The following are today’s upgrades for Validea’s Earnings Yield Investor model based on the published strategy of Joel Greenblatt. This value model looks for companies with high return on capital and earnings yields.
AMC NETWORKS INC (AMCX) is a small-cap growth stock in the Motion Pictures industry. The rating according to our strategy based on Joel Greenblatt changed from 80% to 90% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: AMC Networks Inc. is a global entertainment company. The Company distributes its content to audiences globally on a range of distribution platforms, including linear networks and subscription streaming services, as well as through licensing arrangements. Its segments include Domestic Operations and International and Other. Its Domestic Operations segment includes its programming services and AMC Broadcasting & Technology. Its programming services consist of its five national programming networks, its global streaming services, its AMC Studios operations, and IFC Films. Its national programming networks are AMC, WE tv, BBC AMERICA, IFC, and SundanceTV. Its global streaming services consist of Acorn TV, Shudder, Sundance Now, ALLBLK, HIDIVE, AMC+ and other streaming initiatives. Its International and Other segment includes AMC Networks International, its international programming businesses consisting of a portfolio of channels around the world, and production services business.
The following table summarizes whether the stock meets each of this strategy’s tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy’s criteria.
| EARNINGS YIELD: | NEUTRAL |
| RETURN ON TANGIBLE CAPITAL: | NEUTRAL |
| FINAL RANKING: | PASS |
Detailed Analysis of AMC NETWORKS INC
AMCX Guru Analysis
AMCX Fundamental Analysis
Joel Greenblatt Portfolio
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About Joel Greenblatt: In his 2005 bestseller The Little Book That Beats The Market, hedge fund manager Joel Greenblatt laid out a stunningly simple way to beat the market using two — and only two — fundamental variables. The “Magic Formula,” as he called it, produced back-tested returns of 30.8 percent per year from 1988 through 2004, more than doubling the S&P 500’s 12.4 percent return during that time. Greenblatt also produced exceptional returns as managing partner at Gotham Capital, a New York City-based hedge fund he founded. The firm averaged a remarkable 40 percent annualized return over more than two decades.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
