NASDAQ:AMCX

AMC Networks (AMCX) Stock Price, News & Analysis

$11.57
+0.62 (+5.66%)
(As of 04/23/2024 ET)
Today's Range
$10.88
$11.69
50-Day Range
$10.02
$14.30
52-Week Range
$9.87
$20.97
Volume
530,087 shs
Average Volume
613,297 shs
Market Capitalization
$503.99 million
P/E Ratio
2.36
Dividend Yield
N/A
Price Target
$11.75

AMC Networks MarketRank™ Stock Analysis

Analyst Rating
Strong Sell
1.40 Rating Score
Upside/​Downside
1.6% Upside
$11.75 Price Target
Short Interest
Healthy
11.69% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.49
Upright™ Environmental Score
News Sentiment
0.07mentions of AMC Networks in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-6.67%
From $5.70 to $5.32 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.71 out of 5 stars

Consumer Discretionary Sector

159th out of 266 stocks

Cable & Other Pay Television Services Industry

12th out of 18 stocks

AMCX stock logo

About AMC Networks Stock (NASDAQ:AMCX)

AMC Networks Inc., an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences, a platform to distributors, and advertisers in the United States, Europe, and internationally. The company operates through Domestic Operations, and International and Other segments. The Domestic Operations segment operates various national programming networks, including the AMC, We tv, BBC AMERICA, IFC, and SundanceTV; provides subscription streaming services comprising Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE, as well as AMC+ and other streaming initiatives; and engages in film distribution business under the IFC Films, RLJ Entertainment Films, and Shudder name. This segment also produces and licenses original programming for various programming networks, as well as services the programming networks. The International and Other segment operates a portfolio of channels under the AMCNI name; and production and comedy venues activities under the Levity name. AMC Networks Inc. was founded in 1980 and is headquartered in New York, New York.

AMCX Stock Price History

AMCX Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
AMCX Jun 2024 25.000 call
AMC Networks Inc - Ordinary Shares - Class A
AMCX Feb 2024 17.500 call
AMCX Mar 2024 10.000 put
See More Headlines
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Company Calendar

Last Earnings
2/09/2024
Today
4/23/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cable & other pay television services
Sub-Industry
Cable & Satellite
Current Symbol
NASDAQ:AMCX
CUSIP
00164V10
Employees
1,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.75
High Stock Price Target
$14.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+0.9%
Consensus Rating
Strong Sell
Rating Score (0-4)
1.40
Research Coverage
5 Analysts

Profitability

Net Income
$215.46 million
Pretax Margin
10.91%

Debt

Sales & Book Value

Annual Sales
$2.71 billion
Cash Flow
$33.26 per share
Book Value
$24.65 per share

Miscellaneous

Free Float
31,774,000
Market Cap
$507.04 million
Optionable
Optionable
Beta
1.21
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Key Executives

  • Ms. Kristin Aigner Dolan (Age 58)
    Chief Executive Officer
    Comp: $84k
  • Mr. Patrick O'Connell (Age 49)
    Executive VP & CFO
    Comp: $1.56M
  • Mr. James G. GallagherMr. James G. Gallagher (Age 66)
    Executive VP & General Counsel
    Comp: $2.52M
  • Mr. Michael J. Sherin III (Age 54)
    Executive VP & Chief Accounting Officer
    Comp: $552.47k
  • Ms. Stephanie Mitchko-Beale B.Sc. (Age 58)
    Executive Vice President of Global Media Operations & Technology
  • Mr. Nicholas Seibert (Age 34)
    VP of Corporate Development & Investor Relations
  • Ms. Georgia Juvelis
    Chief Communications Officer
  • Ms. Kim Granito
    Chief Marketing Officer
  • Ms. Jennifer Caserta Priore
    Chief Transformation & People Officer
  • Mr. Ben Davis (Age 43)
    Executive Vice President of Programming - AMC Studios

AMCX Stock Analysis - Frequently Asked Questions

Should I buy or sell AMC Networks stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AMC Networks in the last twelve months. There are currently 3 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "strong sell" AMCX shares.
View AMCX analyst ratings
or view top-rated stocks.

What is AMC Networks' stock price target for 2024?

5 brokerages have issued 12 month price targets for AMC Networks' stock. Their AMCX share price targets range from $10.00 to $14.00. On average, they predict the company's stock price to reach $11.75 in the next year. This suggests a possible upside of 1.6% from the stock's current price.
View analysts price targets for AMCX
or view top-rated stocks among Wall Street analysts.

How have AMCX shares performed in 2024?

AMC Networks' stock was trading at $18.79 at the start of the year. Since then, AMCX shares have decreased by 38.4% and is now trading at $11.57.
View the best growth stocks for 2024 here
.

Are investors shorting AMC Networks?

AMC Networks saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 3,550,000 shares, a decrease of 33.0% from the March 15th total of 5,300,000 shares. Based on an average trading volume of 650,100 shares, the days-to-cover ratio is presently 5.5 days. Currently, 11.7% of the company's shares are sold short.
View AMC Networks' Short Interest
.

When is AMC Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our AMCX earnings forecast
.

How were AMC Networks' earnings last quarter?

AMC Networks Inc. (NASDAQ:AMCX) released its quarterly earnings data on Friday, February, 9th. The company reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.68 by $0.04. The business had revenue of $678.80 million for the quarter, compared to the consensus estimate of $675.97 million. AMC Networks had a trailing twelve-month return on equity of 30.42% and a net margin of 7.95%. The business's revenue was down 29.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.52 EPS.

What ETFs hold AMC Networks' stock?

ETFs with the largest weight of AMC Networks (NASDAQ:AMCX) stock in their portfolio include Invesco S&P SmallCap 600 Pure Value ETF (RZV).Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU).

What guidance has AMC Networks issued on next quarter's earnings?

AMC Networks updated its FY 2024 earnings guidance on Friday, February, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.6 billion.

What is Matt Blank's approval rating as AMC Networks' CEO?

9 employees have rated AMC Networks Chief Executive Officer Matt Blank on Glassdoor.com. Matt Blank has an approval rating of 85% among the company's employees. 75.0% of employees surveyed would recommend working at AMC Networks to a friend.

What other stocks do shareholders of AMC Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AMC Networks investors own include AT&T (T), Verizon Communications (VZ), CVS Health (CVS), Netflix (NFLX), Walt Disney (DIS), General Motors (GM), Johnson & Johnson (JNJ), Pfizer (PFE) and Starbucks (SBUX).

Who are AMC Networks' major shareholders?

AMC Networks' stock is owned by a variety of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.19%), DGS Capital Management LLC (0.06%) and Range Financial Group LLC (0.03%). Insiders that own company stock include James Gallagher, Joshua W Sapan, Kimberly Kelleher and Matthew Blank.
View institutional ownership trends
.

How do I buy shares of AMC Networks?

Shares of AMCX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AMCX) was last updated on 4/24/2024 by MarketBeat.com Staff

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