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AMC (AMC, $10.09) posts Q4 loss
AMC Entertainment, the largest U.S. theater chain, reported a fourth-quarter net loss of -$6.21 a share, compared with a loss of -13 cents a share in the year-earlier quarter. The adjusted loss was -$3.15 a share, compared to analysts’ expectation of -$3.24.
Revenue fell to $162.5 million, compared to $1.45 billion a year earlier. Analysts polled by Factset had forecast $142.3 million.
As of Dec. 31, AMC had been operating 67%, of its U.S. theaters at capacities of 20% to 40%. In its international business, it was 30% of its theaters at limited capacities.
Since March 2020, AMC raised about $2.2 billion of cash by selling debt and equity, secured more than $1 billion of concessions from creditors and landlords, raised more than $80 million by selling assets, and had $600 million of notes converted to equity.
AMC in -17.17% downward trend, falling for three consecutive days on May 11, 2022
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where AMC declined for three days, in 287 of 340 cases, the price declined further within the following month. The odds of a continued downward trend are 84%.
Current price $11.70 crossed the resistance line at $30.01 and is trading between $30.01 resistance and $10.35 resistance lines. Throughout the month of 04/13/22 - 05/16/22, the price experienced a -37% Downtrend. During the week of 05/09/22 - 05/16/22, the stock fell -7%.
The Moving Average Convergence Divergence Histogram (MACD) for AMC turned negative on April 07, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 38 similar instances when the indicator turned negative. In 29 of the 38 cases the stock turned lower in the days that followed. This puts the odds of success at 76%.
AMC moved below its 50-day Moving Average on April 20, 2022 date and that indicates a change from an upward trend to a downward trend.
The 10-day Moving Average for AMC crossed bearishly below the 50-day moving average on April 20, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 75%.
The Aroon Indicator for AMC entered a downward trend on May 16, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where AMC's RSI Oscillator exited the oversold zone, 32 of 39 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 82%.
Following a +13.89% 3-day Advance, the price is estimated to grow further. Considering data from situations where AMC advanced for three days, in 205 of 269 cases, the price rose further within the following month. The odds of a continued upward trend are 76%.
AMC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 70%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.54.
The Tickeron SMR rating for this company is 100 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. AMC’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 93, placing this stock worse than average.
The Tickeron Price Growth Rating for this company is 91 (best 1 - 100 worst), indicating slightly worse than average price growth. AMC’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of 28 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.000) is normal, around the industry mean (4.950). P/E Ratio (0.000) is within average values for comparable stocks, (37.715). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.471). AMC has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.043). P/S Ratio (1.889) is also within normal values, averaging (134.101).
The Tickeron PE Growth Rating for this company is 15 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
Movies/entertainment industry include companies that produce and distribute motion pictures, and companies that operate general entertainment facilities like amusement parks and bowling centers. Some companies in this industry also have professional sports franchises. Live Nation Entertainment, Inc., Liberty Media Corp. and Viacom Inc. are some of the biggest companies in this space.
The average market capitalization across the Movies/Entertainment Industry is 7.1B. The market cap for tickers in the group ranges from 1.4K to 195.5B. DIS holds the highest valuation in this group at 195.5B. The lowest valued company is GTOR at 1.4K.
The average weekly price growth across all stocks in the Movies/Entertainment Industry was -0.97%. For the same Industry, the average monthly price growth was -11.23%, and the average quarterly price growth was 9.76%. HMTV experienced the highest price growth at 72.94%, while GOAI experienced the biggest fall at -48%.
- 4/21/22 5:15 AM: AMC Entertainment Holdings (AMC, $17.34) was a top loser this week, declining -6.42%. Expect a Downtrend continuation
- 4/14/22 4:49 AM: AMC Entertainment Holdings (AMC, $18.53) was a top loser this week, declining -9.12%. Expect a Downtrend continuation
- 4/5/22 5:39 AM: AMC Entertainment Holdings (AMC, $23.31) was a top loser this week, declining -20.53%. Expect a Downtrend continuation
The average weekly volume growth across all stocks in the Movies/Entertainment Industry was 1.09%. For the same stocks of the Industry, the average monthly volume growth was 20.8% and the average quarterly volume growth was 56.64%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the TrendWeek Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 37%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.52.
38 stocks in the group of tickers exhibit a similar negative trend based on the Declines indicator with an average likelihood of 75%.
The most notable companies in this group are AMC Entertainment Holdings (NYSE:AMC), Eros STX Global Corp (NYSE:ESGC).
The average market capitalization across the group is 2.5B. The market cap for tickers in the group ranges from 0 to 20.8B. LYV holds the highest valuation in this group at 20.8B. The lowest valued company is BSEG at 0.
The average weekly price growth across all stocks in the group was -0.17%. For the same group, the average monthly price growth was -13.2%, and the average quarterly price growth was -29.51%. PTOI experienced the highest price growth at 42.35%, while CSSE experienced the biggest fall at -38.76%.
- 5/14/22 4:23 AM: fuboTV (FUBO, $3.51) was a top weekly gainer, with a +8% jump
- 5/14/22 4:23 AM: Cinemark Holdings (CNK, $16.25) was a top weekly gainer, with a +7.05% jump
- 5/14/22 4:23 AM: Chicken Soup for the Soul Entertainment (CSSE, $5.48) is a top weekly loser for penny stocks, falling -42.86%
The average weekly volume growth across all stocks in the group was 85.65%. For the same stocks of the group, the average monthly volume growth was 440.46% and the average quarterly volume growth was 135.27%
- 5/14/22 4:17 AM: The volume for Chicken Soup for the Soul Entertainment stock increased for three consecutive days, resulting in a record-breaking daily growth of 477% of the 65-Day Volume Moving Average
- 5/14/22 4:16 AM: The volume for Drive Shack stock increased for four consecutive days, resulting in a record-breaking daily growth of 123% of the 65-Day Volume Moving Average
- 5/10/22 5:30 AM: The volume for HeadsUp Entertainment International stock increased for four consecutive days, resulting in a record-breaking daily growth of 363% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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