AMC Networks Inc. (AMCX) Reaches $63.85 After 9.00% Up Move; Cable One (CABO) Shorts Raised By 1.71%

June 13, 2018 - By Ellis Scott

AMC Networks Inc. (NASDAQ:AMCX) Logo

Cable One Inc (NYSE:CABO) had an increase of 1.71% in short interest. CABO’s SI was 273,700 shares in June as released by FINRA. Its up 1.71% from 269,100 shares previously. With 39,500 avg volume, 7 days are for Cable One Inc (NYSE:CABO)’s short sellers to cover CABO’s short positions. The SI to Cable One Inc’s float is 5.64%. The stock increased 0.19% or $1.28 during the last trading session, reaching $692.03. About 11,758 shares traded. Cable One, Inc. (NYSE:CABO) has declined 6.28% since June 13, 2017 and is downtrending. It has underperformed by 18.85% the S&P500. Some Historical CABO News: ; 13/03/2018 – Peter Witty Joins Cable ONE as Senior Vice President, General Counsel and Secretary; 09/05/2018 – Cable One 1Q EPS $7.08; 13/03/2018 – PETER WITTY JOINS CABLE ONE AS SVP, GENERAL COUNSEL & SECRETARY; 09/05/2018 – Cable One 1Q Net $40.7M; 23/04/2018 – CABLE ONE COMPLETES TERM LOAN B REPRICING; 09/05/2018 – Cable One 1Q Rev $265.8M; 11/04/2018 – Cable One Closes Above 50-Day Moving Average: Technicals; 09/05/2018 – Cable One Short-Interest Ratio Rises 50% to 11 Days; 13/03/2018 – Cable One Closes Below 200-Day Moving Average: Technicals; 23/04/2018 – Cable ONE Completes Term Loan B Repricing; Reduces Borrowing Costs

The stock of AMC Networks Inc. (NASDAQ:AMCX) is a huge mover today! The stock increased 3.58% or $2.205 during the last trading session, reaching $63.845. About 833,069 shares traded or 20.46% up from the average. AMC Networks Inc. (NASDAQ:AMCX) has risen 12.09% since June 13, 2017 and is uptrending. It has underperformed by 0.48% the S&P500. Some Historical AMCX News: ; 29/05/2018 – AMC Networks Presenting at Conference Jun 5; 10/05/2018 – AMC Networks 1Q Net $156.9M; 10/05/2018 – AMC NETWORKS INC AMCX.O : RBC RAISES TARGET PRICE TO $65 FROM $57; 30/05/2018 – AMC Networks Presenting at Bank of America Conference Jun 5; 14/03/2018 AMC NETWORKS INC AMCX.O : RBC INITIATES WITH SECTOR PERFORM, $57 TARGET PRICE; 15/05/2018 – AMC Networks Presenting at JPMorgan Conference Tomorrow; 10/05/2018 – AMC NETWORKS SEES IMPROVEMENT IN 2Q ADVERTISING REVENUE; 14/05/2018 – AMC Networks to Participate in J.P. Morgan Global Technology, Media and Communications Conference; 10/05/2018 – AMC Networks 1Q Rev $740.8M; 19/04/2018 – DJ AMC Networks Inc Class A, Inst Holders, 1Q 2018 (AMCX)The move comes after 9 months positive chart setup for the $3.67 billion company. It was reported on Jun, 13 by Barchart.com. We have $69.59 PT which if reached, will make NASDAQ:AMCX worth $330.21M more.

Cable One, Inc. owns and operates cable systems that provide data, video, and voice services to residential and commercial clients in the United States. The company has market cap of $3.96 billion. The firm offers video services comprising basic video services that consist of local networks, local community programming, and other channels; and digital video services covering national and regional cable networks, premium channels, music channels, and an interactive electronic programming guide with parental controls. It has a 16.4 P/E ratio. It also provides data services, as well as operates home.cableone.net, an Internet portal, which provides multiple e-mail addresses.

Among 7 analysts covering Cable One Inc (NYSE:CABO), 2 have Buy rating, 3 Sell and 2 Hold. Therefore 29% are positive. Cable One Inc had 8 analyst reports since July 27, 2015 according to SRatingsIntel. Moffett Nathanson downgraded the stock to “Sell” rating in Wednesday, January 4 report. The company was initiated on Monday, July 27 by Wells Fargo. Raymond James maintained Cable One, Inc. (NYSE:CABO) rating on Wednesday, August 9. Raymond James has “Outperform” rating and $815 target. J.P. Morgan downgraded it to “Sell” rating and $685.0 target in Monday, November 13 report. The stock has “Underweight” rating by JP Morgan on Monday, November 13.

