Analyst Ratings for AMC Networks Inc. Cl A (AMCX)Updated: 2017-07-27
AMC Networks Inc. Cl A (NASDAQ:AMCX) was awarded an average rating of Overweight from investment analysts following the stock. Last month, AMCX received an average rating of Overweight.
21 analysts issued ratings on the stock, where 8 gave AMCX a buy rating, 1 gave an overweight rating, 11 gave a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for AMCX. The maximum price target given was 78, which equates to a potential upside of 21.67 percent. The minimum price target given was 49, implying potential capital losses of -23.57 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.35 percent. That number becomes -6.91 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.31 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.1 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of AMCX's earnings is estimated by analysts to be 56.46 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of AMCX is 0.27.
AMCX has a 52-week high of 67.61 and a 52-week low of 46.17. Today's price is 38.86 percent above the 52-week low, and below the high by 5.18 percent. AMCX has a P/E ratio of 15.49. Investors typically compare the P/E ratio to a company's peers in the industry. The AMCX value stock report compares AMCX to some of its peers using value stock charts. The market cap of AMCX is $4.27 billion. AMCX's next earnings release will be on 0000-00-00, which is days away.