Shares of AMC Networks Inc. (NASDAQ:AMCX) have been assigned a mean advice of “Maintain” from the fourteen analysis companies which might be presently overlaying the agency, MarketBeat reviews. 4 analysts have rated the inventory with a promote ranking, 4 have given a maintain ranking and two have assigned a purchase ranking to the corporate. The common 1 yr value goal amongst analysts which have issued scores on the inventory within the final yr is $29.92.
Plenty of analysts have lately issued reviews on the inventory. Morgan Stanley lifted their value goal on shares of AMC Networks from $25.00 to $26.00 and gave the inventory an “equal weight” ranking in a report on Tuesday, November third. Deutsche Financial institution Aktiengesellschaft lifted their value goal on shares of AMC Networks from $30.00 to $32.00 in a report on Thursday, December tenth. Macquarie downgraded shares of AMC Networks from an “outperform” ranking to a “impartial” ranking and set a $45.00 value goal for the corporate. in a report on Thursday, January twenty eighth. They famous that the transfer was a valuation name. TheStreet raised shares of AMC Networks from a “c” ranking to a “b-” ranking in a analysis notice on Tuesday, December fifteenth. Lastly, Moffett Nathanson boosted their value goal on shares of AMC Networks from $29.00 to $48.00 in a analysis notice on Friday, January fifteenth.
A number of giant buyers have lately modified their holdings of AMCX. Marshall Wace LLP purchased a brand new place in shares of AMC Networks in the course of the first quarter valued at about $128,000. FMR LLC raised its stake in shares of AMC Networks by 5.8% in the course of the first quarter. FMR LLC now owns 414,800 shares of the corporate’s inventory valued at $23,544,000 after buying a further 22,683 shares over the last quarter. Envestnet Asset Administration Inc. raised its stake in shares of AMC Networks by 21.0% in the course of the third quarter. Envestnet Asset Administration Inc. now owns 31,352 shares of the corporate’s inventory valued at $775,000 after buying a further 5,450 shares over the last quarter. Worldwide Belongings Funding Administration LLC purchased a brand new place in shares of AMC Networks in the course of the third quarter valued at about $31,000. Lastly, Kendall Capital Administration raised its stake in shares of AMC Networks by 29.7% in the course of the third quarter. Kendall Capital Administration now owns 31,075 shares of the corporate’s inventory valued at $768,000 after buying a further 7,120 shares over the last quarter. 81.48% of the inventory is owned by hedge funds and different institutional buyers.
NASDAQ AMCX opened at $50.48 on Friday. AMC Networks has a 52-week low of $19.62 and a 52-week excessive of $73.00. The corporate has a debt-to-equity ratio of three.89, a fast ratio of two.43 and a present ratio of two.43. The corporate has a market capitalization of $2.08 billion, a P/E ratio of 20.03 and a beta of 1.35. The corporate has a fifty day transferring common of $44.73 and a 200-day transferring common of $30.96.
AMC Networks Firm Profile
AMC Networks Inc owns and operates numerous cable tv’s manufacturers delivering content material to audiences, and a platform to distributors and advertisers in the USA and internationally. The corporate operates in two segments, Nationwide Networks; and Worldwide and Different. The Nationwide Networks phase operates 5 distributed leisure programming networks below the AMC, WE television, BBC AMERICA, IFC, and SundanceTV names in excessive definition and normal definition codecs.
Additional Studying: Dividend Kings
This immediate information alert was generated by narrative science expertise and monetary information from MarketBeat with a purpose to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to [email protected]