20.70 +0.05 (0.24%)
Pre-Market: 8:15AM EDT
|Bid||20.60 x 1000|
|Ask||20.80 x 21500|
|Day's Range||19.95 - 20.70|
|52 Week Range||10.80 - 21.30|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||0.80 (3.98%)|
|1y Target Est||21.25|
In the last four quarters, AMC Entertainment (AMC) has bested analysts’ consensus estimates three times while missing estimates once. In the first quarter, AMC Entertainment’s adjusted EPS of $0.14 topped analysts’ consensus estimate of $0.09. Its second-quarter adjusted EPS of $0.17 were far above the consensus estimate of $0.08 and its EPS of -$1.35 in the second quarter of 2017.
AMC Entertainment (AMC) reported YoY (year-over-year) revenue growth of 13.8% in the first half of 2018. The segment’s revenue was up 11.1% and constituted 74.7% of its total revenue in the first six months of 2018. Its international revenue is also quickly gaining traction.
Wall Street analysts covering AMC Entertainment (AMC) stock are split. Currently, analysts’ 12-month average target price for AMC is $21.25, which reflects a 6.3% potential upside to its price on September 18. Currently, analysts’ 12-month average target price for CNK is $42.25, which reflects a 10.0% upside to its price on September 18.
AMC Entertainment (AMC) has delivered a YTD (year-to-date) stock return of 32.5% as of September 18. This performance stands in stark contrast to the 55.1% fall the stock witnessed in 2017. In comparison, Cinemark Holdings (CNK) stock is up 10.3% YTD.
AMC Entertainment (AMC) inks partnership deal with online ticketing companies Fandango and Atom Tickets to better cater to consumers' needs.
Sinemia offers an unlimited multiplex plan, and AMC teams up with Atom and Fandango to take advantage of MoviePass' quick fade.
AMC Stubs A-List members can now reserve tickets through Fandango and Atom Tickets. Subscribers to the VIP tier of AMC Theatres’ loyalty program can enter their A-List membership number during checkout on the advance ticketing services and apply the ticket to one of their three movies per week. “The guest feedback and membership sign-up rate have far exceeded our expectations, but we’re constantly looking for ways to provide more opportunities for guest value through A-List,” said AMC (NYSE: AMC) Executive Vice President and CMO Stephen Colanero in a statement, calling the integration in “keeping with our mission of providing our loyal guests with as much convenience and flexibility as possible.” AMC’s answer to MoviePass, Stubs A-List includes up to three movies per week for $20 per month.
Fans Will Enjoy the Award-Winning Japanese Sports Anime Series Binge Session Plus Special Greeting from Series Producer DENVER , Sept. 17, 2018 /PRNewswire/ -- This fall, anime fans are set to discover ...
Moody's Investors Service ("Moody's") says AMC Entertainment Holdings, Inc. ("AMC", B2 Stable) announced that it had issued $600 million of Senior Unsecured Convertible Notes due 2024 to Silver Lake Group, L.L.C. (Silver Lake), a leading technology investment company, to repurchase Wanda stock and pay a special dividend. Through its Odeon subsidiary AMC operates in 14 European countries and is the #1 theatre chain in Estonia, Finland, Italy, Latvia, Lithuania, Norway, Spain, Sweden and UK & Ireland.
AMC Theatres® (AMC) today announced that AMC Stubs A-List, the VIP tier of the Company’s AMC Stubs loyalty program, is expanding A-List’s flexibility and convenience by also allowing members to obtain their ticket through AMC’s ticketing partners, Fandango and Atom Tickets.
AMC Entertainment Holdings Inc. raised $600 million from private-equity firm Silver Lake Partners and repurchased roughly a third of the stake held by a Chinese conglomerate, marking a major ownership shift for the movie-theater owner. Dalian Wanda Group Co.’s partial exit comes as Chinese regulators have aimed to limit Chinese companies’ investments abroad. The Beijing-based conglomerate acquired a majority stake in AMC six years ago.
As MoviePass has struggled, theater companies and other competitors have sensed a business opportunity and are moving quickly to satisfy the public’s newfound appetite for subscription movie tickets. Last month, MoviePass limited its 3 million subscribers to three films a month, from as many as 31 previously, and restricted the number of titles available for tickets—while still charging $9.95 a month. Meanwhile, competitors have sprung up to snatch a share of the users disgruntled by the changes, saying they have learned from MoviePass’s woes.
