Wedbush Reduces Earnings Estimates for National CineMedia

National CineMedia, Inc. (NASDAQ:NCMI - Free Report) - Investment analysts at Wedbush reduced their Q1 2025 earnings per share estimates for National CineMedia in a report released on Wednesday, March 5th. Wedbush analyst A. Reese now anticipates that the business services provider will earn ($0.22) per share for the quarter, down from their prior estimate of ($0.21). Wedbush has a "Neutral" rating and a $7.50 price target on the stock. The consensus estimate for National CineMedia's current full-year earnings is ($0.12) per share. Wedbush also issued estimates for National CineMedia's Q2 2025 earnings at ($0.03) EPS, Q3 2025 earnings at $0.00 EPS and FY2026 earnings at $0.35 EPS.

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

A number of other equities research analysts also recently weighed in on NCMI. Benchmark restated a "buy" rating and issued a $8.00 target price on shares of National CineMedia in a research report on Friday. StockNews.com upgraded National CineMedia from a "sell" rating to a "hold" rating in a report on Tuesday. Barrington Research decreased their target price on National CineMedia from $8.25 to $7.00 and set an "outperform" rating for the company in a research note on Friday. Finally, William Blair reiterated a "neutral" rating and issued a $7.50 price target on shares of National CineMedia in a research report on Friday. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $7.70.

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National CineMedia Price Performance

Shares of NASDAQ:NCMI traded down $0.04 during trading on Friday, reaching $5.35. The company had a trading volume of 968,943 shares, compared to its average volume of 638,622. National CineMedia has a twelve month low of $3.71 and a twelve month high of $7.60. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.46 and a current ratio of 2.46. The firm has a market capitalization of $507.80 million, a PE ratio of -21.40 and a beta of 2.19. The firm's fifty day moving average is $6.62 and its 200 day moving average is $6.79.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Sycale Advisors NY LLC acquired a new position in National CineMedia in the 4th quarter worth approximately $14,147,000. Hudson Bay Capital Management LP acquired a new stake in shares of National CineMedia in the fourth quarter worth $4,546,000. Ranger Investment Management L.P. acquired a new stake in shares of National CineMedia in the fourth quarter worth $4,058,000. Charles Schwab Investment Management Inc. grew its holdings in shares of National CineMedia by 240.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 721,697 shares of the business services provider's stock valued at $5,088,000 after buying an additional 509,756 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its position in National CineMedia by 5.6% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 6,936,947 shares of the business services provider's stock valued at $48,905,000 after buying an additional 365,360 shares during the period. 69.49% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other National CineMedia news, EVP Maria Vg Woods sold 23,742 shares of the company's stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $6.51, for a total transaction of $154,560.42. Following the completion of the sale, the executive vice president now directly owns 66,987 shares of the company's stock, valued at approximately $436,085.37. This represents a 26.17 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.25% of the stock is currently owned by company insiders.

About National CineMedia

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.