AMC Stock Price and Chart NYSE:AMC
The company has more than $4 billion in long-term debt on the books and interest… When looking at sheer growth, this has been Cava’s year thus far. The company is leading on revenue and earnings and seems to have the momentum. Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
year income & revenue
AMC Entertainment’s stock reverse split on the morning of Thursday, August 24th 2023. The 1-10 reverse split was announced on Monday, August 14th 2023. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, August 23rd 2023.
Latest AMC news
And earnings surprises seem to be rewarded with a strong stock performance. I think the younger company, with its similar business structure but a focus on Mediterranean food (along with its recent addition of steak), stands to deliver better returns over the coming years. Yes, it is a more expensive stock from an earnings perspective, but it is exhibiting higher growth rates for revenue and earnings. Chipotle’s most recent results included full-year guidance for comps to rise by the mid to high single digits.
AMC Entertainment Holdings, Inc owns, operates, or has an interest in cinema theatres in the United States and Europe but has also expanded into digital and streaming media. In 2000, the company partnered to offer the first online ticket sales and expands it to all theaters, even Empire 25 in New York, the world’s busiest movie theater. In regard to market dominance, AMC Entertainment operates 22 of the US 50 busiest movie theaters and 4 of the top 5. Later, the company announced the launch of streaming services in 2019 and listed thousands of titles across a wide spectrum of genres and categories by mid-2022. To say that AMC Entertainment Holdings (AMC 6.81%) has been a great performer for its investors would be a major understatement. While the fundamentals of the movie theater business have clearly improved, unholy grails – a new road to wealth is it enough to justify the current share price?
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- It’s pretty clear that Chipotle wins the valuation battle based on current near-term expectations.
- Disinflationary trends persist, with CPI showing a steady decline, despite media drama over slightly higher-than-expected figures; energy stocks remain attractive for long-term investors.
- Chipotle’s most recent results included full-year guidance for comps to rise by the mid to high single digits.
- AMC noted that its merchandise program for “Wicked” was well received with collectibles selling out about halfway through the weekend.
- Overall, Cava is a much younger business, having been founded in 2006, compared to Chipotle, which has been around since 1993.
- AMC Entertainment’s stock reverse split on the morning of Thursday, August 24th 2023.
Sales & Book Value
Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. According to 5 analysts, the average rating for AMC stock is “Sell.” The 12-month stock price forecast is $4.3, which is a decrease of -11.52% from the latest price. Overall, Cava is a much younger business, having been founded in 2006, compared to Chipotle, which has been around since 1993.
On a broader basis, Cava earnings are up 83.3% so far this year to $0.44 per diluted share, while Chipotle’s are up 27.9% to $0.87 per diluted share. Chipotle’s sales were up 15.13% through the first three quarters of the year, while Cava’s revenue was up 33.5% to $736.3 million. The company on Monday announced it saw its highest domestic revenue ever during the pre-Thanksgiving weekend.
AMC Entertainment is planning to reinvest up to $1.5 billion in its theaters but faces beaxy review a balancing act amid debt repayments, according to analyst firm Wedbush. Discover which analysts rank highest on predicting the price target of AMC. Discover which analysts rank highest for AMC overall weighted by direction, price target, and price movement. Select to analyze similar companies using key performance metrics; select up to 4 stocks.
‘Wicked,’ ‘Gladiator II,’ ‘Moana 2′ Could Break Thanksgiving Weekend Box Office: Stocks To Watch
Chipotle is a more mature business with a proven track record, and a much lower premium on shares relative to earnings. I think that upside creates the opportunity for Cava to turn in another banner result in the fourth quarter and speaks to the chain’s prospects as a whole. If it reaches analysts’ average full-year EPS estimate of $0.50, that would give the stock a forward P/E of 284 times full-year earnings. The company on Monday How to buy elongate announced it saw its highest domestic revenue ever during the pre-Thanksgivi… The domestic box office is on the rebound, but AMC’s debt load is preventing it from fully capitalizing on the revival.