-
Is AMC Stock Overvalued? Blame Retail Investors, Analyst Says
Wednesday, August 24, 2022 - 11:58am | 518Wedbush analyst Alicia Reese maintains AMC Entertainment Holdings Inc. (NYSE: AMC) with an Underperform rating and lowered the movie theater chain's price target from $4 to $2. Shares of the Leawood, Kansas-based company are significantly overvalued, “as long as the retail shareholders...
-
This Wedbush Analyst Talks AMC, Netflix And Other Stock Ideas In Hard-Hit Entertainment Sector
Wednesday, June 22, 2022 - 2:26pm | 494We're over two years into the coronavirus pandemic, and consumer behavior is still adjusting and the ramifications are still playing out in the financial markets. Most of the media and entertainment industry did not participate in the raging bull market in 2021 and is still struggling to...
-
Why This AMC Entertainment Analyst Is Turning Bearish Ahead Of Q3 Earnings
Thursday, November 4, 2021 - 9:23am | 520AMC Entertainment Holdings, Inc. (NYSE: AMC) theater admissions are slowly and steadily returning to pre-pandemic levels. One Street analyst isn't swayed by the improvement and turned bearish on the stock Thursday. The AMC Analyst: Alicia Reese downgraded AMC shares from Neutral to...
-
Why This AMC Entertainment Analyst Says Share Price 'Out Of Touch' With Fundamentals
Friday, June 4, 2021 - 10:40am | 427After stratospheric gains this week, AMC Entertainment Holdings, Inc. (NYSE: AMC) shares are finally returning to earth thanks to the stock offerings announced by the company and its quest to increase its authorized share count by 25 million. The AMC Analyst: Analyst Alicia Reese...
-
Roku Analysts On Streaming Growth, Early Q1 Data: 'Path To Profitability Is Unclear'
Tuesday, April 14, 2020 - 12:02pm | 659Roku Inc (NASDAQ: ROKU) estimates that it gained 3 million new accounts in the first quarter and saw streaming hours increase 49% year-over-year — partly thanks to global shelter-at-home orders. “The strength in streaming hours was partially offset by the addition of ‘Are you...
-
Turtle Beach Is Targeting Market Share Expansion, Says Bullish Wedbush
Friday, August 24, 2018 - 2:47pm | 502Turtle Beach Corp (NASDAQ: HEAR) shares were lower Thursday after investors concluded that a slowdown in "Fortnite" revenue growth doesn't bode well for the maker of gaming headsets. On Friday, Wedbush expressed confidence in Turtle Beach's growth prospects after meeting with the...
-
Turtle Beach's Q2 Beat, Market Strength Drive Sell-Side's Bullishness
Tuesday, August 7, 2018 - 12:33pm | 598The popularity of online gaming is driving up demand for headsets and benefitting Turtle Beach Corporation (NASDAQ: HEAR); three sell-side analysts doubled down on their bullish stances after the company's second-quarter print. The Analysts Wedbush analyst Alicia Reese reiterated an Outperform...
-
Turtle Beach Earnings Preview: Setting Up For A Short Squeeze?
Monday, August 6, 2018 - 12:00pm | 493One of the hottest stocks in the market in 2018 is set to report second-quarter earnings after Monday's market close, and there are a lot of dynamics in play. Analysts are expecting huge growth numbers from audio equipment company Turtle Beach Corp (NASDAQ: HEAR), and the large number of short...
-
A Bull-Bear Look At Turtle Beach
Monday, May 21, 2018 - 3:49pm | 513Turtle Beach Corp (NASDAQ: HEAR) stock has been on an incredible run in recent weeks, as the explosive popularity of battle royale games has created a huge demand for the company’s headsets and other hardware. With the stock up 278 percent in the past month, Turtle Beach has earned its fair...
-
Wedbush Raises Turtle Beach Price Target After Blowout Q1, Sees Multiplayer, Mobile Tailwinds For Years To Come
Thursday, May 10, 2018 - 12:35pm | 430The success of “Fortnite” and other battle royale-style games has been a major tailwind for gaming headset leader Turtle Beach Corp (NASDAQ: HEAR), driving a huge first-quarter earnings beat that sent shares skyrocketing more than 80 percent Thursday. At least one Wall Street analyst...
-
Wedbush On Theater Stocks: Favors AMC, Regal Over Carmike, Cinemark
Wednesday, September 21, 2016 - 9:18am | 384Wedbush has reviewed theater stocks and picked AMC Entertainment Holdings Inc (NYSE: AMC) and Regal Entertainment Group (NYSE: RGC) to outperform the market. The brokerage prefers to be Neutral on Carmike Cinemas, Inc. (NASDAQ: CKEC) and Cinemark Holdings, Inc. (NYSE: CNK). Analysts Michael Pachter...
-
What's Coming For Netflix This Earnings Season?
Saturday, October 10, 2015 - 11:46am | 492Netflix, Inc. (NASDAQ: NFLX) is scheduled to announce its third-quarter financial results next Wednesday, after the market closes. In a recent report, Wedbush reiterated an Underperform rating and $40.00 price target on the stock, alleging that the company is “likely to exceed subs...
-
E3 2015 Preview: Investors, Watch The Console Battle
Monday, June 8, 2015 - 4:07pm | 414The Wedbush Entertainment Software team has been extremely active this Monday morning as they followed their NPD U.S. sales data note up with an E3 Preview. In the note, Michael Pachter along with his team of Nick McKay and Alicia Reese highlighted four notable points they are watching at the...
-
Netflix's Subscriber Growth Is Strong, But At What Cost?
Wednesday, April 8, 2015 - 8:58am | 207Wedbush issued a report on Netflix, Inc. (NASDAQ: NFLX) ahead of the company's Q1 earnings call on April 15. Wedbush rates Netflix as Underperform and set a one-year price target of $245. Analysts Michael Pachter, Nick McKay and Alicia Reese wrote, "We expect Q1 upside from season 3 of House of...
-
Wedbush: Here's What To Watch At GameStop Before Earnings
Tuesday, March 24, 2015 - 10:32am | 275GameStop Corp. (NYSE: GME) is scheduled to report its fourth-quarter 2014 earnings on Thursday, March 26, after market close. In a report issued Monday, Wedbush analysts Michael Pachter, Nick McKay and Alicia Reese provide a preview of the results, which they expect "towards the high end...