National CineMedia (NASDAQ:NCMI - Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, November 5th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter. National CineMedia has set its Q3 2024 guidance at EPS.Investors that wish to listen to the company's conference call can do so using this link.
National CineMedia (NASDAQ:NCMI - Get Free Report) last issued its earnings results on Monday, August 5th. The business services provider reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.01). National CineMedia had a return on equity of 3.50% and a net margin of 78.04%. The business had revenue of $54.70 million for the quarter, compared to analysts' expectations of $49.87 million. During the same period last year, the business earned ($0.07) EPS. On average, analysts expect National CineMedia to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
National CineMedia Stock Performance
NCMI traded down $0.03 on Tuesday, reaching $7.17. The stock had a trading volume of 457,299 shares, compared to its average volume of 610,745. National CineMedia has a 12-month low of $3.54 and a 12-month high of $7.33. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 0.03. The business's 50-day moving average price is $6.86 and its two-hundred day moving average price is $5.68. The company has a market cap of $692.41 million, a P/E ratio of 2.68 and a beta of 2.08.
Analysts Set New Price Targets
Several equities analysts have weighed in on NCMI shares. Barrington Research upgraded shares of National CineMedia from a "market perform" rating to an "outperform" rating and set a $7.50 target price on the stock in a report on Tuesday, August 6th. Benchmark reaffirmed a "buy" rating and set a $8.00 target price on shares of National CineMedia in a research note on Monday, September 23rd. B. Riley upped their target price on shares of National CineMedia from $7.50 to $8.50 and gave the stock a "buy" rating in a research note on Friday, August 16th. Finally, Wedbush reiterated a "neutral" rating and set a $6.00 price target on shares of National CineMedia in a report on Tuesday, August 6th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, National CineMedia has an average rating of "Hold" and an average target price of $7.50.
View Our Latest Stock Analysis on NCMI
National CineMedia Company Profile
(
Get Free Report)
National CineMedia, Inc, through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. It engages in the sale of advertising to national, regional, and local businesses in Noovie, a cinema advertising and entertainment show seen on movie screens; and sells advertising on its Lobby Entertainment Network, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theatre lobbies.
See Also
Before you consider National CineMedia, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and National CineMedia wasn't on the list.
While National CineMedia currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
