Wedbush Equities Analysts Reduce Earnings Estimates for AMC

AMC Entertainment Holdings, Inc. (NYSE:AMC) – Stock analysts at Wedbush lowered their Q3 2026 earnings estimates for shares of AMC Entertainment in a report issued on Thursday, May 8th. Wedbush analyst A. Reese now anticipates that the company will post earnings per share of $0.00 for the quarter, down from their prior forecast of $0.01. The consensus estimate for AMC Entertainment’s current full-year earnings is ($1.38) per share.

Other analysts have also recently issued reports about the stock. Citigroup reissued a “sell” rating and set a $2.30 price target (down from $2.80) on shares of AMC Entertainment in a research note on Thursday, April 24th. StockNews.com raised AMC Entertainment to a “sell” rating in a research note on Saturday, February 22nd. Macquarie restated a “neutral” rating and set a $4.00 target price on shares of AMC Entertainment in a research report on Wednesday, February 26th. Roth Mkm decreased their price target on AMC Entertainment from $3.25 to $3.00 and set a “neutral” rating on the stock in a report on Wednesday, April 16th. Finally, Benchmark restated a “hold” rating on shares of AMC Entertainment in a research report on Monday, March 3rd. Three equities research analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. According to data from MarketBeat.com, AMC Entertainment has an average rating of “Hold” and a consensus price target of $4.65.

AMC Entertainment Stock Up 1.5 %

Shares of NYSE AMC opened at $2.74 on Friday. The company has a market cap of $1.18 billion, a price-to-earnings ratio of -1.70 and a beta of 1.41. AMC Entertainment has a 12-month low of $2.45 and a 12-month high of $11.88. The firm’s 50-day simple moving average is $2.84 and its 200 day simple moving average is $3.58.

AMC Entertainment (NYSE:AMC) last posted its quarterly earnings data on Wednesday, May 7th. The company reported ($0.58) EPS for the quarter, topping analysts’ consensus estimates of ($0.61) by $0.03. The business had revenue of $862.50 million during the quarter, compared to analyst estimates of $983.23 million. During the same period in the prior year, the firm posted ($0.62) EPS. AMC Entertainment’s revenue for the quarter was down 9.3% compared to the same quarter last year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Legacy Financial Strategies LLC bought a new position in shares of AMC Entertainment during the first quarter worth $29,000. Sowell Financial Services LLC bought a new position in AMC Entertainment during the first quarter worth about $36,000. Sterling Capital Management LLC grew its stake in AMC Entertainment by 831.5% in the fourth quarter. Sterling Capital Management LLC now owns 10,843 shares of the company’s stock valued at $43,000 after acquiring an additional 9,679 shares during the period. Abacus Planning Group Inc. bought a new stake in shares of AMC Entertainment in the first quarter worth about $47,000. Finally, Skandinaviska Enskilda Banken AB publ raised its position in shares of AMC Entertainment by 68.3% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 15,947 shares of the company’s stock worth $63,000 after purchasing an additional 6,473 shares during the period. Institutional investors and hedge funds own 28.80% of the company’s stock.

AMC Entertainment Company Profile

AMC Entertainment Holdings, Inc, through its subsidiaries, engages in the theatrical exhibition business. It owns, operates, or has interests in theatres in the United States and Europe. The company was founded in 1920 and is headquartered in Leawood, Kansas.