National CineMedia, Inc. (NASDAQ:NCMI – Get Free Report) has been given a consensus recommendation of “Hold” by the six analysts that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $4.8125.
NCMI has been the subject of several recent research reports. Weiss Ratings restated a “sell (d+)” rating on shares of National CineMedia in a research note on Friday, August 7th. Wedbush set a $5.00 target price on National CineMedia and gave the stock an “outperform” rating in a report on Wednesday. Barrington Research set a $4.25 target price on shares of National CineMedia in a research report on Wednesday. Wall Street Zen raised shares of National CineMedia from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 6th. Finally, Zacks Research downgraded shares of National CineMedia from a “hold” rating to a “strong sell” rating in a research note on Tuesday.
Read Our Latest Research Report on National CineMedia
Insider Activity
Institutional Investors Weigh In On National CineMedia
Large investors have recently added to or reduced their stakes in the stock. Quantbot Technologies LP acquired a new position in National CineMedia in the 3rd quarter valued at $34,000. Graham Capital Management L.P. acquired a new stake in shares of National CineMedia during the 4th quarter worth $40,000. Strs Ohio acquired a new stake in shares of National CineMedia during the 1st quarter worth $43,000. NewEdge Advisors LLC bought a new position in shares of National CineMedia in the first quarter worth $44,000. Finally, Jump Financial LLC acquired a new position in National CineMedia in the fourth quarter valued at about $53,000. Institutional investors and hedge funds own 69.49% of the company’s stock.
National CineMedia Stock Performance
NCMI opened at $2.68 on Friday. National CineMedia has a 52-week low of $2.16 and a 52-week high of $5.03. The firm has a market capitalization of $251.33 million, a PE ratio of -29.77 and a beta of 1.38. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.82 and a current ratio of 1.82. The business’s 50-day simple moving average is $3.74 and its 200 day simple moving average is $3.50.
National CineMedia (NASDAQ:NCMI – Get Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The business services provider reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.01). National CineMedia had a negative net margin of 3.05% and a negative return on equity of 1.29%. The firm had revenue of $58.40 million during the quarter, compared to analyst estimates of $59.34 million. As a group, sell-side analysts expect that National CineMedia will post -0.01 earnings per share for the current fiscal year.
About National CineMedia
National CineMedia, Inc is a leading U.S. out-of-home media company specializing in cinema advertising. The firm operates a proprietary network that delivers high-impact advertising content to moviegoers across a broad footprint of theaters, offering brands a targeted and immersive way to engage audiences in a captive, distraction-free environment.
Founded in 2003 and headquartered in Centennial, Colorado, National CineMedia began as a joint venture among several major exhibition chains.
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