Q4 Earnings Forecast for AMC Entertainment Issued By Wedbush

AMC Entertainment Holdings, Inc. (NYSE:AMC) – Analysts at Wedbush decreased their Q4 2024 earnings per share (EPS) estimates for shares of AMC Entertainment in a report issued on Monday, November 4th. Wedbush analyst A. Reese now anticipates that the company will earn ($0.08) per share for the quarter, down from their previous estimate of $0.04. Wedbush currently has a “Neutral” rating and a $4.00 target price on the stock. The consensus estimate for AMC Entertainment’s current full-year earnings is ($1.36) per share. Wedbush also issued estimates for AMC Entertainment’s Q2 2025 earnings at ($0.19) EPS, Q3 2025 earnings at ($0.01) EPS, Q4 2025 earnings at $0.01 EPS, FY2025 earnings at ($0.50) EPS and FY2026 earnings at ($0.21) EPS.

A number of other equities research analysts have also recently commented on the company. Morgan Stanley reduced their price objective on AMC Entertainment from $11.00 to $10.00 and set an “underweight” rating for the company in a research note on Monday, August 12th. Benchmark reissued a “hold” rating on shares of AMC Entertainment in a research report on Monday, August 5th. Three investment analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $5.84.

AMC Entertainment Price Performance

Shares of AMC opened at $4.57 on Thursday. AMC Entertainment has a 1 year low of $2.38 and a 1 year high of $11.88. The company has a market capitalization of $1.65 billion, a price-to-earnings ratio of -3.11 and a beta of 1.83. The business has a 50-day moving average of $4.52 and a 200-day moving average of $4.65.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. KBC Group NV purchased a new stake in AMC Entertainment during the 3rd quarter valued at $37,000. Creative Planning bought a new stake in AMC Entertainment during the third quarter valued at about $48,000. Skylands Capital LLC bought a new stake in AMC Entertainment during the second quarter valued at about $50,000. Amalgamated Bank increased its holdings in shares of AMC Entertainment by 31.5% in the third quarter. Amalgamated Bank now owns 11,568 shares of the company’s stock worth $53,000 after purchasing an additional 2,771 shares during the last quarter. Finally, Burns Matteson Capital Management LLC bought a new stake in shares of AMC Entertainment in the third quarter worth about $55,000. Institutional investors own 28.80% of the company’s stock.

About AMC Entertainment

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.