B.Riley Financial analyst Eric Wold maintained a Hold rating on AMC Entertainment (NYSE:AMC) on Tuesday, setting a price target of $16, which is approximately 64.49% below the present share price of $45.06.
Wold expects AMC Entertainment to post earnings per share (EPS) of -$0.71 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Sell rating of shares in AMC Entertainment, with an average price target of $11.75.
The analysts price targets range from a high of $16 to a low of $7.5.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $444.7 million and a net profit of -$246.4 million. The company's market cap is $23.13 billion.
According to TipRanks.com, B.Riley Financial analyst Eric Wold is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 31.6% and a 69.81% success rate.
AMC Entertainment Holdings, Inc. engages in the theatrical exhibition business through its subsidiaries. It operates through the United States Markets and International Markets segments. The United States segment involves in the activity in the U.S. specifically in New York, Los Angeles, Chicago, Atlanta, and Washington, D.C..The International Markets segment focuses its operations in the United Kingdom, Germany, Spain, Italy, Ireland, Portugal, Sweden, Finland, Estonia, Latvia, Lithuania, Norway, and Denmark. The company was founded on June 6, 2007 and is headquartered in Leawood, KS.