Alert: Positive Investment/Fundamental Signals (11/17/23)-AMC Networks Inc (NASDAQ: AMCX)


Significant positive changes in fundamentals have recently occurred for AMC Networks Inc (NASDAQ: AMCX): the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

Significant positive changes in investment behavior have recently occurred for AMC Networks Inc (NASDAQ: AMCX): the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

AMCX is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

AMC Networks has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. AMC Networks has a very high Appreciation Score of 90 but a poor Power Rating of 26, resulting in the High Neutral Value Trend Rating.

Recent Price Action

On 11/17/23, AMC Networks Inc (NASDAQ: AMCX) stock enjoyed a very large increase of 8.9%, closing at $15.61. The stock has been weak relative to the market over the last nine months but has risen 15.9% during the last week.

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