Somewhat Positive Press Coverage Somewhat Unlikely to Affect AMC Networks (AMCX) Share Price

News coverage about AMC Networks (NASDAQ:AMCX) has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AMC Networks earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.2751726598419 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Several research firms recently issued reports on AMCX. Jefferies Group LLC reissued a “hold” rating and issued a $65.00 price target on shares of AMC Networks in a research report on Tuesday, September 12th. TheStreet cut AMC Networks from a “b-” rating to a “c” rating in a research note on Tuesday, November 14th. BidaskClub upgraded AMC Networks from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 31st. Piper Jaffray Companies set a $60.00 price objective on AMC Networks and gave the company a “hold” rating in a research note on Wednesday, November 1st. Finally, Cowen and Company reiterated a “hold” rating and set a $53.00 target price on shares of AMC Networks in a research note on Thursday, September 21st. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $60.58.

Shares of AMC Networks (NASDAQ AMCX) traded up $0.71 during trading on Tuesday, reaching $50.55. The company had a trading volume of 531,636 shares, compared to its average volume of 749,076. AMC Networks has a fifty-two week low of $46.89 and a fifty-two week high of $67.61. The company has a market cap of $3,090.00, a PE ratio of 7.20, a P/E/G ratio of 0.94 and a beta of 1.09. The company has a quick ratio of 2.57, a current ratio of 2.57 and a debt-to-equity ratio of 37.53.

AMC Networks (NASDAQ:AMCX) last announced its quarterly earnings data on Thursday, November 2nd. The company reported $1.68 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.15 by $0.53. AMC Networks had a return on equity of 948.45% and a net margin of 12.12%. The business had revenue of $648.00 million for the quarter, compared to analysts’ expectations of $660.79 million. During the same period in the previous year, the business posted $1.11 EPS. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. research analysts predict that AMC Networks will post 7.01 earnings per share for the current fiscal year.

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AMC Networks Company Profile

AMC Networks Inc is a holding company, which conducts all of its operations through its subsidiaries. The Company owns and operates entertainment businesses and assets. It operates through two segments: National Networks, and International and Other. National Networks includes activities of its programming businesses, which include its programming networks distributed in the United States and Canada.

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