AMC's Stock Struggles: What's Really Happening?
AMC Entertainment's stock is taking a hit, sitting near its lowest point in a year. This isn't just a one-day blip; the company is facing some serious challenges.
Bondholders in Secret Talks
Bondholders are talking secretly with AMC. They're looking at bonds that are set to mature in 2029. These bonds have a 15% interest rate. This isn't the first time AMC has had to juggle its debt. In 2024, they pushed back payment deadlines. They've also swapped debt and bought back shares to raise money.
Challenges in the Movie Theater Business
The movie theater business is tough right now. People are changing how they watch movies, and streaming services are big competition. This is making it hard for AMC to grow.
Stock Performance
Looking at the numbers, AMC's stock is down 8.8% from its 20-day average and 24.4% from its 50-day average. Over the past year, the stock has dropped 55.51%. It's closer to its lowest point than its highest, showing it's not doing well.
Technical Indicators
The technical indicators are mixed. The RSI is at 36.42, which is neutral. The MACD is above its signal line, which is a good sign. But overall, the stock isn't making much progress.
Earnings Report
Investors are waiting for the next earnings report, which is due on February 24, 2026. Analysts expect a loss of 11 cents per share, which is better than the 18 cents lost last year. Revenue is expected to be $1.32 billion, up slightly from last year.
Analysts' Opinions
Analysts are not very optimistic. The stock has a "Hold" rating with an average price target of $5.04. Some analysts have lowered their targets. Macquarie lowered theirs to $2.00, and Citigroup lowered theirs to $1.30.
Current Stock Price
As of Tuesday, AMC's stock was down 2.68% at $1.45.