AMC Entertainment Holdings: Stock Analysis & Analyst Update

AMC Entertainment Holdings:

Roth MKM Partners Rating:

Upgrade to Neutral:

Roth MKM Partners (Analyst Rank #54) has upgraded AMC Entertainment’s stock from a “Sell” rating to a “Neutral” rating.

Target Price Change:

The 12 month target price for AMC has also been revised. Roth MKM Partners adjusted their price target downward from USD 4 to USD 3.25. This reduction indicates that, despite the upgrade in rating, the analysts have lowered their expectations of the stock’s value in the short term.

Stock Forecast from Analysts:

Analysts’ Target Price:

The average target price for AMC, based on a survey of 4 analysts, is USD 5.05 over the next 12 months. This suggests that analysts see some potential for price appreciation, as the target price is significantly higher than the current stock price of USD 3.08. Specifically, this target suggests potential upside of about 64% from the current market price, indicating that analysts believe there could be room for improvement in AMC’s stock over the next year.

Analyst Consensus Rating:

Despite the USD 5.05 target price, AMC holds an average analyst rating of “Underperform”. This rating signals that most analysts are not optimistic about the stock’s immediate prospects and expect it to lag behind the broader market. The Underperform rating typically suggests that analysts think the stock will not experience significant gains and may even decline or underperform relative to its peers.

3. Stock Target Advisor’s Analysis:

• Slightly Bearish: Stock Target Advisor-AI assigns AMC a “Slightly Bearish” outlook, based on a mix of both positive and negative signals. The analysis includes 5 positive signals and 7 negative signals, reflecting a moderately negative sentiment about the stock’s future performance. While the positive factors may indicate some room for improvement or value, the negative signals suggest that AMC is facing challenges or risks that outweigh these positive aspects in the near term.

4. Recent Stock Performance:

• Past Week: Over the past week, AMC’s stock has dropped by -5.23%, suggesting short-term weakness or volatility in the stock price.
• Past Month: Over the last month, the stock price has fallen by -23.38%, which indicates a significant decline and reflects market concerns about the company’s current financial health or outlook.
• Past Year: Over the last year, AMC’s stock price has dropped by -23.19%, signaling a consistent decline over a longer period and underscoring the struggles AMC has faced in the past year.

Outlook:

Despite the upgrade to Neutral from Roth MKM Partners, indicating less pessimism than before, AMC’s stock remains under significant pressure. The average analyst target price suggests some room for growth, but the Underperform rating and Slightly Bearish outlook highlight the overall negative sentiment surrounding the stock. The lowered price target and consistent declines over the last week, month, and year indicate that, at least in the short term, AMC faces challenges that could prevent significant upside. Investors may be cautious, given the negative signals from analysts and the recent performance of the stock.