With 0.85 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.57 million shares. The 52-week range on AMCX shows that it touched its highest point at $18.58 and its lowest point at $6.65 during that stretch. It currently has a 1-year price target of $8.20. Beta for the stock currently stands at 1.29.
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 1.31%, but this was down by -26.22% over a month. Three-month performance dropped to -25.19% while six-month performance fell -25.35%. The stock lost -44.18% in the past year, while it has lost -29.80% so far this year. A look at the trailing 12-month EPS for AMCX yields -5.25 with Next year EPS estimates of 2.24. For the next quarter, that number is 0.81. This implies an EPS growth rate of -37.94% for this year and -6.30% for next year.
Float and Shares Shorts:
At present, 32.64 million AMCX shares are outstanding with a float of 31.94 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. Based on analyst estimates, the high estimate for the next quarter is $0.85 and the low estimate is $0.42. The average estimate for the next quarter is thus $0.66.
