AMC - AMC Entertainment Holdings, Inc.
| Previous Close | 11.70 |
| Open | 11.80 |
| Bid | 0.00 x 1200 |
| Ask | 0.00 x 1000 |
| Day's Range | 11.67 - 11.98 |
| 52 Week Range | 8.73 - 21.45 |
| Volume | 1,620,249 |
| Avg. Volume | 2,680,138 |
| Market Cap | 1.242B |
| Beta (3Y Monthly) | 0.43 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.62 |
| Earnings Date | Nov 6, 2019 - Nov 11, 2019 |
| Forward Dividend & Yield | 0.80 (6.84%) |
| Ex-Dividend Date | 2019-09-06 |
| 1y Target Est | 15.92 |
- PR Newswire
Bruce Springsteen's Critically Acclaimed Album 'Western Stars' Comes to the Big Screen This October as a Feature Film
DENVER, Sept. 13, 2019 /PRNewswire/ -- On the heels of the successful world premiere of Bruce Springsteen's "Western Stars" at the Toronto International Film Festival, Fathom Events announces that it will bring music legend Bruce Springsteen to cinemas across America in an exclusive two-night theatrical release of "Western Stars." The Fathom screenings, which will be held on October 19 and 23, will also feature an exclusive look behind the scenes with Springsteen, including never-before-seen archival footage and previously unreleased music from the Springsteen vault.
- PR Newswire
'QT8: The First Eight,' Exploring the Career of Quentin Tarantino, is Coming to Movie Theaters Nationwide for One Night on October 21
New Documentary Features Interviews about the Legacy of Tarantino with Stars Including Samuel L. Jackson, Jamie Foxx and Kurt Russell DENVER , Sept. 12, 2019 /PRNewswire/ -- Fathom Events is bringing a ...
- PR Newswire
Cirque du Soleil LUZIA, Coming to Movie Theaters Nationwide, October 29
Fathom Events to Bring the Thrills and Wonder of Cirque du Soleil to Cinemas Across the Country for a One-Night Event this Fall DENVER , Sept. 10, 2019 /PRNewswire/ -- Cirque du Soleil continues its partnership ...
- Bloomberg
Tepid Box Office Prompts Analysts to Cut Theater Estimates
(Bloomberg) -- Movie-theater companies may be missing the power of Earth’s Mightiest Heroes.After strong domestic box-office performance earlier in the year, led by the historic success of “Avengers: Endgame,” third-quarter performance is looking soft, analysts said, prompting two firms to trim their estimates on theater chains.MKM Partners lowered its third-quarter revenue and Ebitda estimates on both AMC Entertainment Holdings and Cinemark Holdings, citing the weaker-than-expected U.S. box office. Analyst Eric Handler wrote that based on results in July and August, he now expects the domestic third-quarter box office to rise 2.5% from the year-ago period, compared with a prior view of 10% growth.Shares of Cinemark dropped 1.4% in Tuesday trading.Handler wrote that “our biggest concern right now” with AMC is that estimates may also be too high for 2020. He said the domestic box office could be down 4% next year, as it faces difficult comparisons with major hits from earlier in 2019, including “Avengers.” He has a buy rating on Cinemark but trimmed his price target by $2 to $43.Shares of AMC slipped 0.1% on Tuesday, though the stock has risen more than 30% from a July low. While there were some sizable blockbusters in the third quarter, including “The Lion King,” it also featured a soft debut for “Hobbs & Shaw,” while “It: Chapter Two” had a weaker opening weekend than its predecessor.According to Bloomberg Intelligence, “the U.S. box office needs a supernatural performance through year-end just for sales to draw even with 2018.”Separately, B Riley FBR lowered its adjusted earnings expectations for IMAX Corp.’s 2019 and 2020, also citing weaker-than-expected box-office trends.“With lower-than-expected results out of ‘It: Chapter Two’ over this past weekend and modest expectations for ‘Ad Astra,’ we now project that IMAX is tracking to $225-230M in global box office for 3Q19 vs. our previous estimate of $249M and the current consensus estimate of $246M,” analyst Eric Wold wrote.Despite that, he reiterated his buy rating and $34 price target on IMAX shares, writing that he was optimistic on its long-term trends, as well as the “improving profitability of the core cinema operations.”IMAX shares were little changed, though the company is coming off a four-day rally.(Adds Tuesday trading activity throughout.)To contact the reporter on this story: Ryan Vlastelica in New York at rvlastelica1@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Steven FrommFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Simply Wall St.
