Barrington Research Has Bearish Outlook for NCMI Q4 Earnings

National CineMedia, Inc. (NASDAQ:NCMI - Free Report) - Analysts at Barrington Research reduced their Q4 2024 earnings per share (EPS) estimates for National CineMedia in a report released on Wednesday, November 6th. Barrington Research analyst J. Goss now forecasts that the business services provider will earn $0.08 per share for the quarter, down from their prior forecast of $0.14. Barrington Research has a "Outperform" rating and a $8.25 price target on the stock. The consensus estimate for National CineMedia's current full-year earnings is ($0.05) per share. Barrington Research also issued estimates for National CineMedia's Q3 2025 earnings at $0.11 EPS and Q4 2025 earnings at $0.16 EPS.

Several other equities analysts also recently weighed in on NCMI. B. Riley raised their price objective on National CineMedia from $7.50 to $8.50 and gave the company a "buy" rating in a research note on Friday, August 16th. Wedbush restated a "neutral" rating and issued a $7.50 price target (up previously from $6.00) on shares of National CineMedia in a research report on Monday. Finally, Benchmark reaffirmed a "buy" rating and set a $8.00 price target on shares of National CineMedia in a research note on Monday, September 23rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $8.06.

National CineMedia Price Performance

National CineMedia stock traded up $0.08 during mid-day trading on Thursday, reaching $6.61. The company had a trading volume of 589,870 shares, compared to its average volume of 612,489. The stock's 50-day simple moving average is $6.88 and its 200-day simple moving average is $5.78. The company has a market capitalization of $637.84 million, a P/E ratio of 2.44 and a beta of 2.07. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.45 and a quick ratio of 2.45. National CineMedia has a 1 year low of $3.63 and a 1 year high of $7.39.

National CineMedia (NASDAQ:NCMI - Get Free Report) last announced its quarterly earnings results on Tuesday, November 5th. The business services provider reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.01). The company had revenue of $62.40 million during the quarter, compared to analysts' expectations of $58.20 million. National CineMedia had a net margin of 78.04% and a return on equity of 3.50%. During the same quarter in the prior year, the business earned $0.33 EPS.

Institutional Investors Weigh In On National CineMedia

A number of large investors have recently bought and sold shares of the stock. SG Americas Securities LLC purchased a new stake in shares of National CineMedia in the second quarter valued at $56,000. Fermata Advisors LLC acquired a new stake in shares of National CineMedia during the 2nd quarter worth about $92,000. Bayesian Capital Management LP acquired a new stake in shares of National CineMedia during the 1st quarter worth about $104,000. Oppenheimer Asset Management Inc. grew its holdings in shares of National CineMedia by 38.9% during the first quarter. Oppenheimer Asset Management Inc. now owns 23,897 shares of the business services provider's stock worth $123,000 after buying an additional 6,690 shares in the last quarter. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of National CineMedia in the second quarter valued at approximately $124,000. Institutional investors and hedge funds own 69.49% of the company's stock.

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.