Should I buy or sell AMC Networks stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AMC Networks in the last year. There are currently 3 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "strong sell" AMCX shares. View AMCX analyst ratings or view top-rated stocks .

What is AMC Networks' stock price target for 2024?

5 brokers have issued 12 month price objectives for AMC Networks' shares. Their AMCX share price targets range from $10.00 to $14.00. On average, they anticipate the company's share price to reach $11.75 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price. View analysts price targets for AMCX or view top-rated stocks among Wall Street analysts .

How have AMCX shares performed in 2024?

AMC Networks' stock was trading at $18.79 at the beginning of 2024. Since then, AMCX shares have decreased by 42.7% and is now trading at $10.76. View the best growth stocks for 2024 here .

Are investors shorting AMC Networks?

AMC Networks saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 3,550,000 shares, a decline of 33.0% from the March 15th total of 5,300,000 shares. Based on an average daily trading volume, of 650,100 shares, the days-to-cover ratio is presently 5.5 days. Currently, 11.7% of the company's shares are sold short. View AMC Networks' Short Interest .

When is AMC Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our AMCX earnings forecast .

How were AMC Networks' earnings last quarter?

AMC Networks Inc. (NASDAQ:AMCX) released its quarterly earnings data on Friday, February, 9th. The company reported $0.72 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.04. The firm earned $678.80 million during the quarter, compared to the consensus estimate of $675.97 million. AMC Networks had a net margin of 7.95% and a trailing twelve-month return on equity of 30.42%. AMC Networks's revenue was down 29.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.52 earnings per share.

What ETFs hold AMC Networks' stock?

ETFs with the largest weight of AMC Networks (NASDAQ:AMCX) stock in their portfolio include Invesco S&P SmallCap 600 Pure Value ETF (RZV) . Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) .

What guidance has AMC Networks issued on next quarter's earnings?

AMC Networks updated its FY 2024 earnings guidance on Friday, February, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.6 billion.

What is Matt Blank's approval rating as AMC Networks' CEO?

9 employees have rated AMC Networks Chief Executive Officer Matt Blank on Glassdoor.com . Matt Blank has an approval rating of 85% among the company's employees. 75.0% of employees surveyed would recommend working at AMC Networks to a friend.

What other stocks do shareholders of AMC Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AMC Networks investors own include AT&T (T) , Verizon Communications (VZ) , CVS Health (CVS) , Netflix (NFLX) , Walt Disney (DIS) , General Motors (GM) , Johnson & Johnson (JNJ) , Pfizer (PFE) and Starbucks (SBUX) .

Who are AMC Networks' major shareholders?

AMC Networks' stock is owned by many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.19%), DGS Capital Management LLC (0.06%) and Range Financial Group LLC (0.03%). Insiders that own company stock include James Gallagher , Joshua W Sapan , Kimberly Kelleher and Matthew Blank. View institutional ownership trends .

How do I buy shares of AMC Networks?

Shares of AMCX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:AMCX

AMC Networks (AMCX) Stock Price, News & Analysis

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$10.83

+0.23 (+2.17%)

(As of 02:16 PM ET)

Compare

Today's Range: $10.54
▼
$10.99
50-Day Range: $10.02
▼
$14.71
52-Week Range: $9.87
▼
$20.97

Volume: 144,164 shs
Average Volume: 615,931 shs
Market Capitalization: $471.75 million

P/E Ratio: 2.21
Dividend Yield: N/A
Price Target: $11.75

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AMC Networks MarketRank™ Stock Analysis

Analyst Rating: Strong Sell
1.40 Rating Score
Upside/Downside: 9.2% Upside
$11.75 Price Target
Short Interest: Healthy
11.69% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.49
Upright™ Environmental Score
News Sentiment: 0.55
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -6.67%
From $5.70 to $5.32 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.56 out of 5 stars

Consumer Discretionary Sector

119th out of 263 stocks

Cable & Other Pay Television Services Industry

9th out of 17 stocks

0.7

Analyst's Opinion

Consensus Rating
AMC Networks has received a consensus rating of Strong Sell. The company's average rating score is 1.40, and is based on no buy ratings, 2 hold ratings, and 3 sell ratings.
Amount of Analyst Coverage
AMC Networks has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
11.69% of the float of AMC Networks has been sold short.
Short Interest Ratio / Days to Cover
AMC Networks has a short interest ratio ("days to cover") of 5.5.
Change versus previous month
Short interest in AMC Networks has recently decreased by 33.02%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
AMC Networks does not currently pay a dividend.
Dividend Growth
AMC Networks does not have a long track record of dividend growth.

2.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
AMC Networks has received a 13.03% net impact score from Upright. AMC Networks seems to create the most significant positive value in categories "Taxes", "Jobs", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Broadcasting of reality television shows", "Movie theater services", and "Movie streaming services" products. See details.
Environmental Sustainability
The Environmental Impact score for AMC Networks is -0.49.