Is AMC Entertainment Holdings, Inc. (NYSE:AMC) Trading At A 38% Discount?
How far off is AMC Entertainment Holdings, Inc. (NYSE:AMC) from its intrinsic value? Using the most recent financial...
- PR Newswire
Award-Winning Documentary 'Skid Row Marathon' Comes to Movie Theaters Nationwide for a One-Day-Only Cinematic Event on October 14
Moviegoers Can Discover the Story of Dignity, Determination and Compassion That Has Audiences Standing Up and Cheering at Film Festivals Around the World Tickets on Sale Now DENVER , Sept. 5, 2019 /PRNewswire/ ...
- Zacks
Timing the Market, Is it Possible? - August 29, 2019
Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- PR Newswire
Fathom Events Brings the Blockbuster Comedy "Ghostbusters" Back to the Big Screen for Its 35th Anniversary
On October 6 and 10 Only, There's Something Strange in Your Neighborhood Movie Theater as the Iconic 1984 Hit Returns, and Reunites Key Cast Members DENVER , Aug. 28, 2019 /PRNewswire/ -- Paranormal activity ...
- InvestorPlace
7 Stocks That Wall Street Thinks Could Rise 50% Or More
Wall Street analysts don't always get it right. After all, behind the Wall Street allure, they are just people -- like you and me -- doing their best to predict future stock prices, which is, for what it's worth, one of the harder things to predict in the world.Still, investors would be wise to listen to Wall Street analysts. Don't treat their recommendations like a crystal ball. Instead, take them with a grain of salt. But, still take them, because these are smart people with a lot of resources who are doing their best to get it right.Investors should listen in particular when Wall Street analysts are either super bullish -- or super bearish -- on a stock, because this indicates that a group of trained and equipped individuals are screaming "Buy" or "Sell". In this article, we will focus on the former.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSpecifically, we are going to take a look at seven stocks that Wall Street analysts think can rally 50% or more over the next 12 months. Specifically, we'll look at stocks that have a consensus sell-side, forward 12-month price target that is 50% or more above the current stock price. * 10 Companies Using AI to Grow Will all these stocks rally 50% or more over the next 12 months? No. But some could, which would make them some of the best stocks to invest in now. And that alone makes the group worth looking at. Wall Street's Best Stocks With 50%-Plus Upside: AMC Entertainment (AMC)Source: Helen89 / Shutterstock.com Price Target (according YCharts): ~$16.50Current Price: ~$11Implied Upside: Roughly 50%One beaten up stock which Wall Street is particularly optimistic about is AMC Entertainment (NYSE:AMC).AMC stock has been beaten and bruised in 2019, as shares have tumbled more than 40% over the past 52 weeks to what are essentially all-time lows. The culprit? A sluggish first half 2019 box office, which reinvigorated fears that the movie theater business is a dying one, and that AMC is a dying company.But, the box office has picked up steam in July and August -- thanks mostly to the latest Spider-Man movie -- and most industry insiders and analysts project this newfound strength to persist into the back-half of 2019, led by a new Frozen movie and a new Star Wars movie. That's why analysts haven't thrown in the towel just, and have a $16.50 consensus price target on the stock -- roughly 50% above where the stock trades today.The thesis? As the box office rebounds in the back-half of 2019, investors will realize that movie theater apocalypse fears were overstated. They will rush back into AMC stock, pushed by the fact that the stock is trading at a huge discount to its average valuation. This rush will cause AMC stock to fly higher.I 100% agree. As such, I think Wall Street has it right here. Buy AMC stock before the second half rebound. Uber (UBER)Source: NYCStock / Shutterstock.com Price Target: ~$52Current Price: ~$33Implied Upside: Nearly 60%Another beaten up stock that Wall Street is still highly optimistic on is Uber (NYSE:UBER).The ride-share giant has had an awful time as a public company. The IPO was a dud, with UBER stock closing below its $45 IPO price in its first day of trading. Not a good start. The stock has since spent very little time above that IPO price, and following a bad earnings report in early August, has dropped all the way to $33.That's a long way from $45. But, analysts are still broadly optimistic, with a $50-plus consensus price target on the stock, representing nearly 60% upside from today's level.The thesis? Near-term weakness is noise. In the big picture, the ride-sharing market projects to be huge, and Uber projects as the leader in that market given its liquidity network advantage -- more drivers equals more riders, which equals more drivers. That market will rationalize as its matures -- as most markets do -- and Uber's promotional activity will ease up, creating runway for gross margins to move higher. Big revenue growth will concurrently drive positive operating leverage. Operating margins, therefore, have visibility to be sizable one day. As do revenues. That combination implies big profits at scale, which aren't priced in today. * The 10 Biggest Winners From Second-Quarter Earnings Again, I 100% agree with that thesis. Uber is a long-term growth company going through some growing pains right now. The big picture fundamentals remain healthy, and in the long run, this company (and the stock) will do very well. Jumia (JMIA)Source: Christopher Penler / Shutterstock.com Price Target: ~$25.50Current Price: ~$12Implied Upside: Over 100%Yet another beaten and bruised stock that Wall Street hasn't give up hope on is Jumia (NASDAQ:JMIA).Jumia is a rapidly growing African e-commerce platform. From that alone, the bull thesis is very simple. Africa is the last great frontier of the global technology revolution, with an internet penetration rate below 40% (the rest of the world is above 60%). But, over the next decade, the global technology revolution will sweep through this last frontier, sparked by more widespread and affordable internet access, cheaper smartphones and private and public investment into the space. This revolution will dramatically grow and expand Africa's digital economy, of which e-commerce is one of the biggest components.Jumia is at the epicenter of Africa's e-commerce market, with over $1 billion in GMV and nearly 5 million active buyers across multiple countries. As such, the bull thesis is that as Africa's e-commerce market surges over the next several years, so will Jumia -- with the end result being that Jumia turns into the Alibaba (NYSE:BABA) or JD.Com (NASDAQ:JD) of Africa. Those are $40 billion-plus companies. Jumia has a market cap of under $1 billion. Thus, the long-term upside potential is compelling.But, there are a bunch of red flags here. Specifically, short-seller Citron has claimed that the company's numbers are fake -- they book fake orders, book cancelled orders (which account for a large volume of total orders), rarely ever deliver an actual package and dramatically overstate GMV, among other things. The evidence is hard to refute here. That's why investors have listened with both ears, and why JMIA stock has tumbled from $50 to $10 over the past few months.Analysts think it will rebound. I think it could. But, I also think that before it rebounds, management has to more appropriately address the fraud allegations. Until they do, I'm unconvinced that JMIA stock can stage a big rebound. Stitch Fix (SFIX)Source: Sharaf Maksumov / Shutterstock.com Price Target: ~$36Current Price: ~$19Implied Upside: About 90%Investors seem to have thrown in the towel on online personal styling service Stitch Fix (NASDAQ:SFIX). Wall Street hasn't.The bull thesis is pretty simple. Stitch Fix saves money and enhances consumer convenience. On the consumer convenience front, Stitch Fix makes it so consumers don't have to worry about what to wear, or how to find the clothes they want to wear. Stitch Fix does all the styling for you, and sends the clothes to your front door. On the saving money front, Stitch Fix does all of that for just $20 per month, and that fee is mostly for the personal styling. The clothes are essentially "free" -- you don't have to buy any of the clothes Stitch Fix sends you. Instead, you buy what you like, and send back the rest.Seems like a solid value prop. Consumers should fall in love with that service, and as they do, Stitch Fix will disrupt the entire retail landscape, which will result in huge revenue and profit growth, the likes of which will power SFIX stock higher.That's what analysts think. They have a $36 price target on SFIX stock -- 90% above today's price tag.But, the bear thesis here shouldn't go unnoticed. It can be summed up in a few words: people don't care that much about what they wear. Most consumers won't find an extra $20 a month to shuffle out to personal styling, and those who do amount to a small group, of which Stitch Fix is already dominating. Thus, where does the growth come from? * The 10 Biggest Winners From Second-Quarter Earnings I don't buy this bear thesis, yet, at least. Stitch Fix has 3.1 million active clients. There are about 340 million people in the U.S. Thus, Stitch Fix is at less than 1% penetration. That's too low. In my personal circle, I can think of more than one in a hundred people who would pay for Stitch Fix. Consequently, I don't think this growth narrative is over -- on the contrary, it may just be getting started. Canopy Growth (CGC)Source: Shutterstock Price Target: ~$45Current Price: ~$25Implied Upside: About 80%Pot stocks have been killed over the past few months by a slew of bad news across the industry. Cannabis