National CineMedia (NCMI) Stock Price, News & Analysis

Company Overview

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. The company also sells online and mobile advertising through its Noovie Audience Accelerator product across a suite of Noovie digital properties, such as Name That Movie and Noovie Trivia app to reach entertainment audiences beyond the theater. It offers its services to third-party theater circuits under long-term network affiliate agreements. The company was incorporated in 2006 and is headquartered in Centennial, Colorado.

Key Stats

• Today's Range: $6.72 to $7.02
• 50-Day Range: $5.92 to $7.20
• 52-Week Range: $3.51 to $7.25
• Volume: 589,692 shs
• Average Volume: 619,961 shs
• Market Capitalization: $676.01 million
• P/E Ratio: 2.61
• Dividend Yield: N/A
• Price Target: $7.50
• Consensus Rating: Moderate Buy

National CineMedia Stock Analysis - MarketRank™

National CineMedia scored higher than 27% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

National CineMedia has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

National CineMedia has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for National CineMedia are expected to grow in the coming year, from ($0.04) to $0.28 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of National CineMedia is 2.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.84.

Price to Earnings Ratio vs. Sector

The P/E ratio of National CineMedia is 2.61, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 296.77.

Price to Book Value per Share Ratio

National CineMedia has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

9.29% of the float of National CineMedia has been sold short.

Short Interest Ratio / Days to Cover

National CineMedia has a short interest ratio ("days to cover") of 12.3, which indicates bearish sentiment.

Change versus previous month

Short interest in National CineMedia has recently increased by 3.58%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

National CineMedia does not currently pay a dividend.

Dividend Growth

National CineMedia does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of National CineMedia is 0.88%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on EPS estimates, National CineMedia will have a dividend payout ratio of 107.14% in the coming year. This indicates that National CineMedia may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

9.29% of the float of National CineMedia has been sold short.

Short Interest Ratio / Days to Cover

National CineMedia has a short interest ratio ("days to cover") of 12.3, which indicates bearish sentiment.

Change versus previous month

Short interest in National CineMedia has recently increased by 3.58%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

National CineMedia has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article for National CineMedia this week, compared to 3 articles on an average week.

MarketBeat Follows

1 people have added National CineMedia to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, National CineMedia insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $49,931.00 in company stock.

Percentage Held by Insiders

Only 0.25% of the stock of National CineMedia is held by insiders.

Percentage Held by Institutions

69.49% of the stock of National CineMedia is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NCMI Stock Analysis - Frequently Asked Questions

How have NCMI shares performed this year?

National CineMedia's stock was trading at $4.14 at the start of the year. Since then, NCMI shares have increased by 69.1% and is now trading at $7.00.
View the best growth stocks for 2024 here.

How were National CineMedia's earnings last quarter?

National CineMedia, Inc. (NASDAQ:NCMI) announced its quarterly 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. The business services provider earned $54.70 million during the quarter, compared to analyst estimates of $49.87 million. National CineMedia had a trailing twelve-month return on equity of 3.50% and a net margin of 78.04%.

When did National CineMedia's stock split?

National CineMedia shares reverse split on the morning of Friday, August 4th 2023. The 1-10 reverse split was announced on Thursday, August 3rd 2023. The number of shares owned by shareholders was adjusted after the market closes on Thursday, August 3rd 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are National CineMedia's major shareholders?

National CineMedia's top institutional shareholders include SG Americas Securities LLC (0.03%) and Fermata Advisors LLC (0.01%). Insiders that own company stock include General LP Standard, Thomas F Lesinski, Scott D Felenstein, Ronnie Y Ng and Maria Vg Woods.
View institutional ownership trends.

How do I buy shares of National CineMedia?

Shares of NCMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of National CineMedia own?

Based on aggregate information from My MarketBeat watchlists, some other companies that National CineMedia investors own include Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), AT&T (T), Verizon Communications (VZ) and Exxon Mobil (XOM).

Company Calendar

• Last Earnings: 8/05/2024
• Today: 10/17/2024
• Next Earnings (Estimated): 11/05/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Communication Services
• Industry: Advertising Agencies
• Sub-Industry: Advertising
• Current Symbol: NASDAQ:NCMI
• CUSIP: 63530910
• CIK: 1377630
• Web: www.ncm.com
• Phone: (303) 792-3600
• Fax: 303-792-8800
• Employees: 292
• Year Founded: 2002

Price Target and Rating

• Average Stock Price Target: $7.50
• High Stock Price Target: $8.50
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +7.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $34.07
• Trailing P/E Ratio: 2.61
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $705.20 million
• Net Margins: 78.04%
• Pretax Margin: 78.00%
• Return on Equity: 3.50%
• Return on Assets: 2.63%

Debt

• Debt-to-Equity Ratio: 0.03
• Current Ratio: 2.45
• Quick Ratio: 2.45

Sales & Book Value

• Annual Sales: $207.60 million
• Price / Sales: 3.26
• Cash Flow: $0.14 per share
• Price / Cash Flow: 50.37
• Book Value: $4.49 per share
• Price / Book: 1.56

Miscellaneous

• Outstanding Shares: 96,573,000
• Free Float: 96,332,000
• Market Cap: $676.01 million
• Optionable: Optionable
• Beta: 2.08