What is Wedbush’s Forecast for AMC FY2027 Earnings?

AMC Entertainment Holdings, Inc. (NYSE:AMC) – Equities research analysts at Wedbush issued their FY2027 earnings estimates for shares of AMC Entertainment in a research report issued on Wednesday, February 26th. Wedbush analyst A. Reese forecasts that the company will earn ($0.25) per share for the year. The consensus estimate for AMC Entertainment’s current full-year earnings is ($1.38) per share.

Other analysts have also issued reports about the company. StockNews.com raised AMC Entertainment to a “sell” rating in a report on Saturday, February 22nd. Macquarie reissued a “neutral” rating and issued a $4.00 target price on shares of AMC Entertainment in a report on Wednesday. Roth Capital set a $3.25 target price on shares of AMC Entertainment in a research report on Tuesday, February 4th. Benchmark reaffirmed a “hold” rating on shares of AMC Entertainment in a report on Thursday, November 7th. Finally, Roth Mkm raised shares of AMC Entertainment from a “sell” rating to a “neutral” rating and decreased their price objective for the company from $4.00 to $3.25 in a research note on Tuesday, February 4th. Three equities research analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $4.81.

AMC Entertainment Price Performance

AMC Entertainment stock opened at $3.32 on Friday. The stock’s fifty day moving average price is $3.57 and its two-hundred day moving average price is $4.24. AMC Entertainment has a one year low of $2.38 and a one year high of $11.88. The firm has a market cap of $1.25 billion, a PE ratio of -2.06 and a beta of 1.88.

Hedge Funds Weigh In On AMC Entertainment

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. increased its holdings in shares of AMC Entertainment by 153.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,705,500 shares of the company’s stock worth $16,860,000 after buying an additional 2,243,052 shares in the last quarter. Virtu Financial LLC acquired a new position in AMC Entertainment in the 3rd quarter worth about $893,000. Geode Capital Management LLC increased its holdings in AMC Entertainment by 12.1% in the 3rd quarter. Geode Capital Management LLC now owns 8,047,182 shares of the company’s stock worth $36,622,000 after purchasing an additional 866,757 shares in the last quarter. Sanctuary Advisors LLC bought a new position in AMC Entertainment in the third quarter valued at about $72,000. Finally, KBC Group NV boosted its stake in shares of AMC Entertainment by 7,771.5% during the fourth quarter. KBC Group NV now owns 648,141 shares of the company’s stock valued at $2,580,000 after purchasing an additional 639,907 shares in the last quarter. 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.