Shares of AMC Networks Inc. (NASDAQ:AMCX) have earned a median score of “Maintain” from the fifteen analysis companies which might be at present protecting the agency, MarketBeat.com stories. 4 analysts have rated the inventory with a promote suggestion, 5 have assigned a maintain suggestion and two have given a purchase suggestion to the corporate. The typical 1 12 months value goal amongst brokers which have coated the inventory within the final 12 months is $38.85.
A number of analysts have not too long ago issued stories on the inventory. Royal Financial institution of Canada upped their goal value on shares of AMC Networks from $33.00 to $90.00 and gave the inventory an “outperform” score in a analysis be aware on Tuesday, March 2nd. Moffett Nathanson lifted their goal value on shares of AMC Networks from $29.00 to $48.00 in a analysis report on Friday, January fifteenth. Wells Fargo & Firm reaffirmed an “underweight” score and issued a $52.00 goal value (down from $63.00) on shares of AMC Networks in a report on Thursday, April 1st. Macquarie downgraded AMC Networks from an “outperform” score to a “impartial” score and set a $45.00 value goal for the corporate. in a analysis report on Thursday, January twenty eighth. They famous that the transfer was a valuation name. Lastly, Morgan Stanley upped their value goal on AMC Networks from $50.00 to $55.00 and gave the corporate an “equal weight” score in a analysis be aware on Wednesday, March third.
NASDAQ AMCX opened at $51.62 on Friday. The corporate has a present ratio of two.43, a fast ratio of two.43 and a debt-to-equity ratio of three.89. The corporate has a fifty day easy shifting common of $62.46 and a 200 day easy shifting common of $40.60. AMC Networks has a 12-month low of $20.03 and a 12-month excessive of $83.63. The corporate has a market cap of $2.14 billion, a P/E ratio of 20.48 and a beta of 1.35.
AMC Networks (NASDAQ:AMCX) final launched its quarterly earnings outcomes on Thursday, February twenty fifth. The corporate reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $2.24. The enterprise had income of $780.28 million throughout the quarter, in comparison with the consensus estimate of $703.56 million. AMC Networks had a return on fairness of 53.93% and a web margin of 4.85%. The corporate’s quarterly income was down .6% on a year-over-year foundation. Throughout the identical quarter within the earlier 12 months, the enterprise earned $1.69 EPS. Promote-side analysts predict that AMC Networks will publish 6.86 EPS for the present 12 months.
In different AMC Networks information, CAO Christian B. Wymbs offered 7,801 shares of the agency’s inventory in a transaction dated Wednesday, March tenth. The inventory was offered at a median value of $72.27, for a complete worth of $563,778.27. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by means of this hyperlink. Additionally, CEO Joshua W. Sapan offered 39,980 shares of AMC Networks inventory in a transaction dated Monday, April fifth. The shares have been offered at a median value of $51.73, for a complete worth of $2,068,165.40. Following the sale, the chief govt officer now owns 748,897 shares of the corporate’s inventory, valued at roughly $38,740,441.81. The disclosure for this sale may be discovered here. Over the past three months, insiders offered 59,781 shares of firm inventory price $3,547,824. Insiders personal 23.64% of the corporate’s inventory.
Quite a lot of hedge funds and different institutional traders have not too long ago added to or lowered their stakes in AMCX. Hanson & Doremus Funding Administration boosted its holdings in shares of AMC Networks by 7.6% within the 4th quarter. Hanson & Doremus Funding Administration now owns 3,351 shares of the corporate’s inventory price $120,000 after buying an extra 237 shares within the final quarter. Public Workers Retirement System of Ohio lifted its holdings in shares of AMC Networks by 6.1% within the 4th quarter. Public Workers Retirement System of Ohio now owns 5,805 shares of the corporate’s inventory price $208,000 after buying an extra 332 shares over the last quarter. Strs Ohio lifted its stake in AMC Networks by 45.5% within the third quarter. Strs Ohio now owns 1,600 shares of the corporate’s inventory price $39,000 after buying an extra 500 shares over the last quarter. Trade Traded Ideas LLC lifted its place in AMC Networks by 4.8% within the fourth quarter. Trade Traded Ideas LLC now owns 16,250 shares of the corporate’s inventory valued at $581,000 after buying an extra 744 shares over the last quarter. Lastly, Vantage Consulting Group Inc bought a brand new stake in AMC Networks throughout the 4th quarter valued at $37,000. Institutional traders and hedge funds personal 81.48% of the corporate’s inventory.
About AMC Networks
AMC Networks Inc, an leisure firm, owns and operates a collection of video leisure merchandise which might be delivered 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.
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