Why AMC Entertainment (AMC) Stock is Slipping Even as Markets Rise: Key Insights You Need to Know

AMC Entertainment’s stock closed at $3.48, dipping by 0.57% from the previous day. In contrast, the S&P 500 climbed 1.04%, while the Dow increased by 0.77% and the Nasdaq jumped by 1.51%.

Over the last month, AMC’s stock has seen a slight decrease of 0.28%. This performance lags behind the Consumer Discretionary sector’s gain of 8.54% and the S&P 500’s rise of 3.92%.

Investors are eagerly awaiting AMC Entertainment’s earnings report due on February 25, 2025. Analysts forecast an earnings per share (EPS) of -$0.16, suggesting a notable 70.37% improvement from the same quarter last year. Revenue is expected to hit $1.29 billion, reflecting a 16.5% increase year-over-year.

Changes in analysts’ estimates for AMC can offer insights into the company’s prospects. Positive revisions often indicate growing confidence in AMC’s business and profitability. Our research highlights a clear link between these estimate changes and future stock performance.

We use a model called the Zacks Rank, which helps track these estimate changes. This system scores stocks from #1 (Strong Buy) to #5 (Strong Sell). Historically, stocks rated #1 have outperformed others, delivering an average annual return of +25% since 1988. Currently, AMC holds a Zacks Rank of #3 (Hold), with a recent decline of 9.73% in the EPS estimate over the past month.

AMC is part of the Leisure and Recreation Services industry within the Consumer Discretionary sector, which currently ranks 42nd out of over 250 industry groups. This places it in the top 17%, highlighting its performance relative to peers. Our research suggests that the top half of industries often outperform the bottom half by twice as much.

For more updates and stock metrics, keep an eye on Zacks.com in the coming days.

Source link

AMC Entertainment, Zacks Rank, S&P 500