AMC Entertainment Holdings (NYSE: AMC), with about 1,000 movie theaters worldwide (63% in the U.S.), is the industry's largest company. Naturally, the coronavirus, which has forced the company to shut down theaters, has affected AMC. Investors won't know the full extent until later this month, since the company pushed back its first-quarter earnings release, which is typically in early May.
Unfortunately, AMC was confronting other issues before the pandemic struck, which the stock's poor return reflects. In fact, shareholders have suffered for quite some time. From the start of 2015 through the end of 2019, the share's total return badly lagged the S&P 500 Index. During that five-year time frame, the broad index returned about 74% while AMC lost about 63%.
Looking ahead, is this a value stock that is a compelling buying opportunity?
Source Fool.com