Amc Networks Stock Fair Value – AMC Networks Reports Record Earnings and Revenue Growth
May 10, 2023
Trending News ☀️
The company reported Non-GAAP earnings per share (EPS) of $2.62, which surpasses the expected figure by $0.79. Meanwhile, revenue of $717.45M beat the projected amount by $16.68M. AMC ($NASDAQ:AMCX) Networks is a global entertainment company that offers critically-acclaimed programming and a diverse portfolio of entertainment brands, including AMC, BBC AMERICA, IFC, SundanceTV, WE tv, IFC Films, and Sundance Now.
The company also owns and operates streaming services including AMC+, Acorn TV, Shudder, Sundance Now, and UMC. AMC Networks’ programming has been honored with multiple Emmy Awards and Golden Globe nominations, among other accolades. The company’s stock is traded on the NASDAQ under the symbol AMCX.
Earnings
The company earned a total revenue of 964.52M USD and a net income loss of 264.69M USD. Compared to the previous year, there was a 20.0% increase in total revenue. In fact, the total revenue has been growing steadily over the past three years with an increase from 780.28M USD to the current 964.52M USD. This suggests that the company is moving in a positive direction and is likely to remain successful in the future.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Amc Networks. More…
| Total Revenues | Net Income | Net Margin |
| 3.1k | 7.59 | 9.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Amc Networks. More…
| Operations | Investing | Financing |
| 181.83 | -39.38 | -97.11 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Amc Networks. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.63k | 4.53k | 18.76 |
Key Ratios Snapshot
Some of the financial key ratios for Amc Networks are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.4% | -9.3% | 3.4% |
| FCF Margin | ROE | ROA |
| 4.4% | 7.2% | 1.2% |
Stock Price
On Tuesday, AMC Networks reported record earnings and revenue growth, as their stock opened at $17.4 and closed at $16.1, a 5.4% rise from its previous closing price of 15.3. This marks the highest ever closing price for the company. The impressive figures were mainly attributed to strong growth in ad revenue, subscription revenue and digital revenues. The company has benefited from increased viewership for its original programming, including The Walking Dead and Better Call Saul.
Additionally, AMC Networks has seen a surge in direct-to-consumer revenue, with the launch of its streaming service, AMC Plus. This has allowed the company to better monetize its content and capture a larger portion of the streaming market. Overall, AMC Networks has seen tremendous success this quarter and is poised to continue its growth in the upcoming quarters. Live Quote…
Analysis – Amc Networks Stock Fair Value
At GoodWhale, we have been analyzing the financials of AMC NETWORKS. After applying our proprietary Valuation Line, we have come to the conclusion that the intrinsic value of a single AMC NETWORKS share is approximately $35.0. This means that currently, the stock is trading at $16.1, which is undervalued by 54.0%. This provides an opportunity to buy AMC NETWORKS shares at a significant discount. More…
Peers
AMC Networks Inc is an American entertainment company that owns and operates several cable television channels. The company’s main competitors are Paramount Global, BuzzFeed Inc, and Tv Azteca SAB de CV.
– Paramount Global ($NASDAQ:PARA)
Paramount Global has a market cap of 10.21B as of 2022, a Return on Equity of 12.85%. The company is a diversified holding company with interests in a variety of businesses, including health care, education, and entertainment. Paramount Global is committed to creating shareholder value through the active management of its portfolio companies.
– BuzzFeed Inc ($NASDAQ:BZFD)
BuzzFeed, Inc. is an American internet media and news company based in New York City. The firm is a digital media and technology company with a focus on social media. BuzzFeed was founded in 2006 by Jonah Peretti and John S. Johnson III. The company has raised $496.3 million in venture funding to date.
– Tv Azteca SAB de CV ($OTCPK:AZTEF)
Tv Azteca SAB de CV is a Mexican multimedia company with operations in both the television and radio industries. The company’s market cap as of 2022 is 223.95M, and its Return on Equity is 91.59%. Tv Azteca is one of the largest producers of Spanish-language television programming in the world, and also owns and operates several radio stations in Mexico.
Summary
AMC Networks is an American media company that provides entertainment services around the world. Recently, the company reported their quarterly earnings with a Non-GAAP EPS of $2.62, which beat expectations by $0.79. This was supported by revenues of $717.45M which also beat the estimated $16.68M.
This positive news pushed the stock price up for the day. Investors should keep an eye on AMC Networks for future earnings releases and stock performance, as the company has been delivering solid results over the past few quarters.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
