market share from rivals: analyst
Imperial Capital analyst David Miller said AMC Theatres new streaming service for its loyalty program members will likely spur more loyalty from those customers and may help the company take market share from competitors. "In general, more services tacked on to loyalty programs in price elastic businesses tend to, more often than not, foster more loyalty," Miller wrote in a note to clients. "That has been the case over the years in the airline industry as airline loyalty programs have grown more sophisticated." Miller said his initial reaction to the news was negative. AMC said the more than 20 million U.S. households that are AMC Stubs members can now stream more than 2,000 films on its mobile app, and/or a Roku device on demand and receive points against their Stubs memberships, that can be used in-theater. That seemed to encourage them to stay at home to watch films, the exact opposite of what cinemas are trying to persuade them to do. But he changed his view on seeing the positive market response and realizing that the company is using its loyalty program as a distribution network for the first time. "'AMC Theaters on Demand' now has the opportunity not only to promote various trailers for upcoming films in the theater, but also to promote new theater/re-seating renovations and/or MacGuffins Wine Bar features at select locations," he wrote. The analyst is sticking with his outperform rating on the stock and $21 price target. AMC shares were up 2% premarket, but have fallen 25% in 2019, while the S&P 500 has gained 19.5%.
