National CineMedia (NASDAQ:NCMI) is scheduled to post its quarterly earnings results after the market closes on Wednesday, February 21st. Analysts expect National CineMedia to post earnings of $0.22 per share for the quarter.
Shares of National CineMedia (NCMI) opened at $7.05 on Tuesday. National CineMedia has a twelve month low of $5.12 and a twelve month high of $13.33. The firm has a market capitalization of $553.44, a price-to-earnings ratio of 21.36, a P/E/G ratio of 2.12 and a beta of 0.52. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of -14.71.
In other news, major shareholder General L.P. Standard bought 15,000 shares of the stock in a transaction dated 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 purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders bought a total of 810,940 shares of company stock valued at $5,503,629 over the last three months. Insiders own 5.40% of the company’s stock.
A number of equities research analysts recently weighed in on the company. Zacks Investment Research cut National CineMedia from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. BidaskClub cut National CineMedia from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. B. Riley cut National CineMedia to a “hold” rating and set a $8.75 target price for the company. in a research note on Monday, January 29th. ValuEngine cut National CineMedia from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. Finally, JPMorgan Chase & Co. cut National CineMedia from a “neutral” rating to an “underweight” rating and set a $5.00 target price for the company. in a research note on Wednesday, November 8th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $7.85.
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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.
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