Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate AMC Networks Inc before investing.

In this article, we go over a few key elements for understanding AMC Networks Inc’s stock price such as:

• AMC Networks Inc’s current stock price and volume
• Why AMC Networks Inc’s stock price changed recently
• Upgrades and downgrades for AMCX from analysts
• AMCX’s stock price momentum as measured by its relative strength

About AMC Networks Inc (AMCX)

Before we jump into AMC Networks Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

AMC Networks Inc. is a global entertainment company. The Company distributes its content to audiences globally on an array of distribution platforms, including linear networks, subscription streaming services and other ad-supported streaming platforms, as well as through licensing arrangements. Its segments are Domestic Operations and International and Other. Its Domestic Operations include programming services and AMC Broadcasting & Technology. Its programming services consist of its five national programming networks, global streaming services, AMC Studios operation and film distribution business. Its programming networks are AMC, WE tv, BBC AMERICA, IFC and SundanceTV. Its global streaming services consist of AMC+ and its targeted subscription streaming services (Acorn TV, Shudder, Sundance Now, ALLBLK and HIDIVE). International and Other segment includes AMC Networks International (AMCNI), international programming businesses consisting of a portfolio of channels around the world.

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AMC Networks Inc’s Stock Price as of Market Close

As of September 26, 2024, 4:00 PM, CST, AMC Networks Inc’s stock price was $7.98.

AMC Networks Inc is up 7.55% from its previous closing price of $7.42.

During the last market session, AMC Networks Inc’s stock traded between $7.14 and $7.82. Currently, there are 44.47 million shares of AMC Networks Inc stock available for purchase.

AMC Networks Inc’s price-earnings (P/E) ratio is currently at 5.6, which is low compared to the Broadcasting industry median of 13.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

AMC Networks Inc Stock Price History

AMC Networks Inc’s (AMCX) price is currently down 18.98% so far this month.

During the month of September, AMC Networks Inc’s stock price has reached a high of $10.29 and a low of $7.08.

Over the last year, AMC Networks Inc has hit prices as high as $20.97 and as low as $7.08. Year to date, AMC Networks Inc’s stock is down 49.07%.

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What Caused AMC Networks Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 25, 2024, there were 0 analysts who downgraded AMC Networks Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate AMC Networks Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on AMC Networks Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

AMC Networks Inc’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about AMC Networks Inc (AMCX) by visiting AAII Stock Evaluator.

Relative Price Strength of AMC Networks Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 25, 2024, AMC Networks Inc has a weighted four-quarter relative price strength of -12.03%, which translates to a Momentum Score of 27 and is considered to be Weak.

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AMC Networks Inc Stock Price: Bottom Line

As of September 26, 2024, AMC Networks Inc’s stock price is $7.98, which is up 7.55% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like AMC Networks Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.