industry leader Canopy Growth (NYSE:CGC) has been no exception to this trend. Instead, it has been hit the worst. But, analysts remain largely optimistic about the company's long-term growth prospects.Once upon a time, CGC was a $50 stock with a bunch of promise. Canopy dominated the Canadian cannabis market without challenge. The CEO was promising $1 billion in revenue soon. They had announced their intention to explode onto the U.S. cannabis scene with the acquisition of Acreage (once cannabis became federally legal).That was several months ago. Today, the story is much different. Canopy has reported disappointing quarters back-to-back, which in sum paint a picture of a cannabis giant losing its lead. The CEO who promised $1 billion in revenue was canned and that $1 billion target looks more elusive than ever now. All has gone quiet on the U.S. front. CGC stock has consequently been cut in half, dropping from $50 to $25.Analysts are advising investors to mostly look at the big picture here. Canopy is in the first inning of a long-term growth narrative. A lot of what happens today will amount to nothing more than noise in a decade. As such, investors should pay attention to the core long-term growth fundamentals. Those remain broadly healthy. Cannabis still projects to be a huge market, Canopy still has the biggest balance sheet in the industry, they are still the sales leader, they still have the biggest production capacity, and they are still backed by a global alcoholic beverage giant.Net net, analysts think that Canopy still projects as the leader in what will amount to a massive global cannabis market in a decade. I agree. That's why I think recent weakness in CGC stock is a long-term opportunity. Groupon (GRPN)Source: Ken Wolter / Shutterstock.com Price Target: ~$3.75Current Price: ~$2.25Implied Upside: Over 65%The only penny stock that found its way on this list is discount platform Groupon (NASDAQ:GRPN).Groupon wasn't always a penny stock. Earlier this decade, GRPN stock was trading hands above $20. But, it has since plunged into penny stock territory because the online discounts market has proven more niche than investors originally thought. That is, in a world where companies often run their own discounts on their own websites, a third-party discount code aggregator isn't all that important.That's why Groupon's active user base has shrunk -- not grown -- over the past several quarters. Revenues have dropped. So have profits. As has GRPN stock.Analysts think a rebound is coming, with a consensus sell-side price target that stands over 65% above the current GRPN stock price. That's because Groupon is pushing forward on a local-focused and mobile-driven growth strategy that has potential to reinvigorate growth and stabilize margins. * 7 Stocks the Insiders Are Buying on Sale This strategy may work. But, because Groupon has been a losing stock for so long, investors won't believe it until they see it. Right now, investors can't see it (last quarter's numbers were bad). As such, for the foreseeable future, I don't see GRPN stock rebounding in a big way. Skechers (SKX)Source: ThamKC / Shutterstock.com Price Target: ~$43Current Price: ~$28Implied Upside: Over 50%Last, but not least, on this list of stocks which Wall Street thinks can rally 50% or more is athletic footwear brand Skechers (NYSE:SKX).SKX stock soared to $40 in late July after the company reported very strong second-quarter numbers that included robust revenue growth, strong margin expansion, big profit growth and a healthy third-quarter guide. But the stock has since given up all of those gains -- and then some -- because of escalating trade tensions, of which Skechers finds itself at the epicenter due to its global growth narrative.Analysts think this trade war selloff is over done, with a $43 price target on the stock -- 50% above today's price tag. I agree with these bullish analysts.Skechers is a great company that dominates the mid-price niche in the global athletic apparel market. This great company is firing on all cylinders right now, because the company is doubling down on its vastly under-penetrated international opportunity. Revenues are running higher. Margins are expanding. Profit growth is as big as it has been in a long time.And yet, SKX stock trades at a depressed 13-times forward earnings. That's too cheap for this double-digit revenue grower with upside margin drivers. As such, once trade tensions ease -- and they are already starting to -- SKX stock should soar in a big way.As of this writing, Luke Lango was long AMC, UBER, BABA, JD, SFIX, CGC and SKX. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Industry Dividend Stocks for Growth and Income * 7 Stocks the Insiders Are Buying on Sale * 7 of the Worst Stocks on Wall Street The post 7 Stocks That Wall Street Thinks Could Rise 50% Or More appeared first on InvestorPlace.
