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

Tickers in this article: AMCX

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 0.3%. By the end of trading, AMC Networks fell $0.79 (-1.2%) to $65.90 on light volume. Throughout the day, 194,488 shares of AMC Networks exchanged hands as compared to its average daily volume of 648,200 shares. The stock ranged in price between $65.55-$67.04 after having opened the day at $66.59 as compared to the previous trading day's close of $66.69. Other companies within the Media industry that declined today were: Inuvo ( INUV), down 9.4%, Bona Film Group ( BONA), down 4.8%, Pandora Media ( P), down 4.2% and Entravision Communications Corporation ( EVC), down 4.2%.

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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 $4.1 billion and is part of the services sector. The company has a P/E ratio of 31.3, above the S&P 500 P/E ratio of 17.7. Shares are up 35.5% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate AMC Networks a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates AMC Networks as a sell. The area that we feel has been the company's primary weakness has been its unimpressive growth in net income.

On the positive front, Liberty Media Corporation ( LMCAD), down 14.3%, Ku6 Media ( KUTV), down 12.0%, Media General ( MEG), down 4.8% and Gray Television ( GTN.A), down 4.2% , were all gainers within the media industry with Liberty Media Corporation ( LMCA) 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).