China Tracker - Details for AirMedia Group (AMCN)

 AirMedia Group
Shares Outstanding (MRQ): 68.71 mill
New Shares / Dilution (TTM): 3.16 mill4.81%
Cash (MRQ): 106.51 mill61.76%
Account Receivables (MRQ): 62.46 mill36.21%
Account Receivables (Q/Q): + 2.07 mill3.42% 
Long-Term Debt (MRQ): 4.76 mill2.76%
Revenue Growth (Q/Q): -24.96% 
Revenue Growth (Y/Y): -35.57%
Net Income Growth (Q/Q): 88.16% 
Net Income Growth (Y/Y): N/A (BACK TO PROFITABILITY)
EPS Growth (Y/Y): N/A (BACK TO PROFITABILITY)
Net Margin (Q/Q): 16.3% (6.5%)9.80% 
Net Margin (Y/Y): 16.3% (-24.8%)41.10% 
EPS | P/E (2 MRQ Projection): $0.327.81
CFPS | P/CF (2 MRQ Projection): $0.1516.23
Price/Sales (2 MRQ Projection): 0.84
Price/Book (MRQ): 0.63
Auditor: Deloitte Touche
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2011-05-09): $0.2510.04
 Basic Facts and History (show more)
Reporting Type: Foreign Company (20-F Filings) 
Going Public: IPO on 2007-11-07 
IPO Price: $15.00 (-83.27% since IPO)

 Business Outlook

AirMedia currently expects that its total revenues for the second quarter of 2011 will range from US$60.0 million to US$62.0 million, which include revenues of US$2.0 million from gate bridges at Terminal 3 of Beijing Capital International Airport, representing a year-over-year increase of 6.5% to 10.1% from the same period in 2010. AirMedia currently expects that concession fees will be approximately US$41.3 million in the second quarter of 2011. The quarter-over-quarter increase from the first quarter of 2011 will be primarily due to the full-quarter operations of the newly signed billboards and painted advertisement on gate bridges at Terminal 3 of Beijing Capital International Airport.

(Source: PR Newswire, 2011-05-09)

AirMedia's board of directors has authorized, but not obligated, AirMedia to repurchase up to US$20 million worth of its own outstanding American Depositary Shares within two years from March 21, 2011. The repurchases will be made on the open market at prevailing market prices pursuant to a Rule 10b5-1 plan, in negotiated transactions off the market, in block trades or otherwise from time to time.

(Source: PR Newswire, 2011-03-24)

AirMedia currently expects that its total revenues for the first quarter of 2011 will range from US$58.0 million to US$60.0 million, which do not include the potential revenues from the newly signed billboards and painted advertisement on gate bridges at Terminal 3 of Beijing Capital International Airport, representing a year-over-year increase of 18.9% to 23.0% from the same period in 2010.

(Source: PR Newswire, 2011-03-07)

    see all Business Outlook notes

 Analyst Coverage (show more)
2011-08-19J.P. MorganReiterationNeutral$4.30
2011-06-06Piper JaffrayUpgradeOverweight$8.00
2011-03-28Piper JaffrayReiterationNeutral$7.00
2011-03-21Global HunterDowngradeTerminatedn/a
2011-03-09Global HunterReiterationAccumulate$8.00

AMCN is currently followed by 9 analysts. 5 give the stock a positive rating, 4 rate it neutral and 0 give it a negative rating. The average price target is 7.76, which implies 209.04% upside from current price.


    see all Analyst Ratings
AMCN
Media & Advertising
SCORE
6
READ: Score Cards Explained
SAFETY/RISK SCORE
HIGH SAFETY
DETAILS: Safety/Risk Model for AMCN
Current Price:  $2.51
F10k Day (2007-11-07): -88.00%$20.90
2009 Close: -66.58%$7.51
2010 Close: -63.58%$6.89
2011 Close: -30.86%$3.63
High (2012-03-22): -29.30%$3.55
Low (2012-09-05): 88.72%$1.33
Exchange: NMS
Market Capitalization: 172.46 mill
Total Shares: 68.71 mill
Float: n/a
Avg Volume: 229.20 k
Short Interest: 887.80 k
Short Ratio: 2.89%3.9 d
Last Quarter: 2010-12-31
Revenue (MRQ): 44.26 mill
Net Income (MRQ): 7.21 mill
Op. Cash Flow (MRQ): 2.66 mill
all financial data provided without warranty