The leading market experts have placed a mean price target of $70.56 on AMC Networks Inc. (NASDAQ:AMCX) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.37 a share for the upcoming quarter and $5.60 for the current fiscal.
The technical analysis of AMC Networks Inc. plainly substantiates that the 50-day moving average of AMC Networks Inc. is $56.63, and stock is trading $0.15 points away or +0.27% from its 50-day moving average of $56.63. Further it is trading $-5.84 or -9.33% away its 200-day moving average of $62.62. AMC Networks Inc. (NASDAQ:AMCX) 52-week high is $83.78 and the 52-week low is $52.41.
This explains if the stock moves $-27.00, it will post a 52-week high. In event of +8.34% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of AMC Networks Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, AMC Networks Inc. (NASDAQ:AMCX) ratio came in at 11.82.
The stock last ended the trading session at $56.78 and registered a market cap of $4.05B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. AMC Networks Inc. (NASDAQ:AMCX) PEG ratio is at 1.50.
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