Movie-theater chain and original meme stock AMC expects a box-office boost from a slate of major releases in 2025. AMC Entertainment’s stock was trading at $6.12 at the start of the year. Since then, AMC stock has decreased by 20.6% and is now trading at $4.86. AMC Entertainment scored higher than 50% of companies evaluated by MarketBeat, and ranked 196th out of 286 stocks in the consumer discretionary sector.
- An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.
- The company’s own updated guidance also gives reason to think that earnings growth should continue to meet estimates at the bare minimum.
- The 1-10 reverse split was announced on Monday, August 14th 2023.
- Both companies have healthy balance sheets with plenty of cash on hand, but Chipotle has had healthier cash flow over the last few years.
- The company has more than $4 billion in long-term debt on the books and interest…
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In the third quarter, How to buy ethereum Cava handily outpaced Chipotle in a few key areas. The Mediterranean restaurant chain reported revenue growth of 39% year over year, compared to Chipotle’s 13%. Cava also won with same-restaurant sales growth (comps) of 18.1% compared to Chipotle’s comps of 6%. To be clear, I don’t think Chipotle is a bad stock at all; I just see Cava exhibiting much more momentum. Since 2023, investors are clearly happy with the restaurant chain’s shift to profitability, coupled with its revenue growth.
AMC reported top and bottom-line beats for Q3, as it usually does. The company burned through more than $92 million in cash in Q3. Despite numerous debt deals, the balance sheet is still in terrible s…
Company Insights: AMC
Analyst estimates are calling for full-year EPS of $1.07, which would give the Mexican chain a forward P/E of 54 times earnings. It’s pretty clear that Chipotle wins the valuation battle based on current near-term expectations. It is worth noting that Cava’s comps growth benefited from a 12.9% increase in guest traffic, and an increase in menu pricing. Cava reported growth in diluted earnings per share (EPS) of 150%, to $0.15; Chipotle had earnings growth of 21.7% per diluted share to $0.28.
AMC Shares Slide. Why the Movie Theater Chain Has Lost Its Meme-Stock Magic.
The addition of snacks and drinks to the offering was a major boost to revenue. As of mid-2022, F&B is the second largest source of income for the company after box-office sales and accounts for roughly 28% of the revenue. The company made headlines again in 2011 with the launch of its STUBS rewards program, a premier program that offers discounts and other deals to its members. My one and only caution is that it might be best to see if Cava shares can pull atfx broker review back a bit before buying in. Again, they are conservatively trading at 284 times forward full-year earnings.
These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies. In addition to entertainment, AMC Entertainment has a number of options for businesses and organizations that include big-screen supported meetings and events. Macy’s (M) traded down after an employee hid up to $154 million in expenses.
AMC Entertainment Holdings, Inc., is the world’s largest movie theater chain with over 11,000 screens. The company was founded in 1920 by the Dubinsky Family and is headquartered in Leawood, Kansas. The company has been in business for over 90 years but went public in 2013 after getting bought out by an investment group seeking to boost the company’s global presence. That investment group, Beijing-based Wanda Group, is still the company’s largest shareholder. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
Wicked and Gladiator 2 pulled in strong box office numbers over their opening weekend, helping theater stocks like AMC Ente… Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. AMC noted that its merchandise program for “Wicked” was well received with collectibles selling out about halfway through the weekend. The company also announced that select AMC locations asset pricing and portfolio choice theory will offer “Wicked Singalong” showtimes starting in late December. 1962 is marks a major milestone for the company because it is taken over by Stanley Durwood who embarks on a mission of rapid expansion.