With 66.28 million shares changed hands, the volume of the stock remained heavier than its average volume of 8.86 million shares. The 52-week range on AMC shows that it touched its highest point at $5.96 and its lowest point at $2.45 during that stretch. It currently has a 1-year price target of $2.86. Beta for the stock currently stands at 1.49.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AMC was up-trending over the past week, with a rise of 38.28%, but this was up by 47.97% over a month. Three-month performance surged to 22.63% while six-month performance fell -9.68%. The stock lost -20.75% in the past year, while it has gained 0.75% so far this year. A look at the trailing 12-month EPS for AMC yields -0.98 with Next year EPS estimates of -0.27. For the next quarter, that number is -0.11. This implies an EPS growth rate of 47.58% for this year and 60.10% for next year. EPS is expected to grow by 52.71% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 39.13%.
Float and Shares Shorts:
At present, 433.14 million AMC shares are outstanding with a float of 430.80 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMC since 7 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 3 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.96194 being high and -$0.99331 being low. For AMC, this leads to a yearly average estimate of -$0.98285.
