With 0.51 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.58 million shares. The 52-week range on AMCX shows that it touched its highest point at $18.58 and its lowest point at $5.41 during that stretch. It currently has a 1-year price target of $5.92. Beta for the stock currently stands at 1.39.
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 AMCX was up-trending over the past week, with a rise of 0.91%, but this was up by 6.08% over a month. Three-month performance dropped to -4.19% while six-month performance fell -29.99%. The stock lost -60.72% in the past year, while it has lost -33.03% so far this year. A look at the trailing 12-month EPS for AMCX yields -5.94 with Next year EPS estimates of 2.19. For the next quarter, that number is 0.61. This implies an EPS growth rate of -40.72% for this year and -4.35% for next year.
Float and Shares Shorts:
At present, 33.43 million AMCX shares are outstanding with a float of 32.69 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 AMCX since 4 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 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 $4.66622 being high and $4.07351 being low. For AMCX, this leads to a yearly average estimate of $4.40758.
