Barrington Research Has Pessimistic View of NCMI Q4 Earnings

National CineMedia, Inc. (NASDAQ:NCMI) – Stock analysts at Barrington Research dropped their Q4 2024 earnings per share estimates for National CineMedia in a research report issued to clients and investors on Wednesday, November 6th. Barrington Research analyst J. Goss now expects that the business services provider will post earnings per share of $0.08 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.

National CineMedia (NASDAQ:NCMI) last issued its quarterly earnings results on Tuesday, November 5th. The business services provider reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.01). National CineMedia had a return on equity of 3.50% and a net margin of 78.04%. The business had revenue of $62.40 million for the quarter, compared to analyst estimates of $58.20 million. During the same quarter in the prior year, the firm earned $0.33 EPS.

A number of other research firms also recently commented on NCMI. B. Riley upped their price objective on National CineMedia from $7.50 to $8.50 and gave the company a “buy” rating in a report on Friday, August 16th. Wedbush reaffirmed a “neutral” rating and issued a $7.50 price target (up from $6.00) on shares of National CineMedia in a research note on Monday. Finally, Benchmark reiterated a “buy” rating and issued a $8.00 price target on shares of National CineMedia in a research report on Monday, September 23rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $8.06.

National CineMedia Stock Performance

Shares of National CineMedia stock opened at $6.61 on Thursday. The firm has a fifty day moving average of $6.88 and a two-hundred day moving average of $5.79. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.45 and a current ratio of 2.45. The stock has a market capitalization of $637.84 million, a price-to-earnings ratio of 2.46 and a beta of 2.07. National CineMedia has a 52 week low of $3.63 and a 52 week high of $7.39.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Oppenheimer Asset Management Inc. lifted its holdings in shares of National CineMedia by 38.9% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 23,897 shares of the business services provider’s stock valued at $123,000 after purchasing an additional 6,690 shares in the last quarter. First Eagle Investment Management LLC increased its position in shares of National CineMedia by 37.6% during the first quarter. First Eagle Investment Management LLC now owns 1,966,355 shares of the business services provider’s stock worth $10,127,000 after acquiring an additional 537,822 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of National CineMedia by 0.5% during the first quarter. Vanguard Group Inc. now owns 3,584,556 shares of the business services provider’s stock worth $18,460,000 after acquiring an additional 18,347 shares during the period. Quadrature Capital Ltd bought a new stake in National CineMedia in the 1st quarter valued at $298,000. Finally, Gendell Jeffrey L acquired a new position in National CineMedia in the 1st quarter worth $2,352,000. 69.49% of the stock is owned by institutional investors and hedge funds.

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.