21-Feb-2025
Challenging Outlook for AMC Networks: Sell Rating Amidst Linear Cable Pressures and EBITDA Declines
TipRanks (Thu, 20-Feb 6:59 AM ET)
Kirby McInerney LLP Announces Investigation Against AMC Networks Inc. (AMCX) on Behalf of Investors
Globe Newswire (Wed, 19-Feb 6:00 PM ET)
PRNewswire (Tue, 18-Feb 6:47 PM ET)
TipRanks (Tue, 18-Feb 7:20 AM ET)
AMC Networks: Hold Rating Amid Revenue Decline and Uncertain Digital Growth
TipRanks (Mon, 17-Feb 8:25 PM ET)
AMC Networks Inc. Reports Fourth Quarter and Full Year 2024 Results
Globe Newswire (Fri, 14-Feb 7:00 AM ET)
AMC Networks to Report Fourth Quarter and Full Year 2024 Results
Globe Newswire (Fri, 24-Jan 9:00 AM ET)
AMC Networks owns several linear pay-TV networks, including AMC, WE tv, BBC America, IFC, and SundanceTV. AMC, its most widely distributed network, reached nearly 65 million pay-TV households in the US at the end of 2023. The firm also had nearly 11.5 million US streaming subscribers, with AMC+ as the flagship streaming platform. With both its linear networks and streaming offerings, the firm caters to specific niche audiences. Over the last 15 years, AMC has shifted its focus to original scripted programming from classic movies. It creates content through AMC Studios and also generates revenue from licensing content. Following an international divestiture at the end of 2023, domestic operations make up nearly 90% of total revenue.
Amc Networks - Class A trades on the NASDAQ stock market under the symbol AMCX.
As of February 21, 2025, AMCX stock price declined to $7.71 with 478,921 million shares trading.
AMCX has a market cap of $340.00 million. This is considered a Small Cap stock.
Last quarter Amc Networks - Class A reported $599 million in Revenue and $.64 earnings per share. This fell short of revenue expectation by $-12 million and missed earnings estimates by -$.41.
In the last 3 years, AMCX traded as high as $44.05 and as low as $7.08.
The top ETF exchange traded funds that AMCX belongs to (by Net Assets): VTI, IWM, AVUV, VXF, IWN.
AMCX has underperformed the market in the last year with a price return of -41.7% while the SPY ETF gained +22.1%. AMCX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -21.5% and -21.2%, respectively, while the SPY returned +1.4% and -0.1%, respectively.
AMCX support price is $7.70 and resistance is $8.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMCX shares will trade within this expected range on the day.