In today’s recent session, 0.48 million shares of the National Cinemedia Inc (NASDAQ:NCMI) have been traded, and its beta is 1.91. Most recently the company’s share price was $4.53, and it changed around $0.03 or 0.67% from the last close, which brings the market valuation of the company to $439.50M. NCMI at last check was trading at a discount to its 52-week high of $5.75, offering almost -26.93% off that amount. The share price’s 52-week low was $1.80, which indicates that the recent value has risen by an impressive 60.26% since then. We note from National Cinemedia Inc’s average daily trading volume that its 3-month average coming to 708.22K.
National Cinemedia Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.33. If we narrow it down even further, the data shows that 1 out of 7 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 4 recommended NCMI as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. National Cinemedia Inc is expected to report earnings per share of $Nova Ltd. for the current quarter.
National Cinemedia Inc (NASDAQ:NCMI) trade information
Instantly NCMI has been showing a green trend so far today with a performance of 0.67% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently up 9.42% year-to-date, but still down -2.16% over the last five days. On the other hand, National Cinemedia Inc (NASDAQ:NCMI) is -14.61% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $6.75, which translates to bulls needing to increase their stock price by 32.89% from its current value. Analyst projections state that NCMI is forecast to be at a low of $6.75 and a high of $6.75.
National Cinemedia Inc (NCMI) estimates and forecasts
National Cinemedia Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 22.10 percent over the past six months and at a 108.82% annual growth rate that is well above the industry average of 10.00%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 31.55%. National Cinemedia Inc earnings are expected to increase by -99.81% in 2024, but the outlook is negative -6.33% per year for the next five years.
