National CineMedia Inc. (NASDAQ:NCMI)’s share price traded down 1.9% on Wednesday . The company traded as low as $15.27 and last traded at $15.53, with a volume of 127,543 shares traded. The stock had previously closed at $15.83.

A number of equities analysts have weighed in on the company. Stifel Nicolaus downgraded National CineMedia from a “buy” rating to a “hold” rating in a research report on Wednesday. Zacks Investment Research raised National CineMedia from a “sell” rating to a “hold” rating in a research report on Wednesday, July 13th. Credit Suisse Group AG started coverage on National CineMedia in a research report on Monday, June 13th. They set an “outperform” rating and a $21.00 price target on the stock. B. Riley reaffirmed a “buy” rating and issued a $20.00 target price on shares of National CineMedia in a research report on Thursday, May 5th. Finally, FBR & Co reaffirmed a “buy” rating on shares of National CineMedia in a research report on Thursday, May 26th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $18.10.

The stock has a 50 day moving average price of $15.13 and a 200 day moving average price of $14.78. The company has a market cap of $936.78 million and a price-to-earnings ratio of 46.47.

National CineMedia (NASDAQ:NCMI) last announced its quarterly earnings results on Wednesday, May 4th. The company reported ($0.05) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by $0.01. The company had revenue of $76.20 million for the quarter, compared to analyst estimates of $74.53 million. During the same quarter last year, the firm posted $0.01 earnings per share. The business’s quarterly revenue was down .9% compared to the same quarter last year. On average, analysts forecast that National CineMedia Inc. will post $0.52 EPS for the current fiscal year.

Other institutional investors have recently bought and sold shares of the company. Rhumbline Advisers boosted its position in National CineMedia by 3.5% in the fourth quarter. Rhumbline Advisers now owns 80,367 shares of the company’s stock valued at $1,263,000 after buying an additional 2,705 shares in the last quarter. New York State Common Retirement Fund boosted its position in National CineMedia by 13.7% in the fourth quarter. New York State Common Retirement Fund now owns 84,513 shares of the company’s stock valued at $1,328,000 after buying an additional 10,158 shares in the last quarter. Pear Tree Advisors Inc. purchased a new position in National CineMedia during the fourth quarter valued at approximately $1,555,000. California State Teachers Retirement System boosted its position in National CineMedia by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 113,863 shares of the company’s stock valued at $1,789,000 after buying an additional 2,003 shares in the last quarter. Finally, GSA Capital Partners LLP boosted its position in National CineMedia by 31.7% in the fourth quarter. GSA Capital Partners LLP now owns 157,959 shares of the company’s stock valued at $2,482,000 after buying an additional 37,987 shares in the last quarter.

National CineMedia, Inc (NCM, Inc) is a holding company that manages its consolidated subsidiary National CineMedia, LLC (NCM LLC). NCM LLC operates the digital in-theatre media network in North America, through which it sells in-theatre and online advertising and promotions. The Company is engaged in advertising business.

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