BidaskClub upgraded shares of AMC NETWORKS INC Common Stock (NASDAQ:AMCX) from a sell rating to a hold rating in a report released on Thursday, May 31st.

Other research analysts have also recently issued reports about the company. Gabelli raised AMC NETWORKS INC Common Stock from a hold rating to a buy rating in a research note on Friday, May 11th. Zacks Investment Research upgraded shares of AMC NETWORKS INC Common Stock from a hold rating to a buy rating and set a $63.00 target price for the company in a report on Wednesday, May 16th. Morgan Stanley increased their target price on shares of AMC NETWORKS INC Common Stock from $55.00 to $57.00 and gave the stock an equal weight rating in a report on Wednesday, January 31st. Cowen reiterated a hold rating and set a $63.00 target price on shares of AMC NETWORKS INC Common Stock in a report on Monday, February 5th. Finally, ValuEngine lowered shares of AMC NETWORKS INC Common Stock from a buy rating to a hold rating in a report on Friday, February 2nd. Thirteen equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of $60.13.

Shares of AMC NETWORKS INC Common Stock stock traded up $4.06 during trading on Thursday, hitting $67.54. The stock had a trading volume of 1,796,500 shares, compared to its average volume of 729,521. The stock has a market cap of $3.56 billion, a P/E ratio of 9.16, a PEG ratio of 0.98 and a beta of 0.81. AMC NETWORKS INC Common Stock has a 12 month low of $46.89 and a 12 month high of $67.73. The company has a debt-to-equity ratio of 11.97, a quick ratio of 2.64 and a current ratio of 2.64.

AMC NETWORKS INC Common Stock (NASDAQ:AMCX) last released its earnings results on Thursday, May 10th. The company reported $2.65 EPS for the quarter, beating the Zacks’ consensus estimate of $2.18 by $0.47. AMC NETWORKS INC Common Stock had a return on equity of 355.26% and a net margin of 17.41%. The business had revenue of $741.00 million for the quarter, compared to analysts’ expectations of $720.56 million. During the same quarter in the prior year, the firm earned $2.10 earnings per share. The firm’s revenue was up 2.9% on a year-over-year basis. sell-side analysts predict that AMC NETWORKS INC Common Stock will post 8.19 earnings per share for the current year.

In related news, EVP James Gallagher sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 17th. The shares were sold at an average price of $57.51, for a total transaction of $230,040.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 20.97% of the stock is owned by company insiders.

A number of large investors have recently bought and sold shares of the business. LSV Asset Management grew its position in AMC NETWORKS INC Common Stock by 18.5% in the 1st quarter. LSV Asset Management now owns 1,899,380 shares of the company’s stock worth $98,197,000 after purchasing an additional 297,197 shares during the period. Investec Asset Management LTD boosted its stake in shares of AMC NETWORKS INC Common Stock by 0.3% during the 4th quarter. Investec Asset Management LTD now owns 1,804,415 shares of the company’s stock worth $97,583,000 after acquiring an additional 5,043 shares during the last quarter. Schroder Investment Management Group boosted its stake in shares of AMC NETWORKS INC Common Stock by 322.6% during the 4th quarter. Schroder Investment Management Group now owns 1,214,590 shares of the company’s stock worth $65,685,000 after acquiring an additional 927,200 shares during the last quarter. TIAA CREF Investment Management LLC boosted its stake in shares of AMC NETWORKS INC Common Stock by 20.6% during the 4th quarter. TIAA CREF Investment Management LLC now owns 1,032,230 shares of the company’s stock worth $55,823,000 after acquiring an additional 176,089 shares during the last quarter. Finally, Boston Partners boosted its stake in shares of AMC NETWORKS INC Common Stock by 110.6% during the 4th quarter. Boston Partners now owns 819,011 shares of the company’s stock worth $44,292,000 after acquiring an additional 430,169 shares during the last quarter. 87.61% of the stock is owned by institutional investors and hedge funds.

AMC NETWORKS INC Common Stock Company Profile

AMC Networks Inc owns and operates various cable television's brands delivering content to audiences, and a platform to distributors and advertisers in the United States and internationally. The company operates in two segments, National Networks; and International and Other. The National Networks segment operates five distributed entertainment programming networks under the AMC, WE tv, BBC AMERICA, IFC, and SundanceTV names in high definition and standard definition formats.

Analyst Recommendations for AMC NETWORKS INC Common Stock (NASDAQ:AMCX)

Receive News & Ratings for AMC NETWORKS INC Common Stock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMC NETWORKS INC Common Stock and related companies with MarketBeat.com's FREE daily email newsletter.