- Business Wire
AMC Entertainment Holdings, Inc. to Participate in Upcoming Investor Conferences
AMC Entertainment Holdings, Inc. , is scheduled to participate in the following upcoming investor conferences:
- ACCESSWIRE
Amcor Plc to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / August 21, 2019 / Amcor Plc (NYSE: AMC ) will be discussing their earnings results in their 2019 Second Half Earnings to be held on August 21, 2019 at 8:00 AM Eastern Time. ...
- Motley Fool
4 Industry Leaders With Ultra-High Dividends
Some of the biggest brands in the market pay some of the biggest dividends, too.
- PR Newswire
Experience the King Like Never Before With 'Elvis Unleashed,' in Movie Theaters Worldwide on October 7 & 10 Only
Two-Day Event Features Never-Before-Seen Outtakes and Performances in Theaters From the Iconic '68 Elvis Comeback Special. Also Features Exclusive Interviews With Dennis Quaid, Jade Jackson and Steve Binder ...
- Thomson Reuters StreetEvents
Edited Transcript of AMC earnings conference call or presentation 8-Aug-19 12:30pm GMT
Q2 2019 AMC Entertainment Holdings Inc Earnings Call
- Simply Wall St.
Is There Now An Opportunity In AMC Entertainment Holdings, Inc. (NYSE:AMC)?
AMC Entertainment Holdings, Inc. (NYSE:AMC), which is in the entertainment business, and is based in United States...
- Zacks
Factors Likely to Influence Lenovo's (LNVGY) Q1 Earnings
Lenovo's (LNVGY) focus on product innovation and introducing new products is anticipated positively impact first-quarter results. Also, acquisition synergies and strong expansion are likely to favor first-quarter results.
- Motley Fool
Soon You May Be Able to Watch Live Sporting Events at AMC Theaters
Are pro league sporting events coming to a movie theater near you this fall? Is it the most obvious idea no one's ever tried?
- PR Newswire
"Friends 25th: The One With The Anniversary" Hits Movie Theaters This Fall, As Fans Are Treated To 12 Iconic Episodes In Celebration Of Friends' 25th Anniversary
The Event Pays Tribute to the Beloved Television Comedy by Screening Fan-Favorite Episodes Over Three Nights, With Exclusive Bonus Content DENVER , Aug. 12, 2019 /PRNewswire/ -- Fathom Events is celebrating ...
- PR Newswire
Plácido Domingo's Operatic Gala, Celebrating 50 Years at the Arena di Verona, Comes to Cinemas Nationwide for One Day Only on September 7
New Concert Event Celebrates the 50th Anniversary of the Legendary Opera Singer's Debut and Includes Performances of Famous Giuseppe Verdi Operas DENVER , Aug. 9, 2019 /PRNewswire/ -- Fathom Events is ...
- American City Business Journals
2 interesting plot twists from AMC's quarterly call
The Leawood-based cinema giant reported an encouraging second quarter, but two new ideas lurked behind the numbers that could affect movie-goers.
- Zacks
Yes, You Can Time the Market. Find out How - August 09, 2019
Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?
Motley FoolAMC Entertainment Holdings Inc (AMC) Q2 2019 Earnings Call Transcript
AMC earnings call for the period ending June 30, 2019.
- PR Newswire
'Blink of an Eye' Races into Select Movie Theaters Nationwide September 12 Only
True Story of the Fateful Friendship Between NASCAR Underdog Michael Waltrip and Iconic Dale "The Intimidator" Earnhardt Sr. to be Distributed by 1091 and Fathom Events in Partnership with Monster ...
