AMC Networks Inc (AMCX) recent quarterly performance of -8.85% is not showing the real picture

AMC Networks Inc (NASDAQ: AMCX) started the day on Wednesday, with a price increase of 3.38% at $9.47, before settling in for the price of $9.16 at the close. Taking a more long-term approach, AMCX posted a 52-week range of $7.08-$20.97.

The Communication Services Sector giants’ yearly sales growth during the last 5-year period was -1.50%. Meanwhile, its Annual Earning per share during the time was -8.34%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -38.78%. This publicly-traded company’s shares outstanding now amounts to $32.08 million, simultaneously with a float of $28.71 million. The organization now has a market capitalization sitting at $431.96 million. At the time of writing, stock’s 50-day Moving Average stood at $8.43, while the 200-day Moving Average is $10.99.

AMC Networks Inc (AMCX) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Entertainment Industry. AMC Networks Inc’s current insider ownership accounts for 34.92%, in contrast to 76.86% institutional ownership. According to the most recent insider trade that took place on May 23 ’24, this organization’s Chief Commercial Officer sold 10,941 shares at the rate of 17.22, making the entire transaction reach 188,404 in total value, affecting insider ownership by 0. Preceding that transaction, on May 21 ’24, Company’s EVP & Chief Financial Officer sold 6,459 for 16.32, making the whole transaction’s value amount to 105,387. This particular insider is now the holder of 0 in total.

AMC Networks Inc (AMCX) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.12 per share during the current fiscal year.

AMC Networks Inc’s EPS decrease for this current 12-month fiscal period is -38.78% and is forecasted to reach 3.63 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -10.10% through the next 5 years, which can be compared against the -8.34% growth it accomplished over the previous five years trading on the market.

AMC Networks Inc (NASDAQ: AMCX) Trading Performance Indicators

Let’s observe the current performance indicators for AMC Networks Inc (AMCX). It’s Quick Ratio in the last reported quarter now stands at 2.31. The Stock has managed to achieve an average true range (ATR) of 0.55. Alongside those numbers, its PE Ratio stands at $15.02, and its Beta score is 1.33. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.17. Similarly, its price to free cash flow for trailing twelve months is now 1.24.

In the same vein, AMCX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.63, a figure that is expected to reach 1.05 in the next quarter, and analysts are predicting that it will be 3.63 at the market close of one year from today.

Technical Analysis of AMC Networks Inc (AMCX)

If we take a close look at the recent performances of AMC Networks Inc (NASDAQ: AMCX), its last 5-days Average volume was 0.85 million that shows plunge from its year to date volume of 1.06 million. During the previous 9 days, stock’s Stochastic %D was recorded 42.33% While, its Average True Range was 0.56.

Raw Stochastic average of AMC Networks Inc (AMCX) in the period of the previous 100 days is set at 53.23%, which indicates a major fall in contrast to 69.06% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 69.26% that was higher than 59.29% volatility it exhibited in the past 100-days period.