Several analysts have recently updated their ratings and price targets for AMC Networks (NASDAQ: AMCX):
Shares of AMC Networks Inc. (NASDAQ:AMCX) opened at 56.51 on Friday. The stock has a market cap of $3.98 billion, a price-to-earnings ratio of 11.92 and a beta of 1.06. The firm has a 50-day moving average price of $53.57 and a 200-day moving average price of $53.54. AMC Networks Inc. has a 1-year low of $46.17 and a 1-year high of $76.48.
AMC Networks (NASDAQ:AMCX) last issued its quarterly earnings results on Thursday, November 3rd. The company reported $1.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.02 by $0.01. AMC Networks had a return on equity of 408.71% and a net margin of 12.80%. The firm had revenue of $634.60 million for the quarter, compared to analysts’ expectations of $660.58 million. During the same quarter in the previous year, the firm posted $1.09 earnings per share. The firm’s revenue for the quarter was up .4% compared to the same quarter last year. Equities analysts forecast that AMC Networks Inc. will post $5.67 EPS for the current year.
AMC Networks Inc is a holding company, which conducts all of its operations through its subsidiaries. The Company owns and operates entertainment businesses and assets. The Company operates through two segments: National Networks, and International and Other. The National Networks segment principally includes activities of its programming businesses, which include its programming networks distributed in the United States and Canada.