National CineMedia, Inc. (NASDAQ:NCMI) – Research analysts at B. Riley increased their Q2 2018 earnings estimates for National CineMedia in a research note issued on Tuesday. B. Riley analyst E. Wold now forecasts that the business services provider will earn $0.05 per share for the quarter, up from their previous forecast of $0.03. B. Riley currently has a “Hold” rating and a $8.75 target price on the stock. B. Riley also issued estimates for National CineMedia’s Q3 2018 earnings at $0.07 EPS, Q4 2018 earnings at $0.11 EPS, FY2018 earnings at $0.20 EPS, Q3 2019 earnings at $0.06 EPS, Q4 2019 earnings at $0.11 EPS and FY2019 earnings at $0.18 EPS.

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NCMI has been the subject of a number of other research reports. BidaskClub downgraded shares of National CineMedia from a “strong-buy” rating to a “buy” rating in a research report on Friday, March 9th. Zacks Investment Research upgraded shares of National CineMedia from a “sell” rating to a “hold” rating in a research report on Wednesday, January 24th. ValuEngine downgraded shares of National CineMedia from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. Finally, Benchmark reduced their price objective on shares of National CineMedia from $12.00 to $10.00 and set a “buy” rating for the company in a research report on Tuesday. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. National CineMedia currently has an average rating of “Hold” and a consensus target price of $8.21.

Shares of National CineMedia (NCMI) opened at $6.24 on Wednesday. The company has a debt-to-equity ratio of -14.71, a current ratio of 1.76 and a quick ratio of 1.76. The company has a market cap of $534.59, a PE ratio of 20.03, a P/E/G ratio of 2.09 and a beta of 0.36. National CineMedia has a 12-month low of $5.12 and a 12-month high of $13.33.

National CineMedia (NASDAQ:NCMI) last announced its quarterly earnings data on Monday, March 12th. The business services provider reported $0.27 EPS for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.06. The firm had revenue of $140.70 million during the quarter, compared to the consensus estimate of $144.48 million. National CineMedia had a net margin of 0.12% and a negative return on equity of 41.83%. The firm’s revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.24 earnings per share.

A number of institutional investors have recently modified their holdings of the business. MetLife Investment Advisors LLC purchased a new position in National CineMedia in the fourth quarter valued at about $113,000. Greenhouse Funds LLLP increased its stake in shares of National CineMedia by 38.7% during the 4th quarter. Greenhouse Funds LLLP now owns 1,634,645 shares of the business services provider’s stock worth $11,214,000 after purchasing an additional 456,352 shares in the last quarter. Millennium Management LLC increased its stake in shares of National CineMedia by 199.9% during the 4th quarter. Millennium Management LLC now owns 587,954 shares of the business services provider’s stock worth $4,033,000 after purchasing an additional 391,896 shares in the last quarter. Two Sigma Investments LP increased its stake in shares of National CineMedia by 48.4% during the 4th quarter. Two Sigma Investments LP now owns 202,538 shares of the business services provider’s stock worth $1,389,000 after purchasing an additional 66,051 shares in the last quarter. Finally, HPM Partners LLC purchased a new position in shares of National CineMedia during the 4th quarter worth approximately $110,000. 87.16% of the stock is owned by institutional investors.

In related news, major shareholder General L.P. Standard bought 15,000 shares of the company’s stock in a transaction on Friday, December 22nd. The stock was bought at an average cost of $6.94 per share, with a total value of $104,100.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 5.40% of the company’s stock.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, March 22nd will be issued a $0.17 dividend. The ex-dividend date is Wednesday, March 21st. This represents a $0.68 dividend on an annualized basis and a yield of 10.90%. National CineMedia’s dividend payout ratio (DPR) is presently 4,400.00%.

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About National CineMedia

National CineMedia, Inc (NCM, Inc) is a holding company that manages its consolidated subsidiary National CineMedia, LLC (NCM LLC). The Company operates digital in-theater network in North America, allowing NCM LLC to sell advertising and certain third-party theater circuits under long-term network affiliate agreements.

Earnings History and Estimates for National CineMedia (NASDAQ:NCMI)

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