Media headlines about AMC Networks (NASDAQ:AMCX) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AMC Networks earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.1918002891905 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several equities analysts have issued reports on AMCX shares. BidaskClub raised shares of AMC Networks from a “strong sell” rating to a “sell” rating in a research note on Tuesday, December 19th. TheStreet upgraded shares of AMC Networks from a “c” rating to a “b-” rating in a research report on Thursday, December 21st. Zacks Investment Research lowered shares of AMC Networks from a “hold” rating to a “sell” rating in a research report on Friday, January 19th. Piper Jaffray Companies set a $60.00 target price on shares of AMC Networks and gave the stock a “hold” rating in a research report on Wednesday, November 1st. Finally, ValuEngine lowered shares of AMC Networks from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $62.42.
Shares of AMC Networks (AMCX) traded up $0.95 during midday trading on Wednesday, hitting $52.54. 476,123 shares of the company’s stock traded hands, compared to its average volume of 756,127. AMC Networks has a 52 week low of $46.89 and a 52 week high of $67.61. The company has a quick ratio of 2.57, a current ratio of 2.57 and a debt-to-equity ratio of 37.53. The stock has a market cap of $3,161.20, a price-to-earnings ratio of 10.36, a P/E/G ratio of 0.93 and a beta of 0.91.
About AMC Networks
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. It operates through two segments: National Networks, and International and Other. National Networks includes activities of its programming businesses, which include its programming networks distributed in the United States and Canada.
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