A downtrend has been apparent in AMC Entertainment (AMC) lately with too much selling pressure. The stock has declined 24.1% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, f ...

The most recent trading session ended with AMC Entertainment (AMC) standing at $3.11, reflecting a -0.96% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.51% loss on the day. Meanwhile, the Dow lost 0.75%, and the Nasdaq, a tech-heavy index, lost 0.28%.The movie theater operator's shares have seen a decrease of 21.89% over the last month, not keeping up with the Consumer Discretionary sector's gain of 4.16% and the S&P 500's gain of 2.87%.Investors will be eagerly watching ...

The latest trading session saw AMC Entertainment (AMC) ending at $3.41, denoting a +0.59% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 0.53%. At the same time, the Dow added 0.93%, and the tech-heavy Nasdaq gained 0.22%.The movie theater operator's stock has dropped by 16.5% in the past month, falling short of the Consumer Discretionary sector's loss of 0.2% and the S&P 500's gain of 2.69%.The upcoming earnings release of AMC Entertainment will b ...

Groundbreaking Film Commits 50% of Net Profits to Combat Homelessness in Local Communities NationwideA Powerful Exploration of Homelessness and Humanity Featuring an All-Star CastFathom Entertainment Now Offering Tickets On Sale SACRAMENTO, Calif., Jan. 21, 2025 /PRNewswire/ -- Robert Craig Films unveiled the official trailer and key art today for its upcoming debut feature film, NO ADDRESS, in theatres nationwide and presented by Fathom Entertainment beginning February 28. NO ADDRESS shares the personal jo ...

Company Overview - Proactive is a global financial news and online broadcast company with operations across six offices on three continents, including London, New York, Toronto, Vancouver, Sydney, and Perth [1][2] - The company produces 50,000 pieces of real-time news, feature articles, and filmed interviews annually, overseen by Managing Editor Ian Lyall, who has over three decades of experience in journalism and editing [1] - Proactive's content is independently produced by experienced and qualified teams of news journalists, targeting a global investment audience [1] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2] - The company delivers news and unique insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology and Content Production - Proactive is a forward-looking company that adopts technology to enhance workflows, equipping its human content creators with decades of expertise and experience [4] - The company occasionally uses automation and software tools, including generative AI, but all content is ultimately edited and authored by humans to ensure quality and adherence to best practices in content production and search engine optimization [5]

You won't be charged a penny during the free trial, so you have nothing to lose and everything to gain.If you want full access to our Portfolio and all our current Top Picks, feel free to join us at High Yield Landlord for a 2-week free trial.He is the leader of the investing group High Yield Landlord , where he shares his real-money REIT portfolio and transactions in real-time. Features of the group include: three portfolios (core, retirement, international), buy/sell alerts, and a chat room with direct ac ...

In this articleAMCCars drive near an AMC Theater in New York City on March 29, 2023.Leonardo Munoz | View Press | Corbis News | Getty ImagesThe domestic box office is on the rebound, having posted its highest third-quarter ticket sales since the pandemic. The world's largest movie theater chain, however, isn't on such solid footing.AMC operates around 900 theaters and 10,000 screens globally, a larger footprint than its chief rivals Cinemark and Regal. Yet it's struggled with a hefty debt load, even before ...

We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies.Aaron Chow, aka Elephant Analytics has 15+ years of analytical experience and is a top rated analyst on TipRanks. Aaron previously co-founded a mobile gaming company (Absolute Games) that was acquired by PENN Enterta ...

I am a market enthusiast and part-time trader. I started writing for Seeking Alpha in 2011, and it has been a tremendous opportunity and learning experience. I have been interested in the markets since elementary school, and hope to pursue a career in the investment management industry. I have been active in the markets for several years, and am primarily focused on long/short equities. I hold a Bachelor of Science Degree from Lehigh University, where I double majored in Finance and Accounting, with a minor ...

Financial Data and Key Metrics Changes - In Q3 2024, AMC's net loss narrowed by 37% compared to Q2 2024, with total revenues increasing by 31% from Q2 2024 [14][35] - AMC's adjusted EBITDA was four times stronger in Q3 2024 than in Q2 2024, marking the second-best EBITDA performance for any third quarter in the company's history [16][35] - The company ended Q3 2024 with approximately $527 million in cash on hand, excluding restricted cash [25][48] Business Line Data and Key Metrics Changes - AMC achieved record admissions revenue per patron in Q3 2024, with food and beverage revenues per patron also reaching an all-time high [15][39] - Revenue per patron was $20.72, up 37.1% from pre-pandemic levels in 2019, while contribution margin per patron was $13.49, up 41% from 2019 [37] - Food and beverage revenue per patron hit $7.53, a 14.8% increase compared to Q3 2023 and a 56.3% increase compared to Q3 2019 [39] Market Data and Key Metrics Changes - The domestic industry box office reached a post-pandemic high of $2.7 billion in Q3 2024, up 37% from Q2 2024 [10] - AMC's consolidated attendance was approximately 12% below the same period last year, with European markets experiencing a 16% decline in attendance [32][33] - AMC welcomed 65 million moviegoers worldwide in Q3 2024, representing a sequential revenue increase of approximately 31% compared to Q2 2024 [35] Company Strategy and Development Direction - AMC plans to implement the G.O. Plan, a multi-year initiative to reinvest between $1 billion and $1.5 billion into theaters to enhance the moviegoing experience [55][104] - The G.O. Plan includes upgrading projection technology, renovating theaters, and expanding premium large format screens [60][72] - The company aims to maintain robust cash reserves while managing debt levels and liquidity to support future investments [57][89] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the box office recovery, anticipating a strong Q4 2024 and continued growth in 2025 and 2026 [20][21] - The company highlighted the importance of a diverse film slate, including both blockbuster and smaller films, to drive attendance [119] - Management acknowledged ongoing challenges but emphasized the success of recent initiatives and the potential for future growth [90] Other Important Information - AMC successfully extended $2.4 billion of long-term debt maturities from 2026 to 2029 and 2030, and paid down $345 million of debt year-to-date [24][42] - The company closed 11 underperforming locations and opened one new location, resulting in a net reduction of 126 locations since 2020 [50] Q&A Session Summary Question: Are there plans to enhance or change AMC's loyalty programs in the future? - Management confirmed that significant enhancements are coming to the AMC Stubs and A-List programs in 2025, following extensive market research [102] Question: Can you discuss the financing and timing of future investments? - Management indicated that the investment plan will be executed with fiscal discipline, with spending tied to rising EBITDA and shareholder input [104] Question: What is AMC's approach to sports programming opportunities? - Management expressed interest in exploring sports programming, including potential partnerships for broadcasting games, while acknowledging the challenges of securing rights [112][116]