With 6.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 12.04 million shares. The 52-week range on AMC shows that it touched its highest point at $11.88 and its lowest point at $2.38 during that stretch. It currently has a 1-year price target of $3.51. Beta for the stock currently stands at 1.65.
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 down-trending over the past week, with a drop of -7.27%, but this was down by -2.24% over a month. Three-month performance dropped to -37.04% while six-month performance fell -34.89%. The stock lost -32.00% in the past year, while it has lost -23.12% so far this year. A look at the trailing 12-month EPS for AMC yields -1.13 with Next year EPS estimates of -0.35. For the next quarter, that number is -0.46. This implies an EPS growth rate of 48.30% for this year and 47.31% for next year. EPS is expected to grow by 74.28% 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, 431.95 million AMC shares are outstanding with a float of 429.63 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. Based on analyst estimates, the high estimate for the next quarter is -$0.03 and the low estimate is -$0.28. The average estimate for the next quarter is thus -$0.16.
