AMC Networks Inc (AMCX): Today's Featured Media Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

AMC Networks ( AMCX) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day up 0.2%. By the end of trading, AMC Networks fell $0.64 (-1.0%) to $63.01 on light volume. Throughout the day, 385,213 shares of AMC Networks exchanged hands as compared to its average daily volume of 576,500 shares. The stock ranged in price between $62.70-$63.89 after having opened the day at $63.79 as compared to the previous trading day's close of $63.65. Other companies within the Media industry that declined today were: NTN Buzztime ( NTN), down 9.9%, VisionChina Media ( VISN), down 7.0%, McClatchy Company ( MNI), down 5.7% and Educational Development Corporation ( EDUC), down 3.9%.
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AMC Networks Inc. owns and operates cable television's brands delivering content to audiences, and a platform to distributors and advertisers in the United States and internationally. The company operates in two segments, National Networks, and International and Other. AMC Networks has a market cap of $3.8 billion and is part of the services sector. The company has a P/E ratio of 33.6, above the S&P 500 P/E ratio of 17.7. Shares are up 28.1% year to date as of the close of trading on Monday.

TheStreet Ratings rates AMC Networks as a sell. Among the areas we feel are negative, one of the most important has been unimpressive growth in net income over time.

On the positive front, Tiger Media ( IDI), down 8.4%, Entravision Communications Corporation ( EVC), down 7.8%, Sirius XM Radio ( SIRI), down 5.9% and Bona Film Group ( BONA), down 4.9% , were all gainers within the media industry with McGraw-Hill Companies ( MHP) being today's featured media industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).

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