2.0

News and Social Media Coverage

News Sentiment
AMC Networks has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for AMC Networks this week, compared to 3 articles on an average week.
Search Interest
4 people have searched for AMCX on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AMC Networks insiders have not sold or bought any company stock.
Percentage Held by Insiders
27.06% of the stock of AMC Networks is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
78.51% of the stock of AMC Networks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for AMC Networks are expected to decrease by -6.67% in the coming year, from $5.70 to $5.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AMC Networks is 2.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of AMC Networks is 2.20, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.40.
Price to Book Value per Share Ratio
AMC Networks has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About AMC Networks Stock (NASDAQ:AMCX)

AMC Networks Inc., an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences, a platform to distributors, and advertisers in the United States, Europe, and internationally. The company operates through Domestic Operations, and International and Other segments. The Domestic Operations segment operates various national programming networks, including the AMC, We tv, BBC AMERICA, IFC, and SundanceTV; provides subscription streaming services comprising Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE, as well as AMC+ and other streaming initiatives; and engages in film distribution business under the IFC Films, RLJ Entertainment Films, and Shudder name. This segment also produces and licenses original programming for various programming networks, as well as services the programming networks. The International and Other segment operates a portfolio of channels under the AMCNI name; and production and comedy venues activities under the Levity name. AMC Networks Inc. was founded in 1980 and is headquartered in New York, New York.

AMCX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AMCX Stock News Headlines

April 18, 2024 | msn.com

What’s New on AMC Networks in May 2024

April 18, 2024 | finance.yahoo.com

Q4 Earnings Roundup: TEGNA (NYSE:TGNA) And The Rest Of The Broadcasting Segment

April 19, 2024 | Darwin (Ad)

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April 18, 2024 | finance.yahoo.com

Broadcasting Stocks Q4 Teardown: E.W. Scripps (NASDAQ:SSP) Vs The Rest

April 11, 2024 | finance.yahoo.com

AMC Networks Inc.: AMC Networks’ Small Size Is an Impediment, but Opportunities Exist to Manage the Streaming Evolution

April 9, 2024 | msn.com

WBD’s Former UK General Manager To Head AMC Networks International In Spain & Portugal

April 8, 2024 | nj.com

AMC settlement update: The deadline is here for $8.3M settlement including AMC+, Shudder, Acorn TV

April 8, 2024 | finance.yahoo.com

Investors in AMC Networks (NASDAQ:AMCX) have unfortunately lost 81% over the last five years

April 19, 2024 | Darwin (Ad)

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April 5, 2024 | globenewswire.com

AMC Networks Announces Early Results of Tender Offer for Any and All 4.75% Senior Notes due 2025

April 3, 2024 | msn.com

AMC Networks Reveals Sneak Peek of ‘The Walking Dead: Daryl Dixon - The Book of Carol' (TV News Roundup)

March 28, 2024 | msn.com

AMC Entertainment Shares Plunge On Proposed Stock Sale As Chain Cites Soft Box Office, Cash Burn

March 27, 2024 | msn.com

AMC Networks prices offering of $875M of 10.25% senior secured notes due 2029

March 26, 2024 | globenewswire.com

AMC Networks Inc. Announces Pricing of Upsized Private Offering of $875 Million of 10.25% Senior Secured Notes due 2029

March 25, 2024 | globenewswire.com

AMC Networks Announces Conditional Full Redemption of 4.75% Senior Notes due 2025

March 25, 2024 | globenewswire.com

AMC Networks Inc. Announces Proposed Private Offering of $700 Million of Senior Secured Notes due 2029

March 25, 2024 | globenewswire.com

AMC Networks Commences Tender Offer for Any and All Senior Notes due 2025

March 11, 2024 | finance.yahoo.com

Is There Now An Opportunity In AMC Networks Inc. (NASDAQ:AMCX)?

February 26, 2024 | finance.yahoo.com

AMCX Jun 2024 25.000 call

February 18, 2024 | seekingalpha.com

Streaming Growth, Solid Cash: Betting On AMC Networks' Financial Future

February 17, 2024 | money.usnews.com

AMC Networks Inc - Ordinary Shares - Class A

February 17, 2024 | finance.yahoo.com

AMCX Feb 2024 17.500 call

February 17, 2024 | finance.yahoo.com

AMCX Mar 2024 10.000 put

February 15, 2024 | finance.yahoo.com

AMC Networks to Participate in the J.P. Morgan 2024 Global High Yield and Leveraged Finance Conference

February 15, 2024 | globenewswire.com

AMC Networks to Participate in the J.P. Morgan 2024 Global High Yield and Leveraged Finance Conference

February 14, 2024 | seekingalpha.com

AMC Networks: 11.5% Yielding Notes One Of Two Good Income Options

February 13, 2024 | finance.yahoo.com

AMC Networks Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

See More Headlines

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Company Calendar

Last Earnings: 2/09/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Cable & other pay television services
Sub-Industry: Cable & Satellite
Current Symbol: NASDAQ:AMCX
CUSIP: 00164V10
CIK: 1514991
Web: www.amcnetworks.com
Phone: (212) 324-8500
Fax: 302-636-5454
Employees: 1,900
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $11.75
High Stock Price Target: $14.00
Low Stock Price Target: $10.00
Potential Upside/Downside: +8.0%
Consensus Rating: Strong Sell
Rating Score (0-4): 1.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.90
Trailing P/E Ratio: 2.22
Forward P/E Ratio: 1.91
P/E Growth: N/A
Net Income: $215.46 million
Net Margins: 7.95%
Pretax Margin: 10.91%
Return on Equity: 30.42%
Return on Assets: 5.95%