Another recent and important Cable One, Inc. (NYSE:CABO) news was published by Benzinga.com which published an article titled: “No Cord Cutting: KeyBanc Prefers Cable Over Wireless In Broadband Picks” on May 17, 2018.

Investors sentiment decreased to 0.76 in Q1 2018. Its down 0.07, from 0.83 in 2017Q4. It fall, as 32 investors sold AMC Networks Inc. shares while 111 reduced holdings. 36 funds opened positions while 73 raised stakes. 49.56 million shares or 7.37% less from 53.51 million shares in 2017Q4 were reported. Cornerstone Advsr invested 0% in AMC Networks Inc. (NASDAQ:AMCX). Martingale Asset Mgmt L P has 0.02% invested in AMC Networks Inc. (NASDAQ:AMCX) for 26,308 shares. State Teachers Retirement System stated it has 0.01% in AMC Networks Inc. (NASDAQ:AMCX). Clark Cap Management Group invested in 0.02% or 12,499 shares. Regions Fincl Corp reported 155 shares. Utah Retirement Systems holds 0.01% or 9,116 shares in its portfolio. Geode Capital Management Ltd Co holds 0.01% in AMC Networks Inc. (NASDAQ:AMCX) or 455,521 shares. D E Shaw holds 7,205 shares or 0% of its portfolio. Royal National Bank & Trust Of Canada stated it has 0% in AMC Networks Inc. (NASDAQ:AMCX). Amundi Pioneer Asset Management Inc has 15,717 shares for 0% of their portfolio. Captrust Fin Advsrs stated it has 14 shares or 0% of all its holdings. State Treasurer State Of Michigan reported 0.01% in AMC Networks Inc. (NASDAQ:AMCX). Capital One Natl Association reported 0.02% of its portfolio in AMC Networks Inc. (NASDAQ:AMCX). Rnc Cap Mngmt Lc holds 0.02% of its portfolio in AMC Networks Inc. (NASDAQ:AMCX) for 4,095 shares. Alliancebernstein Limited Partnership owns 35,545 shares for 0% of their portfolio.

Among 25 analysts covering AMC Networks (NASDAQ:AMCX), 7 have Buy rating, 2 Sell and 16 Hold. Therefore 28% are positive. AMC Networks had 66 analyst reports since August 3, 2015 according to SRatingsIntel. Evercore upgraded AMC Networks Inc. (NASDAQ:AMCX) on Thursday, September 24 to “Buy” rating. The firm has “Market Perform” rating by Cowen & Co given on Tuesday, October 20. The stock of AMC Networks Inc. (NASDAQ:AMCX) earned “In-Line” rating by Evercore on Friday, May 11. The firm has “Hold” rating given on Monday, October 16 by KeyBanc Capital Markets. The stock has “Overweight” rating by Albert Fried on Friday, August 7. The company was maintained on Monday, February 5 by Cowen & Co. The stock of AMC Networks Inc. (NASDAQ:AMCX) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, January 31. Stifel Nicolaus maintained it with “Buy” rating and $70 target in Wednesday, July 20 report. Piper Jaffray maintained AMC Networks Inc. (NASDAQ:AMCX) rating on Tuesday, October 31. Piper Jaffray has “Hold” rating and $60.0 target. The stock has “Overweight” rating by Pacific Crest on Sunday, August 9.

AMC Networks Inc. owns and operates various cable televisionÂ’s brands delivering content to audiences, and a platform to distributors and advertisers in the United States and internationally. The company has market cap of $3.67 billion. The firm operates in two divisions, National Networks; and International and Other. It has a 8.89 P/E ratio. 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.

Since May 17, 2018, it had 0 insider purchases, and 1 insider sale for $230,040 activity. $230,040 worth of AMC Networks Inc. (NASDAQ:AMCX) shares were sold by Gallagher James.

More news for AMC Networks Inc. (NASDAQ:AMCX) were recently published by: Seekingalpha.com, which released: “AMC Networks adds $500M to its existing repurchase authorization” on June 13, 2018. Streetinsider.com‘s article titled: “Form 8-K AMC Networks Inc. For: Jun 13” and published on June 13, 2018 is yet another important article.

Analysts await AMC Networks Inc. (NASDAQ:AMCX) to report earnings on August, 2. They expect $1.96 earnings per share, up 4.26% or $0.08 from last year’s $1.88 per share. AMCX’s profit will be $112.64 million for 8.14 P/E if the $1.96 EPS becomes a reality. After $2.65 actual earnings per share reported by AMC Networks Inc. for the previous quarter, Wall Street now forecasts -26.04% negative EPS growth.

AMC Networks Inc. (NASDAQ:AMCX) Ratings Chart

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