Dalian Wanda Group Co., the Chinese firm controlled by Wang Jianlin, is scaling back its bet on AMC Entertainment Holdings Inc. as part of a push by the billionaire to shore up finances. The largest U.S. movie-theater chain will receive a $600 million investment from private equity firm Silver Lake, letting it buy back stock owned by Wanda and pay a dividend. Wanda struck a $2.6 billion deal for AMC in 2012, part of an expansion into entertainment.
AMC Entertainment Holdings Inc said on Friday it bought back 24 million shares from its top investor Dalian Wanda Group and issued $600 million worth of convertible notes to private equity firm Silver Lake. Earlier in September, Reuters reported Wanda was exploring a deal to cut its stake in AMC, as the Chinese billionaire Wang Jianlin's real estate-to-media conglomerate was under pressure from the country's regulators to reduce overseas holdings. After the transaction, Wanda now owns about 38 percent of AMC shares, down from its previous majority stake of about 60 percent.
LEAWOOD, Kan.-- -- AMC issues $600 million Senior Unsecured Convertible Notes due 2024 to Silver Lake bearing interest at 2.95% and convertible into AMC Class A common stock at $20.50 per share, before giving effect to the special dividend noted below; with ongoing cash interest expense of the Notes to be more than offset by the cash dividend savings no longer being paid on the AMC shares repurchased ...
WASHINGTON/SEOUL (Reuters) - The United States on Thursday imposed sanctions on a China-based tech firm, its North Korean CEO and a Russian subsidiary, accusing them of moving illicit funding to North Korea in violation of U.S. sanctions. The new sanctions target China-based Yanbian Silverstar Network Technology Co, its North Korean chief executive Jong Song Hwa, and a Russian-based sister company, Volasys Silver Star, the U.S. Treasury Department said in a statement. "These actions are intended to stop the flow of illicit revenue to North Korea from overseas information technology workers disguising their true identities and hiding behind front companies, aliases, and third-party nationals," Treasury Secretary Steven Mnuchin said in a statement.
WASHINGTON/SEOUL, Sept 13 (Reuters) - The United States on Thursday imposed sanctions on a China-based tech firm, its North Korean CEO and a Russian subsidiary, accusing them of moving illicit funding to North Korea in violation of U.S. sanctions. The new sanctions target China-based Yanbian Silverstar Network Technology Co, its North Korean chief executive Jong Song Hwa, and a Russian-based sister company, Volasys Silver Star, the U.S. Treasury Department said in a statement.
DENVER, Sept. 13, 2018 /PRNewswire/ -- A half-century ago, the living dead had their night, but for decades the inexorable dread of George A. Romero's "Night of the Living Dead" has been seen only in murky, fuzzy versions. On Wednesday, October 24, and Thursday, October 25, only, "Night of the Living Dead" returns to nearly 600 movie theatres nationwide in a newly restored and remastered version presented by Fathom Events, Image Ten Inc. and Living Dead Media, in association with Janus Films and the Criterion Collection. "Night of the Living Dead" will play at 7:00 p.m. and 10:00 p.m. (local time) both days, presented through Fathom's Digital Broadcast Network (DBN).
GKIDS and Fathom Events Bring the Film to Cinemas for a Special Three Night Event Featuring an Exclusive Interview With Director Mamoru Hosoda on November 29, December 5 & 8 VIEW NEW U.S. TEASER HERE - ...
Starring David Banner, This Event Will Also Feature a Performance by Jekalyn Carr and an Exclusive Interview With the Cast DENVER , Sept. 12, 2018 /PRNewswire/ -- Fans will get to experience the premiere ...
This summer, my InvestorPlace colleague Vince Martin wrote an excellent piece detailing the nitty-gritty of dividend stocks, including why you want to buy them, what nuances to look out for and real-world examples of various income-paying companies. Along with his factors for purchasing dividend stocks, I believe this present juncture provides enormous justification.
AMC Entertainment CEO Adam Aron discusses private equity firm Silver Lake's $600 million investment in AMC Entertainment.