During the last session, National Cinemedia Inc (NASDAQ:NCMI)’s traded shares were 0.82 million, with the beta value of the company hitting 2.09. At the end of the trading day, the stock’s price was $5.18, reflecting an intraday loss of -1.52% or -$0.08. The 52-week high for the NCMI share is $7.60, that puts it down -46.72 from that peak though still a striking 20.66% gain since the share price plummeted to a 52-week low of $4.11. The company’s market capitalization is $488.50M, and the average intraday trading volume over the past 10 days was 0.53 million shares, and the average trade volume was 807.52K shares over the past three months.
National Cinemedia Inc (NCMI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.40. NCMI has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.09.
National Cinemedia Inc (NASDAQ:NCMI) trade information
National Cinemedia Inc (NCMI) registered a -1.52% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.52% in intraday trading to $5.18, hitting a weekly high. The stock’s 5-day price performance is -2.63%, and it has moved by -0.38% in 30 days. Based on these gigs, the overall price performance for the year is 11.88%. The short interest in National Cinemedia Inc (NASDAQ:NCMI) is 8.08 million shares and it means that shorts have 9.57 day(s) to cover.
The consensus price target of analysts on Wall Street is $7.5, which implies an increase of 30.93% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7.5 and $7.5 respectively. As a result, NCMI is trading at a discount of -44.79% off the target high and -44.79% off the low.
National Cinemedia Inc (NCMI) estimates and forecasts
In the rating firms’ projections, revenue will increase 7.39% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 59.45M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 66.6M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 54.7M and 62.4M respectively. In this case, analysts expect current quarter sales to grow by 8.68% and then jump by 6.73% in the coming quarter.
While earnings are projected to return 31.52% in 2025.
NCMI Dividends
National Cinemedia Inc is due to release its next quarterly earnings on 2025-May-06. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for National Cinemedia Inc is 0.06, with the dividend yield indicating at 1.16 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 16.07%.
National Cinemedia Inc (NASDAQ:NCMI)’s Major holders
National Cinemedia Inc insiders own 5.62% of total outstanding shares while institutional holders control 89.14%, with the float percentage being 94.45%. BLANTYRE CAPITAL LTD is the largest shareholder of the company, while 156.0 institutions own stock in it. As of 2024-06-30, the company held over 26.66 million shares (or 27.6571% of all shares), a total value of $117.06 million in shares.
The next largest institutional holding, with 6.57 million shares, is of HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC’s that is approximately 6.8162% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $28.85 million.
