Shares of National CineMedia Inc. (NASDAQ:NCMI) have received a consensus rating of “Buy” from the eight ratings firms that are currently covering the stock. Three investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $18.17.

A number of equities research analysts recently issued reports on the stock. B. Riley reaffirmed a “buy” rating and set a $18.75 price target (down previously from $20.00) on shares of National CineMedia in a research note on Tuesday, August 9th. FBR & Co decreased their price target on shares of National CineMedia from $18.50 to $17.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 9th. Zacks Investment Research downgraded shares of National CineMedia from a “hold” rating to a “sell” rating in a research note on Saturday, July 23rd. Stifel Nicolaus downgraded shares of National CineMedia from a “buy” rating to a “hold” rating in a research note on Wednesday, July 20th. Finally, Wedbush reaffirmed an “outperform” rating and set a $17.50 price target (down previously from $19.00) on shares of National CineMedia in a research note on Wednesday, August 10th.

Shares of National CineMedia (NASDAQ:NCMI) traded down 0.50% during midday trading on Tuesday, hitting $14.00. 75,801 shares of the stock were exchanged. The stock has a market cap of $837.70 million, a P/E ratio of 50.36 and a beta of 0.43. The firm has a 50 day moving average of $14.65 and a 200-day moving average of $14.79. National CineMedia has a 12 month low of $13.47 and a 12 month high of $16.33.

National CineMedia (NASDAQ:NCMI) last released its quarterly earnings results on Monday, August 8th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.14 by $0.03. The business had revenue of $115.40 million for the quarter, compared to analysts’ expectations of $115.52 million. National CineMedia had a net margin of 3.82% and a negative return on equity of 12.56%. National CineMedia’s revenue for the quarter was down 5.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.17 EPS. Equities research analysts anticipate that National CineMedia will post $0.40 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Advisors LLC increased its position in National CineMedia by 0.8% in the second quarter. BlackRock Advisors LLC now owns 30,225 shares of the company’s stock valued at $468,000 after buying an additional 242 shares in the last quarter. LaSalle Street Capital Management LLC increased its position in National CineMedia by 2.4% in the second quarter. LaSalle Street Capital Management LLC now owns 15,236 shares of the company’s stock valued at $236,000 after buying an additional 354 shares in the last quarter. First Dallas Securities Inc. increased its position in National CineMedia by 4.6% in the second quarter. First Dallas Securities Inc. now owns 17,173 shares of the company’s stock valued at $266,000 after buying an additional 749 shares in the last quarter. Nationwide Fund Advisors increased its position in National CineMedia by 2.7% in the second quarter. Nationwide Fund Advisors now owns 40,986 shares of the company’s stock valued at $634,000 after buying an additional 1,088 shares in the last quarter. Finally, Blair William & Co. IL increased its position in National CineMedia by 5.7% in the second quarter. Blair William & Co. IL now owns 22,208 shares of the company’s stock valued at $344,000 after buying an additional 1,194 shares in the last quarter. 93.23% of the stock is currently owned by institutional investors.

National CineMedia Company Profile

National CineMedia, Inc (NCM, Inc) is a holding company that manages its consolidated subsidiary National CineMedia, LLC (NCM LLC). NCM LLC operates the digital in-theatre media network in North America, through which it sells in-theatre and online advertising and promotions. The Company is engaged in advertising business.

5 Day Chart for NASDAQ:NCMI

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