Wedbush Reaffirms Neutral Rating for National CineMedia (NASDAQ:NCMI)

National CineMedia (NASDAQ:NCMI)‘s stock had its “neutral” rating reaffirmed by equities researchers at Wedbush in a report issued on Wednesday,RTT News reports. They presently have a $7.50 target price on the business services provider’s stock. Wedbush’s price objective would indicate a potential upside of 18.11% from the stock’s previous close. Wedbush also issued estimates for National CineMedia’s Q4 2025 earnings at $0.49 EPS.

A number of other analysts have also issued reports on NCMI. StockNews.com lowered National CineMedia from a “hold” rating to a “sell” rating in a research note on Monday. Barrington Research increased their price target on shares of National CineMedia from $7.50 to $8.25 and gave the company an “outperform” rating in a research report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $8.06.

National CineMedia Price Performance

Shares of NASDAQ:NCMI opened at $6.35 on Wednesday. The firm has a 50 day moving average of $6.68 and a 200-day moving average of $6.81. The stock has a market capitalization of $602.71 million, a PE ratio of -25.40 and a beta of 2.06. National CineMedia has a 12 month low of $3.70 and a 12 month high of $7.60. 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 (NASDAQ:NCMI) last announced its earnings results on Thursday, March 6th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.06. The business had revenue of $86.30 million during the quarter, compared to analyst estimates 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, equities research analysts predict that National CineMedia will post -0.12 EPS for the current fiscal year.

Insiders Place Their Bets

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

Institutional Trading of National CineMedia

Institutional investors and hedge funds have recently made changes to their positions in the company. Summit Securities Group LLC purchased a new stake in National CineMedia during the 4th quarter valued at about $53,000. BNP Paribas Financial Markets acquired a new stake in shares of National CineMedia in the 4th quarter worth $57,000. DRW Securities LLC acquired a new position in National CineMedia in the fourth quarter valued at approximately $73,000. Quarry LP acquired a new position in National CineMedia in the fourth quarter valued at about $91,000. Finally, Ieq Capital LLC acquired a new position in shares of National CineMedia in the 4th quarter worth approximately $93,000. 69.49% of the stock is currently owned by institutional investors.

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.