National CineMedia, Inc. to Post Q4 2024 Earnings of $0.23 Per Share, Barrington Research Forecasts (NASDAQ:NCMI)

National CineMedia, Inc. (NASDAQ:NCMI) – Barrington Research raised their Q4 2024 earnings per share estimates for National CineMedia in a note issued to investors on Tuesday, May 7th. Barrington Research analyst J. Goss now anticipates that the business services provider will post earnings per share of $0.23 for the quarter, up from their prior estimate of $0.18. The consensus estimate for National CineMedia’s current full-year earnings is $0.05 per share. Barrington Research also issued estimates for National CineMedia’s Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.27 EPS and FY2025 earnings at $0.29 EPS.

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

Other analysts have also recently issued research reports about the stock. B. Riley upgraded shares of National CineMedia from a “neutral” rating to a “buy” rating and lifted their price target for the company from $4.50 to $6.75 in a report on Tuesday, March 19th. Wedbush reaffirmed a “neutral” rating and set a $5.50 target price on shares of National CineMedia in a research note on Tuesday. Benchmark reiterated a “speculative buy” rating and set a $6.00 target price on shares of National CineMedia in a report on Tuesday. Finally, StockNews.com upgraded National CineMedia from a “sell” rating to a “hold” rating in a research note on Tuesday, April 16th.

National CineMedia Trading Down 4.6 %

NASDAQ NCMI opened at $4.61 on Wednesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.46 and a current ratio of 2.46. National CineMedia has a fifty-two week low of $2.57 and a fifty-two week high of $5.75. The stock has a market cap of $447.31 million, a P/E ratio of 0.15 and a beta of 1.93. The stock has a 50 day simple moving average of $4.67 and a two-hundred day simple moving average of $4.29.

Hedge Funds Weigh In On National CineMedia

Large investors have recently made changes to their positions in the business. Hill Investment Group Partners LLC increased its position in National CineMedia by 67.4% during the 4th quarter. Hill Investment Group Partners LLC now owns 17,116 shares of the business services provider’s stock valued at $71,000 after buying an additional 6,889 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in National CineMedia by 38.9% in the first quarter. Oppenheimer Asset Management Inc. now owns 23,897 shares of the business services provider’s stock valued at $123,000 after acquiring an additional 6,690 shares during the period. State of New Jersey Common Pension Fund D purchased a new position in shares of National CineMedia in the third quarter worth approximately $136,000. Bank of New York Mellon Corp purchased a new position in shares of National CineMedia during the 3rd quarter worth $212,000. Finally, Jump Financial LLC bought a new stake in shares of National CineMedia during the 4th quarter valued at $218,000. 69.49% of the stock is currently 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.