Recent exceptional negative changes in investment behavior have affected AMC Networks Inc (NASDAQ: AMCX): the stock’s recent price decline challenged its longer term uptrend, and the stock fell on very heavy volume.
AMC Networks Inc (NASDAQ: AMCX) suffers from notable negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, AMCX is expected to continue to be a major Value Builder.
AMC Networks has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. AMC Networks has a good Appreciation Score of 82 but a poor Power Rating of 19, leading to the Neutral Value Trend Rating.
Recent Price Action
AMC Networks Inc (NASDAQ: AMCX) stock declined by -3.7% on 6/18/24. The shares closed at $9.81. Moreover, this decline was accompanied by exceptionally high trading volume at 806% of normal. The stock has been weak relative to the market over the last nine months and has declined -41.9% during the last week.
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