AMCX has been the subject of a number of other reports. Wolfe Research raised Amc Networks from an underperform rating to a peer perform rating in a research note on Tuesday, July 30th. TheStreet cut Amc Networks from a b- rating to a c+ rating in a research note on Tuesday, August 27th. ValuEngine cut Amc Networks from a sell rating to a strong sell rating in a research note on Monday, July 22nd. Zacks Investment Research cut Amc Networks from a buy rating to a hold rating in a research note on Friday, August 2nd. Finally, Gabelli reissued a buy rating on shares of Amc Networks in a research note on Tuesday, June 11th. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. Amc Networks presently has an average rating of Hold and an average price target of $60.20.
Shares of AMCX stock opened at $50.85 on Thursday. The company has a debt-to-equity ratio of 5.80, a current ratio of 2.65 and a quick ratio of 2.65. The stock has a market cap of $2.82 billion, a PE ratio of 5.85, a price-to-earnings-growth ratio of 0.63 and a beta of 0.86. The stock has a 50-day moving average of $50.61 and a 200-day moving average of $55.55. Amc Networks has a one year low of $46.31 and a one year high of $68.42.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Mason Street Advisors LLC grew its stake in shares of Amc Networks by 0.8% during the 1st quarter. Mason Street Advisors LLC now owns 23,786 shares of the company’s stock worth $1,350,000 after acquiring an additional 191 shares in the last quarter. Oregon Public Employees Retirement Fund grew its stake in shares of Amc Networks by 1.4% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 18,271 shares of the company’s stock worth $996,000 after acquiring an additional 256 shares in the last quarter. California State Teachers Retirement System grew its stake in shares of Amc Networks by 0.5% during the 1st quarter. California State Teachers Retirement System now owns 69,266 shares of the company’s stock worth $3,932,000 after acquiring an additional 314 shares in the last quarter. Empirical Finance LLC grew its stake in shares of Amc Networks by 0.9% during the 2nd quarter. Empirical Finance LLC now owns 37,981 shares of the company’s stock worth $2,070,000 after acquiring an additional 332 shares in the last quarter. Finally, Trust Co. of Vermont bought a new position in shares of Amc Networks during the 2nd quarter worth approximately $27,000. 85.92% of the stock is owned by institutional investors and hedge funds.
About Amc Networks
AMC Networks Inc owns and operates various cable television's brands delivering content to audiences, and a platform to distributors and advertisers in the United States and internationally. The company operates in two segments, National Networks; and International and Other. The National Networks segment operates five distributed entertainment programming networks under the AMC, WE tv, BBC AMERICA, IFC, and SundanceTV names in high definition and standard definition formats.
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