National CineMedia (NCMI) Projected to Post Quarterly Earnings on Monday

National CineMedia (NASDAQ:NCMI - Get Free Report) is anticipated to release its earnings data before the market opens on Monday, March 17th. Analysts expect National CineMedia to post earnings of $0.18 per share and revenue of $84.77 million for the quarter. National CineMedia has set its Q1 2025 guidance at EPS.Investors that wish to register for the company's conference call can do so using this link.

National CineMedia (NASDAQ:NCMI - Get Free Report) last issued its quarterly earnings results on Thursday, March 6th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.06. The business had revenue of $86.30 million during the quarter, compared to analysts' expectations of $84.77 million. National CineMedia had a negative return on equity of 2.61% and a negative net margin of 9.49%. 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 Price Performance

NASDAQ NCMI traded up $0.17 during midday trading on Thursday, hitting $5.70. The company had a trading volume of 639,696 shares, compared to its average volume of 642,514. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 0.03. National CineMedia has a twelve month low of $3.87 and a twelve month high of $7.60. The company has a market capitalization of $542.22 million, a PE ratio of -22.76 and a beta of 2.19. The firm has a 50-day moving average price of $6.57 and a 200-day moving average price of $6.77.

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Insiders Place Their Bets

In other National CineMedia news, major shareholder Blantyre Capital Ltd acquired 300,000 shares of the company's stock in a transaction that occurred on Friday, March 7th. The stock was bought at an average price of $5.12 per share, with a total value of $1,536,000.00. Following the completion of the purchase, the insider now owns 10,250,721 shares of the company's stock, valued at approximately $52,483,691.52. This represents a 3.01 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Maria Vg Woods sold 23,742 shares of the business's stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $6.51, for a total value of $154,560.42. Following the transaction, the executive vice president now directly owns 66,987 shares of the company's stock, valued at $436,085.37. The trade was a 26.17 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.33% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on NCMI. StockNews.com upgraded shares of National CineMedia from a "sell" rating to a "hold" rating in a research note on Tuesday. Barrington Research dropped their target price on shares of National CineMedia from $8.25 to $7.00 and set an "outperform" rating for the company in a report on Friday, March 7th. Benchmark reaffirmed a "buy" rating and set a $8.00 target price on shares of National CineMedia in a research note on Friday, March 7th. Wedbush reiterated a "neutral" rating and issued a $7.50 price target on shares of National CineMedia in a research note on Wednesday, March 5th. Finally, William Blair restated a "neutral" rating and set a $7.50 price objective on shares of National CineMedia in a research report on Friday, March 7th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $7.70.

National CineMedia Company Profile

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.