Q4 Earnings Forecast for AMC Entertainment Issued By Wedbush

AMC Entertainment Holdings, Inc. (NYSE:AMC) – Equities researchers at Wedbush dropped their Q4 2024 earnings per share (EPS) estimates for shares of AMC Entertainment in a report released on Monday, November 4th. Wedbush analyst A. Reese now expects that the company will post earnings per share of ($0.08) for the quarter, down from their prior forecast of $0.04. Wedbush has a “Neutral” rating and a $4.00 price target 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.

Several other research firms have also commented on AMC. Benchmark reaffirmed a “hold” rating on shares of AMC Entertainment in a research report on Monday, August 5th. Morgan Stanley dropped their price target on shares of AMC Entertainment from $11.00 to $10.00 and set an “underweight” rating for the company in a research note on Monday, August 12th. Three equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. According to data from MarketBeat, AMC Entertainment presently has a consensus rating of “Hold” and a consensus price target of $5.84.

AMC Entertainment Stock Up 4.1 %

NYSE:AMC opened at $4.57 on Thursday. AMC Entertainment has a 52 week low of $2.38 and a 52 week high of $11.88. The stock has a market capitalization of $1.65 billion, a PE ratio of -3.11 and a beta of 1.83. The stock’s 50-day moving average price is $4.52 and its 200-day moving average price is $4.65.

Institutional Investors Weigh In On AMC Entertainment

A number of institutional investors and hedge funds have recently made changes to their positions in AMC. Vanguard Group Inc. raised its holdings in shares of AMC Entertainment by 22.9% in the first quarter. Vanguard Group Inc. now owns 24,804,669 shares of the company’s stock valued at $92,273,000 after buying an additional 4,617,007 shares during the last quarter. Renaissance Technologies LLC raised its holdings in shares of AMC Entertainment by 18.2% in the second quarter. Renaissance Technologies LLC now owns 10,285,826 shares of the company’s stock valued at $51,223,000 after buying an additional 1,585,430 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of AMC Entertainment in the second quarter valued at about $6,775,000. SG Americas Securities LLC raised its holdings in shares of AMC Entertainment by 1,894.0% in the second quarter. SG Americas Securities LLC now owns 1,121,025 shares of the company’s stock valued at $5,583,000 after buying an additional 1,064,805 shares during the last quarter. Finally, Boulder Hill Capital Management LP purchased a new position in AMC Entertainment during the first quarter worth about $2,842,000. 28.80% of the stock is owned by hedge funds and other institutional investors.

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.