National CineMedia Inc. (NASDAQ:NCMI) – Equities researchers at FBR & Co upped their FY2016 EPS estimates for National CineMedia in a research note issued on Tuesday. FBR & Co analyst B. Crockett now forecasts that the brokerage will earn $0.43 per share for the year, up from their previous estimate of $0.42. FBR & Co currently has a “Outperform” rating and a $17.00 target price on the stock. FBR & Co also issued estimates for National CineMedia’s FY2017 earnings at $0.49 EPS.

Other equities research analysts have also recently issued reports about the company. B. Riley restated a “buy” rating and set a $18.75 target price on shares of National CineMedia in a research note on Sunday, August 14th. Zacks Investment Research upgraded National CineMedia from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research note on Thursday. Benchmark Co. upped their target price on National CineMedia from $17.81 to $18.08 and gave the stock a “buy” rating in a research note on Tuesday. Stifel Nicolaus cut National CineMedia from a “buy” rating to a “hold” rating in a research note on Wednesday, July 20th. Finally, Wedbush restated an “outperform” rating and set a $17.50 target price (down from $19.00) on shares of National CineMedia in a research note on Wednesday, August 10th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $18.06.

Earnings History and Estimates for National CineMedia (NASDAQ:NCMI)

Shares of National CineMedia (NASDAQ:NCMI) opened at 15.21 on Thursday. The company’s 50 day moving average price is $14.26 and its 200-day moving average price is $14.75. National CineMedia has a 52 week low of $13.37 and a 52 week high of $16.33. The firm has a market capitalization of $910.36 million, a PE ratio of 52.63 and a beta of 0.87.

National CineMedia (NASDAQ:NCMI) last announced its quarterly earnings data on Monday, November 7th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. National CineMedia had a negative return on equity of 13.70% and a net margin of 3.92%. The business earned $113.50 million during the quarter, compared to analysts’ expectations of $114.52 million. During the same period in the previous year, the firm earned $0.13 earnings per share. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 2nd. Investors of record on Friday, November 18th will be issued a $0.22 dividend. The ex-dividend date is Wednesday, November 16th. This represents a $0.88 dividend on an annualized basis and a yield of 5.79%. National CineMedia’s payout ratio is 314.30%.

A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in National CineMedia by 5.3% in the second quarter. Vanguard Group Inc. now owns 4,438,472 shares of the company’s stock worth $68,708,000 after buying an additional 221,533 shares during the last quarter. Stephens Investment Management Group LLC increased its stake in National CineMedia by 4.5% in the third quarter. Stephens Investment Management Group LLC now owns 3,399,380 shares of the company’s stock worth $50,039,000 after buying an additional 145,119 shares during the last quarter. Wellington Management Group LLP increased its stake in National CineMedia by 10.2% in the first quarter. Wellington Management Group LLP now owns 2,443,768 shares of the company’s stock worth $37,169,000 after buying an additional 226,207 shares during the last quarter. Weitz Investment Management Inc. increased its stake in National CineMedia by 0.5% in the second quarter. Weitz Investment Management Inc. now owns 2,286,953 shares of the company’s stock worth $35,402,000 after buying an additional 10,321 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in National CineMedia by 1.3% in the second quarter. Dimensional Fund Advisors LP now owns 2,040,211 shares of the company’s stock worth $31,581,000 after buying an additional 27,055 shares during the last quarter. Institutional investors and hedge funds own 92.77% of the company’s stock.

About National CineMedia

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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