They set a "market perform" rating on the stock. Wedbush's price objective points to a potential upside of 9.38% from the company's current price. AMC Entertainment had 43 analyst reports since July 22, 2015 according to SRatingsIntel. AMC Entertainment Holdings now has an average rating of Hold and a consensus target price of $34.67. Credit Suisse Group cut their target price on shares of AMC Entertainment Holdings from $26.00 to $20.00 and set an "underperform" rating on the stock in a research report on Friday, June 23rd. Barclays PLC downgraded AMC Entertainment Holdings from an overweight rating to an equal weight rating and reduced their target price for the stock from $31.00 to $25.00 in a research report on Wednesday, July 19th.
AMC also expects to report a net loss for the second quarter between $178.5 million and $174.5 million compared to net earnings of $24.0 million in the same quarter a year ago. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the stock. If the $14.77 price target is reached, the company will be worth $145.60M less.
Shares are expected to open at $15.50 on Wednesday, after closing at $20.80 on Tuesday, extending a three month loss of 30% and a year-to-date decline of more than 60%. About 7.59M shares traded or 289.23% up from the average. The company's 50 day moving average price is $22.18 and its 200 day moving average price is $27.80. The company has market cap of $2.08 billion. Invesco invested 0% in AMC Entertainment Holdings Inc (NYSE:AMC).
TRADEMARK VIOLATION WARNING: This piece of content was posted by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this article on another website, it was copied illegally and republished in violation of USA & worldwide trademark & copyright laws. The legal version of this article can be viewed at https://www.chaffeybreeze.com/2017/08/02/amc-entertainment-holdings-inc-nyseamc-coverage-initiated-at-william-blair-updated.html. The shares were purchased at an average cost of $23.52 per share, for a total transaction of $94,080.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
HCSO: Grandma fatally shoots armed intruder near Katy
The woman, in defense of her home and her life, grabbed her own handgun and fearlessly confronted the two armed individuals. Investigators are trying to determine if this was a crime of opportunity, or if the two men targeted her home specifically.
Sigh. Ferrari is reportedly planning an SUV
The model is internally dubbed the "Ferrari utility vehicle", following Marchionne's previous objections to developing an SUV. It now moves about 7,000 units annually and the "Utility Vehicle" could account for up to 2,000 sales a year in China alone.
United Technologies Corporation (UTX)
It also reduced Kennametal Inc (NYSE:KMT) stake by 633,799 shares and now owns 39,901 shares. (NASDAQ:PRCP) for 818,584 shares. On average, equities analysts expect that Esterline Technologies Corporation will post $4.95 EPS for the current fiscal year.
On 6/2/2017 Adam M Aron, CEO, bought 10,000 with an average share price of $24.72 per share and the total transaction amounting to $247,200.00. Following the completion of the purchase, the chief executive officer now owns 90,426 shares of the company's stock, valued at $2,235,330.72. The disclosure for this purchase can be found here.
Several other large investors also recently made changes to their positions in the company. Wells Fargo & Company MN boosted its stake in AMC Entertainment Holdings by 70.4% in the first quarter. Alliancebernstein L.P. now owns 75,348 shares of the company's stock worth $2,370,000 after buying an additional 32,223 shares in the last quarter. Boston Advisors LLC now owns 162,900 shares of the company's stock valued at $5,123,000 after buying an additional 36,780 shares in the last quarter.
On 7/27/2016 AMC Entertainment Holdings announced a quarterly dividend of $0.20 2.73% with an ex dividend date of 9/1/2016 which will be payable on 9/19/2016. The Illinois-based Driehaus Capital has invested 3.53% in AMC Entertainment Holdings Inc (NYSE:AMC). The firm owned 30,779 shares of the company's stock after buying an additional 12,360 shares during the period. More interesting news about AMC Entertainment Holdings Inc (NYSE:AMC) were released by: Bizjournals.com and their article: "Debt pressure makes AMC parent a shell of its former self" published on August 01, 2017 as well as Businesswire.com's news article titled: "AMC Entertainment Holdings, Inc". Hedge funds and other institutional investors own 41.43% of the company's stock.
AMC's rough quarter highlights the emergence of an online world looking to the internet for entertainment, as well as box office busts like "Baywatch", "The Mummy" and "King Arthur" that failed to lure in crowds.
Boothbay Fund Management Llc decreased Rsp Permian Inc (Put) (RSPP) stake by 99.6% reported in 2016Q4 SEC filing. Brookfield Infrastructure Partners L.P. (NYSE:BIP) has risen 38.95% since August 1, 2016 and is uptrending.
Talking to AIR, Mr Rudy said, the Nitish Kumar led new government will take the State on the path of growth and development. In 2013, Nitish Kumar had snapped ties with the BJP after Mr Modi was nominated as the NDA's prime ministerial candidate.
In the 39th minute, Delhi managed to all out Gujarat, but it came too late in the day as they ended up losing the contest 26-20. Gujarat Fortunegiants will take on Haryana Steelers in Game 9 of Pro Kabaddi League 2017.
Tortoise Capital Advisors L.L.C. increased its position in shares of Phillips 66 Partners by 0.7% in the second quarter. North Carolina-based Global Endowment Ltd Partnership has invested 0.09% in Phillips 66 Partners LP (NYSE: PSXP ).
He has focused on dropping prices and boosting the quality of food ranges and has made improving customer service a priority. SUPERMARKET giant Asda has vowed to fight back by focusing on the basics after its sales and profits collapsed in 2016.
One person has been confirmed dead after a portion of a Minneapolis school collapsed Wednesday morning. Ambulances were rushing to the scene at 11 a.m., according to a Pioneer Press reporter on the scene.
Abbvie Inc Com (NYSE:ABBV) was raised too. 224.49 million shares or 1.45% more from 221.27 million shares in 2016Q3 were reported. Morgan Dempsey Capital Management Llc holds 0.42% of its portfolio in Espey Manufacturing & Electronics Corp. for 55,533 shares.
Path of Fire will take players back to a familiar location- the Crystal Desert region, which appeared in the original Guild Wars . If you don't already own Guild Wars 2 , then you can get the base game and expansion bundle for $50.
The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link . ValuEngine cut shares of Boot Barn Holdings from a "buy" rating to a "hold" rating in a research note on Friday, June 2nd.
Scotland, Costa Rica, and Nicaragua are other examples of countries that are rapidly decarbonizing their energy system". The Global Footprint Network has identified two areas in which significant improvements can be made: carbon and food .
She previously worked as a producer for Inside Edition and has frequently made appearances in support of the Trump campaign. Donald Trump appears to be showing viewers an alternative look after a "real news" video posted to his Facebook page.
IT raid attempt to threaten Gujarat party MLAs
IT officials said Rs 9 crore cash was recovered from the search of various properties linked to the minister. Congress leader Anand Sharma raised the issue in the Rajya Sabha as soon as the House met for the day.
Lowers Stake in EI du Pont de Nemours and Company (NYSE:DD)
The firm owned 16,269 shares of the basic materials company's stock after buying an additional 1,056 shares during the period. I. du Pont de Nemours and Company (DD )" was first reported by BNB Daily and is the sole property of of BNB Daily.
Senate Democrats say "no" to cuts for rich in GOP tax plan
The Trump administration has also been more vocal this week about the importance of attracting some Democrats to its tax plan. He noted that Democrats are facing tough re-election bids in states such as Montana, North Dakota, Ohio and Indiana.