Recent significant negative changes in fundamentals have affected AMC Networks Inc (NASDAQ: AMCX): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Extremely significant negative changes in AMC Networks Inc (NASDAQ: AMCX) investment behavior have recently occurred: negative upside/downside volume developed, and the stock fell on very heavy volume.
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 (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. AMC Networks has a very high Appreciation Score of 95 but a very low Power Rating of 1, and the Low Neutral Value Trend Rating results.
Recent Price Action
On 9/10/24, AMC Networks Inc (NASDAQ: AMCX) stock declined modestly by -1.4%, closing at $7.83. Moreover, this decline was accompanied by exceptionally high trading volume at 209% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -20.5% during the last week.
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