Barrington Research Analysts Boost Earnings Estimates for National CineMedia, Inc. (NASDAQ:NCMI)

National CineMedia, Inc. (NASDAQ:NCMI) – Research analysts at Barrington Research raised their FY2025 earnings estimates for National CineMedia in a research note issued to investors on Monday, April 22nd. Barrington Research analyst J. Goss now forecasts that the business services provider will post earnings per share of $0.24 for the year, up from their prior forecast of $0.23. The consensus estimate for National CineMedia’s current full-year earnings is $0.03 per share.

National CineMedia (NASDAQ:NCMI) last issued its earnings results on Monday, March 18th. The business services provider reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). The business had revenue of $90.90 million for the quarter, compared to the consensus estimate of $77.25 million. National CineMedia had a negative return on equity of 22.42% and a net margin of 426.68%.

A number of other equities analysts have also weighed in on NCMI. B. Riley upgraded shares of National CineMedia from a “neutral” rating to a “buy” rating and increased their target price for the stock from $4.50 to $6.75 in a research report on Tuesday, March 19th. Wedbush raised their price objective on shares of National CineMedia from $4.50 to $5.50 and gave the company a “neutral” rating in a research report on Tuesday, March 19th. StockNews.com raised shares of National CineMedia from a “sell” rating to a “hold” rating in a research note on Tuesday, April 16th. Finally, Benchmark reaffirmed a “speculative buy” rating and issued a $6.00 target price on shares of National CineMedia in a research note on Wednesday, March 20th.

National CineMedia Price Performance

Shares of NASDAQ:NCMI opened at $4.66 on Wednesday. The company has a quick ratio of 2.46, a current ratio of 2.46 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $452.16 million, a PE ratio of 0.15 and a beta of 1.89. National CineMedia has a twelve month low of $1.80 and a twelve month high of $5.75. The company has a 50-day moving average price of $4.59 and a two-hundred day moving average price of $4.25.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in NCMI. Hill Investment Group Partners LLC raised its stake in shares of National CineMedia by 67.4% during the fourth quarter. Hill Investment Group Partners LLC now owns 17,116 shares of the business services provider’s stock worth $71,000 after acquiring an additional 6,889 shares in the last quarter. State of New Jersey Common Pension Fund D purchased a new position in shares of National CineMedia during the third quarter worth approximately $136,000. Bank of New York Mellon Corp purchased a new position in shares of National CineMedia during the third quarter worth approximately $212,000. Jump Financial LLC bought a new position in shares of National CineMedia in the fourth quarter worth approximately $218,000. Finally, National Bank of Canada FI bought a new position in shares of National CineMedia in the third quarter worth approximately $332,000. 69.49% of the stock is owned by hedge funds and other institutional investors.

About National CineMedia

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.