Debt

Debt-to-Equity Ratio: 2.14
Current Ratio: 1.72
Quick Ratio: 1.72

Sales & Book Value

Annual Sales: $2.71 billion
Price / Sales: 0.17
Cash Flow: $32.97 per share
Price / Cash Flow: 0.33
Book Value: $24.65 per share
Price / Book: 0.44

Miscellaneous

Outstanding Shares: 43,560,000
Free Float: 31,774,000
Market Cap: $473.93 million
Optionable: Optionable
Beta: 1.21

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Key Executives

Ms. Kristin Aigner Dolan (Age 58)
Chief Executive Officer
Comp: $84k
Mr. Patrick O'Connell (Age 49)
Executive VP & CFO
Comp: $1.56M
Mr. James G. Gallagher (Age 66)
Executive VP & General Counsel
Comp: $2.52M
Mr. Michael J. Sherin III (Age 54)
Executive VP & Chief Accounting Officer
Comp: $552.47k
Ms. Stephanie Mitchko-Beale B.Sc. (Age 58)
Executive Vice President of Global Media Operations & Technology
Mr. Nicholas Seibert (Age 34)
VP of Corporate Development & Investor Relations
Ms. Georgia Juvelis
Chief Communications Officer
Ms. Kim Granito
Chief Marketing Officer
Ms. Jennifer Caserta Priore
Chief Transformation & People Officer
Mr. Ben Davis (Age 43)
Executive Vice President of Programming - AMC Studios

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AMCX Stock Analysis - Frequently Asked Questions

Should I buy or sell AMC Networks stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AMC Networks in the last year. There are currently 3 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "strong sell" AMCX shares.
View AMCX analyst ratings or view top-rated stocks.
What is AMC Networks' stock price target for 2024?: 5 brokers have issued 12 month price objectives for AMC Networks' shares. Their AMCX share price targets range from $10.00 to $14.00. On average, they anticipate the company's share price to reach $11.75 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price.
View analysts price targets for AMCX or view top-rated stocks among Wall Street analysts.
How have AMCX shares performed in 2024?: AMC Networks' stock was trading at $18.79 at the beginning of 2024. Since then, AMCX shares have decreased by 42.7% and is now trading at $10.76.
View the best growth stocks for 2024 here.
Are investors shorting AMC Networks?: AMC Networks saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 3,550,000 shares, a decline of 33.0% from the March 15th total of 5,300,000 shares. Based on an average daily trading volume, of 650,100 shares, the days-to-cover ratio is presently 5.5 days. Currently, 11.7% of the company's shares are sold short.
View AMC Networks' Short Interest.
When is AMC Networks' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our AMCX earnings forecast.
How were AMC Networks' earnings last quarter?: AMC Networks Inc. (NASDAQ:AMCX) released its quarterly earnings data on Friday, February, 9th. The company reported $0.72 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.04. The firm earned $678.80 million during the quarter, compared to the consensus estimate of $675.97 million. AMC Networks had a net margin of 7.95% and a trailing twelve-month return on equity of 30.42%. AMC Networks's revenue was down 29.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.52 earnings per share.

What ETFs hold AMC Networks' stock?: ETFs with the largest weight of AMC Networks (NASDAQ:AMCX) stock in their portfolio include Invesco S&P SmallCap 600 Pure Value ETF (RZV).Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU).
What guidance has AMC Networks issued on next quarter's earnings?: AMC Networks updated its FY 2024 earnings guidance on Friday, February, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.6 billion.
What is Matt Blank's approval rating as AMC Networks' CEO?: 9 employees have rated AMC Networks Chief Executive Officer Matt Blank on Glassdoor.com. Matt Blank has an approval rating of 85% among the company's employees. 75.0% of employees surveyed would recommend working at AMC Networks to a friend.
What other stocks do shareholders of AMC Networks own?: Based on aggregate information from My MarketBeat watchlists, some companies that other AMC Networks investors own include AT&T (T), Verizon Communications (VZ), CVS Health (CVS), Netflix (NFLX), Walt Disney (DIS), General Motors (GM), Johnson & Johnson (JNJ), Pfizer (PFE) and Starbucks (SBUX).
Who are AMC Networks' major shareholders?: AMC Networks' stock is owned by many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.19%), DGS Capital Management LLC (0.06%) and Range Financial Group LLC (0.03%). Insiders that own company stock include James Gallagher, Joshua W Sapan, Kimberly Kelleher and Matthew Blank.
View institutional ownership trends.
How do I buy shares of AMC Networks?: Shares of AMCX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AMCX) was last updated on 4/19/2024 by MarketBeat.com Staff

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AMC Networks (AMCX) Stock Price, News & Analysis

AMC Networks MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About AMC Networks Stock (NASDAQ:AMCX)

AMCX Stock Price History

AMCX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

AMCX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™